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Also known as: MALSTROM
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The Alvin E Malstrom Foundation is a private corporation based in TAYLORSVILLE, UT. The foundation received its IRS ruling in 1997. It holds total assets of $388K. Annual income is reported at $291K. Total assets have grown from $38K in 2011 to $516K in 2023. The foundation is governed by 2 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 Utah and California. According to available records, The Alvin E Malstrom Foundation has made 16 grants totaling $1.3M, with a median grant of $20K. Annual giving has grown from $212K in 2021 to $1.1M in 2022. Individual grants have ranged from $10K to $400K, with an average award of $81K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Utah and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$17K
Average Grant
$45K
Largest Grant
$200K
Based on 6 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.
The Alvin E Malstrom Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in UT, CA.
The Alvin E Malstrom Foundation has distributed a total of $1.3M across 16 grants. The median grant size is $20K, with an average of $81K. Individual grants have ranged from $10K to $400K.
The Alvin E Malstrom Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Alvin E Malstrom Foundation is headquartered in TAYLORSVILLE, UT. While based in UT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan L Sorensen | TRUSTEE | $0 | $0 | N/A |
| Steven B White | PRESIDENT | $0 | $0 | N/A |
Total Giving
$460K
Total Assets
$516K
Fair Market Value
$516K
Net Worth
$516K
Grants Paid
$457K
Contributions
$400K
Net Investment Income
$17K
Distribution Amount
$25K
Total: N/A
Total Grants
16
Total Giving
$1.3M
Average Grant
$81K
Median Grant
$20K
Unique Recipients
7
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners HospitalMEDICAL CARE FOR CHILDREN | Salt Lake City, UT | $50K | 2022 |
| Intermountain FoundationMEDICAL CARE FOR CHILDREN | Salt Lake City, UT | $400K | 2022 |
| Sandy Museum FoundationEDUCATION & HISTORICAL PRESERVATION | Sandy, UT | $35K | 2022 |
| Boys & Girls Club Sandy UtCHILD WELL BEING SUPPORT | Sandy, UT | $20K | 2022 |
| Dimple Dell PreservatonHISTORICAL PRESERVATION | Sandy, UT | $15K | 2022 |
| The Canyon School DistrictEDUCATION | Sandy, UT | $12K | 2022 |
| League Of DreamsDISABLED CHILDREN SUPPORT | Bakersfield, CA | $10K | 2022 |
SALT LAKE CTY, UT
SANDY, UT
SALT LAKE CTY, UT