Wallis Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1959. It holds total assets of $387K. Annual income is reported at $535K. According to available records, Wallis Foundation has made 15 grants totaling $930K, with a median grant of $70K. Annual giving has grown from $120K in 2020 to $420K in 2023. Individual grants have ranged from $40K to $70K, with an average award of $62K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in California and Florida. Contributions to this foundation are tax-deductible.
Wallis Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, FL.
Wallis Foundation has distributed a total of $930K across 15 grants. The median grant size is $70K, with an average of $62K. Individual grants have ranged from $40K to $70K.
Wallis Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wallis Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Sack | CFO/DIRECTOR | $0 | $0 | $0 |
| Beth Wallis | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Jeffrey Glassman | SEC'Y/DIRECTOR | $0 | $0 | $0 |
Total Giving
$304K
Total Assets
$721K
Fair Market Value
$2M
Net Worth
$721K
Grants Paid
$210K
Contributions
$0
Net Investment Income
$219K
Distribution Amount
$92K
Total Grants
15
Total Giving
$930K
Average Grant
$62K
Median Grant
$70K
Unique Recipients
4
Most Common Grant
$70K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| California Community FoundationGLASSMAN FAMILY FUND | Los Angeles, CA | $70K | 2023 |
| Schwab Charitable FundCECIL'S FUND | Orlando, FL | $70K | 2023 |
| The San Francisco FoundationSACK FAMILY FUND | San Francisco, CA | $70K | 2023 |
| Community Foundation Of Santa Cruz CountyCECIL'S FUND | Los Angeles, CA | $70K | 2022 |
Other foundations that have funded Wallis Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Ed & Mary Lewis Foundation | $1K | 2022 | SUPPORT ARTS, EDUCATION, THE ENVIRONMENT, HEALTHCARE, AND HUMAN SERVICES |
| Galen Family Foundation | $5K | 2020 | GENERAL OPERATIONS |
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