EIN 13-6183757

The Wallace Foundation

IRS 501(c) type
501(c)(3)
Num. employees
50
Year formed
1965
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Wallace Foundation is a national philanthropy that seeks to foster improvements in learning and enrichment for disadvantaged children and the vitality of the arts for everyone.
Total revenues
$132,616,879
2022
Total expenses
$112,719,157
2022
Total assets
$1,669,140,184
2022
Num. employees
50
2022

Program areas at The Wallace Foundation

Dissemination: through conference presentations, webinars, print advertising and media outreach, share Wallace research findings with non-grantee audiences, who can use The findings to improve their own work.
Technical assistance: provide coordination and facilitation of learning communities and technical assistance to grantees participating in our youth arts, education leadership, and out of school time initiatives.
Policy: public policy engagement activities include, within The constraints of The law, sharing evidence of what works and encouraging states to seek essa funding for evidence-based leadership work.

Grants made by The Wallace Foundation

GranteeGrant descriptionAmount
Communities Foundation of TexasTo Establish A Donor-Advised Fund To Assist Texas in New Efforts To Improve Summer Learning Through the Addition of Days To the School Year.$5,604,830
Communities Foundation of TexasTo Establish A Donor-Advised Fund To Assist Texas in New Efforts To Improve Summer Learning Through the Addition of Days To the School Year. Amends Grant #20200084 - in Order Add Funds Approved By Board in A Subsequent Year.$3,000,000
Fund for Educational ExcellenceFor Baltimore City Public Schools To Participate in the Equity-Centered Pipeline Initiative.$2,120,000
...and 192 more grants made totalling $60,395,163

Personnel at The Wallace Foundation

NameTitleCompensation
Stacy J. MartinChief Financial Officer and Treasurer$412,378
Thomas LenehanChief Investment Officer$1,321,500
Talia ShaullChief Human Resources Officer$152,564
Robin V. HarrisVice President, Communications
Rotunda Floyd-CooperVice President, Education
...and 15 more key personnel

Financials for The Wallace Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$6,832,374
Net rental income$0
Net gain from sale of non-inventory assets$125,762,085
Gross sales of inventory$0
Miscellaneous revenues$22,420
Total revenues$132,616,879

Form 990s for The Wallace Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-29990PFView PDF
2019-122022-01-07990PFView PDF
2018-122020-01-28990PFView PDF
...and 8 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
January 17, 2024
Updated personnel
Identified 10 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
July 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
140 Broadway 49 Floor
New York, NY 10005
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
wallacefoundation.org/ 
Phone
(212) 251-9700
Facebook page
WallaceFdn 
Twitter profile
@wallacefdn 
IRS details
EIN
13-6183757
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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