Wallace Research Foundation
Wallace Research Foundation is a private foundation based in Cedar Rapids, Iowa. Its 2025 filing reports 34 grants totaling $5,132,787 to organizations working in areas including conservation, medical research, archaeology, and survivor support.
Wallace Research Foundation at a glance
In short: Wallace Research Foundation gave $5.1M across 34 grants in 2025 (avg $151K), top state Arizona. 21% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,132,787
- +15.7% vs 2024
- Grants made (2025)
- 34
- +0.0% vs 2024
- Average grant
- $150,964
- +15.7% vs 2024
- Median grant
- $105,000
- Total assets
- $84,191,915
- +11.7% vs 2024
- New grantees (estimate)
- 21% first-time grantees (6 of 28, 2025)
- Primary geography
- Arizona (23% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Wallace Research Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 201 First St Se 800, Cedar Rapids, IA 52401
Phone: (319) 298-5333
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Wallace Research Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Wildcoast ($550K across 2 grants). Together the top 10 received $3.4M.
Grant Size Distribution
177 grants across all recorded years
The most common grant size was in the $100–250K range: 74 grants of 177 (42%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars were distributed among recipients in multiple states. The largest shares went to Arizona (23%), Massachusetts (17%), California (13%), New York (12%), and Oregon (10%).
Grant Distribution by State
Share of 2025 grant dollars across all 34 itemized grants.
States
Cities
Is Wallace Research Foundation open to new grantees?
21%
first-time grantees, 2025
In 2025, 6 of 28 grantees (21%) were first-time recipients. First grants averaged $173K; repeat grants $186K. How we count
Medians: $158K first-time, $132K repeat.
- 68% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+2%). Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $4.2M (2020) to $5.1M (2025). In 2025 it made 34 grants totaling $5.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wild Salmon Center Portland, OR | Support the cold water connection campaign and salmon habitat restoration work on washington's olympic peninsula | $500,000 |
| Memorial Sloan Kettering Cancer Center New York, NY | To study inflammation and the interactions among different cell types in parkinson's disease | $400,000 |
| Wildcoast Del Mar, CA | Conservation of threatened sea turtle nesting areas of California, the mexican pacific, and the caribbean | $400,000 |
| Polybio Research Foundation Medford, MA | To support the project "understanding how epstein-barr virus (EBV) modulates the b cell responses against sars- cov-2 in long covid" | $352,354 |
| Archaeology Southwest Tucson, AZ | To help save endangered knowledge and other mission support | $300,000 |
| Shorerivers Inc Easton, MD | Support for Enviromental Education Programs | $250,000 |
| Harvard Boston, MA | To support investigating rna biogenesis in neurodevelopmental and neurodegenerative diseases | $249,000 |
| Jane Doe No More Naugatuck, CT | $200,000 to support the film project and $35,000 for program support | $235,000 |
| University of Illinois Champaign, IL | To fund biochemical and microscopic evaluation of the effects of missense variation in the col5a1 gene | $159,733 |
| Eastern Shore Land Conservancy Easton, MD | To Support the "Planning for Pressure" Initiative | $156,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $84,191,915 | $14,935,238 | $6,101,733 | $5,132,787 | 34 | $5,169,302 | $14,190,279 | $5,421,633 |
| 2024 | $75,358,410 | $10,748,288 | $5,280,643 | $4,435,901 | 34 | $4,481,555 | $10,074,877 | $5,072,163 |
| 2023 | $69,897,282 | $4,807,432 | $5,085,466 | $4,438,375 | 32 | $4,473,613 | $4,300,394 | $4,494,568 |
| 2022 | $70,145,344 | $5,532,816 | $5,701,437 | $5,022,690 | 41 | $5,075,101 | $4,956,507 | $4,430,731 |
| 2021 | $70,317,475 | $6,218,535 | $5,162,775 | $4,483,516 | 36 | $4,503,765 | $5,645,689 | $5,244,172 |
| 2020 | $69,135,474 | $4,129,666 | $4,816,140 | $4,245,425 | 42 | — | $3,662,667 | $4,348,913 |
Under IRS private-foundation payout rules, Wallace Research Foundation reported a distributable amount of $5.4M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for work including salmon habitat restoration, sea turtle conservation, research into Parkinson’s disease and long COVID, preservation archaeology, and education programs.
Among its grantees, Wild Salmon Center describes its mission as conserving wild salmon ecosystems across the Pacific Rim. Wildcoast says it conserves coastal and marine ecosystems and addresses climate change through natural solutions. Archaeology Southwest describes its work as exploring and protecting heritage places through preservation archaeology. These are grantees’ stated missions, not the foundation’s.
Grantmaking
In 2025, the foundation reported 34 grants totaling $5,132,787. Grants ranged from $20,000 to $500,000, with a median of $105,000. Notable awards included $500,000 to Wild Salmon Center for its Cold Water Connection campaign and salmon habitat restoration on Washington’s Olympic Peninsula; $400,000 to Memorial Sloan Kettering Cancer Center for Parkinson’s disease research; $400,000 to Wildcoast for sea turtle nesting-area conservation; $352,354 to PolyBio Research Foundation for a long COVID research project; and $300,000 to Archaeology Southwest for endangered knowledge and other mission support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Henry D Wallace as president, Linda Wallace-Gray as vice president, Marshall Gilchrist as director and secretary, and Alex Gilchrist as treasurer.
Wallace Research Foundation is led by Henry D. Wallace, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Henry D. Wallace
President
On filings since 2020
5 hrs/week
No compensation reported
Marshall Gilchrist
Director & Secretary
On filings since 2020
2 hrs/week
No compensation reported
Alex Gilchrist
Treasurer
Director → Treasurer & Director, 2022
Treasurer & Director → Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
Linda Wallace-Gray
Vice President
Treasurer & Vice President → Vice President, 2023
On filings since 2020
20 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Wallace Research Foundation
How much does Wallace Research Foundation give each year?
Wallace Research Foundation gave $5.1M across 34 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.4M across 34 grants.
What is Wallace Research Foundation's typical grant size?
Wallace Research Foundation's median grant in 2025 was $105,000, and its average grant was $150,964, across 34 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Wallace Research Foundation that year got $173K on average.
Where does Wallace Research Foundation give grants?
Wallace Research Foundation's top state is Arizona, with 23% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (17%) and California (13%). The most frequent recipient cities were Tucson, AZ (11 grants), Del Mar, CA (2 grants), New York, NY (2 grants) and Easton, MD (2 grants).
Does Wallace Research Foundation give general operating support?
Occasionally: 3% of Wallace Research Foundation's 2025 grants with a stated purpose (1 of 34) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Wallace Research Foundation's largest grantees?
Wallace Research Foundation's largest 2025 grantees include Wildcoast ($550,000 across 2 grants), Wild Salmon Center ($500,000) and Memorial Sloan Kettering Cancer Center ($400,000), according to its 2025 IRS Form 990-PF. Together they received 28% of its itemized 2025 grant dollars.
How large is Wallace Research Foundation?
Wallace Research Foundation reported $84.2M in total assets on its 2025 IRS Form 990-PF. It paid out $5.2M in qualifying distributions that year, against a required minimum of $5.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Wallace Research Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for work including salmon habitat restoration, sea turtle conservation, research into Parkinson’s disease and long COVID, preservation archaeology, and education programs. See mission & focus areas ↑
How do I apply for a grant from Wallace Research Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Wallace Research Foundation's EIN?
Wallace Research Foundation's EIN (Employer Identification Number) is 42-6540579. IRS Form 990 filing data is available on this page for 2020–2025.
Does Wallace Research Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 4, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Wallace Research Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Wallace Research Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Wallace Research Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/wallace-research-foundation-morg_edd07311f1de44c09909aa576323131f
BibTeX
@misc{grantable_426540579_2026,
author = {{Grantable}},
title = {{Wallace Research Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/wallace-research-foundation-morg_edd07311f1de44c09909aa576323131f},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Wallace Research Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Wallace Research Foundation down — hundreds of funders to go?