Palmer Walbridge Foundation
The Palmer Walbridge Foundation is a private foundation based in Pennington, New Jersey. It made $513,000 in grants to 20 organizations in 2025, with most grant dollars going to recipients in Maine.
Palmer Walbridge Foundation at a glance
In short: Palmer Walbridge Foundation gave $513K across 20 grants in 2025 (avg $26K), mostly in Maine. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $513,000
- +14.0% vs 2024
- Grants made (2025)
- 20
- +0.0% vs 2024
- Average grant
- $25,650
- +14.0% vs 2024
- Median grant
- $18,000
- Total assets
- $6,011,390
- +10.2% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 20, 2025; small sample)
- Primary geography
- Maine (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Palmer Walbridge Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 1532, Pennington, NJ 08534-0691
Phone: (888) 866-3275
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Palmer Walbridge Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Bigelow Laboratory for Ocean Sciences ($150K). Together the top 10 received $406K.
Grant Size Distribution
121 grants across all recorded years
The most common grant size was under $50K: 111 grants of 121 (92%).
Geographic Focus
Where this funder awards grants
In 2025, 96% of grant dollars went to recipients in Maine; 2% each went to recipients in Pennsylvania and California. Massachusetts accounted for 0% of grant dollars. The listed Maine recipients include organizations in the Boothbay region and elsewhere in the state.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is Palmer Walbridge Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 20 grantees (0%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. How we count
- 80% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 156% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $417K (2019) to $567K (2022). In 2025 it made 20 grants totaling $513K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bigelow Laboratory for Ocean Sciences East Boothbay, ME | Unrestricted General | $150,000 |
| Coastal Maine Botanical Gardens Boothbay, ME | Unrestricted General | $80,000 |
| Boothbay Region Land Trust Boothbay Harbor, ME | Unrestricted General | $30,000 |
| Maine College of Art Portland, ME | Unrestricted General | $26,000 |
| Boothbay Harbor Memorial Library Assn Boothbay Harbor, ME | Unrestricted General | $20,000 |
| Boothbay Region Ambulance Service Boothbay, ME | Unrestricted General | $20,000 |
| The Opera House at the Boothbay Harbor Boothbay Harbor, ME | Unrestricted General | $20,000 |
| Midcoast Humane Society Brunswick, ME | Unrestricted General | $20,000 |
| Island Institute Rockland, ME | Unrestricted General | $20,000 |
| Finding Our Voices Camden, ME | Unrestricted General | $20,000 |
Ready to take the next step with Palmer Walbridge Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,011,390 | $1,211,512 | $652,344 | $513,000 | 20 | $562,458 | $1,134,581 | $361,632 |
| 2024 | $5,453,539 | $654,353 | $588,268 | $450,000 | 20 | $531,444 | $593,032 | $351,665 |
| 2023 | $5,389,703 | $307,857 | $583,755 | $443,440 | 25 | $520,584 | $253,916 | $324,921 |
| 2022 | $5,665,198 | $763,733 | $716,255 | $566,760 | 31 | $647,870 | $707,372 | $338,820 |
| 2021 | $5,617,878 | $905,154 | $647,791 | $517,500 | 25 | $584,465 | $858,296 | $373,990 |
| 2020 | $5,361,222 | $739,164 | $557,944 | $467,734 | 21 | — | $712,673 | $317,002 |
| 2019 | $5,174,466 | $366,641 | $499,723 | $417,450 | 27 | — | $334,435 | $314,764 |
Under IRS private-foundation payout rules, Palmer Walbridge Foundation reported a distributable amount of $362K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations working in ocean science, horticulture and plant conservation, land conservation, community ambulance services, health care, farming, arts and culture, and support for coastal communities.
The grantees describe their work in their own terms. Bigelow Laboratory for Ocean Sciences says it works to understand ocean ecosystems through research, education, and technology transfer. Coastal Maine Botanical Gardens says it aims to connect people with nature and promote plant conservation. Boothbay Region Land Trust says it conserves natural habitat, scenic beauty, and working land in the Boothbay region. Island Institute says it works with island and coastal communities on climate and economic change.
Grantmaking
In 2025, the foundation made 20 grants totaling $513,000. Grants ranged from $2,500 to $150,000, with a median grant of $18,000. The largest awards included $150,000 to Bigelow Laboratory for Ocean Sciences, $80,000 to Coastal Maine Botanical Gardens, $30,000 to Boothbay Region Land Trust, and $26,000 to Maine College of Art. These grants were designated for unrestricted general purposes.
Other 2025 awards included $20,000 each to Boothbay Harbor Memorial Library Association, Boothbay Region Ambulance Service, The Opera House at the Boothbay Harbor, Midcoast Humane Society, Island Institute, and Finding Our Voices. Harbor Theater received $15,000. Boothbay Region Health Care received $12,000, and Maine Farmland Trust received $10,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Palmer Davies, Dr. R Hoyt Walbridge, and Sara Walbridge on the Donation Committee, and Bank of America N.A. as trustee.
Palmer Walbridge Foundation's 2025 filing lists 4 officers; all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bank Of America N A
Trustee
On filings since 2019
2 hrs/week
$51K (2019) → $47K (2025)
R. Hoyt Walbridge
Donation Committee
On filings since 2019
$8K (2019) → $25K (2025)
Sara Walbridge
Donation Committee
On filings since 2019
$8K (2019) → $27K (2025)
Palmer Davies
Donation Committee
New on the 2025 filing
$25K (2025)
Former officers (1)
- Former: Susan W. Davies (2019–2024) — Donation Committee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $47K, to Bank of America N a (Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Palmer Walbridge Foundation
How much does Palmer Walbridge Foundation give each year?
Palmer Walbridge Foundation gave $513K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $450K across 20 grants.
What is Palmer Walbridge Foundation's typical grant size?
Palmer Walbridge Foundation's median grant in 2025 was $18,000, and its average grant was $25,650, across 20 grants on its 2025 IRS Form 990-PF.
Where does Palmer Walbridge Foundation give grants?
Palmer Walbridge Foundation gives mostly in Maine: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boothbay Harbor, ME (6 grants), East Boothbay, ME (2 grants) and Boothbay, ME (2 grants).
Does Palmer Walbridge Foundation give general operating support?
Yes: 100% of Palmer Walbridge Foundation's 2025 grants with a stated purpose (20 of 20) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Palmer Walbridge Foundation's largest grantees?
Palmer Walbridge Foundation's largest 2025 grantees include Bigelow Laboratory for Ocean Sciences ($150,000), Coastal Maine Botanical Gardens ($80,000) and Boothbay Region Land Trust ($30,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Palmer Walbridge Foundation?
Palmer Walbridge Foundation reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $562K in qualifying distributions that year, against a required minimum of $362K (roughly 5% of its investment assets).
What does Palmer Walbridge Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations working in ocean science, horticulture and plant conservation, land conservation, community ambulance services, health care, farming, arts and culture, and support for coastal communities. See mission & focus areas ↑
How do I apply for a grant from Palmer Walbridge Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Palmer Walbridge Foundation's EIN?
Palmer Walbridge Foundation's EIN (Employer Identification Number) is 01-6174485. IRS Form 990 filing data is available on this page for 2019–2025.
Does Palmer Walbridge Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Explore Open Grants
Browse active grant opportunities in Palmer Walbridge Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Palmer Walbridge Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/palmer-walbridge-foundation-morg_dd1f18de5a874a2388e0a415b209f4b0
BibTeX
@misc{grantable_016174485_2026,
author = {{Grantable}},
title = {{Palmer Walbridge Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/palmer-walbridge-foundation-morg_dd1f18de5a874a2388e0a415b209f4b0},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Palmer Walbridge Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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