Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Wallace Genetic Foundation II Inc is a philanthropic organization based in Washington, DC, with a focus on supporting initiatives related to philanthropy and foundations. With assets totaling approximately $86 million, the foundation reported expenses of about $5 million and revenue of $542,323. The foundation funds projects across a wide range of cities and states in the United States, including major cities like New York, San Francisco, and Seattle, as well as smaller towns. The leadership team includes David Douglas as President and Treasurer, Deborah Smith Douglas as Vice President and Secretary, and Michaela Oldfield as Executive Director, who receives a compensation of $130,000. The foundation's website is www.wallacegenetic.org.
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Financials
+2.6% from previous year
66 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $950,000 | NEW VENTURE FUND | TO SUPPORTADA PROJECT | Washington, DC, US | 2022 |
| $680,000 | NEW VENTURE FUND | TO SUPPORTAFDA PROJECT | Washington, DC, US | 2023 |
| $670,000 | NEW VENTURE FUND | TO SUPPORTAFDA PROJECT | Washington, DC, US | 2024 |
| $307,000 | CATHOLIC RELIEF SERVICES | WASH IN CATHOLICHEALTHCAREFACILITIES | Baltimore, MD, US | 2023 |
| $305,000 | CATHOLIC RELIEF SERVICES | WASH IN CATHOLICHEALTHCAREFACILITIES | Baltimore, MD, US | 2022 |
| $305,000 | CATHOLIC RELIEF SERVICES | WASH IN CATHOLICHEALTHCAREFACILITIES | Baltimore, MD, US | 2024 |
| $290,000 | SANTA FE COMMUNITY FOUNDATION | SUPPORT FUND TO PROTECTNM AIR, WATER AND FEDERAL PUBLICLANDS; AND FUND FOR CHILDREN AND THE ENVIRONM... | Santa fe, NM, US | 2023 |
| $255,000 | SANTA FE COMMUNITY FOUNDATION | SUPPORT FUND FOR CHILDRENAND TO PROTECT NM AIR,WATER, AND FEDERAL PUBLIC LANDS | Santa fe, NM, US | 2024 |
| $205,000 | WATER ENGINEERS FOR THE AMERICAS | GENERAL SUPPORT FORWASH IN HEALTHCAREFACILITIES | Santa fe, NM, US | 2022 |
| $200,000 | CERES INC | FEDERAL POLICYEDUCATIONPROGRAM | Boston, MA, US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
MO
MICHAELA OLDFIELD
| EXECUTIVE DIRECTOR | $130,000 | 2024 |
DD
DAVID DOUGLAS
| PRESIDENT & TREASURER | $0 | 2024 |
DS
DEBORAH SMITH DOUGLAS
| VICE PRESIDENT & SECRETARY | $0 | 2024 |
DAVID DOUGLAS
PRESIDENT & TREASURER
DEBORAH SMITH DOUGLAS
VICE PRESIDENT & SECRETARY
MICHAELA OLDFIELD
EXECUTIVE DIRECTOR
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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