Fain-Malsky Foundation
The Fain-Malsky Foundation is a private foundation based in Providence, Rhode Island. In its 2024 filing, it reported making 22 grants totaling $17,000 to charitable organizations, and stated that it contributes only to preselected organizations.
Fain-Malsky Foundation at a glance
In short: Fain-Malsky Foundation gave $17K across 22 grants in 2024 (avg $772.727), top state California. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $17,000
- -22.9% vs 2023
- Grants made (2024)
- 22
- +10.0% vs 2023
- Average grant
- $773
- -29.9% vs 2023
- Median grant
- $250
- Total assets
- $390,760
- -3.2% vs 2023
- New grantees (estimate)
- 32% first-time grantees (7 of 22, 2024; small sample)
- Primary geography
- California (34% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fain-Malsky Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. The filing lists deadlines and award restrictions as N/A.
- Contact
Mailing address: C/O Eve Savitzky 21 Lincoln Ave, Providence, RI 02906
Phone: (401) 529-7645
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fain-Malsky Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New Israel Fund ($5K). Together the top 10 received $14K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in California (34%), Alabama (26%), and the District of Columbia (18%), followed by New York (10%) and Rhode Island (6%). The listed 2024 grants also included organizations in other states.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
Cities
Is Fain-Malsky Foundation open to new grantees?
32%
first-time grantees, 2024
In 2024, 7 of 22 grantees (32%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $393; repeat grants $950. How we count
Medians: $500 first-time, $250 repeat.
- 59% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2020) to $22K (2023). In 2024 it made 22 grants totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Israel Fund San Francisco, CA | Unrestricted | $5,000 |
| Southern Poverty Law Center Montgomery, AL | Unrestricted | $4,500 |
| Environmental Defense Fun Washington, DC | Unrestricted | $1,000 |
| American Friends - Magen David Adom New York, NY | Unrestricted | $500 |
| Hias Washington, DC | Unrestricted | $500 |
| The Smile Train New York, NY | Unrestricted | $500 |
| Hillel International Washington, DC | Unrestricted | $500 |
| Planned Parenthood of S New Englan Providence, RI | Unrestricted | $500 |
| ACLU Foundation New York, NY | Unrestricted | $500 |
| Rhode Island Community Food Bank Providence, RI | Unrestricted | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $390,760 | $9,277 | $22,205 | $17,000 | 22 | $17,000 | $9,277 | $18,837 |
| 2023 | $403,688 | $7,196 | $22,789 | $22,050 | 20 | $22,050 | $7,196 | $17,441 |
| 2022 | $419,281 | $5,212 | $25,423 | $18,000 | 16 | $18,000 | $5,212 | $18,632 |
| 2021 | $439,492 | $56,189 | $17,750 | $17,750 | 16 | $17,750 | $56,189 | $20,465 |
| 2020 | $401,053 | $17,430 | $9,832 | $9,750 | 9 | — | $17,430 | $17,999 |
Under IRS private-foundation payout rules, Fain-Malsky Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grantees include organizations whose stated missions address racial justice and human rights, hunger in Rhode Island, civic engagement, conservation, Jewish human rights, and legal advocacy for immigrants. For example, the Southern Poverty Law Center describes its work as advancing racial justice and human rights; the Rhode Island Community Food Bank says it works to improve quality of life by advancing solutions to hunger; and the Immigrant Legal Advocacy Project says it helps low-income immigrants improve their legal status and works for more just and humane laws and policies.
Grantmaking
In 2024, the foundation reported 22 grants totaling $17,000. Grant amounts ranged from $250 to $5,000, with a median of $250. The largest grants included $5,000 to New Israel Fund and $4,500 to the Southern Poverty Law Center. Other listed grants included $1,000 to Environmental Defense Fund and $500 each to American Friends – Magen David Adom, HIAS, The Smile Train, Hillel International, Planned Parenthood of Southern New England, ACLU Foundation, and Rhode Island Community Food Bank. The listed grants were designated unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Eve Savitzky and Elizabeth Fain as trustees.
Fain-Malsky Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth Fain
Trustee
On filings since 2020
No compensation reported
Eve Savitzky
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Fain-Malsky Foundation
How much does Fain-Malsky Foundation give each year?
Fain-Malsky Foundation gave $17K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 20 grants.
What is Fain-Malsky Foundation's typical grant size?
Fain-Malsky Foundation's median grant in 2024 was $250, and its average grant was $773, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Fain-Malsky Foundation that year got $393 on average.
Where does Fain-Malsky Foundation give grants?
Fain-Malsky Foundation's top state is California, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Alabama (26%) and District of Columbia (18%). The most frequent recipient cities were Washington, DC (7 grants), New York, NY (4 grants), Providence, RI (2 grants) and Arlington, VA (2 grants).
Does Fain-Malsky Foundation give general operating support?
Yes: 100% of Fain-Malsky Foundation's 2024 grants with a stated purpose (22 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Fain-Malsky Foundation's largest grantees?
Fain-Malsky Foundation's largest 2024 grantees include New Israel Fund ($5,000), Southern Poverty Law Center ($4,500) and Environmental Defense Fun ($1,000), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is Fain-Malsky Foundation?
Fain-Malsky Foundation reported $391K in total assets on its 2024 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Fain-Malsky Foundation fund?
No mission statement for the foundation is provided. Its 2024 grantees include organizations whose stated missions address racial justice and human rights, hunger in Rhode Island, civic engagement, conservation, Jewish human rights, and legal advocacy for immigrants. See mission & focus areas ↑
How do I apply for a grant from Fain-Malsky Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Fain-Malsky Foundation's EIN?
Fain-Malsky Foundation's EIN (Employer Identification Number) is 13-3474810. IRS Form 990 filing data is available on this page for 2020–2024.
Does Fain-Malsky Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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