The Arkansas State Capitol

Form 990-PFTax year 2025EIN 71-6157075

Joseph Francis Wallace Trust

A private foundation in McGehee, AR. Its return for tax year 2025 lists 17 grants and $291,283 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Gibbs Ferguson
209 West Oak Street
McGehee, AR 71654
(870) 222-6660
Form and materials
Applications should be in writing giving the applicant's name, address, telephone number and details why the applicant deserves consideration.
Deadlines
Applications are accepted at any time.
Restrictions
Scholarships and grants are limited to the education, maintenance, sustenance and rehabilitation of deserving people who are in need of assistance due to age, illness, disability, infirmity or adverse conditions and whose needs are not met through usual assistance from state or federal governments or from mainline charitable organizations.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $291,283

    Grants listed
    17
    Assets, end of year
    $6,387,125
  • Tax year 2024

    $291,606

    Grants listed
    21
    Assets, end of year
    $6,402,330
  • Tax year 2023

    $292,940

    Grants listed
    21
    Assets, end of year
    $6,411,528
  • Tax year 2022

    $290,111

    Grants listed
    15
    Assets, end of year
    $6,426,397
  • Tax year 2021

    $295,134

    Grants listed
    1
    Assets, end of year
    $6,435,054
  • Tax year 2020

    $286,081

    Grants listed
    1
    Assets, end of year
    $6,449,739
  • Tax year 2019

    $293,276

    Grants listed
    1
    Assets, end of year
    $6,447,175
  • Tax year 2018

    $294,442

    Grants listed
    1
    Assets, end of year
    $6,456,152

Grants paid in 2025

17 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. McGehee Hospital FoundationMcGehee, AR

    Charity

    $124,372
  2. Boys Girls Club of Southeast ARMcGehee, AR

    Charity

    $50,000
  3. UAM FoundationMonticello, AR

    Scholarships

    $25,000
  4. McGehee Food PantryMcGehee, AR

    Charity

    $20,000
  5. McGehee Cemetery AssocMcGehee, AR

    Charity

    $20,000
  6. First Baptist Church Memorial KitchMcGehee, AR

    Kitchen Construction

    $15,000
  7. City of McGehee OwlfestFlood DisastMcGehee, AR

    Civic

    $12,911
  8. Individual

    Charity

    $8,000
  9. McGehee Men's ClubMcGehee, AR

    Charity

    $5,000
  10. Foundation for Boys Girls Club of MMcGehee, AR

    Charity

    $5,000
  11. First Presbyterian ChurchMcGehee, AR

    Charity

    $2,500
  12. Desha County LibraryMcGehee, AR

    General Operations

    $1,000
  13. Johnny Polite Memorial FoundationMcGehee, AR

    Charity

    $500
  14. Individual

    Charity

    $500
  15. Individual

    Charity

    $500
  16. Individual

    Charity

    $500
  17. Desha County ArkansasArkansas City, AR

    Roof Repairs

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $5,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Arkansas13 grants $281,783

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Gibbs FergusonTrustee Hours 5Pay $0
  • Robert LuckyTrustee Hours 0.25Pay $2,400
  • James R DanielsTrustee Hours 0.25Pay $2,400

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Bob Carver Charitable TrustMena, AR 11 grants Accepts applications $300,000 giving
  2. Rebsamen FundLittle Rock, AR 40 grants Accepts applications $282,048 giving
  3. Arkansas Community Health & Education FoundationLittle Rock, AR 13 grants Accepts applications $307,036 giving
  4. The Fox Family Charitable TrustLittle Rock, AR 8 grants Preselected only $272,500 giving
  5. Frank D Hickingbotham Foundation TrustLittle Rock, AR 26 grants Accepts applications $312,682 giving