The Malloy Foundation is a private foundation established in South Carolina in 1953 and based in Cheraw, SC. It operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
+0.6% YoY
Annual Giving
$98K
+2.1% YoY
Grant Count
82
+3.8% YoY
Avg Grant Size
$1K
-1.6% YoY
Under IRS private-foundation payout rules, Malloy Foundation reported a distributable amount of $95K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation is dedicated to supporting children's development by focusing on education and well-being. The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
- Children's services
Grantmaking
The foundation made 32 grants in fiscal year 2024, totaling approximately $47,332 in documented grants. Recent grant recipients include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- South Carolina
- North Carolina
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending October 2024:
| Metric | Amount |
|---|---|
| Total Assets | $2,027,226 |
| Total Revenue | $80,547 |
| Total Expenses | $99,272 |
| Net Income | -$18,725 |
| Total Liabilities | $0 |
Revenue Sources (FY 2024):
- Investment income and dividends: $104,779
- Miscellaneous revenues: $1,827
- Net loss from sale of non-inventory assets: -$26,059
Employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,040,088 | $2,027,226 | $2,045,951 |
| Revenue | $113,256 | $80,547 | $146,893 |
| Expenses | $100,394 | $99,272 | $109,140 |
| Qualifying Distributions | $97,700 | $95,687 | $99,300 |
| Net Investment Income | $106,586 | $99,731 | $139,735 |
| Distributable Amount | $95,187 | $93,924 | $90,541 |
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 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Do Cancer ($4,000), Lafayette 200 Cheraw ($4,000), First Presbyterian Church ($3,800).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY OKLAHOMA CITY, OK | CONTRIBUTION TO 501(C)(3) | $600 |
| AMERICAN CANCER SOCIETY R CHARLOTTE, NC | CONTRIBUTION TO 501(C)(3) | $500 |
| AMERICAN LUNG ASSOCIATION JACKSONVILLE, FL | CONTRIBUTION TO 501(C)(3) | $400 |
| AMERICAN RED CROSS WASHINGTON, DC | CONTRIBUTION TO 501(C)(3) | $600 |
| AMERICAN RED CROSS PEE DE FLORENCE, SC | CONTRIBUTION TO 501(C)(3) | $400 |
| AMIKIDS SAND HILLS PATRICK, SC | CONTRIBUTION TO 501(C)(3) | $600 |
| BOYS & GIRLS CLUB FLORENCE, SC | CONTRIBUTION TO 501(C)(3) | $1,000 |
| CAREFIRSTCAROLINA FOUNDATION HARTSVILLE, SC | CONTRIBUTION TO 501(C)(3) | $2,000 |
| CHERAW ARTS COMMISSION CHERAW, SC | CONTRIBUTION TO 501(C)(3) | $400 |
| CHERAW CHURCH OF GOD CHERAW, SC | CONTRIBUTION TO 501(C)(3) | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Edwin Malloy Jr. (1917–2005) was instrumental in establishing the foundation's philanthropic legacy. A graduate of the United States Naval Academy (1940) and MIT (1945), he served as secretary and director of Cheraw Yarn Mills and was an active community member involved with the First Presbyterian Church in Cheraw and the Presbyterian Home of South Carolina.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM M MALLOY JR | CHAIRMAN | — | — |
| H MALLOY EVANS | SEC. & TREAS | — | — |
| SUSAN MALLOY | TRUSTEE | — | — |
| KAPPIE GRIGGS | TRUSTEE | — | — |
| ASHLEY M DRIGGERS | TRUSTEE | — | — |
Contact Information
- Address: PO Box 605, Cheraw, SC 29520
- Phone: 843-496-4915
- EIN: 57-6021142
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Malloy Foundation fund?
The foundation is dedicated to supporting children's development by focusing on education and well-being. The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education • Children's services
How do I apply for a grant from Malloy Foundation?
**Grant Activity:** The foundation made 32 grants in fiscal year 2024, totaling approximately $47,332 in documented grants. Recent grant recipients include: • Thornwell: $11,600 • Do Cancer: $4,400 • Children's Trust of South Carolina: $3,000 **Grant Characteristics:** • Typical award range: $200–$11,600 • The foundation accepts proposals by invitation only
Where does Malloy Foundation make grants?
The foundation primarily funds organizations in: • South Carolina • North Carolina • District of Columbia
What size grants does Malloy Foundation award?
In 2025, Malloy Foundation awarded 82 grants totaling $98K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Malloy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Malloy Foundation reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Malloy Foundation's EIN?
Malloy Foundation's EIN (Employer Identification Number) is 57-6021142. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Malloy Foundation's focus areas in our free grants database
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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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