Malone Family Land Preservation Foundation

Organization Overview

Malone Family Land Preservation Foundation is located in Hobe Sound, FL. The organization was established in 2003. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Malone Family Land Preservation 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, Malone Family Land Preservation Foundation generated $946.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.8%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SPENT MONEY TO MAINTAIN PROPERTY THAT IS BEING PROTECTED IN CANADA FROM FUTURE DEVELOPMENT.


THE FOUNDATION PURCHASED ASSETS AND INCURRED ADMINISTRATIVE EXPENSES FOR THE PURPOSE OF RUNNING A JOINT PROJECT WITH THE LAND INSTITUTE.


SEE ALSO THE RESPONSES TO THE QUESTIONS IN PART XI


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $5,239
Net Rental Income$0
Net Gain on Sale of Assets $34
Capital Gain Net Income $34
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $941,190
Total Revenue $946,463

Grants Awarded

Over the last fiscal year, Malone Family Land Preservation Foundation has awarded $501,900 in support to 2 organizations.

Grant RecipientAmount

THE CONSERVATION FUND

PURPOSE: LOXA-LUCIE PROJECT

$500,000

ARKANSAS VALLEY FAIR 4-H

PURPOSE: GENERAL DONATION

$1,900
View Grant Profile

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