The Malmud-Kravitz Foundation
- Assets
- $540.9k
- Revenue
- $111.9k
- Investments
- $509.2k
- Employees
- 0
- Location
- Rydal, PA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-6697115
Organization Overview
The Malmud-Kravitz Foundation is located in Rydal, PA. The organization was established in 2009. 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. Malmud-Kravitz 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, Malmud-Kravitz Foundation generated $111.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $55.5k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 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 2019, Malmud-Kravitz Foundation has awarded 55 individual grants totaling $228,652. 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 |
|---|---|---|---|
Elsa C Malmud Trustee | 1 | $0 | |
Leon S Malmud Trustee | 1 | $0 | |
Susan N Malmud Trustee | 1 | $0 | |
Gail M Kravitz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,272 |
| Interest on Savings | $484 |
| Dividends & Interest | $14,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,282 |
| Capital Gain Net Income | $47,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $110 |
| Other expenses | $1,800 |
| Total operating and administrative expenses | $7,710 |
| Contributions, gifts, grants paid | $47,837 |
| Total expenses and disbursements | $55,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,719 |
| 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 | $509,220 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $540,939 |
| 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, The Malmud-Kravitz Foundation has awarded $47,837 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AJC GLOBAL JEWISH ADVOCACY PURPOSE: GENERAL | $7,900 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL | $1,250 |
DREXEL UNIVERISTY PURPOSE: GENERAL | $2,300 |
DRIZIN WEISS PURPOSE: GENERAL | $300 |
JEWISH FEDERATION OF PHILADELPHIA PURPOSE: GENERAL | $3,000 |
MISCELLANEOUS CONTRIBUTIONS TO 501(C)(3) CHARITIES OF 100 OR LESS PURPOSE: GENERAL | $4,652 |