James Maloney Foundation
- Assets
- $817.8k
- Revenue
- $78.2k
- Investments
- $794.0k
- Employees
- 0
- Location
- Williamsburg, VA
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-3957354
Organization Overview
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 12/2021, James Maloney Foundation generated $78.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $54.3k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 6 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, James Maloney Foundation has awarded 84 individual grants totaling $359,522. 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shin Murphy Director | 8 | $0 | |
Kimberly A Maloney President | 4 | $0 | |
Peter Kao Vice President/secretary | 12 | $0 | |
Ronald Kleveland Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,061 |
| Capital Gain Net Income | $52,061 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,168 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $488 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,536 |
| Total operating and administrative expenses | $13,499 |
| Contributions, gifts, grants paid | $40,827 |
| Total expenses and disbursements | $54,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,819 |
| 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 | $502,633 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $817,832 |
| 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, James Maloney Foundation has awarded $40,827 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JAMES CITY-BRUTON VOLUNTEER FIRE DEPARTMENT PURPOSE: NEW RESCUE EQUIPMENT FOR RESCUE 1 AND COVID SUPPLIES | $25,827 |
Richmond, VA PURPOSE: GENERAL SUPPORT | $5,000 |
JAMES CITY COUNTY POLICE DEPARTMENT PURPOSE: GENERAL SUPPORT | $2,500 |
YORK COUNTY FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $2,500 |
YORK-POQUOSON SHERIFF'S DEPT PURPOSE: GENERAL SUPPORT | $2,500 |
Williamsburg, VA PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |