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Filing year 2024

THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION

Springboro, Ohio·EIN 31-0944135·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$789k
Total assets
$7.6M
Total expenses
$600k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio.

President / Treasurer
Board President
10th to 25th percentile
$6k
$6k
Secretary
Board Secretary
25th percentile to median
$6k
$6k
Vice President
Board Vice President
10th to 25th percentile
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION equaled 1.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1.0%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$431k

Itemized grants

37

Median grant

$10k

RecipientLocationPurposeAmount
CATHOLIC SOCIAL SERVICESDAYTON, OHEDUCATION$60k
MIAMI VALLEY HOSPITAL FOUNDATIONDAYTON, OHHEALTH$50k
UNITED REHABILITATION SERVICES DAYTONDAYTON, OHHEALTH$20k
BRUNNER LITERACY COUNCILDAYTON, OHEDUCATION$15k
SHRINERS CHILDRENS HOSPITALDAYTON, OHHEALTH$15k
DAYBREAKDAYTON, OHEDUCATION$12k
BIG BROTHERS BIG SISTERSDAYTON, OHEDUCATION$11k
DAYTON FOUNDATIONDAYTON, OHEDUCATION$10k
DECADAYTON, OHEDUCATION$10k
FIVE RIVERS METRO PARKSDAYTON, OHEDUCATION$10k
GOOD SAMARITAN FOUNDATIONDAYTON, OHHEALTH$10k
HOMEFULL INCDAYTON, OHEDUCATION$10k
JUNIOR ACHIEVEMENT OF OKI PARTNERSDAYTON, OHEDUCATION$10k
KIDS IN NEW DIRECTIONSDAYTON, OHEDUCATION$10k
OHIO TRI COUNTY FOOD ALLIANCE SECOND HARVESTSPRINGFIELD, OHHEALTH$10k
PREVENT BLINDNESSDAYTON, OHHEALTH$10k
SALVATION ARMYDAYTON, OHEDUCATION$10k
SAMARITANS PURSEBOONE, NCHEALTHHEALTHEDUCATION$10k
ST VINCENT DE PAULDAYTON, OHEDUCATION$10k
THE FOODBANK INCDAYTON, OHHEALTH$10k
THERAPEUTIC RIDING INSTITUTESPRING VALLEY, OHHEALTH$10k
VICTORY PROJECTDAYTON, OHHEALTH$10k
WE CARE ARTSKETTERING, OHEDUCATION$10k
WESTMINSTER PRESBYTERIAN CHURCHDAYTON, OHEDUCATION$10k
GOODWILL EASTER SEALS MIAMI VALLEYDAYTON, OHHEALTH$8k
Compare this foundation's grantees
Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 90%.

$6k in 2023 to $6k in 2024.
  • Board Secretary pay held roughly steady from 2023 to 2024.
  • Board Vice President pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION

What does the Board President of THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION earn?

In 2024, the Board President of THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION received $6,000 in total compensation. This pay is in the bottom quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board President at THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION equaled 1.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION's revenue and expenses?

In 2024, THE FRED AND ALICE WALLACE CHARITABLE MEMORIAL FOUNDATION reported $789k in total revenue and $600k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.