EIN 42-1176039

Madden-Mallory Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lu Verne
State
Year formed
1982
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Madden-Mallory Foundation is a private foundation located in Luverne, IA. It primarily funds general support and scholarships for advancing education through interest and dividends. The organization made 40 grants last year to grantees such as the Luverne Betterment Committee and others.
Total revenues
$1,628,811
2023
Total expenses
$180,043
2023
Total assets
$2,220,058
2023
Num. employees
0
2023

Program areas at Madden-Mallory Foundation

Scholarship (see attached schedule for part xv - line 3(a))
Community betterment (see attached schedule for part xv - line 3(a))
Handicap assistance (see attached schedule for part xv - line 3(a))
Interest/dividends: allowed organization to meet purpose of providing scholarships for advancing education. Also allows organization to provide community betterment facilities in the luverne, Iowa area and support area hospice and handicapped facilities.
Net rental income: same as above.
Capital gains: same as above

Grants made by Madden-Mallory Foundation

GranteeGrant descriptionAmount
Twin Lakes Christian CenterGeneral Support$1,500
Kossuth County Food PantryGeneral Support$1,250
Kiwanis International - D00081 Aktion Club of AlgonaGeneral Support$600
...and 3 more grants made

Personnel at Madden-Mallory Foundation

NameTitleCompensation
A David BiblerDirector$100

Financials for Madden-Mallory Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$58,539
Net rental income$-3,709
Net gain from sale of non-inventory assets$1,570,272
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,628,811

Form 990s for Madden-Mallory Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-17990PFView PDF
2022-122023-07-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-07-19990PFView PDF
2019-122021-02-26990PFView PDF
...and 8 more Form 990s
Data update history
August 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
April 6, 2022
Posted financials
Added Form 990PF for fiscal year 2020
May 25, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
C/O Lisa Hefty 1703 - 110th St
Lu Verne, IA 50560
County
Kossuth County, IA
Phone
(515) 882-3624
IRS details
EIN
42-1176039
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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