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Robert S Malaga Foundation is a private trust based in CLEVELAND, OH. The foundation received its IRS ruling in 2007. The principal officer is Eugene A Kratus. It holds total assets of $517K. Annual income is reported at $25K. Total assets have grown from $950 in 2011 to $520K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Robert S Malaga Foundation has made 5 grants totaling $175K, with a median grant of $25K. Annual giving has decreased from $50K in 2020 to $25K in 2023. Individual grants have ranged from $25K to $50K, with an average award of $35K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
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.
Robert S Malaga Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH.
Robert S Malaga Foundation has distributed a total of $175K across 5 grants. The median grant size is $25K, with an average of $35K. Individual grants have ranged from $25K to $50K.
Robert S Malaga Foundation typically selects its grantees rather than accepting unsolicited proposals.
Robert S Malaga Foundation is headquartered in CLEVELAND, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John F Herrick Dec'D 102522 | TRUSTEE | $0 | $0 | N/A |
| Susanne K Schambs | TRUSTEE | $0 | $0 | N/A |
| Eugene A Kratus | TRUSTEE | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$520K
Fair Market Value
$520K
Net Worth
$520K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$25K
Total Grants
5
Total Giving
$175K
Average Grant
$35K
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Cleveland Sports Hall Of FameJACK HERRICK YOUTH SPORTS FUND | Cleveland, OH | $25K | 2023 |
| Ohio Living FoundationBRECKENRIDGE VILLAGE WALKING PATH REVITALIZATION PROJECT | Willoughby, OH | $50K | 2021 |