Dwane & Velma Wallace Foundation Grant
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
Dwane & Velma Wallace Foundation Grant
Status: ACTIVE
Funder: Dwane L And Velma Lunt Wallace
Last Updated: January 12, 2026
Summary
The Dwane & Velma Wallace Foundation Grant supports charitable organizations in Wichita, Kansas, focusing on areas such as arts, education, community development, social services, and quality of life. Grants are available to entities that enhance community welfare, but requests for fundraising events, operating deficits, and individual scholarships are not eligible. The foundation aims to empower local organizations to create a positive impact, reflecting the legacy of Dwane and Velma Wallace.Overview
NOTE: Grant requests submitted prior to March 15 of each year will be considered at the Trustees’ meeting held in May. Grant requests submitted on or after March 15 but prior to September 15 of each year will be considered at the Trustees’ meeting held in November. DWANE & VELMA A BEAUTIFUL LEGACY Giving back was always the goal that Dwane and Velma Wallace had in mind. It took the former Cessna president a total of one hour and forty-five minutes of training before he made his first-ever solo flight in a powered aircraft. It took even less time for Dwane and his wife, Velma, to know that they wanted to establish a foundation to give back to the Wichita Community that they so loved. Organizations within Kansas that believe in the beneficial opportunity that they provide for their community are welcome to apply for a grant. The Dwane L. and Velma Lunt Wallace Foundation’s mission is to support a wide variety of tax-exempt, charitable organizations primarily in the Wichita, Kansas area, and secondarily in the State of Kansas. What Are The Primary Funding Areas Of The Wallace Foundation? Arts and Culture Education Community Development and Enhancement Social Services and Needs Quality of LifeEligibility
You can learn more about this opportunity by visiting the funder's website.Ineligibility
The Wallace Foundation trustees at this time prefer not to fund: Request for support of fund-raising events. Requests to cover operating deficits. Activities to propagate a religious faith or restricted to one religion or denomination or memorials. Conferences and group travel. Activities that are normally the responsibility of government (the Foundation will, in selective cases, join with units of government in support of special projects). Grants are not awarded to individuals.Individual scholarships or training.Grant requests for salaries or directly fund staff positions.What Dwane L and Velma Lunt Wallace actually gave
Source: IRS Form 990-PF, 2024
- Grants in 2024
- 59
- Total given
- $3.83M
- Median grant
- $35K
- Range
- $5,000–$500K
- By dollars: Kansas >99%, Nevada <1%. Top recipient cities: Wichita, KS; Newton, KS; Lawrence, KS.
- 0% of grants with a stated purpose were for general or operating support.
- 29% of recipients were new grantees, not repeat recipients.
Example grants
Ku Endowment Assn · Lawrence, KS
Education programs, per grant agreement
$500K
Wichita Public Library Foundation · Wichita, KS
Pledged amount for 2024, per grant agreement
$300K
Orpheum Performing Arts Center Ltd · Wichita, KS
Pledged amount for 2024, per grant agreement
$250K
Fundamental Learning Center Inc · Wichita, KS
Commitment for 2024, per grant agreement
$214K
Empower Evergreen Inc · Wichita, KS
Pledged amount for 2024, per grant agreement
$125K
Focus Areas & Funding Uses
Fields of Work
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