Promethean Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $436K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
+3.9% YoY
Annual Giving
$50K
Grant Count
3
Avg Grant Size
$17K
About Promethean Foundation Inc
Based on IRS filings
Promethean Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $436K.
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 | 2024 | 2023 |
|---|---|---|
| Total Assets | $10,513,713 | $10,123,413 |
| Revenue | $489,821 | $10,132,258 |
| Expenses | $101,487 | $4,243 |
| Qualifying Distributions | $68,642 | $1,355 |
| Net Investment Income | $436,019 | $128,498 |
| Distributable Amount | $517,912 | $50,287 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ASHLEIGH PALMER | PRESIDENT, TREASURER, TRUSTEE | 9 | — |
| JULIE PALMER | VICE PRESIDENT, SECRETARY, TRUSTEE | 1 | — |
| ADAM PALMER | TRUSTEE | 1 | — |
| WILLOW PALMER | TRUSTEE | 1 | — |
| JAZMIN PALMER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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