Overview
Arts Every young person deserves to learn about and make art.1
The Wallace Foundation's investment pool supports the organization's philanthropic mission and grantmaking capacity.1
Investment program
- Estimated AUM
- $1.8B as of Dec 31, 20232
- Capital pool
- private foundation endowment/investment portfolio1
- Investment model
- The Wallace Foundation uses an internal CIO-led investment model in which the CIO oversees endowment strategy and portfolio construction and leads manager-selection work, with Board Investment Committee involvement.3
- Investment approach
- Arts Education Creative Expression, Caring Relationships, and Career Pathways A Guide to Youth Outcomes in Community Arts Programs New report identifies long-term benefits of youth participation in community arts programs, from well-being to future trajectories.4
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: infrastructure, fixed income.5
- Performance
- Not listed yet
- Governance
- Board of Directors Meet the Board Get Updates ✗ Get the Latest Updates Sign up to receive our monthly email newsletter and news from Wallace.1
- Investment team
- Sophia Tsai became Chief Investment Officer effective March 2, 2026, overseeing the $1.8 billion endowment, leading the investment team, and working with the Board Investment Committee.3
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Needs review
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (wallacefoundation.org)Parent organization overview, Pool purpose, Capital pool, Governance · checked Jul 25, 2026
- Form 990 (projects.propublica.org)Estimated AUM · checked Sep 1, 2026
- Website (wallacefoundation.org)Investment model, Investment team · checked Aug 6, 2026
- Job posting (wallacefoundation.org)Investment approach · checked Jul 25, 2026
- Job posting (instrumentl.com)Asset allocation · checked Jul 25, 2026
- Website (wallacefoundation.org)Investment office page · checked Jul 25, 2026
Reports and filings
- 1706055092 USD total assets per IRS Form 990-PF/EZ for tax period 2023Form 990 · checked Sep 1, 2026
- Existing profile AUM value with source URL https://wallacefoundation.org/sites/default/files/2025-12/wallace-990pf-2024.pdf.Form 990 · checked Jul 25, 2026
Profile and job sources
- Job posting (instrumentl.com)Job posting · checked Jul 25, 2026
- Job posting (wallacefoundation.org)Job posting · checked Jul 25, 2026
- Website (wallacefoundation.org)Website · checked Jul 25, 2026
- Website (wallacefoundation.org)Website · checked Jul 25, 2026
- Website (wallacefoundation.org)Website · checked Aug 6, 2026
- Website (wallacefoundation.org)Website · checked Jul 25, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026