The Wallin Foundation
The Wallin Foundation is a private foundation based in Edina, Minnesota, established in 1987. The foundation operates as a 501(c)(3) organization and focuses on charitable grantmaking, with a primary emphasis on education and related philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.0M
-62.0% YoY
Grant Count
1
-85.7% YoY
Avg Grant Size
$1.0M
+166.1% YoY
Mission & Focus Areas
While the foundation has not publicly provided a formal mission statement, its grantmaking priorities center on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation's primary grantee is Wallin Education Partners, a nonprofit organization that provides financial aid, advising, and support services to low-income scholars pursuing higher education.
Grantmaking
The foundation's grantmaking is concentrated primarily in Minnesota, with a particular emphasis on supporting Wallin Education Partners' scholarship and student support programs.
Grant Range
$250–$1,043,250
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking activities are primarily concentrated in Minnesota, particularly in the Twin Cities area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $11,813,625
- Total Revenues: $300,573
- Total Expenses: $1,132,353
- Total Giving: $1,043,250
Revenue Breakdown (2024):
- Investment income and dividends: $201,992
- Net gain from sale of non-inventory assets: $81,428
- Miscellaneous revenues: $17,153
- Total grants and contributions: $0
As of Fiscal Year 2023:
- Total Assets: $10,645,278
- Total Revenue: $930,482
- Total Expenses: $2,854,763
- Total Giving: $2,774,911
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
75 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
- Maxine H Wallin – Director and President
- Bradford W Wallin – Trustee and Investment Manager
- Lance H Wallin – Director
- Brooks H Wallin – Director
Maxine Wallin, a librarian by training, co-founded Wallin Education Partners with her husband Win in 1992. She is recognized as one of Edina's foremost community philanthropists with a 75-year span of community philanthropy and volunteerism.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRADFORD W WALLIN | DIRECTOR AND INVESTMENT MA | — | — |
| LANCE H WALLIN | DIRECTOR | — | — |
| BROOKS H WALLIN | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
In 2024, Wallin Education Partners (the foundation's primary grantee) awarded scholarships to more than 300 Twin Cities high school students. The organization currently supports 1,744 active scholars, of which 89% are students of color and 78% are the first in their family to attend college. Wallin Education Partners operates across 38 Twin Cities-area high schools and provides a comprehensive support framework including financial aid, individualized advising, personalized wraparound services, and career development.
More than 300 Minnesota students receive Wallin scholarships | kare11.comRelated Funders
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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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