Wallis Foundation
Wallis Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $387K in total assets. In 2025, it awarded 3 grants totaling $330K. Net investment income was $321K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$387K
-18.0% YoY
Annual Giving
$330K
+10.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$110K
+10.0% YoY
Under IRS private-foundation payout rules, Wallis Foundation reported a distributable amount of $81K for 2025 — the minimum it must pay out in qualifying distributions.
About Wallis Foundation
Based on IRS filings
Wallis Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $387K in total assets. In 2025, it awarded 3 grants totaling $330K. Net investment income was $321K.
Ready to take the next step with Wallis Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $387,310 | $472,073 | $721,498 |
| Revenue | $340,857 | $149,945 | $240,112 |
| Expenses | $425,620 | $399,370 | $304,378 |
| Qualifying Distributions | $345,508 | $316,768 | $223,553 |
| Net Investment Income | $320,746 | $127,343 | $219,286 |
| Distributable Amount | $80,824 | $84,795 | $91,667 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include California Community Foundation ($110,000), Schwab Charitable Fund ($110,000), The San Francisco Foundation ($110,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALIFORNIA COMMUNITY FOUNDATION LOS ANGELES, CA | GLASSMAN FAMILY FUND | $110,000 |
| SCHWAB CHARITABLE FUND ORLANDO, FL | CECIL'S FUND | $110,000 |
| THE SAN FRANCISCO FOUNDATION SAN FRANCISCO, CA | SACK FAMILY FUND | $110,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL SACK | CFO/DIRECTOR | 5 | — |
| JEFFREY GLASSMAN | SEC'Y/DIRECTOR | 5 | — |
| BETH WALLIS | PRESIDENT/DIRECTOR | 5 | — |
Frequently Asked Questions
How large is Wallis Foundation?
As of 2025, Wallis Foundation holds $387K in total assets with $341K in annual revenue. It awarded 3 grants totaling $330K in 2025.
Where does Wallis Foundation operate?
Wallis Foundation has awarded grants in California, Florida.
What size grants does Wallis Foundation award?
In 2025, Wallis Foundation awarded 3 grants totaling $330K — an average of about $110K per grant, based on its IRS Form 990 filings.
How much is Wallis Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Wallis Foundation reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wallis Foundation's EIN?
Wallis Foundation's EIN (Employer Identification Number) is 95-6027469. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Wallis Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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