Palmer Charitable Trust Melvin & Mary

Private foundation · Grantmaker Chicago, IL EIN: 20-6875950

Palmer Charitable Trust Melvin & Mary is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.9M in total assets. In 2026, it awarded 6 grants totaling $126K. Net investment income was $277K.

Key facts about Palmer Charitable Trust Melvin & Mary

In short: Palmer Charitable Trust Melvin & Mary gave $126K across 6 grants in 2026 (avg $21K), mostly in Wisconsin. Source: 2026 IRS Form 990-PF.

EIN
20-6875950
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$125,843
Grants made (2026)
6
Average grant
$20,974
Median grant
$19,575
Total assets
$1,926,353
Primary geography
Wisconsin (89% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.9M

+7.3% YoY

Annual Giving

$126K

+13.3% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$21K

+13.3% YoY

Under IRS private-foundation payout rules, Palmer Charitable Trust Melvin & Mary reported a distributable amount of $151K for 2026 — the minimum it must pay out in qualifying distributions.

How Palmer Charitable Trust Melvin & Mary gives

  • Giving held roughly steady from 2023 to 2026 (−3%). Method
  • In 2026 it paid out 95% 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.

Your AI grants department

Ready to take the next step with Palmer Charitable Trust Melvin & Mary?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2026 grant dollars across all 6 itemized grants.

Cities

BeloitJanesvilleMadisonRochester

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2021 6 grants2022 6 grants2023 6 grants2024 6 grants2025 6 grants2026

From 2021 to 2026, annual grant giving ranged from $105K (2021) to $129K (2023). In 2026 it made 6 grants totaling $126K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2026

Beloit Health System Foundation Inc: $35KBeloit Health SystemFoundation Inc$35KUnited Way Blackhawk Region: $35KUnited Way Blackhawk Region$35KStateline Community Foundation: $25KStateline Community Foundation$25KUniversity of Wisconsin Foundation: $14KUniversity of WisconsinFoundation$14KMayo Clinic: $14KMayo Clinic$14KFirst Congregational Church: $3KFirst Congregational Church$3K

The largest 2026 recipient was Beloit Health System Foundation Inc ($35K). Together the top 6 received $126K.

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Beloit Health System Foundation Inc Beloit, WIProgram Support$34,959
United Way Blackhawk Region Janesville, WIProgram Support$34,959
Stateline Community Foundation Beloit, WIProgram Support$25,169
University of Wisconsin Foundation Madison, WIProgram Support$13,981
Mayo Clinic Rochester, MNProgram Support$13,981
First Congregational Church Beloit, WIProgram Support$2,794

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$1,926,353$1,794,609$1,753,460
Revenue$295,075$189,082$193,908
Expenses$163,038$147,845$141,835
Qualifying Distributions$143,077$127,373$126,449
Net Investment Income$277,424$172,540$178,759
Distributable Amount$150,694$142,139$125,040

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS May 21, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Palmer Charitable Trust Melvin & Mary's only listed officer is BMO Bank N A, Trustee on every filing since 2024 (compensated).

Officers on the 2026 filing

  • BMO Bank N A

    Trustee

    On filings since 2024

    1 hr/week

    $28K (2024) → $34K (2026)

Former officers (1)
  • Former: BMO Harris Bank N A (2021–2023) — Trustee

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

BMO Bank N a — Trustee: $34KBMO Bank N aTrustee$34K

The highest reported compensation on the 2026 filing was $34K, to BMO Bank N a (Trustee).

Frequently asked questions about Palmer Charitable Trust Melvin & Mary

How much does Palmer Charitable Trust Melvin & Mary give each year?

Palmer Charitable Trust Melvin & Mary gave $126K across 6 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $111K across 6 grants.

What is Palmer Charitable Trust Melvin & Mary's typical grant size?

Palmer Charitable Trust Melvin & Mary's median grant in 2026 was $19,575, and its average grant was $20,974, across 6 grants on its 2026 IRS Form 990-PF.

Where does Palmer Charitable Trust Melvin & Mary give grants?

Palmer Charitable Trust Melvin & Mary gives mostly in Wisconsin: 89% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (11%). The most frequent recipient cities were Beloit, WI (3 grants).

Does Palmer Charitable Trust Melvin & Mary give general operating support?

Not in 2026: none of the 6 grants with a stated purpose on Palmer Charitable Trust Melvin & Mary's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (6 grants).

Who are Palmer Charitable Trust Melvin & Mary's largest grantees?

Palmer Charitable Trust Melvin & Mary's largest 2026 grantees include Beloit Health System Foundation Inc ($34,959), United Way Blackhawk Region ($34,959) and Stateline Community Foundation ($25,169), according to its 2026 IRS Form 990-PF. Together they received 76% of its itemized 2026 grant dollars.

How large is Palmer Charitable Trust Melvin & Mary?

Palmer Charitable Trust Melvin & Mary reported $1.9M in total assets on its 2026 IRS Form 990-PF. It paid out $143K in qualifying distributions that year, against a required minimum of $151K (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.

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 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Palmer Charitable Trust Melvin & Mary by hand.

Explore Open Grants

Browse active grant opportunities in Palmer Charitable Trust Melvin & Mary's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Illinois

Alliant Energy Foundation Inc

Madison, WI

Assets

$28.5M

Grants

929

Total Given

$2.4M

WK Kellogg Foundation

Battle Creek, MI

The W.K. Kellogg Foundation funds work to help children, families, and communities thrive, including early education, health equity, food systems, family economic well-being, and racial equity. In 2025, its grants ranged from $50 to nearly $5 million, with a median of $100,000; it funds across the United States, with long-term commitments in several states and communities, as well as parts of Mexico and Haiti. It accepts unsolicited proposals online at any time.

Assets

$481.0M

Grants

1,818

Total Given

$303.9M

Columbus Foundation

Columbus, OH

The Columbus Foundation supports a broad range of nonprofit work, including arts, education, health, basic needs, neighborhoods, and capacity building, primarily in central Ohio. Its 2024 grants had a median of $21,471, though amounts varied widely. Most grants are directed by donors and aren’t made through an application process, but some specific programs accept applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.8B

Grants

1,747

Total Given

$242.7M

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 Allstate Foundation

Northbrook, IL

The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.

Assets

$89.3M

Grants

2,010

Total Given

$38.0M

Elks National Foundation Inc

Chicago, IL

The Elks National Foundation funds scholarships, youth programs, veterans’ services, and charitable projects through Elks Lodges and state associations across the United States. Its 2026 grants had a median size of $10,000, though awards varied widely; the profile describes application routes for specific Lodge and scholarship programs but does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$954.1M

Grants

1,536

Total Given

$36.5M

John D and Catherine T Macarthur Foundation

Chicago, IL

The MacArthur Foundation funds work advancing a more just, verdant, and peaceful world, including climate solutions, criminal justice, journalism, technology, and Chicago. In 2024, its grants had a median of $160,000, though awards ranged widely; it generally does not accept unsolicited requests, with possible exceptions for specific open calls or proposals that meet program guidelines.

Assets

$9.3B

Grants

1,086

Total Given

$356.1M

Arie and Ida Crown Memorial

Chicago, IL

Arie and Ida Crown Memorial supports education, the environment, health and human services, gun violence prevention, homelessness prevention, and Jewish community and Israel initiatives, with a strong focus on Chicago and giving across the U.S. and internationally. In 2024, its grants ranged from $500 to $3 million, with a median of $55,000. It uses an invitation-only process and does not accept unsolicited requests.

Assets

$1.4B

Grants

897

Total Given

$115.2M

Jewish Federation of Metropolitan Chicago

Chicago, IL

The Jewish Federation of Metropolitan Chicago funds human services, Jewish education and community programs, crisis response, and support for Israel and Jewish communities worldwide, primarily through Chicago-area agencies and initiatives. In 2025, its grants had a median of about $20,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.1B

Grants

896

Total Given

$166.6M

Circle of Service Foundation

Chicago, IL

The foundation funds community services, education, Jewish community, and medical research, with grantmaking concentrated in Cook and Lake Counties, Illinois, though it also funds organizations elsewhere. Its 2024 grants had a median of $25,000 and ranged from $50 to about $1.74 million; it accepts unsolicited pre-applications for community services and for Jewish community requests in Cook or Lake County, but not for the other stated categories or out-of-area Jewish community requests.

Assets

$592.0M

Grants

637

Total Given

$37.0M

Ea Mellinger Educational

Monmouth, IL

The foundation primarily awards undergraduate scholarships and also makes grants to qualified organizations for educational purposes. In 2025, awards ranged from $183 to $15,000, with a median of $2,100; its scholarship focus is applicants from six Illinois counties, and most grant dollars went to Illinois. Scholarship applications are accepted online during the annual March 1–April 30 period; the profile does not state whether it accepts unsolicited organizational grant requests.

Assets

$25.0M

Grants

582

Total Given

$1.2M

More Funders in Illinois

Palmer Charitable Trust Melvin & Mary down — hundreds of funders to go?

Want AI to do this for you?