About Fred and Alice Wallace Charitable Memorial Foundation
A $125,000 grant to Dayton Children’s Hospital in 2023 stands out as the foundation’s largest recent award, and it sets the tone for The Fred and Alice Wallace Charitable Memorial Foundation’s giving: direct support for healthcare and education in the Miami Valley, especially around Dayton and Springboro. The foundation favors local nonprofits that provide services to children and families, with Catholic-affiliated education and social services appearing repeatedly alongside pediatric health support. Catholic Social Services has been a recurring grantee, receiving $60,000 in 2023, $60,000 in 2024, and $60,000 in 2025 for education-related work. Other recent awards show the same pattern of targeted, community-based funding, including support for Miami Valley Hospital Foundation, United Rehabilitation Services Dayton, and Shriners Childrens Hospital. The grant list is dominated by Dayton-area organizations, and the foundation’s 990 data show a local orientation rather than a broad regional or national spread. Its grantmaking is concentrated on direct service organizations that address educational needs, child health, and family support.
What Fred and Alice Wallace Charitable Memorial Foundation Funds
Catholic-affiliated education and social services are a central thread in the foundation’s recent grantmaking. Catholic Social Services received $60,000 in each of 2023, 2024, and 2025 for education. In the same general area, St Vincent De Paul received $10,000 in 2024 for education, and the Salvation Army received $14,000 in 2024 and $10,000 in 2025 for education. Pediatric and family health also appears prominently. Shriners Childrens Hospital received $10,000 in 2023, $15,000 in 2024, and $15,000 in 2025 for health. Dayton Children’s Hospital received $125,000 in 2023 for health, while Brigid's Path received $12,500 in 2024 for health. The foundation also supports literacy and youth-serving education programs, including Brunner Literacy Council at $10,000 in 2023 and $15,000 in 2025, and Big Brothers Big Sisters at $10,500 in 2025.
How Fred and Alice Wallace Charitable Memorial Foundation Gives
The typical grant is modest and tightly grouped: p25 is $5,000, median is $10,000, and p75 is $10,000. That distribution suggests a core pattern of small-to-mid-sized awards, with a few larger grants above the median. Several organizations appear in multiple years, including Catholic Social Services, Shriners Childrens Hospital, United Rehabilitation Services Dayton, Homefull Inc, and Daybreak, which points to repeat support rather than one-time gifts. The foundation makes direct grants to local nonprofits and accepts mailed paper applications through its general grantmaking programs. It does not fund individuals and does not make program-related investments.
