Palmer Family Foundation
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.
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
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 29 grants of 29 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Mobile Animal Shelter Mobile, AL | General | $7,500 |
| A Servants Love Incorporated Mobile, AL | General | $5,000 |
| Camp Corral Raleigh, NC | General | $5,000 |
| Dance Without Limits Foundation Inc Mobile, AL | General | $5,000 |
| Distinguished Young Women Foundation Mobile, AL | General | $5,000 |
| Magic Moments Inc Birmingham, AL | General | $5,000 |
| Pathway Temple Church of God Inc Mobile, AL | General | $5,000 |
| Ransom Ministries Inc Chickasaw, AL | Hammer Mill | $5,000 |
| Ronald McDonald House Charities of Alabama Inc Birmingham, AL | General | $5,000 |
| Big Brothers Big Sisters Mobile, AL | General | $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 |
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| 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
- 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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