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On April 30, 2021, the name’s sake of the foundation, Maleka C Stephens lost her 2-year battle with cancer.  The Maleka C Stephens Foundation was created by her husband to continue her legacy and embody her charitable efforts she fulfilled throughout her lifetime.


Maleka was born and raised in Queens, NY.  At a young age, she developed a passion for numbers, which led her to earn her degree in Accounting from SUNY Old Westbury.  Upon graduating, she worked for 10-years as a corporate accountant.  Throughout her career, she took great pride in educating young African American students about the accounting profession.  Also, she mentored young black accounting professionals within the corporate environment. 


Maleka started and nurtured her charitable spirit while as a lifelong member of Salem Missionary Baptist Church.  Since a young girl, she performed any responsibility to assist with the functionality of the church.  As an adult, she became a member of the Board of Trustees and performed all financial duties for the organization.  Additionally, she served as the financial officer for the Mary Mcleod Bethune Educational Council.  The educational council provides monthly stipends to college students that are members of the church.  Maleka had a deep admiration for helping the students receive their monthly checks, which assisted them with their college living expenses.


While attending SUNY Old Westbury, she met her husband and life partner of 29 years, Gary Stephens.  Together, they co-founded a full-service business & financial consulting company name SMG Consulting Group, which the SMG of the company’s name represents their initials Stephens, Maleka & Gary.   Since 2001, SMG Consulting Group has helped individuals with their financial affairs as well as helped entrepreneurs with starting, managing and growing their business.


The Maleka C Stephens Foundation intends to publicly continue the private generosity administered to people and organizations throughout a 29-year matrimony between Maleka & Gary Stephens.  Thus, the foundation shall continue to give back to our underserved communities by providing mentorship to young black students & professionals, providing financial grants to college students, helping individuals with understanding financial literacy, assisting minorities with entrepreneurship, and supporting youth sports programs and Historically Black Colleges & Universities (HBCUs) athletic programs.  More importantly, the foundation aims to provide insight on preventive health care to attempt to avoid and beat diseases such as cancer.


A donation of any size will help us to execute and achieve the charitable services to our targeted audience.

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