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Malark Foundation is a private corporation based in ELK RIVER, MN. The foundation received its IRS ruling in 2014. The principal officer is Douglas Malark. It holds total assets of $1.3M. Annual income is reported at $503K. Total assets have grown from $410K in 2014 to $1.3M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and Virginia. According to available records, Malark Foundation has made 35 grants totaling $240K, with a median grant of $1K. Annual giving has grown from $17K in 2020 to $71K in 2023. Grantmaking activity was highest in 2022 with $153K distributed across 20 grants. Individual grants have ranged from $200 to $61K, with an average award of $7K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Minnesota, Pennsylvania, District of Columbia, which account for 77% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$2K
Largest Grant
$15K
Based on 26 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Malark Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in MN, PA, DC.
Malark Foundation has distributed a total of $240K across 35 grants. The median grant size is $1K, with an average of $7K. Individual grants have ranged from $200 to $61K.
Malark Foundation typically selects its grantees rather than accepting unsolicited proposals.
Malark Foundation is headquartered in ELK RIVER, MN. While based in MN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ethan Malark | PRESIDENT | $0 | $0 | N/A |
| Doug Malark | TREASURER | $0 | $0 | N/A |
| Elliot Malark | SECRETARY | $0 | $0 | N/A |
Total Giving
$91K
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$71K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$62K
Total: $1.1M
Total Grants
35
Total Giving
$240K
Average Grant
$7K
Median Grant
$1K
Unique Recipients
23
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Child FundSUPPORT FOR OPERATIONS | Richmond, VA | $732 | 2020 |
| Mayo ClinicLYMPHOMA RESEARCH | Rochester, MN | $30K | 2023 |
| Ronald Mcdonald CharitiesASSIST CAREGIVERS OF SICK CHILDREN | Minneapolis, MN | $20K | 2023 |
| Ride Hard Breathe EasyLUNG CANGER AWARENESS | Warrington, PA | $10K | 2023 |
| Magnus Veterans FoundationPROVIDE FREE SERVICES TO VETERANS | Dayton, MN | $5K | 2023 |
| Compassion ConnectionsSERVES THE FOSTER CARE COMMUNITY | Becker, MN | $2K | 2023 |
| Leukemia & Lymphoma SocietyLYMPHOMA RESEARCH | Rye Brook, NY | $1K | 2023 |
| Grow To GrowASSIST LOCAL TEENS | Minneapolis, MN | $1K | 2023 |
| Options IncASSIST INDIVIDUALS WITH DISABILITIES | Big Lake, MN | $1K | 2023 |
| Acron Hill EaatASSIST INDIVIDUALS WITH DISABILITIES | Motley, MN | $500 | 2023 |
| American Red CrossGENERAL SUPPORT | Arden Hills, MN | $10K | 2022 |
| Heifer InternationalGENERAL SUPPORT | Washington, DC | $2K | 2022 |
| Little People Of AmericaGENERAL SUPPORT | Sonoma, CA | $500 | 2022 |
| Functional Industries Of AmericaGENERAL SUPPORT | Buffalo, MN | $500 | 2022 |
| Princess Warrior FoundationGENERAL SUPPORT | Wadena, MN | $500 | 2022 |
| Hagen CenterGENERAL SUPPORT | St Cloud, MN | $500 | 2022 |
| Will Work For RecoveryGENERAL SUPPORT | Minneapolis, MN | $500 | 2022 |
| Humble Independent School DistrictGOLF CLASSIC | Humble, TX | $500 | 2022 |
| Eden Prairie Assembly Of GodGENERAL SUPPORT | Eden Prairie, MN | $250 | 2022 |
| CeapSUPPORT FOR OPERATIONS | Brooklyn Center, MN | $5K | 2020 |
| Second Harvest HeartlandSUPPORT FOR OPERATIONS | St Paul, MN | $5K | 2020 |
| AspcaSUPPORT FOR OPERATIONS | Washington, DC | $5K | 2020 |
| Muscular Dystrophy AssociationSUPPORT FOR OPERATIONS | Chicago, IL | $1K | 2020 |