Palmer Charitable Trust Melvin & Mary
Palmer Charitable Trust Melvin & Mary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 6 grants totaling $111K. Net investment income was $173K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
+2.3% YoY
Annual Giving
$111K
-1.3% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$19K
-1.3% YoY
Under IRS private-foundation payout rules, Palmer Charitable Trust Melvin & Mary reported a distributable amount of $142K for 2025 — the minimum it must pay out in qualifying distributions.
About Palmer Charitable Trust Melvin & Mary
Based on IRS filings
Palmer Charitable Trust Melvin & Mary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 6 grants totaling $111K. Net investment income was $173K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,794,609 | $1,753,460 | $1,701,632 |
| Revenue | $189,082 | $193,908 | $88,417 |
| Expenses | $147,845 | $141,835 | $159,405 |
| Qualifying Distributions | $127,373 | $126,449 | $142,765 |
| Net Investment Income | $172,540 | $178,759 | $74,870 |
| Distributable Amount | $142,139 | $125,040 | $125,772 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Beloit Health System Foundation Inc ($30,857), United Way Blackhawk Region ($30,857), Stateline Community Foundation ($22,216).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF WISCONSIN FOUNDATION MADISON, WI | PROGRAM SUPPORT | $12,341 |
| FIRST CONGREGATIONAL CHURCH BELOIT, WI | PROGRAM SUPPORT | $2,466 |
| BELOIT HEALTH SYSTEM FOUNDATION INC BELOIT, WI | PROGRAM SUPPORT | $30,857 |
| STATELINE COMMUNITY FOUNDATION BELOIT, WI | PROGRAM SUPPORT | $22,216 |
| UNITED WAY BLACKHAWK REGION JANESVILLE, WI | PROGRAM SUPPORT | $30,857 |
| MAYO CLINIC ROCHESTER, MN | PROGRAM SUPPORT | $12,341 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BMO BANK N A | TRUSTEE | 1 | $32,591 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Palmer Charitable Trust Melvin & Mary?
Palmer Charitable Trust Melvin & Mary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.8M in total assets as of 2025.
How large is Palmer Charitable Trust Melvin & Mary?
As of 2025, Palmer Charitable Trust Melvin & Mary holds $1.8M in total assets with $189K in annual revenue. It awarded 6 grants totaling $111K in 2025.
Where does Palmer Charitable Trust Melvin & Mary operate?
Palmer Charitable Trust Melvin & Mary has awarded grants in Minnesota, Wisconsin.
What size grants does Palmer Charitable Trust Melvin & Mary award?
In 2025, Palmer Charitable Trust Melvin & Mary awarded 6 grants totaling $111K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Palmer Charitable Trust Melvin & Mary required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Palmer Charitable Trust Melvin & Mary reported a distributable amount of $142K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Palmer Charitable Trust Melvin & Mary's EIN?
Palmer Charitable Trust Melvin & Mary's EIN (Employer Identification Number) is 20-6875950. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Palmer Charitable Trust Melvin & Mary's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.