The Jean and David W Wallace Foundation is a private foundation established in 2019, based in New Canaan, Connecticut. The foundation makes grants across education, health, and medical research sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.6M
-3.2% YoY
Annual Giving
$6.5M
-4.7% YoY
Grant Count
18
-18.2% YoY
Avg Grant Size
$359K
+16.5% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Community health
- Education for nonprofits
- Science and STEM education
- Health and medical research
- School health initiatives
- Science teacher support
Grantmaking
The foundation made eight grants in 2023, including:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Summary:
- Total assets: $37,856,633
- Total revenues: $3,710,247
- Total expenses: $6,888,094
- Total grants, contributions: $1,336,152
- Investment income and dividends: $898,448
2022 Comparison:
- Total grants, contributions: $1,738,102 (23.1% decrease from 2022)
- Investment income and dividends: $1,005,809 (10.7% decrease from 2022)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,644,759 | $37,856,633 | $41,034,480 |
| Revenue | $5,365,868 | $3,710,247 | $3,041,550 |
| Expenses | $6,577,742 | $6,888,094 | $5,321,697 |
| Qualifying Distributions | $6,473,082 | $6,788,029 | $5,199,815 |
| Net Investment Income | $3,793,410 | $2,274,030 | $1,181,566 |
| Distributable Amount | $1,938,349 | $1,910,191 | $2,135,699 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's trustees include Mary Wallace Strizek and Anne S Wallace Juge.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY WALLACE STRIZEK | CO-PRESIDENT AND SECRETARY | 1 | — |
| ANNE S WALLACE JUGE | CO-PRESIDENT AND TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded a $12 million gift to Salve Regina University to expand business learning initiatives. Yale School of Medicine received significant support for autism research initiatives through the foundation's grantmaking.
@salveregina has received a $12 million gift from the Jean and ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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