Palacios Marine Agricultural Research
SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+4.3% YoY
Annual Giving
$129K
-82.0% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$64K
-55.0% YoY
About Palacios Marine Agricultural Research
Based on IRS filings
Palacios Marine Agricultural Research is a nonprofit organization focused on Science & Technology, based in CORPUS CHRISTI, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 2 grants totaling $129K. Net investment income was $73K.
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 | $4,338,603 | $4,161,718 | $4,022,660 |
| Revenue | $3,215,290 | $2,640,699 | $2,484,282 |
| Expenses | $2,914,311 | $2,834,423 | $1,377,601 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $72,508 | $33,217 | $29,824 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY MCKINNEY | DIRECTOR | 20 | $138,030 |
| CLARK C FLATO | BOARD CHAIRMAN | 8 | — |
| STEPHEN W ALTHEIDE | TREASURER | 5 | — |
| DAVID HOYER | VICE CHAIRMAN | 2 | — |
| JOHN J JOHNSON | SECRETARY | 2 | — |
| DAVID F SUTTER | DIRECTOR | 2 | — |
| JOSE SEVILLA | ADVISORY DIRECTOR | 2 | — |
| KENNETH W TRAWICK | DIRECTOR | 2 | — |
| JAMES MEYN | CHIEF EXECUTIVE OFFICER | 40 | $116,154 |
| GAIL SUTTON | DIRECTOR OF OPERAT. | 40 | $144,220 |
| JOE FOX | FORMER EXECUTIVE DIRECTOR | 40 | $222,078 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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