Malbis Memorial Foundation
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANGELO MATHEWS | PRESIDENT | 18 | $30,818 |
| GEORGE SCOURTES | VICE PRESIDENT | 1 | — |
| GEORGE KALASOUNTAS | TREASURER | 1 | — |
| DIMITRIOS MATHEWS | SECRETARY | 1 | — |
| REGIONS BANK | TRUSTEE | 1 | $36,935 |
| ANTONIA CLEONDIS | TRUSTEE | 1 | — |
| MATTHEW CARTER | TRUSTEE | 1 | $6,000 |
| ELIAS STEVENS | TRUSTEE | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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