Palmer Family Foundation

Private foundation · Grantmaker Mobile, AL EIN: 87-3948746

Palmer Family Foundation is based in Mobile, Alabama, and is listed as a 990T filer. Its 2024 filing reports 15 grants totaling $61,500, primarily to recipients in Alabama.

Key facts about Palmer Family Foundation

In short: Palmer Family Foundation gave $62K across 15 grants in 2024 (avg $4K), mostly in Alabama. Source: 2024 IRS Form 990-PF.

EIN
87-3948746
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$61,500
Grants made (2024)
15
Average grant
$4,100
Median grant
$5,000
Total assets
$997,533
Primary geography
Alabama (86% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$998K

+3.5% YoY

Annual Giving

$62K

+0.8% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$4K

-5.9% YoY

Under IRS private-foundation payout rules, Palmer Family Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

How Palmer Family Foundation gives

  • 33% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 146% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations whose stated missions include animal shelter pet wellness and adoption (Friends of Mobile Animal Shelter), camps and enrichment for children of wounded, ill, and fallen military heroes (Camp Corral), leadership and achievement opportunities for young women (Distinguished Young Women Foundation), and emergency shelter for homeless women (McKemie Place). These are the grantees’ stated missions, not a stated mission for the foundation.

Grantmaking

In 2024, the foundation made 15 grants totaling $61,500. Grant amounts ranged from $1,000 to $7,500, with a median of $5,000. Larger awards included $7,500 to Friends of Mobile Animal Shelter; $5,000 each to A Servants Love Incorporated, Camp Corral, Dance Without Limits Foundation, Distinguished Young Women Foundation, Magic Moments Inc, Pathway Temple Church of God, Ransom Ministries Inc, and Ronald McDonald House Charities of Alabama; and $3,500 to Big Brothers Big Sisters.

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Geographic Focus

Where this funder awards grants

In 2024, 86% of grant dollars went to recipients in Alabama, 8% to North Carolina, 4% to Mississippi, and 2% to Washington, DC.

Grant Distribution by State

6states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

MobileBirminghamChickasawRaleighDaphneHot SpringsPascagoulaSaralandScottsdaleWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2021 14 grants2023 15 grants2024

From 2023 to 2024, annual grant giving ranged from $61K (2023) to $62K (2024). In 2024 it made 15 grants totaling $62K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Friends of Mobile Animal Shelter: $8KFriends of Mobile AnimalShelter$8KA Servants Love Incorporated: $5KA Servants Love Incorporated$5KCamp Corral: $5KCamp Corral$5KDance Without Limits Foundation Inc: $5KDance Without LimitsFoundation Inc$5KDistinguished Young Women Foundation: $5KDistinguished Young WomenFoundation$5KMagic Moments Inc: $5KMagic Moments Inc$5KPathway Temple Church of God Inc: $5KPathway Temple Church of GodInc$5KRansom Ministries Inc: $5KRansom Ministries Inc$5KRonald McDonald House Charities of Alabama Inc: $5KRonald McDonald HouseCharities of Alabama Inc$5KBig Brothers Big Sisters: $4KBig Brothers Big Sisters$4K

The largest 2024 recipient was Friends of Mobile Animal Shelter ($8K). Together the top 10 received $51K.

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 29 grants of 29 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Friends of Mobile Animal Shelter Mobile, ALGeneral$7,500
A Servants Love Incorporated Mobile, ALGeneral$5,000
Camp Corral Raleigh, NCGeneral$5,000
Dance Without Limits Foundation Inc Mobile, ALGeneral$5,000
Distinguished Young Women Foundation Mobile, ALGeneral$5,000
Magic Moments Inc Birmingham, ALGeneral$5,000
Pathway Temple Church of God Inc Mobile, ALGeneral$5,000
Ransom Ministries Inc Chickasaw, ALHammer Mill$5,000
Ronald McDonald House Charities of Alabama Inc Birmingham, ALGeneral$5,000
Big Brothers Big Sisters Mobile, ALGeneral$3,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2024 $997,533 $65,469 $78,925 $61,500 15
2023 $963,948 $18,714 $68,472 $61,000 14
2021 $1,000,004 $1,000,004 — — 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2021 2023 2024
Metric202420232021
Total Assets$997,533$963,948$1,000,004
Revenue$65,469$18,714$1,000,004
Expenses$78,925$68,472—
Qualifying Distributions$71,369$61,000—
Net Investment Income$58,954$21,394$4
Distributable Amount$48,804$46,651$2,429

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Edward Anderson, Faye M Olensky, Jacob A Palmer, Jared A Palmer, and Theresa Rene Palmer as trustees.

Palmer Family Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Edward Anderson

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Faye M. Olensky

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Jacob A. Palmer

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Jared A. Palmer

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Theresa Rene Palmer

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 470 Schillinger Road South, Mobile, AL 36695
Phone: (334) 639-0800

Frequently asked questions about Palmer Family Foundation

How much does Palmer Family Foundation give each year?

Palmer Family Foundation gave $62K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $61K across 14 grants.

What is Palmer Family Foundation's typical grant size?

Palmer Family Foundation's median grant in 2024 was $5,000, and its average grant was $4,100, across 15 grants on its 2024 IRS Form 990-PF.

Where does Palmer Family Foundation give grants?

Palmer Family Foundation gives mostly in Alabama: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (8%). The most frequent recipient cities were Mobile, AL (9 grants) and Birmingham, AL (2 grants).

Does Palmer Family Foundation give general operating support?

Yes: 93% of Palmer Family Foundation's 2024 grants with a stated purpose (14 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Palmer Family Foundation's largest grantees?

Palmer Family Foundation's largest 2024 grantees include Friends of Mobile Animal Shelter ($7,500), A Servants Love Incorporated ($5,000) and Camp Corral ($5,000), according to its 2024 IRS Form 990-PF. Together they received 28% of its itemized 2024 grant dollars.

How large is Palmer Family Foundation?

Palmer Family Foundation reported $998K in total assets on its 2024 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets).

What does Palmer Family Foundation fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Palmer Family Foundation?

Palmer Family Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Palmer Family Foundation's EIN?

Palmer Family Foundation's EIN (Employer Identification Number) is 87-3948746. IRS Form 990 filing data is available on this page for 2021–2024.

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

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