Irene & Joseph Malek Charitable Trust

OMAHA, NE EIN: 52-7242731

Irene & Joseph Malek Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 11 grants totaling $157K. Net investment income was $231K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+2.6% YoY

Annual Giving

$157K

-1.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$14K

-1.9% YoY

Under IRS private-foundation payout rules, Irene & Joseph Malek Charitable Trust reported a distributable amount of $159K for 2024 — the minimum it must pay out in qualifying distributions.

About Irene & Joseph Malek Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Irene & Joseph Malek Charitable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nebraska $824K (100%)

States

Nebraska

Cities

BellevueLincolnOmahaSouth Winnebago

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,336,200	$2,276,797	$2,382,142
Revenue	$269,602	$101,590	$88,314
Expenses	$210,199	$206,935	$216,019
Qualifying Distributions	$170,228	$171,905	$177,167
Net Investment Income	$230,710	$66,082	$52,551
Distributable Amount	$159,063	$155,288	$163,551

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

56 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Nebraska Foundation ($33,000), Creighton Prep High School ($25,000), Marian High School ($25,000).

Recipient	Purpose	Amount
CREIGHTON PREP HIGH SCHOOL OMAHA, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$25,000
MARIAN HIGH SCHOOL OMAHA, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$25,000
BELLEVUE UNIVERSITY BELLEVUE, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$8,000
NEBRASKA STATE BAR FOUNDATION LINCOLN, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$12,000
UNIVERSITY OF NEBRASKA FOUNDATION LINCOLN, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$33,000
BRAIN INJURY ASSOCIATION - NEBRASKA LINCOLN, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$2,000
ST AUGUSTINE INDIAN MISSION SOUTH WINNEBAGO, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$5,000
ST JOHN'S PARISH OMAHA, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$25,000
GIRL SCOUTS SPIRIT OF NEBRASKA OMAHA, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$2,000
CREIGHTON UNIVERSITY OMAHA, NE	TO SUPPORT GENERAL PROGRAMS OF THE ORGANIZATION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
UNION BANK TRUST COMPANY	CO-TRUSTEE	2	$28,260
CASSEM TIERNEY ADAMS GOTCH	CO-TRUSTEE	2	$21,440

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Irene & Joseph Malek Charitable Trust?

Irene & Joseph Malek Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. It holds $2.3M in total assets as of 2024.

How large is Irene & Joseph Malek Charitable Trust?

As of 2024, Irene & Joseph Malek Charitable Trust holds $2.3M in total assets with $270K in annual revenue. It awarded 11 grants totaling $157K in 2024.

Where does Irene & Joseph Malek Charitable Trust operate?

Irene & Joseph Malek Charitable Trust has awarded grants in Nebraska.

What size grants does Irene & Joseph Malek Charitable Trust award?

In 2024, Irene & Joseph Malek Charitable Trust awarded 11 grants totaling $157K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Irene & Joseph Malek Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Irene & Joseph Malek Charitable Trust reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Irene & Joseph Malek Charitable Trust's EIN?

Irene & Joseph Malek Charitable Trust's EIN (Employer Identification Number) is 52-7242731. IRS Form 990 filing data is available on this page for 2020–2024.