Palm Foundation
Palm Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.5M in total assets. In 2025, it awarded 2 grants totaling $688K. Net investment income was $1.7M.
Palm Foundation at a glance
In short: Palm Foundation gave $688K across 2 grants in 2025 (avg $344K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $687,500
- -17.4% vs 2024
- Grants made (2025)
- 2
- -60.0% vs 2024
- Average grant
- $343,750
- +106.5% vs 2024
- Median grant
- $343,750
- Total assets
- $11,549,591
- +6.4% vs 2024
- Primary geography
- Ohio (95% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Palm Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Fidelity Charitable Gift Fund ($650K). Together the top 2 received $688K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 11 grants of 18 (61%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Palm Foundation gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $620K (2020) to $873K (2023). In 2025 it made 2 grants totaling $688K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund Cincinnati, OH | General Charitable Purposes | $650,000 |
| Williams College Williamstown, MA | General Charitable Purposes | $37,500 |
Ready to take the next step with Palm Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $11,549,591 | $1,678,115 | $722,500 | $687,500 | 2 | $687,500 | $1,678,115 | $905,801 |
| 2024 | $10,852,276 | $773,130 | $853,978 | $832,500 | 5 | $833,250 | $770,402 | $770,415 |
| 2023 | $10,674,824 | $495,533 | $896,393 | $872,500 | 4 | $873,250 | $492,390 | $755,066 |
| 2022 | $11,075,684 | $1,041,366 | $710,453 | $690,000 | 4 | $690,750 | $1,026,663 | $831,554 |
| 2021 | $10,744,771 | $864,077 | $636,926 | $630,243 | 3 | — | $858,144 | $682,921 |
| 2020 | $10,022,102 | $865,878 | $632,463 | $620,171 | 6 | — | $864,336 | $629,470 |
Under IRS private-foundation payout rules, Palm Foundation reported a distributable amount of $906K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Palm Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gregory K. Palm
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jennifer Palm
Trustee
On filings since 2020
1 hr/week
No compensation reported
Katherine Palm
Trustee
On filings since 2020
1 hr/week
No compensation reported
Susan Rose Palm
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Palm Foundation
How much does Palm Foundation give each year?
Palm Foundation gave $688K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $833K across 5 grants.
How large is Palm Foundation?
Palm Foundation reported $11.5M in total assets on its 2025 IRS Form 990-PF. It paid out $688K in qualifying distributions that year, against a required minimum of $906K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Palm Foundation operate?
Palm Foundation has awarded grants in District of Columbia, Massachusetts, New Hampshire, New York, Ohio.
What is Palm Foundation's EIN?
Palm Foundation's EIN (Employer Identification Number) is 13-3748059. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 17, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Palm Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New York
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Palm Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Palm Foundation down — hundreds of funders to go?