Executive compensation
Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.
| Position | Total |
|---|---|
CIO & Assistant Treasurer Chief Information Officer Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $1.3M $1.4M |
President & Director Board President Above 90th percentile | $1000k $1.1M |
Chro Unclassified | $366k $396k |
CFO & Treasurer (end 8/30/2024) 75th to 90th percentile | $317k $342k |
General Counsel & Corporate Secretary (start 6/10/2024) Board Secretary Above 90th percentile | $217k $234k |
CFO & Treasurer (start 9/2/2024) Median to 75th percentile | $157k $170k |
Legal/hr Assoc. & Asst Corp Secretary Board Secretary 75th to 90th percentile | $97k $105k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 10 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at The Wallace Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$54.6M
Itemized grants
318
Median grant
$26k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| National Association of Latino Arts and Culture | San Antonio, TX | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $3M |
| Alternate ROOTS Inc | Atlanta, GA | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $3M |
| First Peoples Fund | Rapid City, SD | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $3M |
| Board of Regents of the University of Wisconsin System | Madison, WI | To study the work of districts participating in Wallace's ECPI. | $2.3M |
| Board of Education of Jefferson County Kentucky | Louisville, KY | To participate in Wallace's ECPI. | $1.3M |
| Fresno Unified School District | Fresno, CA | To participate in Wallace's ECPI. | $1.3M |
| School District No 1J Multnomah County Oregon | Portland, OR | To participate in Wallace's ECPI. | $1.3M |
| Columbus City Schools | Columbus, OH | To participate in Wallace's ECPI. | $1.3M |
| DC Public Education Fund | Washington, DC | For D.C. Public Schools to participate in Wallace's ECPI. | $1.3M |
| San Antonio Independent School District | San Antonio, TX | To participate in Wallace's ECPI. | $1.3M |
| Winston Salem Forsyth County | Winston Salem, NC | To participate in Wallace's ECPI. | $1.3M |
| Fund for Educational Excellence Inc | Baltimore, MD | To support the participation of Baltimore City Public Schools in Wallace's ECPI. | $1.2M |
| Chicago Sinfonietta Inc | Chicago, IL | To participate in Wallace's Advancing Well-Being in the Arts Initiative. | $1.2M |
| Pillsbury United Communities Inc dba Pillsbury House Theatre | Minneapolis, MN | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $891k |
| Family Health International | Durham, NC | To support Wallace's District Summer Learning Network. | $850k |
| The Regents of the University of California at Irvine | Irvine, CA | To study the long-term effects of out-of-school arts education programs serving young people from marginalized communities. | $820k |
| The Aspen Institute Inc | Washington, DC | To support districts participating in Wallace's ECPI. | $800k |
| Social Science Research Council | Brooklyn, NY | To match research fellows with organizations participating in Wallace's Advancing Well-Being in the Arts initiative and to support their work. | $778k |
| Museo de Arte Contemporaneo de Puerto Rico Inc | PR, RQ | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $668k |
| Learning Policy Institute | Palo Alto, CA | To study the professional-development needs and experiences of principals. | $653k |
| Editorial Projects in Education Inc | Bethesda, MD | To support Education Week. | $650k |
| The Regents of The University of Colorado | Denver, CO | To study and coordinate the use of research among districts participating in Wallace's ECPI. | $638k |
| Afro-American Cultural Center Inc dba Harvey B Gantt Center for African- | Charlotte, NC | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $628k |
| Pregones Puerto Rican Traveling Theater Inc | Bronx, NY | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $570k |
| Arab Community Center for Economic & Social Services | Dearborn, MI | To participate in Wallace's Advancing Well-Being in the Arts initiative. | $569k |
Up 42%
from 2023
From $912k in 2023 to $1.3M in 2024.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Information Officer pay rose 55% from 2023 to 2024, while revenue rose 117%.
- Board President pay rose 10% from 2023 to 2024.
- Chief Financial Officer pay fell 27% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about The Wallace Foundation
What does the Chief Information Officer of The Wallace Foundation earn?
In 2024, the Chief Information Officer of The Wallace Foundation received $1,292,290 in total compensation. This pay is in the top 10% for Chief Information Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Information Officer pay at The Wallace Foundation compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Information Officer at The Wallace Foundation falls in the top 10%. In 2024, the highest total compensation at The Wallace Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are The Wallace Foundation's revenue and expenses?
In 2024, The Wallace Foundation reported $124.1M in total revenue and $85.9M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.
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