Kane Wallace Foundation

The Edward W & Martha J Wallace Fam

Concord, MA
Tax-exempt since Sept. 1999
EIN: 04-3466900

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$4.96M (2024)

Expenses

$3.19M (2024)

Total Assets

$35.2M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$4,958,904

Expenses

$3,185,204

Net Income

$1,773,700

Net Assets

$35,156,749

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,003,520	40.4%
Interest Revenue	$0
Dividends	$1,387,735	28.0%
Sales of Assets	$1,567,649	31.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,952,650	92.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$35,156,749
Total Liabilities	$0
Net Assets	$35,156,749

Compensation

Key Employees and Officers	Compensation	Other
Edward W Kane (Trustee, None)	$0	$0
Martha J Wallace (Trustee, None)	$0	$0

990-PF

Filed on Nov. 17, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$6,114,600

Expenses

$2,116,934

Net Income

$3,997,666

Net Assets

$34,690,131

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,138,174	35.0%
Interest Revenue	$0
Dividends	$1,235,211	20.2%
Sales of Assets	$2,741,215	44.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,949,328	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,690,131
Total Liabilities	$0
Net Assets	$34,690,131

Compensation

Key Employees and Officers	Compensation	Other
Edward W Kane (Trustee, None)	$0	$0
Martha J Wallace (Trustee, None)	$0	$0

990-PF

Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$5,448,693

Expenses

$1,725,144

Net Income

$3,723,549

Net Assets

$32,569,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,088,959	38.3%
Interest Revenue	$0
Dividends	$1,012,008	18.6%
Sales of Assets	$2,347,726	43.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,579,700	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,569,059
Total Liabilities	$0
Net Assets	$32,569,059

Compensation

Key Employees and Officers	Compensation	Other
Edward W Kane (Trustee, None)	$0	$0
Martha J Wallace (Trustee, None)	$0	$0

990-PF

Filed on Aug. 31, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$6,742,867

Expenses

$2,404,481

Net Income

$4,338,386

Net Assets

$30,581,083

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,014,225	29.9%
Interest Revenue	$0
Dividends	$977,384	14.5%
Sales of Assets	$3,651,889	54.2%
Other Income	$99,369	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,215,490	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,581,083
Total Liabilities	$0
Net Assets	$30,581,083

Compensation

Key Employees and Officers	Compensation	Other
Edward W Kane (Trustee, None)	$0	$0
Martha J Wallace (Trustee, None)	$0	$0

990-PF

Filed on Nov. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$3,685,391

Expenses

$2,143,047

Net Income

$1,542,344

Net Assets

$28,079,898

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,988,383	54.0%
Interest Revenue	$0
Dividends	$948,825	25.7%
Sales of Assets	$747,347	20.3%
Other Income	$836	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,999,850	93.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,079,899
Total Liabilities	$1
Net Assets	$28,079,898

Compensation

Key Employees and Officers	Compensation	Other
Edward W Kane (Trustee, None)	$0	$0
Martha J Wallace (Trustee, None)	$0	$0

990-PF

Filed on Nov. 16, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$4,795,044

Expenses

$2,049,285

Net Income

$2,745,759

Net Assets

$28,200,027

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,572,447	32.8%
Interest Revenue	$0
Dividends	$927,465	19.3%
Sales of Assets	$2,294,349	47.8%
Other Income	$783	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,926,636	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,200,027
Total Liabilities	$0
Net Assets	$28,200,027

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$5,103,920

Expenses

$1,441,565

Net Income

$3,662,355

Net Assets

$23,096,377

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,186,806	42.8%
Interest Revenue	$0
Dividends	$613,384	12.0%
Sales of Assets	$2,303,285	45.1%
Other Income	$445	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,343,905	93.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,096,377
Total Liabilities	$0
Net Assets	$23,096,377

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$4,197,021

Expenses

$1,125,636

Net Income

$3,071,385

Net Assets

$20,673,998

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,025,382	48.3%
Interest Revenue	$0
Dividends	$594,102	14.2%
Sales of Assets	$1,577,030	37.6%
Other Income	$507	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,050,665	93.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$20,673,998
Total Liabilities	$0
Net Assets	$20,673,998

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$3,155,580

Expenses

$1,128,247

Net Income

$2,027,333

Net Assets

$19,222,524

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,040,339	64.7%
Interest Revenue	$0
Dividends	$580,790	18.4%
Sales of Assets	$534,118	16.9%
Other Income	$333	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,029,385	91.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,222,524
Total Liabilities	$0
Net Assets	$19,222,524

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$3,857,675

Expenses

$745,229

Net Income

$3,112,446

Net Assets

$18,020,261

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,138,509	55.4%
Interest Revenue	$0
Dividends	$526,209	13.6%
Sales of Assets	$1,192,957	30.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$650,982	87.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$18,020,261
Total Liabilities	$0
Net Assets	$18,020,261

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$4,507,762

Expenses

$719,770

Net Income

$3,787,992

Net Assets

$15,318,168

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,926,582	42.7%
Interest Revenue	$0
Dividends	$388,337	8.6%
Sales of Assets	$2,192,843	48.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$666,058	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,318,168
Total Liabilities	$0
Net Assets	$15,318,168

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Kane Wallace Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $4.96M (2024)

Expenses $3.19M (2024)

Total Assets $35.2M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

Revenue

$4.96M (2024)

Expenses

$3.19M (2024)

Total Assets

$35.2M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001