Malone Family Foundation
Malone Family Foundation is a private foundation, based in Sioux Falls, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $541K in total assets. In 2024, it awarded 6 grants totaling $46K. Net investment income was $15K.
Malone Family Foundation at a glance
In short: Malone Family Foundation gave $46K across 6 grants in 2024 (avg $8K), mostly in South Dakota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $46,000
- +37.3% vs 2023
- Grants made (2024)
- 6
- +0.0% vs 2023
- Average grant
- $7,667
- +37.3% vs 2023
- Median grant
- $5,500
- Total assets
- $541,391
- +15.0% vs 2023
- Primary geography
- South Dakota (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Malone Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Rescues Unlimited ($15K). Together the top 6 received $46K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Malone Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+18%). Method
- In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $34K (2023) to $46K (2024). In 2024 it made 6 grants totaling $46K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rescues Unlimited Gregory, SD | General Assistance | $15,000 |
| Sioux Falls Canine Rescue Brandon, SD | General Assistance | $10,000 |
| Sioux Falls Area Humane Society Sioux Falls, SD | General Assistance | $6,000 |
| Big Stone County Animal Rescue Ortonville, MN | General Assistance | $5,000 |
| Ruff Start Rescue Princeton, MN | General Assistance | $5,000 |
| The First Tee of South Dakota Sioux Falls, SD | General Assistance | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $541,391 | $116,922 | $56,190 | $46,000 | 6 | $46,400 | $15,128 | $37,712 |
| 2023 | $470,702 | $55,634 | $53,617 | $33,500 | 6 | $36,003 | $48,220 | $34,141 |
| 2022 | $468,821 | $24,067 | $53,984 | $40,000 | 6 | $41,936 | $12,489 | $38,722 |
| 2021 | $499,138 | $42,045 | $50,848 | $39,000 | 4 | $40,747 | $32,459 | $42,707 |
| 2020 | $506,514 | $71,611 | $54,184 | $40,000 | 5 | — | $60,340 | $39,028 |
| 2019 | $489,732 | $57,830 | $55,607 | $42,000 | 7 | — | $45,990 | $42,125 |
Under IRS private-foundation payout rules, Malone Family Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Malone Family Foundation is led by Karen Buboltz, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Karen Buboltz
President
On filings since 2019
1 hr/week
No compensation reported
Jeffrey Malone
Vice President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Lori Wiese-Parks
Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Malone Family Foundation
How much does Malone Family Foundation give each year?
Malone Family Foundation gave $46K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $34K across 6 grants.
What is Malone Family Foundation's typical grant size?
Malone Family Foundation's median grant in 2024 was $5,500, and its average grant was $7,667, across 6 grants on its 2024 IRS Form 990-PF.
Where does Malone Family Foundation give grants?
Malone Family Foundation gives mostly in South Dakota: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (22%). The most frequent recipient cities were Sioux Falls, SD (2 grants).
Does Malone Family Foundation give general operating support?
Yes: 100% of Malone Family Foundation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Malone Family Foundation's largest grantees?
Malone Family Foundation's largest 2024 grantees include Rescues Unlimited ($15,000), Sioux Falls Canine Rescue ($10,000) and Sioux Falls Area Humane Society ($6,000), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How large is Malone Family Foundation?
Malone Family Foundation reported $541K in total assets on its 2024 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What is Malone Family Foundation's EIN?
Malone Family Foundation's EIN (Employer Identification Number) is 46-0461630. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS September 2, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Malone Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Malone Family Foundation's focus areas in our free grants database
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Malone Family Foundation down — hundreds of funders to go?