Bruce and Marilyn Wallace Foundation
Bruce and Marilyn Wallace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 1 grants totaling $363K. Net investment income was $219K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-0.1% YoY
Annual Giving
$363K
+98.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$363K
+98.3% YoY
Under IRS private-foundation payout rules, Bruce and Marilyn Wallace Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Bruce and Marilyn Wallace Foundation
Based on IRS filings
Bruce and Marilyn Wallace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 1 grants totaling $363K. Net investment income was $219K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,373,443 | $5,380,349 | $4,379,742 |
| Revenue | $366,123 | $1,203,013 | $370,105 |
| Expenses | $419,997 | $202,406 | $281,911 |
| Qualifying Distributions | $365,991 | $183,291 | $277,000 |
| Net Investment Income | $219,156 | $931,923 | $118,105 |
| Distributable Amount | $35,752 | $232,800 | $258,487 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dechomai ($363,491).
| Recipient | Purpose | Amount |
|---|---|---|
| DECHOMAI SANTA BARBARA, CA | TO FURTHER CHARITABLE GIVING GOALS ESTABLISHED BY THE BOARD OF DIRECTORS | $363,491 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH WALLACE | DIRECTOR, CEO | — | — |
| BENJAMIN WALLACE | DIRECTOR, CFO | — | — |
| ALISSA WALLACE | VICE PRESIDENT | — | — |
| CAROLYN C JENNINGS | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bruce and Marilyn Wallace Foundation?
Bruce and Marilyn Wallace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. It holds $5.4M in total assets as of 2024.
How large is Bruce and Marilyn Wallace Foundation?
As of 2024, Bruce and Marilyn Wallace Foundation holds $5.4M in total assets with $366K in annual revenue. It awarded 1 grants totaling $363K in 2024.
Where does Bruce and Marilyn Wallace Foundation operate?
Bruce and Marilyn Wallace Foundation has awarded grants in California, District of Columbia, Georgia, Maryland.
What size grants does Bruce and Marilyn Wallace Foundation award?
In 2024, Bruce and Marilyn Wallace Foundation awarded 1 grants totaling $363K — an average of about $363K per grant, based on its IRS Form 990 filings.
How much is Bruce and Marilyn Wallace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bruce and Marilyn Wallace Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bruce and Marilyn Wallace Foundation's EIN?
Bruce and Marilyn Wallace Foundation's EIN (Employer Identification Number) is 77-0556704. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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