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Passes our checks

Malcolm Jenkins Foundation

EIN 27-2996623 · Columbus, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair57 out of 100GovernanceFair56 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 43% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE CORPORATION'S MISSION IS TO EFFECTUATE POSITIVE CHANGE IN THE LIVES OF YOUTH, PARTICULARLY THOSE IN UNDERSERVED COMMUNITIES.

Income
$299,466
Spending
$294,601
Spent on programs
43%
Reserves
2.6 months of spending
Largest source of income
donations and private grants, 100%
Employees
2
Volunteers
150
Highest pay
$29,167, president & ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 57 out of 100. Higher than 24% of charities in its peer group (youth development, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 2% of income.

  • Income trend

    15 of 15

    Income rose 11% on the year before.

  • Spending floor

    0 of 15

    43% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 56 out of 100. Higher than 30% of charities in its peer group (youth development, $250k to $1m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $79,192 spent. SIGNATURE COMMUNITY OUTREACH EVENT GET READY FEST 2024THE GET READY FESTEVENT, HELD IN CAMDEN, NEW JERSEY ON AUGUST 17, 2024, PROVIDED A ONE-DAY COMMUNITY OUTREACH IN WHICH 1000 PRE-IDENTIFIED FAMILIES RECEIVED 60LBS FOOD, FRESH PRODUCE, HEALTH & WELLNESS SCREENINGS AND SERVICES, SCHOOL SUPPLIES, AND OTHER ESSENTIAL SUPPORTS FROM A MULTITUDE OF PUBLIC, PRIVATE AND NONPROFIT ORGANIZATIONS COORDINATED BY THE FOUNDATION.NUMBER OF PERSONS/FAMILIES BENEFITTED: THE EVENT SERVED 1,000 FAMILIES.
  2. $34,825 spent. HOLIDAY DINNER BASKET SURPRISE 2024- PHILADELPHIA, PA IN 2024, THE MALCOLM JENKINS FOUNDATION CONTINUED ITS COMMITMENT TO UPLIFTING FAMILIES DURING THE HOLIDAY SEASON THROUGH THE HOLIDAY DINNER BASKET SURPRISE INITIATIVE.NUMBER OF PERSONS/ FAMILIES BENEFITTED 280 FAMILIES REPRESENTING MORE THAN 1,200 INDIVIDUALS RECEIVED COMPLETE HOLIDAY FOOD BASKETS AND GIFTS FOR 800 CHILDREN UNDER 13.EACH BASKET INCLUDED A TURKEY, ESSENTIAL INGREDIENTS FOR A FULL HOLIDAY MEAL; ALONG WITHAGE-APPROPRIATE TOYS AND GIFTS FOR CHILDREN. THE PROGRAM WAS SUPPORTED THROUGH LOCAL PARTNERSHIPS WITH COMMUNITY GROUPS, SCHOOLS, AND FAITH-BASED ORGANIZATIONS THAT HELPED IDENTIFY FAMILIES MOST IN NEED.ASSOCIATED EXPENSES FOR THE INITIATIVE TOTALED APPROXIMATELY $40,000, COVERING FOOD PROCUREMENT, LOGISTICS, GIFT PURCHASES, AND VOLUNTEER COORDINATION. THE EFFORT WAS MADE POSSIBLE THROUGH THE GENEROSITY OF SPONSORS, DONORS, AND VOLUNTEERS.
  3. $11,538 spent. FINANCIAL LITERACY / CLOSING THE WEALTH GAP PROGRAMTHE PROGRAM SUPPORTS THE FISCAL-SKILLS, INVESTING, CREDIT/DEBT TOPICS, ETC. THE MALCOLM JENKINS FOUNDATION AND MONEY VEHICLE LLC (MV) PARTNERSHIP BRINGS AN ENHANCED FINANCIAL LITERACY CURRICULUM TO EMPOWER HIGH SCHOOL STUDENTS IN PHILADELPHIA, PA, CAMDEN, NJ, COLUMBUS, OH, NEWARK, NJ AS PART OF ITS "CLOSING THE WEALTH GAP" EDUCATION INITIATIVE. THE PARTNERSHIP STRENGTHS THE IMPACT OF MJF'S FINANCIAL LITERACY PROGRAMMING WITH A SEMESTER LONG, 12-WEEK IN-CLASS CURRICULUM POWERED BY MONEY VEHICLE THAT SUPPORTS TEACHER INSTRUCTION AND PROFESSIONAL DEVELOPMENT AND EMPOWERS STUDENT LEARNING AND APPLICATION. THE PROGRAM BENEFITED 905 STUDENTS.
  4. $716 spent. OTHER PROGRAM SERVICE EXPENSES: $716SCHOLARSHIP PROGRAM MALCOLM JENKINS VISIONARY IMPACT SCHOLARSHIP FUND (AT THE OHIO STATE UNIVERSITY)SERVICE / DESCRIPTION: MJF ESTABLISHED THE "MALCOLM JENKINS VISIONARY IMPACT SCHOLARSHIP FUND" AT OHIO STATE UNIVERSITY'S COLLEGE OF ENGINEERING IN 2023. IT PROVIDES SCHOLARSHIPS TO RISING SECOND-YEAR UNDERGRADS WHO ARE FIRST-GENERATION, DEMONSTRATE FINANCIAL NEED OR HAVE OVERCOME SUBSTANTIAL EDUCATIONAL/ECONOMIC OBSTACLES.NUMBER OF PERSONS/BENEFITTED IN 2024: TWO SCHOLARSHIP RECIPIENTS; 2024 SCHOLARSHIP DISTRIBUTION $9,562

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.