Malco Charitable Foundation

OVERVIEW: The Malco Charitable Foundation primarily funds grantmaking related to Jewish causes, arts and culture, and health.

IP TAKE: The foundation does not maintain a website, which restricts transparency about grantmaking strategies and guidelines.

PROFILE: Established in 1980, the Malco Charitable Foundation is steered by real estate mogul Neil Malamud and his wife Sandra. Neil is a real estate developer associated with Malco Industries. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. Tax filings suggest that the Malco Charitable Foundation primarily funds grantmaking related to Jewish causes, arts and culture, and health.

The foundation does not have a website to guide grantseekers. A bulk of the foundation’s grantmaking addresses Jewish institutions, particularly local federations in Florida. The couple are involved with the Jewish Federation of Sarasota-Manatee, home to the Neil and Sandra Angel Malamud Family Scholarship Fund. Sandra, meanwhile, was president of Jewish Museum of Florida - FIU, another grantee.

Grants range from $100 to $11,000. In a recent year, the foundation gave away around $22,340. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking primarily focuses on the Sarasota, Florida area. Past local grantees include Temple Beth Sholom, Marie Selby Botanical Gardens, and Boys & Girls Clubs of Sarasota County.

The foundation keeps a low profile and does not accept unsolicited proposals.

PEOPLE:

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CONTACT:

The Malco Charitable Foundation
1717 2nd St., Ste. A
Sarasota, FL 34236
(941 )951-2511