The Malone Family Foundation
The Malone Family Foundation is a private foundation based in Hobe Sound, Florida. It describes its work as using hockey’s “healing power” to support people’s well-being and growth.
Key facts about The Malone Family Foundation
In short: The Malone Family Foundation gave $3.2M across 4 grants in 2024 (avg $805K), mostly in Maine. Source: 2024 IRS Form 990-PF.
- EIN
- 84-1408520
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,221,440
- Grants made (2024)
- 4
- Average grant
- $805,360
- Median grant
- $585,720
- Total assets
- $88,301,151
- Primary geography
- Maine (62% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88.3M
-1.4% YoY
Annual Giving
$3.2M
-89.1% YoY
Grant Count
4
-92.7% YoY
Avg Grant Size
$805K
+50.2% YoY
Under IRS private-foundation payout rules, The Malone Family Foundation reported a distributable amount of $6.9M for 2024 — the minimum it must pay out in qualifying distributions.
How The Malone Family Foundation gives
- Giving fell 51% from 2021 to 2024. Method
- In 2024 it paid out 47% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s mission is to use hockey as a positive force in people’s lives, helping them thrive on and off the ice. It aims to make hockey more financially accessible to people and organizations lacking funds, equipment, or facilities; support veterans, active-duty military, first responders, and their families; and promote wellness through education and activities focused on nutrition, mental health, and an active mind, body, and spirit.
The foundation’s Warrior Hockey Academy is a one-day program for local veterans, active-duty military, and first responders. It offers on-ice and off-ice sessions at no cost to participants, with activities such as skill development, mindfulness, nutrition guidance, yoga, and recovery. The website reports that the first Academy was held in Minnesota in May 2024 and that later Academies were hosted in Pittsburgh and Tampa.
Grantmaking
In 2024, the foundation reported four grants totaling $3,221,440. Grant amounts ranged from $50,000 to $2,000,000, with a median of $585,720. The largest grants were $2,000,000 to Boothbay Region YMCA in Boothbay Harbor, Maine, for general purposes, and $1,121,440 to Harmony Amateur Sports Foundation in Englewood, Colorado, for a restricted purpose. It also gave $50,000 each to DSST Public Schools Foundation in Minneapolis, Minnesota, and Global Down Syndrome Foundation in Denver, Colorado, for general purposes.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The Malone Family Foundation?
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went to recipients in Maine (62%), Colorado (36%), and Minnesota (2%). The foundation’s website also reports Warrior Hockey Academy events in Minnesota, Pittsburgh, and Tampa.
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.2M (2020) to $29.5M (2023). In 2024 it made 4 grants totaling $3.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Boothbay Region YMCA ($2.0M). Together the top 4 received $3.2M.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was in the $500K–1M range: 50 grants of 72 (69%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boothbay Region YMCA Boothbay Harbor, ME | General | $2,000,000 |
| Harmony Amatuer Sports Foundation Englewood, CO | Restricted | $1,121,440 |
| DSST Public Schools Fdn Minneapolis, MN | General | $50,000 |
| Global Down Syndrome Fdn Denver, CO | General | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2022 | $111,327,398 | $8,760,105 | $9,096,867 | $7,206,432 |
| 2023 | $89,593,032 | $9,362,873 | $31,097,241 | $29,491,736 |
| 2024 | $88,301,151 | $3,705,386 | $4,996,084 | $3,221,440 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $88,301,151 | $89,593,032 | $111,327,398 |
| Revenue | $3,705,386 | $9,362,873 | $8,760,105 |
| Expenses | $4,996,084 | $31,097,241 | $9,096,867 |
| Qualifying Distributions | $3,230,125 | $29,505,835 | $7,208,432 |
| Net Investment Income | $2,020,239 | $10,729,834 | $4,816,266 |
| Distributable Amount | $6,869,947 | $6,301,962 | $7,240,742 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John C. Malone as chairman and treasurer, Leslie A. Malone as secretary, and Evan Malone as president.
The Malone Family Foundation is led by Evan Malone, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Evan Malone
President
On filings since 2020
0.1 hrs/week
No compensation reported
John C. Malone
Chairman & Treasurer
On filings since 2020
0.8 hrs/week
No compensation reported
Leslie A. Malone
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 440 South Beach Rd, Hobe Sound, FL 33455
Phone: (720) 875-5201
Website: https://themalonefamilyfdn.org
Frequently asked questions about The Malone Family Foundation
How much does The Malone Family Foundation give each year?
The Malone Family Foundation gave $3.2M across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $29.5M across 55 grants.
What is The Malone Family Foundation's typical grant size?
The Malone Family Foundation's median grant in 2024 was $585,720, and its average grant was $805,360, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Malone Family Foundation give grants?
The Malone Family Foundation gives mostly in Maine: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Colorado (36%).
Does The Malone Family Foundation give general operating support?
Yes: 75% of The Malone Family Foundation's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Malone Family Foundation?
The Malone Family Foundation reported $88.3M in total assets on its 2024 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $6.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Malone Family Foundation fund?
The foundation’s mission is to use hockey as a positive force in people’s lives, helping them thrive on and off the ice. See mission & focus areas ↑
How do I apply for a grant from The Malone Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Malone Family Foundation's EIN?
The Malone Family Foundation's EIN (Employer Identification Number) is 84-1408520. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Malone Family Foundation 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.
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