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Filing year 2024

WALLACE GENETIC FOUNDATION II INC

Washington, District of Columbia·EIN 81-4236372·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.9M
Total assets
$99.5M
Total expenses
$6M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in District of Columbia.

Executive Director
25th percentile to median
$145k
$154k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WALLACE GENETIC FOUNDATION II INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

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

$5.4M

Itemized grants

62

Median grant

$50k

RecipientLocationPurposeAmount
NEW VENTURE FUNDWASHINGTON, DCAFDA PROJECT$800k
CATHOLIC RELIEF SERVICESBALTIMORE, MDWASH IN HEALTHCARE FACILITIES$410k
SANTA FE COMMUNITY FOUNDATIONSANTA FE, NMFUND TO PROTECT NM AIR, WATER AND FEDERAL PUBLIC LANDS; FUND FOR CHILDREN AND THE ENVIRONMENT$410k
WALLACE CENTERS OF IOWADES MOINES, IAGENERAL SUPPORT$277k
CERES INCBOSTON, MAFEDERAL POLICY EDUCATION PROGRAM$250k
WATER ENGINEERS FOR THE AMERICASSANTA FE, NMWASH IN HCF AND GENERAL SUPPORT$205k
GLOBAL ENVIRONMENT & TECHNOLOGY FOUNDATIONARLINGTON, VADAVID ROCK GLOBAL WATER FUND$200k
DESERT RESEARCH INSTITUTERENO, NVCIWAS-CIRCUIT RIDERS, WASH IN HEALTHCARE FACILITIES, UWASH$120k
UNIVERSITY OF NORTH CAROLINACHAPEL HILL, NCWATER INSTITUTE RESEARCH, ADVOCACY AND COP FOR WASH IN HEALTHCARE FACILITIES$110k
H20 FOR LIFEWHITE BEAR LAKE, MNGENERAL SUPPORT$105k
COLLEGE OF WOOSTERWOOSTER, OHEX UNO FONTE FUND$100k
CORTEVA AGRISCIENCE FOUNDATIONJOHNSTON, IAAGRICULTURAL GENETIC TRAINING$100k
END FUNDNEW YORK, NYGENERAL SUPPORT$100k
ENGINEERS WITHOUT BORDERSDENVER, COWASH IN HEALTHCARE FACILITIES$100k
NATIONAL PARKS CONSERVATION ASSOCIATIONWASHINGTON, DCPROTECTING AMERICA'S NATIONAL PARKS$100k
PROTESTANT EPISCOPAL CATHEDRAL FOUNDATIONWASHINGTON, DCEARTHQUAKE DAMAGE REPAIRS$100k
WATERAID AMERICANEW YORK, NYADVOCACY AND COMMUNICATIONS$90k
MISSOURI BOTANICAL GARDENST LOUIS, MOWILLIAM L BROWN CENTER$85k
ENVIRONMENTAL PROTECTION NETWORKWASHINGTON, DCGENERAL SUPPORT$80k
CONSERVATION LANDS FOUNDATIONDURANGO, COGENERAL SUPPORT$75k
EARTHJUSTICESAN FRANCISCO, CAGENERAL SUPPORT$75k
MILLENNIUM WATER ALLIANCEHOUSTON, TXADVOCACY AND COMMUNICATIONS PROGRAM$75k
NATIONAL CATHOLIC COMMUNITY FOUNDATIONCROWNSVILLE, MDWASH IN CATHOLIC HEALTHCARE FACILITIES IN DEVELOPING COUNTRIES$75k
GLOBAL HEALTH COUNCILALEXANDRIA, VAADVOCACY, GLOBAL HEALTH AND WASH IN HCF$60k
BREAD FOR THE WORLD INSTITUTEWASHINGTON, DCINTERFAITH WORKING GROUP ON FOREIGN ASSISTANCE$50k
Compare this foundation's grantees

Up 12%
from 2023

From $130k in 2023 to $145k in 2024.

$130k
2023
$145k
2024
In today's dollarsEst.
Up 8% in real terms$143k to $154k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 624%.

$130k in 2023 to $145k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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.

FAQ

Common questions about WALLACE GENETIC FOUNDATION II INC

What does the Chief Executive Officer of WALLACE GENETIC FOUNDATION II INC earn?

In 2024, the Chief Executive Officer of WALLACE GENETIC FOUNDATION II INC received $145,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in District of Columbia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WALLACE GENETIC FOUNDATION II INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at WALLACE GENETIC FOUNDATION II INC falls between the 25th percentile and the median. In 2024, the highest total compensation at WALLACE GENETIC FOUNDATION II INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WALLACE GENETIC FOUNDATION II INC's revenue and expenses?

In 2024, WALLACE GENETIC FOUNDATION II INC reported $3.9M in total revenue and $6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.