Palm Foundation
Palm Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. In 2024, it awarded 5 grants totaling $833K. Net investment income was $770K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+1.7% YoY
Annual Giving
$833K
-4.6% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$167K
-23.7% YoY
Under IRS private-foundation payout rules, Palm Foundation reported a distributable amount of $770K for 2024 — the minimum it must pay out in qualifying distributions.
About Palm Foundation
Based on IRS filings
Palm Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.9M in total assets. In 2024, it awarded 5 grants totaling $833K. Net investment income was $770K.
Ready to take the next step with Palm Foundation?
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 | $10,852,276 | $10,674,824 | $11,075,684 |
| Revenue | $773,130 | $495,533 | $1,041,366 |
| Expenses | $853,978 | $896,393 | $710,453 |
| Qualifying Distributions | $833,250 | $873,250 | $690,750 |
| Net Investment Income | $770,402 | $492,390 | $1,026,663 |
| Distributable Amount | $770,415 | $755,066 | $831,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fidelity Charitable Gift Fund ($700,000), St Francis Preparatory School ($50,000), Williams College ($37,500).
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul's School Concord, NH | GENERAL CHARITABLE PURPOSES | $15,000 |
| Fidelity Charitable Gift Fund Cincinnati, OH | GENERAL CHARITABLE PURPOSES | $700,000 |
| Williams College Williamstown, MA | General Charitable Purposes | $37,500 |
| Middlesex School Concord, MA | GENERAL CHARITABLE PURPOSES | $30,000 |
| St Francis Preparatory School FRESH MEADOWS, NY | GENERAL CHARITABLE PURPOSES | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY K PALM | TRUSTEE | 1 | — |
| SUSAN ROSE PALM | TRUSTEE | 1 | — |
| KATHERINE PALM | TRUSTEE | 1 | — |
| JENNIFER PALM | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Palm Foundation?
As of 2024, Palm Foundation holds $10.9M in total assets with $773K in annual revenue. It awarded 5 grants totaling $833K in 2024.
Where does Palm Foundation operate?
Palm Foundation has awarded grants in District of Columbia, Massachusetts, New Hampshire, New York, Ohio.
What size grants does Palm Foundation award?
In 2024, Palm Foundation awarded 5 grants totaling $833K — an average of about $167K per grant, based on its IRS Form 990 filings.
How much is Palm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Palm Foundation reported a distributable amount of $770K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Palm Foundation'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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