James Wallace (philanthropist)

James Hay Wallace (born 23 November 1937) is a New Zealand businessman, arts patron, and convicted sex offender.

Wallace was born in Cambridge on 23 November 1937, the son of James Dunning Wallace and Frances Lindsay Wallace (née Hay).

His father was a pig farmer and agricultural contractor who, in 1937, founded a small rendering company, J. D. Wallace Limited, that would eventually become the Wallace Corporation.

Wallace was educated at King's College, Auckland, from 1951 to 1955, and won a scholarship to study for his last year of secondary school in Boston, during which time he developed his interest in art and opera.

Wallace began collecting art in the 1960s, with a focus on young and emerging New Zealand artists.

He went on to study law, graduating with a Bachelor of Laws degree from Auckland University College in 1961.

He gained international experience working in New York for a year, and worked for Robert Kerridge at Rank/Hanimex and Woolf Fisher at Fisher & Paykel, before joining the family business.

Wallace joined his father's rendering business, J. D. Wallace Limited, while his younger brother David partnered with their father in farm contracting and cattle and dairy farming operations as J. D. and R. D. Wallace Limited.

His first acquisition was a Toss Woollaston watercolour in 1964.

Wallace amassed a collection of New Zealand art that he transferred to the James Wallace Art Trust in 1992, and is now displayed at the Pah Homestead in Auckland.

Subsequent to his convictions referred to below, a substantial proportion of the art in the James Wallace Arts Trust was in early 2023 resettled on an entirely independent trust, the Arts House Trust.

Also in 1992, he established the Wallace Art Awards for New Zealand artists.

In 2021, Wallace was found guilty of indecently assaulting three men, but his identity was suppressed until June 2023.

In 1992, he established the James Wallace Arts Trust, to which he transferred ownership of his collection, which by 2020 held over 9,000 pieces.

In 1992, Wallace founded the Wallace Art Awards, the richest awards, mostly as overseas residencies, for New Zealand artists.

James Dunning Wallace was appointed an Officer of the Order of the British Empire, for services to farming, in the 1994 Birthday Honours.

J. D. Wallace took over other rendering companies, and Wallace established other rural services companies Wallford Meats (NZ) Limited, Eureka Hides and Skins Limited, and Wallace Industries Limited, which were amalgamated as Wallace Corporation Limited (WCL) in 1994.

The assaults took place in 2000 or 2001, in 2008, and in 2016 at Wallace's Epsom home, Rannoch House.

Wallace and others made multiple attempts to convince one of the men to drop his complaint.

In 2007, WCL was reported to employ 600 staff seasonally and had an annual turnover of about $200 million.

In 2010, the collection moved from Wallace's home to the Pah Homestead in the Auckland suburb of Hillsborough, which is leased from Auckland City As noted above, most of the art in the James Wallace Arts Trust was resettled in early 2023 on an entirely independent trust, the Arts House Trust, and lease of the Pah Homestead assigned to the Arts House Trust.

The James Wallace Arts Trust continues to exist, but no longer has a public profile.

Wallace has been involved with the trust that aims to restore earthquake-damaged McLean's Mansion in Christchurch since 2016.

In 2022, it was reported that he had taken the chairmanship of the trust and financed the restoration of the building, which is expected to open to the public in 2024.

Wallace was found guilty in 2021 of three charges of indecently assaulting three men and two charges of attempting to dissuade a witness by offering a bribe for the 2016 victim to drop his claims.

He was imprisoned for two years and four months.

In 2017, WCL merged its meat co-products businesses with Farm Brands Limited, to form Wallace Group Limited Partnership.

The Wallace and WCL interests in Farm Brands Limited have subsequently been sold.

The merger excluded WCL's farms, investments in biopolymer companies, and its Chilean dairying operation.

Associates of Wallace, Jevan Goulter and Alison Edmonds, flew to the Gold Coast in 2017 and offered the man work contracts if he came back to New Zealand and withdrew his police statement.

Dancer and arts producer Mika X was also involved in the attempt to convince the complainant to drop the complaint, providing a draft contract promising work in the United States.

Goulter and Edmonds were granted immunity from prosecution in return for evidence given against Wallace.

Mika X pleaded two counts of attempting to pervert the course of justice, and was sentenced to 11 months home detention.

Wallace first faced trial in 2019, but that trial was aborted.

He was found guilty at a subsequent trial in 2021.

Wallace initially received name suppression.

Media entities Stuff and NZME had Wallace's name suppression revoked on the morning of his first trial in 2019.

However, Wallace appealed this, and his name could not be revealed while these appeals were being heard.

The final awards occurred in 2020.

While operational, the James Wallace Arts Trust injected about $1 million dollars into the arts in New Zealand annually, through new acquisitions and another approximately $200,000 for the Wallace Art Awards.