May 31, 2016
The Wallace Foundation Launches Redesigned Website
The Wallace Foundation traces its origins back more than a half century to the philanthropic impulses of DeWitt and Lila Acheson Wallace, founders of The Reader’s Digest Association. With assets of about $1.5 billion in 2015, The Wallace Foundation stays true to Lila and DeWitt Wallace’s passions for education, youth development and the arts. Wallace today aims to better the lives of disadvantaged children in America’s urban areas and foster the vitality of the arts for all. In particular, The Wallace Foundation focuses on school leadership, afterschool programming, summer learning, expanded learning, building audiences for the arts, and arts education for young people.