Paloma Blanca Foundation

Foundation · Grantmaker Milwaukee, WI EIN: 20-1940725

Paloma Blanca Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 1 grant totaling $150K. Net investment income was $393K.

Key facts about Paloma Blanca Foundation

EIN: 20-1940725
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $150,000
Grants made (2024): 1
Average grant: $150,000
Median grant: $150,000
Total assets: $6,045,137
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

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

How Paloma Blanca Foundation gives

Giving fell 53% from 2021 to 2024. Method
In 2024 it paid out 44% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Next steps with Paloma Blanca Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.0M

+4.2% YoY

Annual Giving

$150K

-65.7% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$150K

-31.3% YoY

Under IRS private-foundation payout rules, Paloma Blanca Foundation reported a distributable amount of $348K for 2024 — the minimum it must pay out in qualifying distributions.

About Paloma Blanca Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $150K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Massachusetts Maryland Pennsylvania Wisconsin

Cities

MilwaukeeKutztownBaltimoreBoston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,045,137	$5,803,499	$5,979,058
Revenue	$467,024	$326,485	$251,742
Expenses	$225,771	$502,044	$509,563
Qualifying Distributions	$154,555	$441,240	$434,170
Net Investment Income	$392,782	$264,675	$181,861
Distributable Amount	$348,069	$316,257	$339,996

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Fidelity Charitable Giving Fund ($150,000).

Recipient	Purpose	Amount
FIDELITY CHARITABLE GIVING FUND Boston, MA	GENERAL SUPPORT	$150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Carl Holborn	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Paloma Blanca Foundation?

Paloma Blanca Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. It holds $6.0M in total assets as of 2024.

How large is Paloma Blanca Foundation?

As of 2024, Paloma Blanca Foundation holds $6.0M in total assets with $467K in annual revenue. It awarded 1 grant totaling $150K in 2024.

Where does Paloma Blanca Foundation operate?

Paloma Blanca Foundation has awarded grants in Massachusetts, Maryland, Pennsylvania, Wisconsin.

What size grants does Paloma Blanca Foundation award?

In 2024, Paloma Blanca Foundation awarded 1 grant totaling $150K — an average of about $150K per grant, based on its IRS Form 990 filings.

How much is Paloma Blanca Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Paloma Blanca Foundation reported a distributable amount of $348K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.