The Malark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELK RIVER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $27K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-1.1% YoY
Annual Giving
$27K
-61.9% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$3K
-65.7% YoY
Under IRS private-foundation payout rules, The Malark Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About The Malark Foundation
Based on IRS filings
The Malark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELK RIVER, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 10 grants totaling $27K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,290,869 | $1,305,388 | $1,193,184 |
| Revenue | $4,610 | $21,777 | $285,989 |
| Expenses | $53,325 | $90,827 | $236,067 |
| Qualifying Distributions | $44,445 | $78,013 | $85,482 |
| Net Investment Income | $7,815 | $11,014 | $5,852 |
| Distributable Amount | $69,111 | $62,143 | $63,746 |
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Johns University ($10,000), Magnus Veterans Foundation ($5,000), Steps of Strategy ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Project 12-4 Becker, MN | Human Services | $500 |
| Compassion Connection Becker, MN | Serves foster care in the community | $1,000 |
| Grow to Grow Minneapolis, MN | Assist Local Teens | $1,000 |
| Magnus Veterans Foundation Dayton, MN | Provide free services to veterans | $5,000 |
| Gillette Childrens Hospital Saint Paul, MN | Childrens healthcare | $1,000 |
| Robinsdale Womens Clinic Minneapolis, MN | Serve women facing unplanned pregnancies | $350 |
| Wave Youth Center Big Lake, MN | After school programs to help you | $500 |
| St Johns University Collegeville, MN | Education | $10,000 |
| Steps of Strategy Saint Paul, MN | Human services | $5,000 |
| Compassion Connection Becker, MN | Basic emergency aid | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ethan Malark | President | 1 | — |
| Douglas Malark | Treasurer | 1 | — |
| Elliot Malark | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Malark Foundation?
The Malark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELK RIVER, MN. It holds $1.3M in total assets as of 2024.
How large is The Malark Foundation?
As of 2024, The Malark Foundation holds $1.3M in total assets with $5K in annual revenue. It awarded 10 grants totaling $27K in 2024.
Where does The Malark Foundation operate?
The Malark Foundation has awarded grants in Arizona, California, District of Columbia, Illinois, Minnesota, North Dakota, New Jersey, Nevada, New York, Pennsylvania, Tennessee, Texas, Virginia, Washington.
What size grants does The Malark Foundation award?
In 2024, The Malark Foundation awarded 10 grants totaling $27K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Malark Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Malark Foundation reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Malark Foundation's EIN?
The Malark Foundation's EIN (Employer Identification Number) is 46-4903223. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Malark Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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