Executive compensation
Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $24k $26k |
Co-trustee Unclassified | $5k $5k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at WALLACE FOUNDATION equaled 11% 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
$178k
Itemized grants
11
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| NJ HIGHLANDS COALITION ATTN JULIA SOMERS | BOONTON, NJ | CHARITABLE PURPOSE | $50k |
| UNITED METHODIST CHURCH OF MORRISTOWN | MORRISTOWN, NJ | CHARITABLE PURPOSE | $30k |
| GREAT SWAMP WATERSHED ASSOCIATION | NEW VERNON, NJ | CHARITABLE PURPOSE | $30k |
| THE CRAIG SCHOOL | MOUNTAIN LAKES, NJ | CHARITABLE PURPOSE | $20k |
| ASSOCIATION OF NEW JERSEY ENVIRONMENTAL COMMISSIONS | MENDHAM, NJ | CHARITABLE PURPOSE | $15k |
| CHILDRENS DYSLEXIA CENTERS OF NJ ATTN KEVIN ENGEMANN | SCOTCH PLAINS, NJ | CHARITABLE PURPOSE | $10k |
| FAIRLEIGH DICKINSON UNIVERSITY SCHOLARSHIP FUND | TEANECK, NJ | CHARITABLE PURPOSE | $10k |
| THE GOOD SHEPERD MISSION INC | PATERSON, NJ | CHARITABLE PURPOSE | $5k |
| THE NATURE CONSERVANCY | CHESTER, NJ | CHARITABLE PURPOSE | $5k |
| ST HUBERTS WELFARE CENTER | MADISON, NJ | CHARITABLE PURPOSE | $2k |
| AMERICAN RED CROSS | Fall River, MA | CHARITABLE PURPOSE | $1k |
Up 10%
from 2023
From $22k in 2023 to $24k 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.
Board Member pay rose 10% from 2023 to 2024, while revenue rose 44%.
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 ($1M - $10M), 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 WALLACE FOUNDATION
What does the Board Member of WALLACE FOUNDATION earn?
In 2024, the Board Member of WALLACE FOUNDATION received $23,677 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at WALLACE FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Member at WALLACE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at WALLACE FOUNDATION equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are WALLACE FOUNDATION's revenue and expenses?
In 2024, WALLACE FOUNDATION reported $244k in total revenue and $225k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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