Dana Marie Palumbo Memorial Trust is a private foundation focused on Education, based in FAIRPORT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 1 grants totaling $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52K
+1.5% YoY
Annual Giving
$3K
+20.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3K
+20.0% YoY
Under IRS private-foundation payout rules, Dana Marie Palumbo Memorial Trust reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Dana Marie Palumbo Memorial Trust
Based on IRS filings
Dana Marie Palumbo Memorial Trust is a private foundation focused on Education, based in FAIRPORT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 1 grants totaling $3K.
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 | $51,671 | $50,892 | $53,391 |
| Revenue | $4,402 | $511 | $2,226 |
| Expenses | $3,631 | $3,010 | $3,394 |
| Qualifying Distributions | $3,000 | $2,500 | $2,600 |
| Net Investment Income | — | $631 | $704 |
| Distributable Amount | $2,674 | $2,563 | $2,711 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Thomas Rook ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Thomas Rook Clarence Center, NY | Awarded to High School Student to subsidize a portion of the costs to atte3nd college | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard L Grenolds | Trustee | 0.5 | — |
| Eric Palumbo | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dana Marie Palumbo Memorial Trust?
Dana Marie Palumbo Memorial Trust is a private foundation focused on Education, based in FAIRPORT, NY. It holds $52K in total assets as of 2024.
How large is Dana Marie Palumbo Memorial Trust?
As of 2024, Dana Marie Palumbo Memorial Trust holds $52K in total assets with $4K in annual revenue. It awarded 1 grants totaling $3K in 2024.
Where does Dana Marie Palumbo Memorial Trust operate?
Dana Marie Palumbo Memorial Trust has awarded grants in New York.
What size grants does Dana Marie Palumbo Memorial Trust award?
In 2024, Dana Marie Palumbo Memorial Trust awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Dana Marie Palumbo Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dana Marie Palumbo Memorial Trust reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dana Marie Palumbo Memorial Trust's EIN?
Dana Marie Palumbo Memorial Trust's EIN (Employer Identification Number) is 30-0491167. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dana Marie Palumbo Memorial Trust'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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