Paul Palank Memorial Foundation Inc
Paul Palank Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FT LAUDERDALE, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $9.0M in total assets. In 2023, it awarded 24 grants totaling $575K. Net investment income was $604K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$9.0M
+0.1% YoY
Annual Giving
$575K
+4.3% YoY
Grant Count
24
-7.7% YoY
Avg Grant Size
$24K
+13.0% YoY
Under IRS private-foundation payout rules, Paul Palank Memorial Foundation Inc reported a distributable amount of $543K for 2023 — the minimum it must pay out in qualifying distributions.
About Paul Palank Memorial Foundation Inc
Based on IRS filings
Paul Palank Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FT LAUDERDALE, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $9.0M in total assets. In 2023, it awarded 24 grants totaling $575K. Net investment income was $604K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $9,030,560 | $9,024,057 | $9,705,489 |
| Revenue | $662,482 | $62,918 | $809,886 |
| Expenses | $705,729 | $694,600 | $771,925 |
| Qualifying Distributions | $643,910 | $623,395 | — |
| Net Investment Income | $604,419 | $269,225 | $740,383 |
| Distributable Amount | $542,673 | $594,611 | $13,551 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
Grant Size Distribution
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Children's Harbor ($50,000), Americans for Immigrant Justice ($30,000), Family Resource Center ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICANS FOR IMMIGRANT JUSTICE MIAMI, FL | GENERAL | $30,000 |
| ARC BROWARD SUNRISE, FL | GENERAL | $15,000 |
| CAMILLUS HOUSE MIAMI, FL | GENERAL | $15,000 |
| CHILDREN'S HARBOR PEMBROKE PINES, FL | GENERAL | $50,000 |
| CHILDREN'S HOME SOCIETY MIAMI, FL | GENERAL | $20,000 |
| EDUCATE TOMORROW MIAMI SHORES, FL | GENERAL | $25,000 |
| FAMILY CENTRAL FT LAUDERDALE, FL | GENERAL | $25,000 |
| FAMILY RESOURCE CENTER MIAMI, FL | GENERAL | $30,000 |
| FLITE FT LAUDERDALE, FL | GENERAL | $30,000 |
| FLORIDA'S CHILDREN FIRST CORAL SPRINGS, FL | GENERAL | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANGELICA PALANK | DIRECTOR | 20 | $50,000 |
| ANNE ROTHE | DIRECTOR | 5 | $10,000 |
| LISA STAMP | DIRECTOR | 5 | $15,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Paul Palank Memorial Foundation Inc?
Paul Palank Memorial Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FT LAUDERDALE, FL. It holds $9.0M in total assets as of 2023.
How large is Paul Palank Memorial Foundation Inc?
As of 2023, Paul Palank Memorial Foundation Inc holds $9.0M in total assets with $662K in annual revenue. It awarded 24 grants totaling $575K in 2023.
Where does Paul Palank Memorial Foundation Inc operate?
Paul Palank Memorial Foundation Inc has awarded grants in Florida.
What size grants does Paul Palank Memorial Foundation Inc award?
In 2023, Paul Palank Memorial Foundation Inc awarded 24 grants totaling $575K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Paul Palank Memorial Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Paul Palank Memorial Foundation Inc reported a distributable amount of $543K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paul Palank Memorial Foundation Inc's EIN?
Paul Palank Memorial Foundation Inc's EIN (Employer Identification Number) is 65-1050806. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Paul Palank Memorial Foundation Inc'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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