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Line 1: {{Short description\|Philanthropy organization based in New York, U.S.}} {{Infobox organization \| name = The Wallace Foundation Line 14 ⟶ 15: \| formation = {{start date\|2003}} \| founder = \| extinction = <!-- e.g. use {{end date and age\|YYYY\|MM\|DD}} --> \| merger = \| type = \| tax_id = <!-- or \| vat_id = (for non-profit org) --> \| registration_id = <!-- for non-profit org --> \| status = \| purpose = charitable works and philanthropy \| headquarters = [[New York City]] \| location = 5[[140 ~~Penn Plaza~~Broadway]]<br>[[Manhattan]], [[New York City]] \| coords = <!-- {{coord\|LAT\|LON\|display=inline,title}} --> \| region = \| services = \| leader_title = President \| leader_name = Will Miller (as of ~~July~~May ~~2011~~2024) \| leader_title2 = \| leader_name2 = Line 61 ⟶ 62: }} The '''Wallace Foundation''' is a national philanthropy based in [[New York City]] that seeks to foster improvements in learning and enrichment for disadvantaged children and the vitality of the arts for everyone.<ref>[http://www.wallacefoundation.org/learn-about-wallace/mission-and-vision/Pages/default.aspx "Mission"] on the Wallace Foundation website</ref> The foundation aims to develop knowledge about how to solve ~~important~~ social problems, and promote widespread solutions based on that knowledge, by funding projects to test ~~innovative~~ ideas, commissioning independent research to find out what works ~~and what doesn’t~~, and ~~then~~ communicating the results to help practitioners, policymakers and leading thinkers.<ref>DeVita, M, Christine. [https://www.rand.org/pubs/periodicals/rand-review/issues/winter2010/perspectives2.html "Power of Ideas: How Foundations Can Generate Knowledge to Spark Change"] [[Rand Corporation]] website (Winter 2010-2011)</ref> == History == The Wallace Foundation began with the philanthropy of [[DeWitt Wallace\|DeWitt]] and [[Lila Bell Wallace\|Lila Acheson Wallace]], who together founded the [[~~Reader's Digest Association\|The~~ Reader's Digest Association]].<ref>West, Melanie Grayce. [https://online.wsj.com/news/articles/SB10001424127887323949404578312341097271424 "Financial Know-How for Nonprofits Online"] ''[[Wall Street Journal]]'' (February 18, 2013)</ref> Drawing on the money they earned from the magazine, which they launched in 1922, the Wallaces contributed to a wide assortment of artistic, cultural and youth-serving causes. They died in the 1980s (Dewitt Wallace in 1981, Lila Wallace in 1984), leaving much of their fortune to four private foundations they had created in their lifetimes., later merged into two:<ref>[{{cite web\|url=http://www.wallacefoundation.org/learn-about-wallace/history/Pages/default.aspx "\|title=The Wallace Foundation: A Brief History~~"] on the~~ \|publisher=Wallace Foundation\|archive-url=https://web.archive.org/web/20160311005620/https://wallacefoundation.org/learn-about-wallace/history/Pages/default.aspx\|archive-date=Mar 11, ~~website~~2016}}</ref> * '''DeWitt Wallace-Reader’s Digest Fund''': focused on education and youth * '''Lila Wallace-Reader’s Digest Fund''': focused on arts and culture In 2003 a single national foundation, The Wallace Foundation, emerged from the consolidation of these private foundations.<ref>[{{cite news\|url=https://www.nytimes.com/ref/college/collegespecial3/ll_wallacemission.html "\|title=College: Wallace Foundation Mission Statement"] ~~on ''~~\|work=[[The New York Times]]~~'' website~~}}</ref> == Major initiatives == The Wallace Foundation has five major initiatives ~~under way~~underway: * School Leadership: For more than a decade, Wallace has been working with states and school districts to develop better ways to train, hire, support and evaluate principals and other key figures in schools.<ref>[~~http~~https://www.pbs.org/newshour/bb/education-july-dec13-principals_08-29/ "How to Train and Retain Great Principals in Struggling Urban Schools"] ''[[PBS NewsHour]]'' (August 29, 2013)</ref><ref>Miller, William I. [http://www.amacad.org/publications/bulletin/winter2012/induction.pdf "Why Bridges Matter"] [[American Academy of Arts and Sciences\|American Academy]] 2011 Induction Ceremony Presentations p.8</ref> * Afterschool: Wallace supports efforts in a group of cities to coordinate the work of municipal agencies, schools, youth-serving nonprofits and other institutions vital to afterschool in order to generate ideas about how to improve the quality of programs and make better use of data.<ref>Berg, Nate [http://www.theatlanticcities.com/politics/2012/06/five-ways-data-can-make-after-school-programs/2215/ "5 Ways Data Can Save After-School Programs"] ''[[The Atlantic (magazine)\|The Atlantic]]'' City Lab (June 7, 2012)</ref> * Arts Education: Since 2005, Wallace has been working with school districts and nonprofits to test ways to engage more young people in high-quality arts learning during the school day and beyond.<ref>Drymalski, Nick. [http://youthtoday.org/2009/01/wallace-gives-18-million-for-arts-education/ "Wallace Gives $1.8 Million For Arts Education"] ''Youth Today'' (January 1, 2009)</ref> Line 75 ⟶ 80: ==References== {{~~reflist~~Reflist}} {{Authority control}} [[Category:Educational foundations in the United States]] [[Category:Arts foundations based in the United States]] ~~[[Category:Foundations based in the United States]]~~ [[Category:Non-profit organizations based in New York City]] [[Category:Arts organizations established in 2003]]