James Maloney Foundation is located in Williamsburg, VA. The organization was established in 2006. 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. James 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, James Maloney Foundation generated $48.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $115.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, James Maloney Foundation has awarded 86 individual grants totaling $406,322. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTS THE ASIAN FESTIVAL TO ENHANCE PUBLIC AWARENESS OF ASIAN NONPROFIT ORGANIZATIONS IN THE AREA IN AN EFFORT TO HELP THEM WITH THEIR FUNDRAISING INITIATIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly A Maloney President | 4 | $0 | |
Peter Kao Vice President/secretary | 12 | $0 | |
Shin Murphy Director | 8 | $0 | |
Ronald Kleveland Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $29,076 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $19,058 |
Capital Gain Net Income | $19,058 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $48,134 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $994 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $14,608 |
Total operating and administrative expenses | $17,152 |
Contributions, gifts, grants paid | $98,000 |
Total expenses and disbursements | $115,152 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $10,652 |
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 | $504,158 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $750,814 |
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 |
Over the last fiscal year, James Maloney Foundation has awarded $98,000 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
HERITAGE HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $4,000 |
JAMES CITY COUNTY POLICE DEPARTMENT PURPOSE: GENERAL SUPPORT | $4,000 |
JAMES CITY-BRUTON VOLUNTEER FIRE DEPARTMENT PURPOSE: NEW RESCUE EQUIPMENT FOR RESCUE 1 AND COVID SUPPLIES | $4,000 |
YORK COUNTY FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $4,000 |
YORK-POQUOSON SHERIFF'S DEPT PURPOSE: GENERAL SUPPORT | $4,000 |
CURE FOR PSP PURPOSE: GENERAL SUPPORT | $25,000 |