The Malco Charitable Foundation Inc
The Malco Charitable Foundation Inc was a private foundation based in Sarasota, Florida. Its 2022 filing is marked as the organization’s final return and states that the foundation was dissolved as of December 31, 2022; it therefore appears to have wound down and stopped grantmaking.
The Malco Charitable Foundation Inc at a glance
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.
- Annual giving (2022)
- $47,581
- -39.1% vs 2021
- Grants made (2022)
- 11
- +83.3% vs 2021
- Average grant
- $4,326
- -66.8% vs 2021
- Median grant
- $1,000
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2022; small sample)
- Primary geography
- Florida (71% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Malco Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. This policy is from its final filing and should not be treated as a current application process.
- Contact
Mailing address: 1500 State Street 204, Sarasota, FL 34236
Phone: (941) 951-2511
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Malco Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
The largest 2022 recipient was Jewish Federation of Sara-Mana ($15K). Together the top 10 received $47K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 25 grants of 26 (96%).
Geographic Focus
Where this funder awards grants
The 2022 grant dollars were distributed among organizations in Florida (71%), Utah (27%), and New York (2%).
Grant Distribution by State
Share of 2022 grant dollars across all 11 itemized grants.
Cities
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. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $32K (2020) to $78K (2021). In 2022 it made 11 grants totaling $48K.
Grants by year
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 |
Ready to take the next step with The Malco Charitable Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | — | — | $47,581 | $47,581 | 11 | $47,581 | — | $1,172 |
| 2021 | $47,748 | $-8,987 | $78,241 | $78,180 | 6 | $78,180 | — | $4,340 |
| 2020 | $136,010 | $74,936 | $32,231 | $32,170 | 9 | — | $74,375 | $7,105 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2022 recipients included Jewish community organizations, a performing arts organization, the National MS Society, and the Boys & Girls Club of Sarasota. The grantees’ own descriptions provide further context: Friends of JCC Krakow said it provides educational and cultural opportunities for Americans to connect with the renewal of Jewish life in Krakow; the United Jewish Federation of Utah said its mission is to build and maintain a vibrant, inclusive Jewish community by meeting human needs, promoting Jewish identity, and encouraging commitment to the needs of Jewish people.
Grantmaking
In 2022, the foundation reported 11 grants totaling $47,581. Grant amounts ranged from $180 to $15,000, with a median of $1,000. The largest awards were $15,000 to Jewish Federation of Sara-Mana and $13,901 to American Friends of Magen David Adom, both in Florida, and $10,500 to Chabad of Park City in Utah. Other listed grants included $2,000 to Park City Performances dba The Egyptian Theatre; $1,500 to the National MS Society; and $1,000 each to Boys & Girls Club of Sarasota, Chabad of Gainesville, Friends of JCC Krakow, and Temple Beth El. The listed grant purposes were “discretionary.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2022 filing listed Neil N Malamud as president and treasurer, Sandra A Malamud as secretary, and Lisa B Malamud and Heidi Pepper Lein as vice presidents.
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.
What does The Malco Charitable Foundation Inc fund?
The available information does not state a mission for the foundation. Its 2022 recipients included Jewish community organizations, a performing arts organization, the National MS Society, and the Boys & Girls Club of Sarasota. See mission & focus areas ↑
How do I apply for a grant from The Malco Charitable Foundation Inc?
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Malco Charitable Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Other open foundation grants in Florida
Florida Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Malco Charitable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Silberstein Foundation
New York, NY
Assets
$48K
Grants
6
Total Given
$402K
Frances and Jack Levy Foundation
Palm Beach, FL
The Frances and Jack Levy Foundation’s 2025 grants supported arts, higher education, Jewish organizations, and social services, with most funding going to organizations in New York and Florida. Grants ranged from $100 to $102,571, with a median of $2,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$1.4M
Grants
24
Total Given
$390K
Goldrich Family Foundation
Culver City, CA
The Goldrich Family Foundation funds charitable organizations focused on Jewish life and education, Israel-related causes, Holocaust remembrance, youth programs, and community support, with most 2024 grant dollars going to California-based recipients. Its 2024 grants totaled $9.2 million across 27 grants, with a median grant of $37,215 and amounts ranging from $500 to $6.6 million. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$117.5M
Grants
27
Total Given
$9.2M
Jewish Federation of Northern New Jersey Inc
Paramus, NJ
The Federation funds Jewish community organizations, schools, and human-service programs focused on care, community safety, Jewish identity, and support for Israel, locally and internationally. Its 2025 grants ranged from $5,276 to $2 million, with a median of $15,000; its stated local service area is Bergen, Hudson, and parts of Passaic Counties. The profile does not state whether it accepts unsolicited requests.
Assets
$103.7M
Grants
105
Total Given
$9.5M
Joseph & Arlene Taub Foundation
Florham Park, NJ
The Joseph & Arlene Taub Foundation supports a range of charitable organizations, including cancer research, emergency medical services, Jewish cultural and educational programs, and public schools. In 2025, grants ranged from $1,000 to $850,000, with a median of $10,000; most funding went to organizations in New York and New Jersey. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$22.3M
Grants
43
Total Given
$1.3M
Navias Family Foundation
Dallas, TX
The Navias Family Foundation supports a broad range of charitable organizations, including social, religious, arts, educational, and medical causes, with the largest share of its 2024 grant dollars going to Colorado, California, Texas, and New York. Its 71 grants ranged from $1,000 to $126,600, with a median of $2,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$6.8M
Grants
71
Total Given
$360K
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Malco Charitable Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Malco Charitable Foundation Inc down — hundreds of funders to go?