Malcolm and Elizabeth Fraser
Malcolm and Elizabeth Fraser is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $371K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $18K.
Key facts about Malcolm and Elizabeth Fraser
- EIN
- 04-3401766
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $24,774
- Grants made (2024)
- 5
- Average grant
- $4,955
- Median grant
- $5,000
- Total assets
- $370,580
- Primary geography
- Massachusetts (36% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Malcolm and Elizabeth Fraser funds
By grant dollars, the top recipient states for Malcolm and Elizabeth Fraser's 5 itemized 2024 grants were Massachusetts (36%), Florida (32%) and Iowa (31%). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Public" (5 grants).
How Malcolm and Elizabeth Fraser gives
- Giving fell 92% from 2021 to 2024. Method
- In 2024 it paid out 72% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Malcolm and Elizabeth Fraser
- How to evaluate Malcolm and Elizabeth Fraser as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$371K
-1.7% YoY
Annual Giving
$25K
-14.6% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$5K
-48.7% YoY
Under IRS private-foundation payout rules, Malcolm and Elizabeth Fraser reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Malcolm and Elizabeth Fraser
Based on IRS filings
Malcolm and Elizabeth Fraser is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $371K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $18K.
Focus Areas
Ready to take the next step with Malcolm and Elizabeth Fraser?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $370,580 | $377,070 | $393,510 |
| Revenue | $25,820 | $20,261 | $9,634 |
| Expenses | $32,310 | $36,701 | $39,843 |
| Qualifying Distributions | $24,774 | $29,000 | $32,500 |
| Net Investment Income | $18,354 | $12,660 | $2,340 |
| Distributable Amount | $34,297 | $36,767 | $35,909 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Creative Play Children's Learning Center ($8,000), Red Cross ($7,774), Symphony Hall ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CREATIVE PLAY CHILDREN'S LEARNING CENTER Pinellas Park, FL | PUBLIC | $8,000 |
| RED CROSS Boone, IA | PUBLIC | $7,774 |
| SYMPHONY HALL Boston, MA | PUBLIC | $5,000 |
| K9S ON THE WAR ON TERROR Waquoit, MA | PUBLIC | $3,000 |
| FOUR LEGGED ANGELS Wareham, MA | PUBLIC | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Malcolm Fraser | President - as Needed | — | — |
| Gary P Savage | Clerk - as Needed | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Malcolm and Elizabeth Fraser?
Malcolm and Elizabeth Fraser is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Boston, MA. It holds $371K in total assets as of 2024.
How large is Malcolm and Elizabeth Fraser?
As of 2024, Malcolm and Elizabeth Fraser holds $371K in total assets with $26K in annual revenue. It awarded 5 grants totaling $25K in 2024.
Where does Malcolm and Elizabeth Fraser operate?
Malcolm and Elizabeth Fraser has awarded grants in Alabama, Arizona, California, District of Columbia, Florida, Georgia, Iowa, Massachusetts, Minnesota, New York, Virginia, Vermont.
What size grants does Malcolm and Elizabeth Fraser award?
In 2024, Malcolm and Elizabeth Fraser awarded 5 grants totaling $25K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Malcolm and Elizabeth Fraser required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Malcolm and Elizabeth Fraser reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Malcolm and Elizabeth Fraser's EIN?
Malcolm and Elizabeth Fraser's EIN (Employer Identification Number) is 04-3401766. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.