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 |