The Wallace Foundation
The Wallace Foundation is a national philanthropy that works with grantees, researchers, and collaborators to promote equity and foster improvements in the arts, school leadership, and youth development. Its latest IRS Form 990-PF filing (2023) reports $57.3M in revenue, $1.7B in total assets, $60.9M in grants paid.
Financial data from IRS Form 990 filings via ProPublica Nonprofit Explorer (EIN 136183757).
About The Wallace Foundation
The Wallace Foundation is a national philanthropy that works with grantees, researchers, and collaborators to promote equity and foster improvements in the arts, school leadership, and youth development. Its focus areas include afterschool programs, the arts, arts education, school leadership, social and emotional learning, and summer learning, and it provides a free library of research-based reports, tools, and resources.
IRS Form 990 Filing History
| Year | Form | Revenue | Expenses | Assets | Grants paid | |
|---|---|---|---|---|---|---|
| 2023 | 990-PF | $57.3M | $89.6M | $1.7B | $60.9M | View |
| 2022 | 990-PF | $132.6M | $112.7M | $1.7B | $80.8M | View |
| 2021 | 990-PF | $138.8M | $67.1M | $2.0B | $40.6M | View |
| 2020 | 990-PF | $114.5M | $73.6M | $1.8B | $47.2M | View |
| 2019 | 990-PF | $77.5M | $73.1M | $1.6B | $44.5M | View |
| 2015 | 990-PF | $83.6M | $84.6M | $1.5B | $60.8M | View |
| 2014 | 990-PF | $72.3M | $76.7M | $1.5B | $50.8M | View |
| 2013 | 990-PF | $131.3M | $81.1M | $1.5B | $54.9M | View |
Source: IRS Form 990 series via ProPublica Nonprofit Explorer. Amounts as filed.
Past Grantees
top 25 of 318 recipients — $54.6M total paid| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| National Association of Latino Arts and Culture | San Antonio, TX | $3.0M | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Alternate ROOTS Inc | Atlanta, GA | $3.0M | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| First Peoples Fund | Rapid City, SD | $3.0M | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Board of Regents of the University of Wisconsin System | Madison, WI | $2.3M | To study the work of districts participating in Wallace's ECPI. |
| Board of Education of Jefferson County Kentucky | Louisville, KY | $1.3M | To participate in Wallace's ECPI. |
| Fresno Unified School District | Fresno, CA | $1.3M | To participate in Wallace's ECPI. |
| School District No 1J Multnomah County Oregon | Portland, OR | $1.3M | To participate in Wallace's ECPI. |
| Columbus City Schools | Columbus, OH | $1.3M | To participate in Wallace's ECPI. |
| DC Public Education Fund | Washington, DC | $1.3M | For D.C. Public Schools to participate in Wallace's ECPI. |
| San Antonio Independent School District | San Antonio, TX | $1.3M | To participate in Wallace's ECPI. |
| Winston Salem Forsyth County | Winston Salem, NC | $1.3M | To participate in Wallace's ECPI. |
| Fund for Educational Excellence Inc | Baltimore, MD | $1.2M | To support the participation of Baltimore City Public Schools in Wallace's ECPI. |
| Chicago Sinfonietta Inc | Chicago, IL | $1.2M | To participate in Wallace's Advancing Well-Being in the Arts Initiative. |
| Pillsbury United Communities Inc dba Pillsbury House Theatre | Minneapolis, MN | $891K | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Family Health International | Durham, NC | $850K | To support Wallace's District Summer Learning Network. |
| The Regents of the University of California at Irvine | Irvine, CA | $820K | To study the long-term effects of out-of-school arts education programs serving young people from marginalized communities. |
| The Aspen Institute Inc | Washington, DC | $800K | To support districts participating in Wallace's ECPI. |
| Social Science Research Council | Brooklyn, NY | $778K | To match research fellows with organizations participating in Wallace's Advancing Well-Being in the Arts initiative and to support their wor |
| Museo de Arte Contemporaneo de Puerto Rico Inc | San Juan | $668K | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Learning Policy Institute | Palo Alto, CA | $653K | To study the professional-development needs and experiences of principals. |
| Editorial Projects in Education Inc | Bethesda, MD | $650K | To support Education Week. |
| The Regents of The University of Colorado | Denver, CO | $638K | To study and coordinate the use of research among districts participating in Wallace's ECPI. |
| Afro-American Cultural Center Inc dba Harvey B Gantt Center for African- | Charlotte, NC | $628K | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Pregones Puerto Rican Traveling Theater Inc | Bronx, NY | $570K | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
| Arab Community Center for Economic & Social Services | Dearborn, MI | $569K | To participate in Wallace's Advancing Well-Being in the Arts initiative. |
From the 2024 IRS Form 990-PF (Part XV) e-filing. Amounts as filed.