Lila Bell Wallace (December 25, 1889 – May 8, 1984) was an American magazine publisher and philanthropist.
She co-founded Reader's Digest with her husband Dewitt Wallace, publishing the first issue in 1922.
Born Lila Bell Acheson in Virden, Manitoba, Canada,[1] her father was a Presbyterian minister who brought his family to the United States when she was a child, and she grew up in Marshall, Minnesota, and Lewistown, Illinois, where her father preached.
Her brother, Barclay Acheson, was an executive director of the Near East Foundation and served as an editor of Reader's Digest.
[5] She continued to support the MONC until the Metropolitan Opera decided to disband the organization at the conclusion of the 1966–1967 season.