OVERVIEW: The Wallace Genetic Foundation’s global development grants typically revolve around sustainable agriculture, food security and economic security.
IP TAKE: Wallace no longer accepts unsolicited requests for funding, but since it doesn't award multi-year grants, the funding door is open that much wider for newcomers.
PROFILE: Henry Wallace was the founder of the first commercial hybrid seed company, Pioneer Hi-Bred Corn Company. In 1959, he and his wife established the Wallace Genetic Foundation with shares from Pioneer.
In the mid-1990s, foundation trustees agreed to split the foundation into three separate entities: Wallace Genetic, Wallace Global Fund and Wallace Research Foundation. Each organization is governed by their independent missions, based on the beliefs of founder Henry Wallace.
The Wallace Genetic Foundation focuses much of its funding on environmental protection, conservation and climate change. In the global development space, grantmaking falls under its sustainable agriculture program.
Wallace believes that fostering sustainable agriculture in developing countries promotes economic stability and food security. Giving often supports organizations that also address these intersecting global development issues.
Grant amounts typically range from $25,000 to $150,000, with most from $25,000 to $50,000. Awards are spread relatively evenly between small, mid-sized and large organizations. For example, Global Greengrants Fund, Action Against Hunger, and Ceres are all past grantees. To learn more about the types of groups Wallace Genetic supports, look over its gran history lists.
The foundation does not accept unsolicited grant applications or requests for funding and does not award multi-year grants.
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