Malin Fam Foundation Tr
- Assets
- $370.9k
- Revenue
- $55.3k
- Investments
- $341.5k
- Employees
- 0
- Location
- Portsmouth, RI
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 05-6096498
Organization Overview
Malin Fam Foundation Tr is located in Portsmouth, RI. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Malin Fam Foundation Tr 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 12/2021, Malin Fam Foundation Tr generated $55.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $47.6k during the year ending 12/2021. While expenses have increased by 11.9% per year over the past 7 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 2014, Malin Fam Foundation Tr has awarded 95 individual grants totaling $266,717. 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 |
|---|---|---|---|
Judith A Malin Manager | 5 | $0 | |
David M Malin Manager | 5 | $0 | |
Robert D Malin Manager | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $13,077 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,234 |
| Capital Gain Net Income | $42,234 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,314 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $600 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $47,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,423 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $316,686 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $370,897 |
| 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, Malin Fam Foundation Tr has awarded $47,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY OF CAPE COD PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $6,000 |
NEEDY FUND PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $5,000 |
FAMILY PANTRY OF CAPE COD PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $5,000 |
THE OUTREACH PROGRAM PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $5,000 |
Fort Bragg, CA PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $5,000 |
New York, NY PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $4,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Malin Fam Foundation Tr has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Severus Foundation Corp Kingston, NY PURPOSE: UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunt Street Fund Inc Needham, MA | $102,244,956 | $9,516,120 |
James L Vincent Foundation Boston, MA | $11,098,257 | $1,513,039 |
The Grossman Family Foundation Cos Cob, CT | $140,113,231 | $7,972,359 |
Rose Foundation Boston, MA | $41,865 | $2,354,068 |
Irene E And George A Davis Foundation Springfield, MA | $74,799,666 | $13,067,801 |
Mccall Foundation Inc Torrington, CT | $4,589,378 | $6,967,747 |
Chorus Inc Boston, MA | $2,341,319 | $7,400,301 |
New North Citizens Council Springfield, MA | $3,852,208 | $8,039,203 |
Leslie B Barrett Foundation Stamford, CT | $0 | $391,427 |
Shaich Family Foundation Brookline, MA | $82,077,495 | $6,635,871 |
Cardinal Brook Trust Boston, MA | $0 | $3,583,411 |
Azcat Foundation Greenwich, CT | $63,379,859 | $15,943,989 |