Malbis Memorial Foundation

DAPHNE, AL EIN: 63-6044881

The Malbis Memorial Foundation is a private foundation established in 1947 and located in Daphne, Alabama. The foundation is deeply connected to the historic Malbis community and its namesake church. It operates as a 501(c)(3) charitable organization with a primary focus on community welfare and supporting local religious and cultural institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

-1.6% YoY

Annual Giving

$145K

-9.8% YoY

Grant Count

31

-6.1% YoY

Avg Grant Size

$5K

-4.0% YoY

Under IRS private-foundation payout rules, Malbis Memorial Foundation reported a distributable amount of $303K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to administer donations to the community and provide worship services to the local church. Its program areas include:

  • Maintaining church buildings and grounds to provide tours and guides for the church to discuss local history and religious education
  • Making the church building available for services, which accommodates approximately 1,250 visitors annually with regular church services attended by approximately 50 people per month
  • Supporting community welfare initiatives

Grantmaking

The foundation made 38 grants in its most recent reporting year. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation operates in the Daphne and Malbis area of Baldwin County, Alabama, with a focus on local community and religious organizations.

Grant Distribution by State

12states
+4 more states

Cities

AtlantaBaltimoreBay MinetteBiloxiBirminghamBrooklineClioDaphneDekalbEast MeadowElbertaFairhopeFlorenceFoleyGarrisonGreenlawnGulf ShoresHomer GlenHuntsvilleMemphis

Financial History

Multi-year comparison from IRS filings

Most Recent Year (2024):

  • Total Assets: $4,355,191
  • Total Revenues: $295,887
  • Total Expenses: $364,513
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$125K$250K$375K$500K20202021202220232024
Metric202420232022
Total Assets$4,355,191$4,426,065$4,603,141
Revenue$295,887$160,954$290,319
Expenses$364,513$338,335$290,671
Qualifying Distributions$355,053$273,728$221,308
Net Investment Income$238,594$96,034$231,159
Distributable Amount$303,301$297,358$286,985

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K30 grants202033 grants202128 grants202233 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ANNUNCIATION GREEK CHURC…$25KIOCC INTL ORTH CHRISTIAN…$12KGREEKFEST CHARITY GALA$12KECUMENICAL PAT BARTHOLOM…$10KHOLY CROSS SS CON HELEN …$10KST HARALAMBOS GREEK ORTH…$8KOCMC-ORTHODOX CHRISTIAN …$7KLADIES PHILOPTOCHOS SOCI…$7KANNUNCIATION PHILOPTOCHO…$7KAHEPA SHRINE CHAPTER 500$5K

Grant Size Distribution

155 grants across all recorded years

155<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Annunciation Greek Church Mobile ($24,500), Iocc Intl Orth Christian Charities ($12,000), Greekfest Charity Gala ($12,000).

RecipientPurposeAmount
ANNUNCIATION GREEK CHURCH MOBILE MOBILE, ALCOMMUNITY WELFARE$24,500
PENELOPE HOUSE MOBILE, ALCOMMUNITY WELFARE$3,500
SALVATION ARMY MOBILE, ALCOMMUNITY WELFARE$4,000
UNITED WAY OF BALDWIN COUNTY FOLEY, ALCOMMUNITY WELFARE$1,000
IOCC INTL ORTH CHRISTIAN CHARITIES BALTIMORE, MDCOMMUNITY WELFARE$12,000
SAINT ANTHONYS GREEK ORTH MONASTERY FLORENCE, AZCOMMUNITY WELFARE$2,000
WATER FRONT RESCUE MISSION MOBILE, ALCOMMUNITY WELFARE$4,000
ST HARALAMBOS GREEK ORTHODOX CHURCH PEORIA, AZCOMMUNITY WELFARE$8,000
GREEKFEST CHARITY GALA MOBILE, ALCOMMUNITY WELFARE$12,000
OCMC-ORTHODOX CHRISTIAN MISSION CTR SAINT AUGUSTINE, FLCOMMUNITY WELFARE$7,000

Leadership & Key People

Leadership team and compensation from IRS filings

Thomas Malbis served as President of the Malbis Memorial Foundation. He passed away on May 10, 2020, at age 84.

Compensation Overview

From 2024 IRS filing

REGIONS BANKTRUSTEE$37KANGELO MATHEWSPRESIDENT$31KMATTHEW CARTERTRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
ANGELO MATHEWSPRESIDENT18$30,818
GEORGE SCOURTESVICE PRESIDENT1
GEORGE KALASOUNTASTREASURER1
DIMITRIOS MATHEWSSECRETARY1
REGIONS BANKTRUSTEE1$36,935
ANTONIA CLEONDISTRUSTEE1
MATTHEW CARTERTRUSTEE1$6,000
ELIAS STEVENSTRUSTEE1

Frequently Asked Questions

What does Malbis Memorial Foundation fund?

The foundation's purpose is to administer donations to the community and provide worship services to the local church. Its program areas include: • Maintaining church buildings and grounds to provide tours and guides for the church to discuss local history and religious education • Making the church building available for services, which accommodates approximately 1,250 visitors annually with regular church services attended by approximately 50 people per month • Supporting community welfare in…

How do I apply for a grant from Malbis Memorial Foundation?

The foundation made 38 grants in its most recent reporting year. Recent grants include: • Greekfest Charity Gala: $12,000 (Community Welfare) • Penelope House: $3,500 (Community Welfare) • Under His Wings: $3,000 (Community Welfare) The foundation also made grants to the Annunciation Greek Church Mobile in recent years.

Where does Malbis Memorial Foundation make grants?

The foundation operates in the Daphne and Malbis area of Baldwin County, Alabama, with a focus on local community and religious organizations.

What size grants does Malbis Memorial Foundation award?

In 2024, Malbis Memorial Foundation awarded 31 grants totaling $145K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Malbis Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Malbis Memorial Foundation reported a distributable amount of $303K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Malbis Memorial Foundation's EIN?

Malbis Memorial Foundation's EIN (Employer Identification Number) is 63-6044881. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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