Wallace Foundation

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Wallace Foundation

ORGANIZATION

Formed 2003 by the merger of the two foundations which trace their origins to those philanthropies founded by DeWitt and Lila Wallace -- the DeWitt Wallace-Reader's Digest Fund and the Lila Wallace-Reader's Digest Fund. It has total assets of about $1.5B, making it among the top 40 in the US.

Official Website:
http://www.wallacefoundation.org/

Founding Date:
2003

Name Occupation Birth Death Known for

W. Don Cornwell Business 1948 CEO of Granite Broadcasting

N. Gerry House Educator c. 1947 Institute for Student Achievement

Susan J. Kropf Business c. 1949 President and COO of Avon, 2001-06

Ann S. Moore Business c. 1949 CEO of Time Inc.

Walter V. Shipley Business 2-Nov-1935 CEO of Chase Manhattan, 1996-99

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