Paloma Blanca Foundation

Private foundation · Grantmaker Milwaukee, WI EIN: 20-1940725

Paloma Blanca Foundation is a private foundation, 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.

Paloma Blanca Foundation at a glance

In short: Paloma Blanca Foundation gave $150K across 1 grant in 2024 (avg $150K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$150,000
-65.7% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$150,000
-31.3% vs 2023
Median grant
$150,000
Total assets
$6,045,137
+4.2% vs 2023
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Paloma Blanca Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Fidelity Charitable Giving Fund: $150KFidelity Charitable GivingFund$150K

The largest 2024 recipient was Fidelity Charitable Giving Fund ($150K).

Grant Size Distribution

7 grants across all recorded years

2<$50K$50–100K1$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 4 grants of 7 (57%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

MilwaukeeKutztownBaltimoreBoston

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 2 grants2021 1 grant2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $150K (2024) to $437K (2023). In 2024 it made 1 grant totaling $150K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Giving Fund Boston, MAGeneral Support$150,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$6,045,137$467,024$225,771$150,0001$154,555$392,782$348,069
2023$5,803,499$326,485$502,044$436,8402$441,240$264,675$316,257
2022$5,979,058$251,742$509,563$430,0001$434,170$181,861$339,996
2021$6,236,879$612,523$398,449$322,4402$326,589$546,521$372,116
2020$6,022,805$288,962$365,842$300,0001—$229,934$326,035

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.

Leadership & Key People

Officers and directors from IRS filings

Paloma Blanca Foundation is led by Carl Holborn, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Carl Holborn

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Paloma Blanca Foundation

How much does Paloma Blanca Foundation give each year?

Paloma Blanca Foundation gave $150K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $437K across 2 grants.

How large is Paloma Blanca Foundation?

Paloma Blanca Foundation reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $155K in qualifying distributions that year, against a required minimum of $348K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Paloma Blanca Foundation operate?

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

What is Paloma Blanca Foundation's EIN?

Paloma Blanca Foundation's EIN (Employer Identification Number) is 20-1940725. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Paloma Blanca 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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