Carol & Robert J Palle Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$126K
+15.9% YoY
Annual Giving
$7K
-34.1% YoY
Grant Count
8
-27.3% YoY
Avg Grant Size
$906.25
-9.4% YoY
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.
About Carol & Robert J Palle Jr
Based on IRS filings
Carol & Robert J Palle Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $125,994 | $108,732 | $97,536 |
| Revenue | $14,716 | $3,773 | $3,188 |
| Expenses | $8,360 | $12,003 | $12,341 |
| Qualifying Distributions | $7,250 | $11,000 | $11,250 |
| Net Investment Income | $11,449 | $3,773 | $3,188 |
| Distributable Amount | $5,621 | $5,027 | $5,802 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Feeding America ($1,000), Bob Woodruff Family Foundation ($1,000), Tunnel to Towers ($1,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL PALLE' | OFFICER | — | — |
| ROBERT PALLE' | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carol & Robert J Palle Jr?
Carol & Robert J Palle Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREEHOLD, NJ. It holds $126K in total assets as of 2024.
How large is Carol & Robert J Palle Jr?
As of 2024, Carol & Robert J Palle Jr holds $126K in total assets with $15K in annual revenue. It awarded 8 grants totaling $7K in 2024.
Where does Carol & Robert J Palle Jr operate?
Carol & Robert J Palle Jr has awarded grants in Arizona, California, District of Columbia, Illinois, Massachusetts, Maryland, Minnesota, New Jersey, New York, Pennsylvania, South Dakota, Tennessee, Virginia.
What size grants does Carol & Robert J Palle Jr award?
In 2024, Carol & Robert J Palle Jr awarded 8 grants totaling $7K — an average of about $906.25 per grant, based on its IRS Form 990 filings.
How much is Carol & Robert J Palle Jr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol & Robert J Palle Jr reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Carol & Robert J Palle Jr's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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