The William J Malinchak Foundation
- Assets
- $1.7m
- Revenue
- $105.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Summerland Key, FL
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 65-0367437
Organization Overview
The William J Malinchak Foundation is located in Summerland Key, FL. The organization was established in 1993. 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. William J Malinchak 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, William J Malinchak Foundation generated $105.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $133.2k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 7 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, William J Malinchak Foundation has awarded 267 individual grants totaling $685,620. 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 J Malinchak President | 2 | $34,000 | |
Pamela Malinchak Vice President/secretary | 1 | $0 | |
Robert J Dreker Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,570 |
| Dividends & Interest | $87,246 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,039 |
| Capital Gain Net Income | $9,039 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,599 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,148 |
| Total operating and administrative expenses | $43,447 |
| Contributions, gifts, grants paid | $89,800 |
| Total expenses and disbursements | $133,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,976 |
| Savings and temporary cash investments | $30,082 |
| 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 | $1,718 |
| Total assets | $1,727,302 |
| 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 William J Malinchak Foundation has awarded $89,800 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FOUNDATION FOR THE BLIND PURPOSE: UNRESTRICTED | $4,000 |
FAMILY LIFELINE PURPOSE: UNRESTRICTED | $1,000 |
GREATER MORRISON HISTORICAL SOCIETY PURPOSE: UNRESTRICTED | $2,000 |
GUIDE DOG FDN FOR THE BLIND PURPOSE: UNRESTRICTED | $6,000 |
HILLSDALE COLLEGE PURPOSE: UNRESTRICTED | $1,000 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: UNRESTRICTED | $3,000 |