Palm Healthcare Foundation Inc logo

Palm Healthcare Foundation Inc

WEST PALM BEACH, FL EIN: 59-2391119 Website

Palm Healthcare Foundation is a community health foundation based in West Palm Beach, Florida, serving Palm Beach County. Established in 2001 as the successor to Good Samaritan Foundation and St. Mary's Hospital Foundation, it operates as a hospital conversion foundation—created from the proceeds of the sale of two nonprofit hospitals. The foundation functions as Palm Beach County's community foundation for health, bringing together community members, philanthropists, institutions, and nonprofits to address local health challenges.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$95.0M

+5.5% YoY

Annual Giving

$2.8M

+13.8% YoY

Grant Count

39

-18.8% YoY

Avg Grant Size

$72K

+40.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: We inspire and fund solutions for better health in Palm Beach County through community collaboration.

Vision: All Palm Beach County residents have opportunities to thrive and reach their full health potential.

The foundation organizes its work around three primary program areas:

Building a Culture of Health: Supporting community health initiatives that promote the adoption of healthy lifestyles and address the social, economic, and environmental factors that impact health in Palm Beach County neighborhoods.

Advancing Brain Health: Inspiring unique partnerships and innovative networks between brain science institutions, community members, and care settings to position Palm Beach County as a national leader in promoting brain health.

Strengthening the Health Professions: Supporting educational programs including scholarships and trainings that improve the quality of care in clinical and community-based settings.

Grantmaking

The foundation shifted its grantmaking approach in 2012 from traditional responsive grantmaking to a more strategic, invitation-only model focused on systems change and generational transformation.

Grant Range

** $2,000 to $1,000,000+

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Geographic Focus

Where this funder awards grants

Palm Beach County, Florida exclusively. The foundation serves all of Palm Beach County, a county of approximately 1,496,000 residents characterized by significant economic and demographic diversity, including wealthy coastal communities and agricultural areas with migrant worker populations.

Grant Distribution by State

4states

Cities

Belle GladeBoca RatonBoynton BeachChicagoClaymontCoconut CreekDeerfield BeachDelray BeachGreenacresJupiterLake WorthLantanaLoxahatchee GrovesLymeMiamiNorth Palm BeachOcean RidgePalm BeachPalm Beach GardensPort St Lucie

Financial History

Multi-year comparison from IRS filings

Assets: $90,051,072 (2024); $88 million (alternate source)

Total Revenues: $11,369,077 (2024)

Total Expenses: $5,727,767 (2024)

Annual Giving: $2.7 million (2024 grant investments)

Staff: 15 employees (2024); 9 staff (alternate source)

Tax Status: 501(c)(3) nonprofit organization

EIN: 59-2391119

Year Formed: 1984 (tax-exempt status); 2001 (as successor foundation)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$13M202020212022202320242025
Metric202520242023
Total Assets$94,979,982$90,051,072$85,858,257
Revenue$9,779,641$11,369,077$1,993,608
Expenses$5,949,342$5,727,767$5,097,890
Qualifying Distributions
Net Investment Income$7,968,750$9,827,214$1,125,436
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$819K$2M$2M$3M27 grants202034 grants202134 grants202246 grants202348 grants202439 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

George Snow Scholarship …$628KPathways to Prosperity$392KEnvision Kindness Inc$218KCommunity Partners of So…$204KFor the Children Inc$175KUniversity of Miami Mill…$93KCatchafire Inc$90KAnn Norton Sculpture Gar…$84KFlorida Atlantic Univers…$70KCox Science Center and A…$68K

Grant Size Distribution

201 grants across all recorded years

149<$50K29$50–100K11$100–250K8$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Patrick McNamara – President and CEO

Heather DeStefano – Director of Grants and Community Partnerships (appointed October 2023). DeStefano brings 14 years of experience as a behavioral health clinician and administrator serving Palm Beach County's health and human services organizations, and serves as an adjunct instructor at Palm Beach State College.

Compensation Overview

From 2025 IRS filing

Patrick J McNamara L…President & CEO$320KAbigail GoodwinExec VP$156K

From 2025 filing

NameTitleHoursCompensation
Dr Marsha Fishbane MDChair1
Christine Koehn PhDVice Chair1
Nathan Nason EsqTreasurer1
Frances FisherSecretary1
Jyothi Gunta MDTrustee1
Lisa Wiese PhDTrustee1
Andrea Stephenson-Royster MBA MTrustee1
Ellen AndelTrustee1
Mark Elhilow CPA PFSTrustee1
Clarence Williams JDTrustee1
Barbara James MBATrustee1
Stephen Zaloom EsqTrustee1
Naelys Luna PhDTrustee1
Clovis MoodieTrustee1
Julie Fisher CummingsTrustee1
Abigail GoodwinExec VP40$156,466
Patrick J McNamara LCSWPresident & CEO40$319,979

Recent News & Activity

Recent developments and announcements

**CVS Health Foundation Partnership:** Received a $1 million grant from CVS Health Foundation as part of its new healthy aging initiative

CVS Health Foundation grants Palm Health Foundation $1 million

**Healthier Glades Initiative:** Celebrating six years of community mini-grants unlocking community strengths

**Scholarship Programs:** Actively recruiting nursing and behavioral health professions scholarship applicants

Palm Health Foundation's 2022 Scholarship Reception
2020

**Recognition:** Winner of the 2020-2021 Robert Wood Johnson Foundation Culture of Health Prize

CVS Health Foundation grants Palm Health Foundation $1 million

Contact Information

Address: 700 S. Dixie Highway, Suite 205, West Palm Beach, FL 33401

Phone: 561-833-6333

Email: info@phfpbc.org

Website: www.palmhealthfoundation.org

Hours: Monday-Friday, 8:30 AM - 5:00 PM

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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