Carol & Robert J Palle Jr
Carol & Robert J Palle Jr is a private foundation, based in Freehold, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $126K in total assets. In 2024, it awarded 8 grants totaling $7K. Net investment income was $11K.
Carol & Robert J Palle Jr at a glance
In short: Carol & Robert J Palle Jr gave $7K across 8 grants in 2024 (avg $906.25), top state New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,250
- -34.1% vs 2023
- Grants made (2024)
- 8
- -27.3% vs 2023
- Average grant
- $906
- -9.4% vs 2023
- Median grant
- $1,000
- Total assets
- $125,994
- +15.9% vs 2023
- Primary geography
- New York (28% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Carol & Robert J Palle Jr funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Feeding America ($1K). Together the top 8 received $7K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 46 grants of 46 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
How Carol & Robert J Palle Jr gives
- Giving fell 40% from 2021 to 2024. Method
- In 2024 it paid out 129% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2020) to $12K (2021). In 2024 it made 8 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Feeding America Chicago, IL | Charitable Purposes | $1,000 |
| Bob Woodruff Family Foundation Long Island City, NY | Charitable Purposes | $1,000 |
| Tunnel to Towers Staten Island, NY | Charitable Purposes | $1,000 |
| Gary Sinise Foundation Nashville, TN | Charitable Purposes | $1,000 |
| Memorial Sloan Kettering Hagerstown, MD | Charitable Purposes | $1,000 |
| Good 360 Alexandria, VA | Charitable Purposes | $1,000 |
| BPA Dr a E Forsyth Chapter Willingboro, NJ | Charitable Purposes | $1,000 |
| Heartstrings Tinton Falls, NJ | Charitable Purposes | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $125,994 | $14,716 | $8,360 | $7,250 | 8 | $7,250 | $11,449 | $5,621 |
| 2023 | $108,732 | $3,773 | $12,003 | $11,000 | 11 | $11,000 | $3,773 | $5,027 |
| 2022 | $97,536 | $3,188 | $12,341 | $11,250 | 12 | $11,250 | $3,188 | $5,802 |
| 2021 | $139,854 | $13,600 | $12,166 | $12,000 | 10 | $12,000 | $13,579 | $6,485 |
| 2020 | $131,186 | $10,411 | $5,199 | $5,000 | 5 | — | $10,386 | $5,761 |
Under IRS private-foundation payout rules, Carol & Robert J Palle Jr reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carol & Robert J Palle Jr's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carol Palle'
Officer
On filings since 2020
No compensation reported
Robert Palle'
Officer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carol & Robert J Palle Jr
How much does Carol & Robert J Palle Jr give each year?
Carol & Robert J Palle Jr gave $7K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 11 grants.
What is Carol & Robert J Palle Jr's typical grant size?
Carol & Robert J Palle Jr's median grant in 2024 was $1,000, and its average grant was $906, across 8 grants on its 2024 IRS Form 990-PF.
Where does Carol & Robert J Palle Jr give grants?
Carol & Robert J Palle Jr's top state is New York, with 28% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (17%) and Illinois (14%).
Who are Carol & Robert J Palle Jr's largest grantees?
Carol & Robert J Palle Jr's largest 2024 grantees include Feeding America ($1,000), Bob Woodruff Family Foundation ($1,000) and Tunnel to Towers ($1,000), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is Carol & Robert J Palle Jr?
Carol & Robert J Palle Jr reported $126K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is Carol & Robert J Palle Jr's EIN?
Carol & Robert J Palle Jr's EIN (Employer Identification Number) is 23-7993619. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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