Duke Malavenda Foundation Inc
- Assets
- $760.1k
- Revenue
- $968.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-0543174
Organization Overview
Duke Malavenda Foundation Inc is located in Syracuse, NY. 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. Duke Malavenda Foundation Inc 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, Duke Malavenda Foundation Inc generated $968.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $988.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Duke Malavenda Foundation Inc has awarded 20 individual grants totaling $889,000. 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
MERCY WORKS
ON POINT FOR COLLEGE
ST. MATTHEW'S EPISCOPAL CHURCH
THE CENTRAL CURRENT, INC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony J Malavenda Chair | 2 | $0 | |
Kevin M Duke Vice-Chair | 1 | $0 | |
Constance M Wozniak Secretary / Treasurer | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $58,492 |
| Net Gain on Sale of Assets | $775,871 |
| Capital Gain Net Income | $775,871 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $968,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,508 |
| Depreciation | $23,014 |
| Occupancy | $1,485 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,135 |
| Total operating and administrative expenses | $149,502 |
| Contributions, gifts, grants paid | $839,000 |
| Total expenses and disbursements | $988,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $756,573 |
| 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 | $3,568 |
| Total assets | $760,141 |
| 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, Duke Malavenda Foundation Inc has awarded $839,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DUNBAR ASSOCIATION INC PURPOSE: 2022 CONTRIBUTION | $10,000 |
ON POINT FOR COLLEGE PURPOSE: 2021 CONTRIBUTION | $255,000 |
THE CENTRAL CURRENT INC PURPOSE: 2022 CONTRIBUTION | $95,000 |
SOUTH SUDAN VILLAGES CLINIC PURPOSE: 2022 CONTRIBUTION | $10,000 |
VOLUNTEER LAWYERS PROJECT OF CNY PURPOSE: 2022 CONTRIBUTION | $5,000 |
MERCY WORKS PURPOSE: 2022 CONTRIBUTION | $265,000 |