Wilbur G Malcom Foundation Inc
- Assets
- $469.9k
- Revenue
- $13.9k
- Investments
- $462.7k
- Employees
- 0
- Location
- Warwick, NY
- Founding
- 10/1967
- Data as of
- 12/2023
- EIN
- 13-6227581
Organization Overview
Wilbur G Malcom Foundation Inc is located in Warwick, NY. The organization was established in 1967. 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. Wilbur G Malcom Foundation Inc 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 12/2023, Wilbur G Malcom Foundation Inc generated $13.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wilbur G Malcom Foundation Inc has awarded 206 individual grants totaling $251,302. 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 |
|---|---|---|---|
Tracey Malcolm Brooker President | 1.15 | $1,500 | |
Allyson Malcolm Sullivan Vice-President | 0.1 | $0 | |
Bruce D Malcolm Secretary/treasurer | 0.1 | $0 | |
Bryant D Malcolm Trustee | 0 | $0 | |
Peter Malcolm Trustee (thru - 10/2023) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $94 |
| Dividends & Interest | $13,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128 |
| Capital Gain Net Income | $128 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,940 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,289 |
| Total operating and administrative expenses | $7,385 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $33,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,178 |
| 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 | $111,962 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $469,884 |
| 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, Wilbur G Malcom Foundation Inc has awarded $26,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR SAFETY & CHANGE PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $1,250 |
FISHER HOUSE FOUNDATION INC PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $1,000 |
HISTORICAL SOCIETY OF THE TOWN OF WARWICK PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $250 |
HOSPICE OF ORANGE & SULLIVAN PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $4,000 |
HOUGHTON COLLEGE STUDENT SCHOLARSHIP FUND PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $2,500 |
JOE RASO HOSPICE RESIDENCE PURPOSE: UNRESTRICTED GIFT FOR USE IN EXEMPT PURPOSE | $4,000 |