Palms Foundation

Private foundation · Grantmaker Braselton, GA EIN: 99-3057220

Palms Foundation is a private foundation, based in Braselton, GA. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $63K in total assets. In 2025, it awarded 6 grants totaling $52K.

Key facts about Palms Foundation

In short: Palms Foundation gave $52K across 6 grants in 2025 (avg $9K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
99-3057220
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$51,900
Grants made (2025)
6
Average grant
$8,650
Median grant
$7,250
Total assets
$62,665
Primary geography
Texas (52% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$63K

-3.1% YoY

Annual Giving

$52K

Grant Count

6

Avg Grant Size

$9K

Under IRS private-foundation payout rules, Palms Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How Palms Foundation gives

  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990 filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 6 itemized 2025 grant dollars.

Cities

HoustonAtlantaOld Westbury

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20246 grants2025

In 2025 it made 6 grants totaling $52K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

The Citizens Foundation (TCF): $27K across 3 grantsThe Citizens Foundation (TCF)$27K · 3 grantsWorld Pediatric Project: $20K across 2 grantsWorld Pediatric Project$20K · 2 grantsHassan Suleman Memorial Hospital (HSMH): $5KHassan Suleman MemorialHospital (HSMH)$5K

The largest 2025 recipient was The Citizens Foundation (TCF) ($27K across 3 grants). Together the top 3 received $52K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Citizens Foundation (TCF) Houston, TXSponsorship of 2,500 PUI Ivy educational program,Supports childrens education needs in Pakistan$25,000
World Pediatric Project Atlanta, GAHeart surgeries for children in Latin America.$10,400
World Pediatric Project Atlanta, GACardiac catheterizations for children.$10,000
Hassan Suleman Memorial Hospital (HSMH) Old Westbury, NYSupport for healthcare and medical assistance programs.Obstetric care for women in need in Pakistan$4,500
The Citizens Foundation (TCF) Houston, TXSupport of fundraising events benefiting educational programs.$1,000
The Citizens Foundation (TCF) Houston, TXPurchase of 10 seats for the 2025 GT Chapter Gala.Education Programs.$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$25K$50K$75K$100K20242025
Metric20252024
Total Assets$62,665$64,690
Revenue$50,000$90,000
Expenses$52,025$25,820
Qualifying Distributions$51,900—
Net Investment Income——
Distributable Amount$2,207—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-EZ for fiscal year 2024 (received by the IRS November 14, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 27, 2026)

Leadership & Key People

Officers and directors from IRS filings

Palms Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Danish Nathaniel Ali Roshan

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Daniyal Roshan Ayvazian

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Phyllis Roshan

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Palms Foundation

How much does Palms Foundation give each year?

Palms Foundation gave $52K across 6 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Palms Foundation's typical grant size?

Palms Foundation's median grant in 2025 was $7,250, and its average grant was $8,650, across 6 grants on its 2025 IRS Form 990-PF.

Where does Palms Foundation give grants?

Palms Foundation gives mostly in Texas: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Georgia (39%) and New York (9%). The most frequent recipient cities were Houston, TX (3 grants) and Atlanta, GA (2 grants).

Does Palms Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Palms Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Palms Foundation's largest grantees?

Palms Foundation's largest 2025 grantees include The Citizens Foundation (TCF) ($27,000 across 3 grants), World Pediatric Project ($20,400 across 2 grants) and Hassan Suleman Memorial Hospital (HSMH) ($4,500), according to its 2025 IRS Form 990-PF.

How large is Palms Foundation?

Palms Foundation reported $63K in total assets on its 2025 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Palms Foundation's EIN?

Palms Foundation's EIN (Employer Identification Number) is 99-3057220. IRS Form 990 filing data is available on this page for 2024–2025.

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

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