Wallace Genetic Foundation II Inc logo

Wallace Genetic Foundation II Inc

Foundation · Grantmaker Washington, DC EIN: 81-4236372 Website

Wallace Genetic Foundation II Inc is a private foundation based in Washington, DC that funds organizations working on environmental conservation, sustainable agriculture, and global climate issues. The foundation was established in 1959 by Henry A. Wallace, founder of Pioneer Hi-Bred Corn Company, and his wife Ilo. In 1996, the original Wallace Genetic Foundation split into three separate entities. The original foundation dissolved in 2017, with two-thirds of its assets transferring to Wallace Genetic Foundation II.

Key facts about Wallace Genetic Foundation II Inc

EIN
81-4236372
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,885,000
Grants made (2025)
57
Average grant
$103,246
Median grant
$50,000
New grantees (estimate)
11% first-time grantees (6 of 57, 2025)
Primary geography
District of Columbia (36% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited proposals or letters of inquiry. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Wallace Genetic Foundation II Inc funds

By grant dollars, the top recipient states for Wallace Genetic Foundation II Inc's 57 itemized 2025 grants were District of Columbia (36%), Maryland (10%) and New Mexico (8%). The most frequent recipient cities were Washington, DC (10 grants), Des Moines, IA (4 grants), Santa Fe, NM (3 grants) and New York, NY (3 grants). 51% of grants with a stated purpose were for general or operating support. Recurring purposes include "Wash in Healthcare Facilities" (4 grants).

Is Wallace Genetic Foundation II Inc open to new grantees?

11%

first-time grantees, 2025

In 2025, 6 of 57 grantees (11%) were first-time recipients. First grants averaged $69K; repeat grants $107K. How we count

Medians: $50K first-time, $50K repeat.

  • 84% of 2025 grantees were also funded in 2024. Method
  • Giving grew 31% from 2022 to 2025. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Wallace Genetic Foundation II Inc

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$5.9M

+8.5% YoY

Grant Count

57

-8.1% YoY

Avg Grant Size

$103K

+18.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is guided by Henry A. Wallace's belief that "the greatest private pleasure comes from serving the general welfare of all." The foundation funds organizations whose work promises to provide long-term national or global benefit in the following areas:

  • Conservation of natural resources
  • Sustainable agriculture
  • Biodiversity protection
  • Reduction of environmental toxins
  • Clean drinking water
  • Global climate issues
  • Environmental education

Grantmaking

Grant Range

$15,000 - $800,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation focuses on national and international environmental projects, with particular activity in the District of Columbia, Iowa, and Virginia.

Grant Distribution by State

28states

Share of all 57 itemized 2025 grant dollars.

Cities

WashingtonSanta FeDes MoinesNew YorkArlingtonDenverAlbuquerqueAtlantaBostonOaklandSan FranciscoBaltimoreBedford HillsBristolChapel HillDorchesterDurangoDurhamEastonHouston

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $99,458,180
  • Annual Giving: $5,422,000 (2024)
  • Tax-exempt Status: Since May 2017
  • EIN: 81-4236372
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M58 grants202071 grants202167 grants202266 grants202362 grants202457 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

New Venture Fund: $1.5MNew Venture Fund$1.5MCatholic Relief Services: $410KCatholic Relief Services$410KCeres Inc: $300KCeres Inc$300KWater Engineers for the Americas: $255KWater Engineers for theAmericas$255KSanta Fe Community Foundation: $205KSanta Fe Community Foundation$205KUniversity of North Carolina: $180KUniversity of North Carolina$180KMillennium Water Alliance: $160KMillennium Water Alliance$160KDesert Research Institute Board of Regents Nshe: $150KDesert Research InstituteBoard of Regents Nshe$150KEnvironmental Protection Network: $125KEnvironmental ProtectionNetwork$125KEngineers Without Borders USA Inc: $110KEngineers Without Borders USAInc$110K

Grant Size Distribution

323 grants across all recorded years

141<$50K108$50–100K57$100–250K12$250–500K4$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include New Venture Fund ($1,525,000), Catholic Relief Services ($410,000), Ceres Inc ($300,000).

RecipientPurposeAmount
NEW VENTURE FUND Washington, DCTO SUPPORT AFDA PROJECT$1,525,000
CATHOLIC RELIEF SERVICES Baltimore, MDWASH IN HEALTHCARE FACILITIES$410,000
CERES INC Boston, MAFEDERAL POLICY EDUCATION PROGRAM$300,000
WATER ENGINEERS FOR THE AMERICAS Santa Fe, NMGENERAL SUPPORT AND WASH IN HCF$255,000
SANTA FE COMMUNITY FOUNDATION Santa Fe, NMSUPPORT FUND FOR CHILDREN AND THE ENVIRONMENT$205,000
UNIVERSITY OF NORTH CAROLINA Chapel Hill, NCWATER INSTITUTE: RESEARCH/ADVOCACY AND COP FOR WASH IN HEALTHCARE FACILITIES$180,000
MILLENNIUM WATER ALLIANCE Houston, TXADVOCACY AND COMMUNICATIONS PROGRAM$160,000
DESERT RESEARCH INSTITUTE BOARD OF REGENTS NSHE Reno, NVTO SUPPORT CENTER FOR INTERNATIONAL WATER AND SUSTAINABILITY$150,000
ENVIRONMENTAL PROTECTION NETWORK Washington, DCGENERAL SUPPORT$125,000
ENGINEERS WITHOUT BORDERS USA INC Denver, COWASH IN HEALTHCARE FACILITIES$110,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • David W. Douglas - President & Treasurer (7 hours/week, unpaid)
  • Deborah Smith Douglas - Vice President & Secretary (3 hours/week, unpaid)
  • Michaela Oldfield - Executive Director (24 hours/week, $145,000 annual compensation)

David Douglas is the grandson of Henry A. Wallace.

Compensation Overview

From 2025 IRS filing

Michaela Oldfield — Executive Director: $160KMichaela OldfieldExecutive Director$160K

From 2025 IRS filing

NameTitleHoursCompensation
David W DouglasPresident & Treasurer7—
Deborah Smith DouglasVice President & Secretary3—
Michaela OldfieldExecutive Director24$160,000

Contact Information

Address: 4910 Massachusetts Avenue, NW, Suite 221, Washington, DC 20016

Phone: (202) 966-2932

Website: www.wallacegenetic.org

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Wallace Genetic Foundation II Inc fund?

The foundation is guided by Henry A. Wallace's belief that "the greatest private pleasure comes from serving the general welfare of all." The foundation funds organizations whose work promises to provide long-term national or global benefit in the following areas: • Conservation of natural resources • Sustainable agriculture • Biodiversity protection • Reduction of environmental toxins • Clean drinking water • Global climate issues • Environmental education

How do I apply for a grant from Wallace Genetic Foundation II Inc?

The foundation does not accept unsolicited proposals or letters of inquiry. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Wallace Genetic Foundation II Inc make grants?

The foundation focuses on national and international environmental projects, with particular activity in the District of Columbia, Iowa, and Virginia.

What size grants does Wallace Genetic Foundation II Inc award?

In 2025, Wallace Genetic Foundation II Inc awarded 57 grants totaling $5.9M — an average of about $103K per grant, based on its IRS Form 990 filings.

What is Wallace Genetic Foundation II Inc's EIN?

Wallace Genetic Foundation II Inc's EIN (Employer Identification Number) is 81-4236372. IRS Form 990 filing data is available on this page for 2020–2025.

Does Wallace Genetic Foundation II Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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