The Malco Charitable Foundation Inc
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
Share of all 11 itemized 2022 grant dollars.
Cities
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 2022
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH FEDERATION OF SARA-MANA Sarasota, FL | DISCRETIONARY | $15,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM Palm Beach Gardens, FL | DISCRETIONARY | $13,901 |
| CHABAD OF PARK CITY Park City, UT | DISCRETIONARY | $10,500 |
| PARK CITY PERFORMANCES DBA THE EGYPTIAN THEATRE Park City, UT | DISCRETIONARY | $2,000 |
| NATIONAL MS SOCIETY Fort Lauderdale, FL | DISCRETIONARY | $1,500 |
| BOYS & GIRLS CLUB OF SARASOTA Sarasota, FL | DISCRETIONARY | $1,000 |
| CHABAD OF GAINESVILLE Gainesville, FL | DISCRETIONARY | $1,000 |
| FRIENDS OF JCC KRAKOW Suffern, NY | DISCRETIONARY | $1,000 |
| TEMPLE BETH EL Boca Raton, FL | DISCRETIONARY | $1,000 |
| THE FLANZER TRUST Sarasota, FL | DISCRETIONARY | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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
- 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.
Here's the math on researching The Malco Charitable Foundation Inc by hand.
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