Joseph & Carolyn Palchak
Joseph & Carolyn Palchak is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANIBEL, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $303K in total assets. In 2024, it awarded 15 grants totaling $298K. Net investment income was $306K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$303K
+38.2% YoY
Annual Giving
$298K
+301.6% YoY
Grant Count
15
+36.4% YoY
Avg Grant Size
$20K
+194.5% YoY
Under IRS private-foundation payout rules, Joseph & Carolyn Palchak reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Joseph & Carolyn Palchak
Based on IRS filings
Joseph & Carolyn Palchak is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANIBEL, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $303K in total assets. In 2024, it awarded 15 grants totaling $298K. Net investment income was $306K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $303,392 | $219,498 | $222,309 |
| Revenue | $384,152 | $72,703 | $5,936 |
| Expenses | $300,258 | $75,514 | $12,012 |
| Qualifying Distributions | $297,650 | $74,115 | $12,000 |
| Net Investment Income | $306,227 | $72,595 | $5,936 |
| Distributable Amount | $30,781 | $16,349 | $13,549 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Penn Trafford Scholarship Fdn ($150,000), Penn Trafford School District ($50,000), Oaklawn Hospital ($26,850).
| Recipient | Purpose | Amount |
|---|---|---|
| FOUNTAIN CLINIC MARSHALL, MI | MEDICAL | $5,000 |
| OAKLAWN HOSPITAL MARSHALL, MI | MEDICAL | $26,850 |
| SANCTUARY GOLF CLUB FDN SANIBEL, FL | PROVIDE HELP AND SCHOLARSHIP GRANTS | $1,000 |
| UNIVERSITY OF NOTRE DAME NOTRE DAME, IN | EDUCATION | $1,000 |
| BGSU MENS GOLF BOWLING GREEN, OH | PROMOTE GOLF | $1,000 |
| PLAY NIGHT SPORTS MARSHALL, MI | PROMOTE SPORTS | $10,000 |
| ST MARY PARISH MARSHALL, MI | RELIGIOUS ACTIVITIES | $25,000 |
| MARSHALL CHORAL SOCIETY MARSHALL, MI | CREATE JOY THROUGH MUSIC | $2,300 |
| U FLORIDA ATHLETICS GAINESVILLE, FL | WOMEN'S GOLF | $1,000 |
| ST ANDREWS CATHOLIC SCHOOL SALINE, MI | LIBRARY FOUNDATION | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH PALCHAK | DIRECTOR, PR | — | — |
| CAROLYN PALCHAK | SECRETARY, T | — | — |
| ELIZABETH PALCHAK | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joseph & Carolyn Palchak?
Joseph & Carolyn Palchak is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANIBEL, FL. It holds $303K in total assets as of 2024.
How large is Joseph & Carolyn Palchak?
As of 2024, Joseph & Carolyn Palchak holds $303K in total assets with $384K in annual revenue. It awarded 15 grants totaling $298K in 2024.
Where does Joseph & Carolyn Palchak operate?
Joseph & Carolyn Palchak has awarded grants in District of Columbia, Florida, Illinois, Indiana, Michigan, New York, Ohio, Pennsylvania.
What size grants does Joseph & Carolyn Palchak award?
In 2024, Joseph & Carolyn Palchak awarded 15 grants totaling $298K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Joseph & Carolyn Palchak required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joseph & Carolyn Palchak reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joseph & Carolyn Palchak's EIN?
Joseph & Carolyn Palchak's EIN (Employer Identification Number) is 82-4004882. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Joseph & Carolyn Palchak's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.