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Also known as: FOUNDATION INC
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Malmar Knowles Family Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2017. It holds total assets of $1.8M. Annual income is reported at $526K. Total assets have grown from $294K in 2015 to $1.7M in 2023. The foundation is governed by 2 officers and trustees. Identify and nurture highly talented youth in developing countries who have the potential to make a positive difference in their communities and countries. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Georgia. According to available records, Malmar Knowles Family Foundation Inc. has made 13 grants totaling $175K, with a median grant of $10K. Annual giving has decreased from $57K in 2020 to $9K in 2023. Grantmaking activity was highest in 2022 with $61K distributed across 4 grants. Individual grants have ranged from $4K to $26K, with an average award of $13K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$12K
Average Grant
$12K
Largest Grant
$18K
Based on 4 grants from the most recent 990-PF filing.
Identify and nurture highly talented youth in developing countries who have the potential to make a positive difference in their communities and countries.
Expenses: $97K
Identify and nurture highly talented youth in developing countries who have the potential to make a positive difference in their communities and countries. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in GA.
Malmar Knowles Family Foundation Inc. has distributed a total of $175K across 13 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $4K to $26K.
Malmar Knowles Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is OCTOBER 15TH ANNUALLY..
Malmar Knowles Family Foundation Inc. is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sherry Knowles | PRESIDENT | $0 | $0 | N/A |
| Christopher Zalesky | VICE PRES. | $0 | $0 | N/A |
Total Giving
$276K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$9K
Contributions
$313K
Net Investment Income
N/A
Distribution Amount
$82K
Total: $1.3M
Total Grants
13
Total Giving
$175K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ahmad Shah NawazyEDUCATIONAL ADVANCEMENT | Atlanta, GA | $5K | 2023 |
| Ray Hein Hiet OoEDUCATIONAL ADVANCEMENT | Atlanta, GA | $4K | 2023 |
| Joel OdataEDUCATIONAL ADVANCEMENT | Atlanta, GA | $22K | 2022 |
| Brightstar Kasyoka NgunoEDUCATIONAL ADVANCEMENT | Atlanta, GA | $21K | 2022 |
| Tabitha NakholiEDUCATIONAL ADVANCEMENT | Atlanta, GA | $10K | 2022 |
| Mahri BatyrovaEDUCATIONAL ADVANCEMENT | Atlanta, GA | $8K | 2022 |
| Daniel OchiengEDUCATIONAL ADVANCEMENT | Atlanta, GA | $18K | 2021 |
| Huong NguyenEDUCATIONAL ADVANCEMENT | Atlanta, GA | $6K | 2021 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA