Malloy Foundation
- Assets
- $2.0m
- Revenue
- $146.9k
- Investments
- $2.0m
- Employees
- 0
- Location
- Cheraw, SC
- Founding
- 12/1953
- Data as of
- 10/2023
- EIN
- 57-6021142
Organization Overview
Malloy Foundation is located in Cheraw, SC. The organization was established in 1953. 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. Malloy 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 10/2023, Malloy Foundation generated $146.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $109.1k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Malloy Foundation has awarded 310 individual grants totaling $385,299. 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 |
|---|---|---|---|
William M Malloy Jr Chairman | 1 | $0 | |
H Malloy Evans Sec. & Treas | 0.5 | $0 | |
Susan Malloy Trustee | 1 | $0 | |
Kappie Griggs Trustee | 0.5 | $0 | |
Ashley M Driggers Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,939 |
| Dividends & Interest | $91,517 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,971 |
| Capital Gain Net Income | $38,971 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,466 |
| Total Revenue | $146,893 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $666 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66 |
| Total operating and administrative expenses | $9,840 |
| Contributions, gifts, grants paid | $99,300 |
| Total expenses and disbursements | $109,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,963 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,045,951 |
| 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, Malloy Foundation has awarded $99,300 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY R PURPOSE: CONTRIBUTION TO 501(C)(3) | $500 |
AMERICAN LUNG ASSOCIATION PURPOSE: CONTRIBUTION TO 501(C)(3) | $400 |
AMERICAN CANCER SOCIETY PURPOSE: CONTRIBUTION TO 501(C)(3) | $600 |
AMERICAN RED CROSS PURPOSE: CONTRIBUTION TO 501(C)(3) | $600 |
AMERICAN RED CROSS PEE DE PURPOSE: CONTRIBUTION TO 501(C)(3) | $400 |
AMIKIDS SAND HILLS PURPOSE: CONTRIBUTION TO 501(C)(3) | $600 |