Parmly Trust Fund

LITTLE SILVER, NJ EIN: 23-6289374

Parmly Trust Fund is a private foundation focused on Health, based in LITTLE SILVER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 11 grants totaling $50K. Net investment income was $58K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$990K

-0.0% YoY

Annual Giving

$50K

+0.0% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$5K

+0.0% YoY

Under IRS private-foundation payout rules, Parmly Trust Fund reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Parmly Trust Fund

Based on IRS filings

Parmly Trust Fund is a private foundation focused on Health, based in LITTLE SILVER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $990K in total assets. In 2024, it awarded 11 grants totaling $50K. Net investment income was $58K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BellevilleDenvilleLivingstonMemphisNew YorkNutleyRed BankRochelle ParkSouth OrangeSt PetersburgUnionWestmont

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$48K$72K$96K20202021202220232024
Metric202420232022
Total Assets$990,035$990,054$1,006,912
Revenue$60,418$44,860$64,428
Expenses$60,437$61,718$61,822
Qualifying Distributions$57,946$57,966$59,722
Net Investment Income$58,381$45,601$62,490
Distributable Amount$57,511$52,183$59,768

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K11 grants202010 grants202111 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ARC OF ESSEX COUNTY$5KCOVENANT HOUSE$5KFIRST CEREBRAL PALSEY AS…$5KLEUKEMIA AND LYMPHOMA SO…$5KNUTLEY IRISH AMERICAN FDN$5KSOUTH ORANGE ELKS$5KST JUDES HOSPITAL$5KTHE SALVATION ARMY$5KVISION LOSS ALLIANCE (NJ…$5KNEW CONCEPTS FOR LIVING$3K

Grant Size Distribution

54 grants across all recorded years

54<$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 Arc of Essex County ($5,000), Covenant House ($5,000), First Cerebral Palsey Association ($5,000).

RecipientPurposeAmount
ARC OF ESSEX COUNTY LIVINGSTON, NJCHARITY$5,000
COVENANT HOUSE NEW YORK, NYCHARITY$5,000
FIRST CEREBRAL PALSEY ASSOCIATION BELLEVILLE, NJCHARITY$5,000
KNIGHTS OF COLUMBUS RBC RED BANK, NJCHARITY$2,000
LEUKEMIA AND LYMPHOMA SOCIETY WESTMONT, NJCHARITY$5,000
NEW CONCEPTS FOR LIVING ROCHELLE PARK, NJCHARITY$3,000
NUTLEY IRISH AMERICAN FDN NUTLEY, NJCHARITY$5,000
SOUTH ORANGE ELKS SOUTH ORANGE, NJCHARITY$5,000
ST JUDES HOSPITAL MEMPHIS, TNCHARITY$5,000
THE SALVATION ARMY UNION, NJCHARITY$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANCIS J COSTENBADERCO-TRUSTEE1
JOHN P CONNOLLYCO-TRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Parmly Trust Fund?

Parmly Trust Fund is a private foundation focused on Health, based in LITTLE SILVER, NJ. It holds $990K in total assets as of 2024.

How large is Parmly Trust Fund?

As of 2024, Parmly Trust Fund holds $990K in total assets with $60K in annual revenue. It awarded 11 grants totaling $50K in 2024.

Where does Parmly Trust Fund operate?

Parmly Trust Fund has awarded grants in Florida, New Jersey, New York, Tennessee.

What size grants does Parmly Trust Fund award?

In 2024, Parmly Trust Fund awarded 11 grants totaling $50K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Parmly Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Parmly Trust Fund reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Parmly Trust Fund's EIN?

Parmly Trust Fund's EIN (Employer Identification Number) is 23-6289374. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Parmly Trust Fund's focus areas in our free grants database

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

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