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    The Wallace Foundation

    Supporting OrganizationIRS data 2022–2024
    New York, NYEIN 136183757 Website

    Annual Giving

    $54.6M-11% YoY

    Grants

    318

    Median Grant

    $26K

    Organizations Funded

    200

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    Foundation Overview

    Mission

    Foster equity and improvements in learning and enrichment for young people, and in the arts for everyone. Help all communities build a more vibrant and just future by fostering advances in the arts, education leadership, and youth development.

    Focus Areas

    k-12 educationprincipal pipelineequity-centered leadership in educationsummer learningout-of-school-time programssocial and emotional learningteacher preparation and professional developmenteducation research and evaluation

    Grant Types

    planning grantsresearch and evaluation grantsregrantingfellowshipslearning community fundingtechnical assistancematching grantsmedia sponsorshipsgeneral operating support

    Funded Initiatives

    $2.72M to eight arts organizations of color for research in 2025. $13 million invested in Advancing Well-Being in the Arts initiative. Six-year $40 million initiative for performing arts organizations. Support for 24 states in education leadership since 2000.

    How to Apply

    Foundation identifies and invites prospective grantees through requests for proposals. Does not accept unsolicited proposals. Occasionally runs open calls posted on website. Average grant size $400,000 over 2.8 years.

    Does Not Fund

    Does not accept unsolicited grant proposals. Works only through invited proposals and occasionally through open RFPs.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-11%

    $54.6M

    Grants

    318

    Median

    $26K

    States

    32

    2023-27%

    $61.4M

    Grants

    213

    Median

    $175K

    States

    32

    2022

    $84.1M

    Grants

    260

    Median

    $100K

    States

    31

    Grant Size Distribution

    $100K

    Typical Grant (Median)

    $1K

    Smallest

    $25K

    25th Pctile

    $229K

    75th Pctile

    $3.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $25K and $229K.

    Largest Recent Grants

    $3.0M

    2024

    National Association of Latino Arts and Culture

    TX · To participate in Wallace's Advancing Well-Being in the Arts initiative.

    $3.0M

    2024

    First Peoples Fund

    SD · To participate in Wallace's Advancing Well-Being in the Arts initiative.

    $3.0M

    2024

    Alternate ROOTS Inc

    GA · To participate in Wallace's Advancing Well-Being in the Arts initiative.

    $2.3M

    2024

    Board of Regents of the University of Wisconsin System

    WI · To study the work of districts participating in Wallace's ECPI.

    $1.3M

    2024

    Board of Education of Jefferson County Kentucky

    KY · To participate in Wallace's ECPI.

    Geographic Focus

    DC
    $7.1M40 grants
    CA
    $6.3M22 grants
    TX
    $5.4M7 grants
    NY
    $4.0M43 grants
    NC
    $3.4M6 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $1.8B
    $54.6M(3.1%)
    2023
    $1.7B
    $61.4M(3.6%)
    2022
    $1.7B
    $84.1M(5.0%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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