William E Maloney Foundation
- Assets
- $807.7k
- Revenue
- $20.5k
- Investments
- $652.6k
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 04-6131998
Organization Overview
William E Maloney Foundation is located in Lexington, MA. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William E Maloney Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, William E Maloney Foundation generated $20.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $72.1k during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William E Maloney Foundation has awarded 124 individual grants totaling $379,421. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Maloney Trustee | 0.2 | $0 | |
Shannon M Deguglielmo Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $22,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,341 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,485 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $372 |
| Total operating and administrative expenses | $9,566 |
| Contributions, gifts, grants paid | $62,500 |
| Total expenses and disbursements | $72,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,093 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $111,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $652,558 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $807,651 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, William E Maloney Foundation has awarded $62,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELICA WATSON PURPOSE: TUITION | $2,000 |
BEDFORD ATHLETIC ASSOCIATION PURPOSE: SUPPORTS STUDENT ATHLETES AND ATHLETIC PROGRAMS FROM BEDFORD HIGH SCHOOL. | $500 |
BOND-BARDES CHILDREN'S COLLEGE SAVINGS PLAN (MANAGED BY FIDELITY) PURPOSE: PROVIDES SUPPORT VIA EDUCATION FUND. | $2,500 |
ARLINGTON BOYS AND GIRLS CLUB PURPOSE: SUPPORTS YOUTH ACTIVITIES IN THE ARLINGTON COMMUNITY. | $1,000 |
BOSTON BRUINS CHARITABLE FOUNDATION PURPOSE: SUPPORTS THE MISSION OF HEALTH AND WELLNESS THROUGH COLLABORATION WITH OTHER CHARITABLE ORGANIZATIONS. | $5,000 |
CRISTO REY HIGH SCHOOL PURPOSE: SUPPORTS YOUTH ACTIVITIES VIA SCHOLARSHIP FUND. | $2,500 |