As promised in his speech, he instituted changesvthat demonstrated a clear vision and bold leadership. For instance. he organized the "Cradle to College" initiative that is designed to place an emphasis on mentoring black inner city youth, helping youths troubled pasts, promoting self- esteem, and closing achievement gaps. Illustrious Wallace attributed his wisdom, inspiration, and strength to the Grand Architect of the Universe. He strongly believed “ I can do all things through Christ, who strengthens me. ” His religious affiliation was New Jerusalem Baptist Church where he served as an Ordained Deacon and Church Coordinator. Due to Wallace's outstanding accomplishments, he received numerous awards and honors. Among them are the Paul Robeson Humanitarian Award from Mother Zion A-M.E. Church. Man of the Year Award from the National Association of Negro Business and Professional Women, the Congressional Black Caucus Award from Congressman Edolphus Townes, The Phylaxis Society Man of the Year Award, and the Omega Psi Phi Citizen of the Year Award from Nu Omicron Chapter of Omega Psi Phi Fraternity. At a visit to the convention of the Phylaxis Society in 2008, he along with eight others became members of the Chri Rho Fraternity (below). His leadership and membership in this organization promoted research in the Ancient and Accepted Scottish Rite.
In 2012, Illustrious Wallace received a distinct honor from the nation's oldest African American Institution of higher learning. Wilberforce University awarded him an honorary doctorate of humane letters. Dr. Patricia L. Hardaway, University President conferred the degree as a part of the school's Commencement Convocation on Saturday, May 5, 2012 in recognition of his contributions to humanity including a high rise apartment building; a 900+ acre camp in upstate New York; a 4-year-old mentoring program that
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