Palmer Foundation Inc

OCALA, FL EIN: 26-2326557

Palmer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCALA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 26 grants totaling $208K. Net investment income was $94K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

+2.3% YoY

Annual Giving

$208K

-12.4% YoY

Grant Count

26

+8.3% YoY

Avg Grant Size

$8K

-19.1% YoY

About Palmer Foundation Inc

Based on IRS filings

Palmer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCALA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 26 grants totaling $208K. Net investment income was $94K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Altamonte SpringsAtlantaColorado SpringsDanversEustisGainesvilleOcalaTampa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$91K$182K$273K$364K20202021202220232024
Metric202420232022
Total Assets$3,736,602$3,654,036$3,768,397
Revenue$330,690$166,963$128,521
Expenses$247,273$279,804$280,907
Qualifying Distributions$207,720$239,701$244,248
Net Investment Income$93,765$83,010$86,719
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$67K$135K$202K$270K26 grants202027 grants202124 grants202224 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOYS AND GIRLS CLUB OF M…$25KBROTHERS KEEPER$20KINTERFAITH EMERGENCY SER…$20KARNETTE HOUSE$10KCOMMUNITY FOUNDATION FOR…$10KHABITAT FOR HUMANITY OF …$10KMARION SENIOR SERVICES$10KOPEN ARMS$10KSALVATION ARMY$10KHOPE CLINIC$8K

Grant Size Distribution

127 grants across all recorded years

127<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys and Girls Club of Marion Co ($25,000), Brothers Keeper ($20,000), Interfaith Emergency Services ($20,000).

RecipientPurposeAmount
ADVENTHEALTH FOUNDATION INC ALTAMONTE SPRINGS, FLGENERAL FUND$5,000
ARNETTE HOUSE OCALA, FLGENERAL FUND$10,000
ARTS IN HEALTH OCALA METRO OCALA, FLGENERAL FUND$5,000
BOYS AND GIRLS CLUB OF MARION CO OCALA, FLGENERAL FUND$25,000
BROTHERS KEEPER OCALA, FLGENERAL FUND$20,000
CF FOUNDATION OCALA, FLSCHOLARSHIP FUND$5,000
COMMUNITY FOUNDATION FOR OCALA MARI OCALA, FLGENERAL FUND$10,000
GRACE EPISCOPAL CHURCH OCALA, FLGENERAL FUND$1,150
HABITAT FOR HUMANITY OF MARION CTY OCALA, FLGENERAL FUND$10,000
HOPE CLINIC OCALA, FLGENERAL FUND$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN P KLEINPRESIDENT/DI1
MARGARET P PARKSSEC/TREAS/DI1
JESSICA W MCCUNEDIRECTOR1
GREGORY C HARRELLDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Palmer Foundation Inc?

Palmer Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCALA, FL. It holds $3.7M in total assets as of 2024.

How large is Palmer Foundation Inc?

As of 2024, Palmer Foundation Inc holds $3.7M in total assets with $331K in annual revenue. It awarded 26 grants totaling $208K in 2024.

Where does Palmer Foundation Inc operate?

Palmer Foundation Inc has awarded grants in Colorado, Florida, Georgia, Massachusetts.

What size grants does Palmer Foundation Inc award?

In 2024, Palmer Foundation Inc awarded 26 grants totaling $208K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Palmer Foundation Inc's EIN?

Palmer Foundation Inc's EIN (Employer Identification Number) is 26-2326557. IRS Form 990 filing data is available on this page for 2020–2024.

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Browse active grant opportunities in Palmer Foundation Inc's focus areas in our free grants database

Related Funders

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

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