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Marc And Jeanne Malnati Family Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2019. The principal officer is Evanston Advisors. It holds total assets of $242K. Annual income is reported at $3.5M. Total assets have decreased from $2M in 2019 to $476K in 2023. The foundation is governed by 4 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 2018 to 2023. Grantmaking is concentrated in Illinois. According to available records, Marc And Jeanne Malnati Family Foundation Inc. has made 175 grants totaling $5.7M, with a median grant of $15K. Annual giving has grown from $1.7M in 2021 to $3.9M in 2022. Individual grants have ranged from $107 to $480K, with an average award of $32K. The foundation has supported 74 unique organizations. The foundation primarily supports organizations in Illinois, Florida, New York, which account for 82% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$577
Median Grant
$23K
Average Grant
$35K
Largest Grant
$280K
Based on 24 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.
Marc And Jeanne Malnati Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 175 grants. Its grantmaking reaches organizations primarily in IL, FL, NY.
Marc And Jeanne Malnati Family Foundation Inc. has distributed a total of $5.7M across 175 grants. The median grant size is $15K, with an average of $32K. Individual grants have ranged from $107 to $480K.
Marc And Jeanne Malnati Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marc And Jeanne Malnati Family Foundation Inc. is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marc Malnati | PRESIDENT | $0 | $0 | N/A |
| Jeanne Malnati | VICE PRESIDE | $0 | $0 | N/A |
| Kelsey Malnati Howell | EXECUTIVE DI | $0 | $0 | N/A |
| Keith Cantrell | ASST SECRETA | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$476K
Fair Market Value
$476K
Net Worth
$476K
Grants Paid
$1.8M
Contributions
$1.9M
Net Investment Income
$776K
Distribution Amount
$3K
Total Grants
175
Total Giving
$5.7M
Average Grant
$32K
Median Grant
$15K
Unique Recipients
74
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northwestern Memorial FdnGENERAL FUNDS | Chicago, IL | $430K | 2022 |
| Heartland AllianceREADI CHICAGO | Chicago, IL | $150K | 2022 |
| United Way Of Metro ChicagoCOMMUNITY LEADERSHIP FELLOWS AND GAR | Chicago, IL | $131K | 2022 |
| InherentanceGENERAL | Chicago, IL | $100K | 2022 |
| The Salvation Army ChicagoSTOP-IT PROGRAM AND METRO SOCIAL SER | Chicago, IL | $88K | 2022 |
| Breakthrough Urban MinistriesGENERAL OPERATIONS | Chicago, IL | $60K | 2022 |
| Chicago Foundation For WomenGENERAL | Chicago, IL | $51K | 2022 |
| Academy For Global CitizenshipGENERAL OPERATING | Chicago, IL | $50K | 2022 |
| By The Hand Club For KidsCOUNSELING SERVICES | Chicago, IL | $50K | 2022 |
| BravenGENERAL | Chicago, IL | $50K | 2022 |
| National Louis UniversityGENERAL | Chicago, IL | $50K | 2022 |
| Metropolitan Family ServicesCP4P | Chicago, IL | $50K | 2022 |
| One On OneGENERAL OPERATING | Chicago, IL | $50K | 2022 |
| CollaboractionYOUTH PROGRAMMING | Chicago, IL | $50K | 2022 |
| Together ChicagoCAPACITY BUIDLING | Prospect Heights, IL | $50K | 2022 |
| Foundation UnitedGENERAL OPERATING | Sarasota, FL | $35K | 2022 |
| UcanGENERAL OPERATING | Chicago, IL | $30K | 2022 |
| Chicago SurvivorsGENERAL OPERATING | Chicago, IL | $30K | 2022 |
| The Firehouse DreamGENERAL | Maywood, IL | $30K | 2022 |
| Lawndale Community ChurchGENERAL OPERATING | Chicago, IL | $25K | 2022 |
| Rise InternationalGENERAL OPERATING | Winnetka, IL | $25K | 2022 |
| OnegoalGENERAL OPERATING | Chicago, IL | $25K | 2022 |
| Elyssa'S MissionGENERAL OPERATING | Northbrook, IL | $25K | 2022 |
| The Chicago Community TrustCHICAGO FUND FOR SAFE AND PEACEFUL C | Chicago, IL | $25K | 2022 |
| Starfish Infertility FoundationGENERAL | Old Hickory Tn, TN | $25K | 2022 |