Roy Talmo Foundation Inc is a private foundation focused on Human Services, based in WEST PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $169K. Net investment income was $48K.
Key facts about Roy Talmo Foundation Inc
- EIN
- 87-4566193
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $168,700
- Grants made (2024)
- 12
- Average grant
- $14,058
- Median grant
- $10,000
- New grantees (estimate)
- 17% first-time grantees (2 of 12, 2024)
- Total assets
- $1,955,996
- Primary geography
- Florida (73% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Roy Talmo Foundation Inc funds
By grant dollars, the top recipient states for Roy Talmo Foundation Inc's 12 itemized 2024 grants were Florida (73%) and New York (27%). The most frequent recipient cities were West Palm Beach, FL (4 grants) and Palm Beach, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Roy Talmo Foundation Inc open to new grantees?
17%
first-time grantees, 2024
In 2024, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $5K; repeat grants $16K. How we count
Medians: $5K first-time, $16K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 168% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-5.9% YoY
Annual Giving
$169K
+19.6% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$14K
+9.7% YoY
Under IRS private-foundation payout rules, Roy Talmo Foundation Inc reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
About Roy Talmo Foundation Inc
Based on IRS filings
Roy Talmo Foundation Inc is a private foundation focused on Human Services, based in WEST PALM BEACH, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $169K. Net investment income was $48K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,955,996 | $2,078,426 | $2,195,777 |
| Revenue | $77,057 | $55,581 | $1,918,247 |
| Expenses | $199,487 | $172,324 | $55,542 |
| Qualifying Distributions | $169,452 | $143,025 | $52,000 |
| Net Investment Income | $47,789 | $26,370 | $6,356 |
| Distributable Amount | $100,654 | $102,622 | $25,413 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Society of the Four Arts ($28,000), American Friends of Louvre ($25,000), Norton Museum of Art Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Society of the Four Arts Palm Beach, FL | General Operating | $28,000 |
| American Friends of Louvre New York, NY | General Operating | $25,000 |
| Norton Museum of Art Inc West Palm Beach, FL | General Operating | $25,000 |
| The Fund for West Palm Beach Police Inc West Palm Beach, FL | General Operating | $23,000 |
| Lincoln Center Theater New York City, NY | General Operating | $20,000 |
| Historical Society of Palm Beach County West Palm Beach, FL | General Operating | $12,000 |
| Compass Inc Lake Worth, FL | General Operating | $8,000 |
| West Palm Beach Fraternal Order of Firefighters West Palm Beach, FL | General Operating | $8,000 |
| Wounded Veterans Relief Fund North Palm Beach, FL | General Operating | $8,000 |
| Chamber Music Society of Palm Beach Palm Beach, FL | General Operating | $8,000 |
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 |
|---|---|---|---|
| Bill Bone | Director | 1 | — |
| Peter Cruise | Director | 1 | — |
| Monte Lambert | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Roy Talmo Foundation Inc?
Roy Talmo Foundation Inc is a private foundation focused on Human Services, based in WEST PALM BEACH, FL. It holds $2.0M in total assets as of 2024.
How large is Roy Talmo Foundation Inc?
As of 2024, Roy Talmo Foundation Inc holds $2.0M in total assets with $77K in annual revenue. It awarded 12 grants totaling $169K in 2024.
Where does Roy Talmo Foundation Inc operate?
Roy Talmo Foundation Inc has awarded grants in Florida, New York.
What size grants does Roy Talmo Foundation Inc award?
In 2024, Roy Talmo Foundation Inc awarded 12 grants totaling $169K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Roy Talmo Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Roy Talmo Foundation Inc reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Roy Talmo Foundation Inc's EIN?
Roy Talmo Foundation Inc's EIN (Employer Identification Number) is 87-4566193. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Roy Talmo 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.