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George And Lucy Malmberg Foundation Trust Agreement is a private trust based in SARASOTA, FL. The foundation received its IRS ruling in 2019. It holds total assets of $12.1M. Annual income is reported at $9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, George And Lucy Malmberg Foundation Trust Agreement has made 15 grants totaling $15.5M, with a median grant of $1M. Annual giving has grown from $500K in 2021 to $2M in 2023. Grantmaking activity was highest in 2022 with $13M distributed across 12 grants. Individual grants have ranged from $500K to $1.5M, with an average award of $1M. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in North Carolina, Pennsylvania, Florida, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
George And Lucy Malmberg Foundation Trust Agreement primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NC, PA, FL.
George And Lucy Malmberg Foundation Trust Agreement has distributed a total of $15.5M across 15 grants. The median grant size is $1M, with an average of $1M. Individual grants have ranged from $500K to $1.5M.
George And Lucy Malmberg Foundation Trust Agreement typically selects its grantees rather than accepting unsolicited proposals.
George And Lucy Malmberg Foundation Trust Agreement is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lucy Malmberg | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$12.2M
Fair Market Value
$14.6M
Net Worth
$12.2M
Grants Paid
$2M
Contributions
$0
Net Investment Income
$313K
Distribution Amount
$714K
Total: $757K
Total Grants
15
Total Giving
$15.5M
Average Grant
$1M
Median Grant
$1M
Unique Recipients
7
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Samaritan'S PurseCHARITY | Boone, NC | $1M | 2023 |
| Cedarville UniversityCHARITY | Cedarville, OH | $1M | 2023 |
| First Church Of Venice LakefrontCHARITY | Venice, FL | $1.5M | 2022 |
| St John Fisher CollegeCHARITY | Rochester, NY | $1M | 2022 |
| Delaware County Christian School FoundationCHARITY | Newtown Square, PA | $1M | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| Day Spring Christian AcademyCHARITY |
| Mountville, PA |
| $1M |
| 2022 |
| Billy Graham Evangalist AssociationCHARITY | Charlotte, NC | $1M | 2022 |
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