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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Wallace Family Foundation Inc.

The Wallace Family Foundation Inc.

Fiscal year ending 2024. Filed on October 2, 2025.

525 N Main St
Ste 460
Salisbury, North Carolina 28144

The Wallace Family Foundation Inc. (EIN: 20-8798457) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, The Wallace Family Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $0. The Wallace Family Foundation Inc. changed its name from The Mona Lisa and Lee Wallace Found in 2021.

Revenue, expenses, and employee compensation

Revenue

$388,708

Expenses

$370,403

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mona Lisa Wallace
President
$0
Lee Wallace
Treasurer and Secretary
$0

Benchmark Employee Compensation

Revisions to this organization profile

October 2, 2025:
2024 The Wallace Family Foundation Inc. 990 filed
November 15, 2024:
2023 The Wallace Family Foundation Inc. 990 filed
November 15, 2023:
2022 The Wallace Family Foundation Inc. 990 filed

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Other organizations also named The Wallace Family Foundation

Wallace Family Foundation
Greenville, South Carolina
Wallace Family Foundation
Parsippany, New Jersey
The Michael & Victoria Wallace Family Foundation
Tequesta, Florida
The Clarence Wallace & Dolores Lynch Wallace Family Foundation
Appleton, Wisconsin
The Wallace Family Foundation CO Richard C Wallace
Key Largo, Florida
The AL and Sharyne Wallace Family Foundation
Pelham, Alabama