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Lila Acheson Wallace

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Lila Bell Wallace was a famous American magazine publisher. She was also a philanthropist. A philanthropist is someone who gives money to help others. She helped many people through her work. She co-founded a very popular magazine. This magazine was called Reader's Digest.

Lila and her husband built a great business. They married in Pleasantville, New York, in 1921. They started Reader's Digest in 1922. For many years, it was the top magazine in the United States. This magazine was a huge success. It reached many readers across the country.

Lila grew up in several different places. She was born in Virden, Manitoba, Canada, in 1889. Her father was a Presbyterian minister. He moved the family to the United States when she was a child. She lived in Minnesota and Illinois. Later, she went to college in Oregon. She also studied at Ward–Belmont College in Tennessee.

Lila used her wealth to support the arts. She gave away about $60 million during her life. In 1963, she helped start the Metropolitan Opera National Company. This was a group that traveled to perform music. She supported them until the 1966–1967 season ended. She also helped many writers through special awards.

Many people honored Lila for her hard work. President Richard Nixon gave her the Presidential Medal of Freedom in 1972. She received the Golden Plate Award in 1966. In 1992, she was given the National Medal of Arts. This was a special honor given after she died. Lila died in 1984 at the age of 94.

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