Wallace H Coulter Foundation

SEBASTIAN, FL EIN: 31-1546126

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

Under IRS private-foundation payout rules, Wallace H Coulter Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

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

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

30states
+22 more states

Cities

AkronAlbuquerqueAlexandriaAnchorageArmonkAtlantaAuroraAustinBillingsBismarckBoca RatonBostonBoulderCambridgeCantonCharlotteChicagoCoral GablesDaly CityFlushing

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).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$13M$19M$25M20202021202220232024
Metric202420232022
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

$0$6M$12M$19M$25M96 grants202094 grants202135 grants202230 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

National Urban Indian Fa…$750KIAPALA$250KAsian Pacific Institute …$200KNew American Leaders$200KAFN Education Fund$150KSouth Asian Americans Le…$150KFirst Alaskans Institute$100KNew Venture Fund$100KNAMI - Miami Dade$98KAlaska Public Interest R…$50K

Grant Size Distribution

186 grants across all recorded years

54<$50K26$50–100K53$100–250K38$250–500K15$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include National Urban Indian Family Coalition ($750,000), Iapala ($250,000), Asian Pacific Institute for Congressional Studies ($200,000).

RecipientPurposeAmount
AFN Education Fund Anchorage, AKGeneral Support$150,000
Alaska Public Interest Research Group Anchorage, AKGeneral Support$50,000
Anti Defamation League Boca Raton, FLGeneral Support$15,000
Asian Pacific Institute for Congressional Studies Washington, DCGeneral Support$200,000
Byram Hills Education Foundation Armonk, NYGeneral Support$5,000
Community Partners Los Angeles, CAGeneral Support$50,000
First Alaskans Institute Anchorage, AKGeneral Support$100,000
IAPALA Washington, DCGeneral Support$250,000
Lupus Foundation of America Washington, DCGeneral Support$25,000
Mindful Philanthropy Philadelphia, PAGeneral Support$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Wayne BarlinV. Pres., General Counsel$343KSusan RacherV. Pres., CFO$340KSue VanPresident, CEO$327KSusie SandsV. Pres., Asian Programs$251K

From 2024 filing

NameTitleHoursCompensation
Sue VanPresident, CEO40$326,692
Wayne BarlinV. Pres., General Counsel40$342,832
Susan RacherV. Pres., CFO40$340,324
Susie SandsV. Pres., Asian Programs40$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 engineering

A $20 million endowment was established with Case Western Reserve University for biomedical engineering projects

Coulter Foundation, CWRU establish $20M endowment for biomedical engineering

The 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 engineering

Contact 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

Frequently Asked Questions

What does Wallace H Coulter Foundation fund?

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 …

How do I apply for a grant from Wallace H Coulter Foundation?

The foundation makes grants supporting translational research and educational initiatives in biomedical engineering. Recent grants documented include: • Asian Americans Advancing Justice - Asian Law Caucus: $250,000 (2023) • Council for Native Hawaiian Advancement: $250,000 (2023) • Asian Americans Advancing Justice-Chicago: $200,000 (2023) Total giving in 2023 was $2,347,500 across 22 grants. Typical award ranges are $1,000–$750,000. The foundation operates several grant programs including: • …

Where does Wallace H Coulter Foundation make grants?

The foundation's grantmaking focuses primarily on the District of Columbia, New York, and Florida.

What size grants does Wallace H Coulter Foundation award?

In 2024, Wallace H Coulter Foundation awarded 21 grants totaling $2.3M — an average of about $112K per grant, based on its IRS Form 990 filings.

How much is Wallace H Coulter Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wallace H Coulter Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wallace H Coulter Foundation's EIN?

Wallace H Coulter Foundation's EIN (Employer Identification Number) is 31-1546126. IRS Form 990 filing data is available on this page for 2020–2024.

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

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