Wallace Global Fund Ii is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wallace Global Fund Ii is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Wallace Global Fund Ii generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $22.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wallace Global Fund Ii has awarded 937 individual grants totaling $78,523,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
H Scott Wallace Co-Chair | 1 | $0 | |
Scott Fitzmorris Co-Chair | 1 | $0 | |
Christy Wallace Treasurer | 1 | $0 | |
Johanna Dominguez Director (left 12/2022) | 1 | $0 | |
Annie Leonard Director | 1 | $0 | |
Emira Woods Director | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Marcum Llp | 12/30/20 | $190,936 |
Madeo | 12/30/20 | $71,500 |
Matthew Gelfand | 12/30/20 | $53,832 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $2,286,126 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,777,848 |
Capital Gain Net Income | $1,777,848 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $675,969 |
Total Revenue | $4,739,943 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $591,482 |
Other employee salaries and wages | $905,004 |
Pension plans, employee benefits | $415,348 |
Interest | $0 |
Taxes | $56,126 |
Depreciation | $67,125 |
Occupancy | $65,700 |
Travel, conferences, and meetings | $181,564 |
Printing and publications | $0 |
Other expenses | $202,947 |
Total operating and administrative expenses | $4,096,077 |
Contributions, gifts, grants paid | $18,419,700 |
Total expenses and disbursements | $22,515,777 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $595 |
Savings and temporary cash investments | $13,001,796 |
Net Accounts receivable | $500,000 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $37,680 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $37,896,048 |
Net Land, buildings, and equipment | $639,411 |
Other assets | $85,296 |
Total assets | $87,895,301 |
Accounts payable and accrued expenses | $1,422,777 |
Grants payable | $2,298,000 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $966,624 |
Total liabilities | $4,687,401 |
Over the last fiscal year, Wallace Global Fund Ii has awarded $17,792,100 in support to 226 organizations.
Grant Recipient | Amount |
---|---|
ACTION CENTER ON RACE AND ECONOMY INSTITUTE PURPOSE: SUPPORT FOR CLIMATE MOVEMENT BUILDING WORK | $50,000 |
ADVANCEMENT PROJECT PURPOSE: SUPPORT TO PROTECT AND EXPAND DEMOCRATIC SYSTEMS | $50,000 |
AFRICA WOMEN RIGHTS ADVOCATES PURPOSE: SUPPORT FOR WORK TO END FEMALE GENITAL MUTILATION | $49,000 |
ADVOCATES FOR YOUTH PURPOSE: SUPPORT TO ADVANCE AND PROTECT REPRODUCTIVE HEALTH AND RIGHTS | $40,000 |
AFRICA WOMEN RIGHTS ADVOCATES PURPOSE: SUPPORT FOR WORK TO END FEMALE GENITAL MUTILATION | $80,000 |
AFRICAN FOOD SOVEREIGNTY ALLIANCE PURPOSE: SUPPORT FOR AGROECOLOGY WORK IN AFRICA | $25,000 |