The Wallace H Coulter Foundation is a private grantmaking foundation established in 2000 in Delaware and Florida. Based in Sebastian and Miami, Florida, the foundation is dedicated to improving human health care by supporting translational research in biomedical engineering. The foundation supports under-served, under-resourced, and under-represented communities through its grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.8M
-8.7% YoY
Annual Giving
$2.3M
-9.2% YoY
Grant Count
21
-30.0% YoY
Avg Grant Size
$112K
+29.7% YoY
Mission & Focus Areas
The foundation is dedicated to improving human health care by supporting translational research in biomedical engineering—research directed at the transfer of promising technologies within university research laboratories that are progressing towards commercial development and clinical practice.
The foundation's work is rooted in the legacy of Wallace H. Coulter, an engineer, inventor, and entrepreneur who applied engineering principles to biomedical problems, resulting in the discovery of the "Coulter Principle." Coulter founded the Coulter Corporation (now Beckman Coulter, Inc.), a medical diagnostics company that developed and marketed the first automated blood cell counters and flow cytometers.
Primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Biomedical engineering research and translational research
Grantmaking
The foundation makes grants supporting translational research and educational initiatives in biomedical engineering. Recent grants documented include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on the District of Columbia, New York, and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $50.2 million
- Total Liabilities: $1.74 million
- Total Expenses: $7.36 million
- Investment Income: $706,019
- Total Giving: $2,347,500
As of 2024:
- Total Assets: $45,817,548
- Total Giving: $2,347,500
Annual Revenue: Approximately $10.2 million
The foundation has 8 employees (as of 2023).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $45,817,548 | $50,203,221 | $61,092,560 |
| Revenue | $1,458,335 | $-696,454 | $1,792,018 |
| Expenses | $6,995,084 | $7,360,737 | $6,689,619 |
| Qualifying Distributions | $7,548,085 | $7,073,943 | $9,129,646 |
| Net Investment Income | $882,645 | $13,330 | $1,516,044 |
| Distributable Amount | $1,092,290 | $1,550,408 | $1,904,907 |
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
186 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sue Van | President, CEO | 40 | $326,692 |
| Wayne Barlin | V. Pres., General Counsel | 40 | $342,832 |
| Susan Racher | V. Pres., CFO | 40 | $340,324 |
| Susie Sands | V. Pres., Asian Programs | 40 | $251,146 |
Recent News & Activity
Recent developments and announcements
The foundation has established significant partnerships in biomedical engineering education and research:
Coulter Foundation, CWRU establish $20M endowment for biomedical engineeringA $20 million endowment was established with Case Western Reserve University for biomedical engineering projects
Coulter Foundation, CWRU establish $20M endowment for biomedical engineeringThe Case-Coulter Translational Research Partnership has awarded $1.1 million for promising university-based biomedical engineering technologies
Coulter Foundation, CWRU establish $20M endowment for biomedical engineeringContact Information
- Phone: 305-559-2991
- Website: www.whcf.org
- Address: 1515 US Highway 1 Suite 202, Sebastian, FL 32958-1612 (also listed as 790 NW 107th Avenue, Miami, FL 33172)
- EIN: 31-1546126
- Tax-Exempt Status: 501(c)(3), tax-exempt since July 1997
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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