The Malco Charitable Foundation Inc

Foundation · Grantmaker Sarasota, FL EIN: 34-1307450

The Malco Charitable Foundation Inc is a private foundation, based in Sarasota, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 11 grants totaling $48K.

Key facts about The Malco Charitable Foundation Inc

In short: The Malco Charitable Foundation Inc gave $48K across 11 grants in 2022 (avg $4K), mostly in Florida. 55% of 2022 grantees were new. Source: 2022 IRS Form 990-PF.

EIN
34-1307450
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$47,581
Grants made (2022)
11
Average grant
$4,326
Median grant
$1,000
New grantees (estimate)
55% first-time grantees (6 of 11, 2022)
Primary geography
Florida (71% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$48K

-39.1% YoY

Grant Count

11

+83.3% YoY

Avg Grant Size

$4K

-66.8% YoY

Under IRS private-foundation payout rules, The Malco Charitable Foundation Inc reported a distributable amount of $1K for 2022 — the minimum it must pay out in qualifying distributions.

Is The Malco Charitable Foundation Inc open to new grantees?

55%

first-time grantees, 2022

In 2022, 6 of 11 grantees (55%) were first-time recipients. First grants averaged $863; repeat grants $8K. How we count

Medians: $1K first-time, $11K repeat.

  • 36% of 2022 grantees were also funded in 2021. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 11 itemized 2022 grant dollars.

Cities

Park CitySarasotaMiamiBoca RatonPalm Beach GardensClevelandFort LauderdaleGainesvilleSalt Lake CitySuffernWest Hartford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K9 grants20206 grants202111 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

Jewish Federation of Sara-Mana: $15KJewish Federation of Sara-Mana$15KAmerican Friends of Magen David Adom: $14KAmerican Friends of MagenDavid Adom$14KChabad of Park City: $11KChabad of Park City$11KPark City Performances DBA the Egyptian Theatre: $2KPark City Performances DBA theEgyptian Theatre$2KNational Ms Society: $2KNational Ms Society$2KBoys & Girls Club of Sarasota: $1KBoys & Girls Club of Sarasota$1KChabad of Gainesville: $1KChabad of Gainesville$1KFriends of JCC Krakow: $1KFriends of JCC Krakow$1KTemple Beth El: $1KTemple Beth El$1KThe Flanzer Trust: $500The Flanzer Trust$500

Grant Size Distribution

26 grants across all recorded years

25<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
JEWISH FEDERATION OF SARA-MANA Sarasota, FLDISCRETIONARY$15,000
AMERICAN FRIENDS OF MAGEN DAVID ADOM Palm Beach Gardens, FLDISCRETIONARY$13,901
CHABAD OF PARK CITY Park City, UTDISCRETIONARY$10,500
PARK CITY PERFORMANCES DBA THE EGYPTIAN THEATRE Park City, UTDISCRETIONARY$2,000
NATIONAL MS SOCIETY Fort Lauderdale, FLDISCRETIONARY$1,500
BOYS & GIRLS CLUB OF SARASOTA Sarasota, FLDISCRETIONARY$1,000
CHABAD OF GAINESVILLE Gainesville, FLDISCRETIONARY$1,000
FRIENDS OF JCC KRAKOW Suffern, NYDISCRETIONARY$1,000
TEMPLE BETH EL Boca Raton, FLDISCRETIONARY$1,000
THE FLANZER TRUST Sarasota, FLDISCRETIONARY$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K202020212022
Metric202220212020
Total Assets—$47,748$136,010
Revenue—$-8,987$74,936
Expenses$47,581$78,241$32,231
Qualifying Distributions$47,581$78,180—
Net Investment Income——$74,375
Distributable Amount$1,172$4,340$7,105

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Officers and directors from IRS filings

The Malco Charitable Foundation Inc is led by Neil N. Malamud, President on every filing since 2020; none of the 4 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Neil N. Malamud

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Heidi Pepper Lein

    Vice President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sandra A. Malamud

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Lisa B. Malamud

    Vice President

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Lisa B. Cicero (2020) — Vice President

Data from IRS Form 990 filings, 2020–2022. "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 The Malco Charitable Foundation Inc

How much does The Malco Charitable Foundation Inc give each year?

The Malco Charitable Foundation Inc gave $48K across 11 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $78K across 6 grants.

What is The Malco Charitable Foundation Inc's typical grant size?

The Malco Charitable Foundation Inc's median grant in 2022 was $1,000, and its average grant was $4,326, across 11 grants on its 2022 IRS Form 990-PF. Organizations receiving their first grant from The Malco Charitable Foundation Inc that year got $863 on average.

Where does The Malco Charitable Foundation Inc give grants?

The Malco Charitable Foundation Inc gives mostly in Florida: 71% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The next largest state was Utah (27%). The most frequent recipient cities were Sarasota, FL (3 grants) and Park City, UT (2 grants).

Does The Malco Charitable Foundation Inc give general operating support?

Not in 2022: none of the 11 grants with a stated purpose on The Malco Charitable Foundation Inc's 2022 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Discretionary" (11 grants).

Who are The Malco Charitable Foundation Inc's largest grantees?

The Malco Charitable Foundation Inc's largest 2022 grantees include Jewish Federation of Sara-Mana ($15,000), American Friends of Magen David Adom ($13,901) and Chabad of Park City ($10,500), according to its 2022 IRS Form 990-PF. Together they received 83% of its itemized 2022 grant dollars.

How much is The Malco Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, The Malco Charitable Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Malco Charitable Foundation Inc's EIN?

The Malco Charitable Foundation Inc's EIN (Employer Identification Number) is 34-1307450. IRS Form 990 filing data is available on this page for 2020–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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