Overview
The Michael & Victoria Wallace Foundation, based in Tequesta, Florida, is a philanthropic organization with assets totaling $141,713. In the most recent fiscal year, the foundation reported expenses of $196,542 and revenue of $206,672. The foundation focuses on a variety of subject areas including education, higher education, university education, philanthropy, nonprofits, health, out-patient medical care, health care clinics, religion, Christianity, and Catholicism. It provides funding to various cities across the United States, including Abilene, Alexandria, Annapolis, Arlington, Baltimore, Centennial, Chula Vista, Crown Point, Denver, New Orleans, Pennington, South Kingstown, Staten Island, Tequesta, Triangle, Washington, West Milford, Westmont, and Woodside. The foundation operates in several states such as California, Colorado, District of Columbia, Florida, Illinois, Indiana, Kansas, Louisiana, Maryland, New Jersey, New York, Rhode Island, and Virginia. The trustees of the foundation are Michael Wallace and Victoria Wallace, both of whom serve without compensation.
Focus areas
Geographic focus
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Financials
in 2024, compared to $131,583 in 2023
6 grants awarded in 2024
Of total expenses go to programs
Grants
Purpose | Location | |||
---|---|---|---|---|
$50,000 | Naval Academy Foundation | General Support | 247 King George Stree Annapolis, MD US | 2022 |
$50,000 | WWII Foundation | General Support | 344 Main St South Kingstown, RI US | 2023 |
$50,000 | The Naval Institute Foundation | General Support | 291 Wood Road Annapolis, MD US | 2024 |
$50,000 | John Hopkins Medicine | General Support | 3910 KESWICK ROAD N4327B BALTIMORE, MD US | 2024 |
$50,000 | Naval Academy Foundation | General Support | 301 King George St Annapolis, MD US | 2024 |
$35,000 | The Naval Institute Foundation | General Support | 291 Wood Road Annapolis, MD US | 2023 |
$26,500 | Youth with a Mission | General support | 1101 Bay Blvd Ste Chula Vist, CA US | 2024 |
$10,000 | Naval Institute Foundation | General Support | 291 Wood Road Annapolis, MD US | 2022 |
$10,000 | Refugee Relief International | General Support | 2995 Woodside Road 400-244 Woodside, CA US | 2022 |
$10,000 | Annapolis Maritime Museum | General Support | 723 Second St Annapolis, MD US | 2023 |
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People
Compensation data from most recent available 990 forms
Title | |||
---|---|---|---|
MW
Michael Wallace
| Trustee | $0 | 2022 |
VW
Victoria Wallace
| Trustee | $0 | 2022 |
MW
Michael Wallace
| Trustee | $0 | 2023 |
VW
Victoria Wallace
| Trustee | $0 | 2023 |
MW
Michael Wallace
| Trustee | $0 | 2024 |
VW
Victoria Wallace
| Trustee | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025