The Malco Charitable Foundation Inc

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.

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.

About The Malco Charitable Foundation Inc

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Boca RatonClevelandFort LauderdaleGainesvilleMiamiPalm Beach GardensPark CitySalt Lake CitySarasotaSuffernWest Hartford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$43K$65K$86K202020212022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$39K$59K$78K9 grants20206 grants202111 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

JEWISH FEDERATION OF SAR…$15KAMERICAN FRIENDS OF MAGE…$14KCHABAD OF PARK CITY$11KPARK CITY PERFORMANCES D…$2KNATIONAL MS SOCIETY$2KBOYS & GIRLS CLUB OF SAR…$1KCHABAD OF GAINESVILLE$1KFRIENDS OF JCC KRAKOW$1KTEMPLE BETH EL$1KTHE 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

Among its reported 2022 grants, the largest include Jewish Federation of Sara-mana ($15,000), American Friends of Magen David Adom ($13,901), Chabad of Park City ($10,500).

RecipientPurposeAmount
AMERICAN FRIENDS OF MAGEN DAVID ADOM PALM BEACH GARDENS, FLDISCRETIONARY$13,901
BOYS & GIRLS CLUB OF SARASOTA SARASOTA, FLDISCRETIONARY$1,000
CHABAD OF GAINESVILLE GAINESVILLE, FLDISCRETIONARY$1,000
CHABAD OF PARK CITY PARK CITY, UTDISCRETIONARY$10,500
FRIENDS OF JCC KRAKOW SUFFERN, NYDISCRETIONARY$1,000
JEWISH FEDERATION OF SARA-MANA SARASOTA, FLDISCRETIONARY$15,000
NATIONAL MS SOCIETY FORT LAUDERDALE, FLDISCRETIONARY$1,500
PARK CITY PERFORMANCES DBA THE EGYPTIAN THEATRE PARK CITY, UTDISCRETIONARY$2,000
TEMPLE BETH EL BOCA RATON, FLDISCRETIONARY$1,000
THE FLANZER TRUST SARASOTA, FLDISCRETIONARY$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
NEIL N MALAMUDPRESIDENT/TR1
SANDRA A MALAMUDSECRETARY0.5
LISA B MALAMUDVICE PRESIDENT0.5
HEIDI PEPPER LEINVICE PRESIDENT0.5

Frequently Asked Questions

Where does The Malco Charitable Foundation Inc operate?

The Malco Charitable Foundation Inc has awarded grants in Connecticut, Florida, New York, Ohio, Utah.

What size grants does The Malco Charitable Foundation Inc award?

In 2022, The Malco Charitable Foundation Inc awarded 11 grants totaling $48K — an average of about $4K per grant, based on its IRS Form 990 filings.

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.

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

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