Stacy and Keith Palagye Foundation
The Stacy and Keith Palagye Foundation is a private foundation based in Cleveland, Ohio. In 2024, it reported 33 grants totaling $2,954,936 to organizations in several states.
Stacy and Keith Palagye Foundation at a glance
In short: Stacy and Keith Palagye Foundation gave $3.0M across 33 grants in 2024 (avg $90K), mostly in Florida. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,954,936
- -1.5% vs 2023
- Grants made (2024)
- 33
- +3.1% vs 2023
- Average grant
- $89,544
- -4.5% vs 2023
- Median grant
- $30,000
- Total assets
- $42,892,683
- -2.0% vs 2023
- New grantees (estimate)
- 29% first-time grantees (8 of 28, 2024)
- Primary geography
- Florida (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Stacy and Keith Palagye Foundation
- How to Apply
-
The filing says no formal application form is used and gives no restrictions on awards. Requests should include a project description and justification, the amount requested and grant term, pertinent financial information, and IRS exemption status with a copy of the exemption letter. The filing states that the foundation does not restrict giving to preselected organizations.
- Contact
Application contact: Lavonda D Napka
Mailing address: 1000 Lakeside Ave E, Cleveland, OH 44114
Phone: (216) 875-6500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Stacy and Keith Palagye Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hanley Center Foundation Inc ($700K). Together the top 10 received $2.6M.
Grant Size Distribution
101 grants across all recorded years
The most common grant size was under $50K: 54 grants of 101 (53%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went primarily to recipients in Florida (71%), followed by Pennsylvania (11%), Louisiana (9%), New York (5%), and New Jersey (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
States
Cities
Is Stacy and Keith Palagye Foundation open to new grantees?
29%
first-time grantees, 2024
In 2024, 8 of 28 grantees (29%) were first-time recipients. First grants averaged $20K; repeat grants $140K. How we count
Medians: $18K first-time, $58K repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 224% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $2.0M (2022) to $3.0M (2023). In 2024 it made 33 grants totaling $3.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hanley Center Foundation Inc West Palm Beach, FL | Project Designated Support | $700,000 |
| New Israel Fund Philadelphia, PA | Project Designated Support | $300,000 |
| Jewish Federation of Palm Beach County West Palm Beach, FL | General Operating Support | $250,000 |
| Lord's Place West Palm Beach, FL | Project Designated Support | $250,000 |
| Lord's Place West Palm Beach, FL | Project Designated Support | $250,000 |
| Tulane University New Orleans, LA | Program Support | $250,000 |
| Planned Parenthood of South Florida and the Treasu West Palm Beach, FL | Project Designated Support | $150,000 |
| Inner City Innovators West Palm Beach, FL | General Operating Support | $100,000 |
| Town of Palm Beach United Way Palm Beach, FL | General Operating Support | $100,000 |
| Jewish Federation of Palm Beach County West Palm Beach, FL | General Operating Support | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $42,892,683 | $5,205,845 | $6,217,394 | $2,954,936 | 33 | $2,954,936 | $4,490,646 | $1,320,072 |
| 2023 | $43,765,791 | $1,997,600 | $5,491,139 | $2,999,951 | 32 | $2,999,951 | $1,315,717 | $1,345,412 |
| 2022 | $44,445,188 | $51,907,793 | $3,969,481 | $2,008,816 | 36 | $2,009,151 | $591,410 | $1,697,980 |
| 2021 | $51,267,932 | — | — | — | — | — | — | — |
Under IRS private-foundation payout rules, Stacy and Keith Palagye Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants show support for a range of organizations and purposes. Hanley Center Foundation describes its mission as addressing addiction through prevention, advocacy, treatment, and recovery support. The Lord’s Place describes its work as breaking the cycle of homelessness through housing and supportive services. Jewish Federation of Palm Beach County says it works to strengthen Jewish identity, energize relationships with Israel, and meet human needs within the Jewish community.
Other 2024 recipients include Inner City Innovators, which says it empowers high-risk youth through interventions intended to foster safety, freedom, and purpose; Town of Palm Beach United Way, which describes its focus as education, income, and health; and American Jewish World Service, which says it works to realize human rights and end poverty internationally.
Grantmaking
In 2024, the foundation reported 33 grants totaling $2,954,936. Awards ranged from $24 to $700,000, with a median grant of $30,000.
Among the largest reported grants were $700,000 to Hanley Center Foundation for project-designated support; $300,000 to New Israel Fund for project-designated support; $250,000 to Jewish Federation of Palm Beach County for general operating support; and two separate $250,000 project-designated grants to The Lord’s Place. Other large grants included $250,000 to Tulane University for program support, $150,000 to Planned Parenthood of South Florida and the Treasure Coast for project-designated support, and $100,000 each to Inner City Innovators, Town of Palm Beach United Way, and Jewish Federation of Palm Beach County for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lavonda D. Napka as president and secretary; Brady J. Hively as treasurer; Mark A. Madeja as assistant secretary and trustee; and Stephen H. Hoffman, Jehuda Reinharz, Scott S. Cowen, and Adam B. Langsam as trustees.
Stacy and Keith Palagye Foundation is led by Lavonda D. Napka, President & Secretary since 2024 (on filings since 2021); none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lavonda D. Napka
President & Secretary
Secretary → President & Secretary, 2024
On filings since 2021
No compensation reported
Mark A. Madeja
Assistant Secretary & Trustee
Assistant Secretary → Assistant Secretary & Trustee, 2022
On filings since 2021
No compensation reported
Adam B. Langsam
Trustee
On filings since 2022
No compensation reported
Jehuda Reinharz
Trustee
On filings since 2022
No compensation reported
Scott S. Cowen
Trustee
On filings since 2022
No compensation reported
Stephen H. Hoffman
Trustee
On filings since 2022
No compensation reported
Brady J. Hively
Treasurer
New on the 2024 filing
No compensation reported
Former officers (2)
- Former: Bradley S. Smith (2021–2023) — President
- Former: Bradley J. Hively (2023) — Treasurer
Data from IRS Form 990 filings, 2021–2024. "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 Stacy and Keith Palagye Foundation
How much does Stacy and Keith Palagye Foundation give each year?
Stacy and Keith Palagye Foundation gave $3.0M across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.0M across 32 grants.
What is Stacy and Keith Palagye Foundation's typical grant size?
Stacy and Keith Palagye Foundation's median grant in 2024 was $30,000, and its average grant was $89,544, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Stacy and Keith Palagye Foundation that year got $20K on average.
Where does Stacy and Keith Palagye Foundation give grants?
Stacy and Keith Palagye Foundation gives mostly in Florida: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (11%) and Louisiana (9%). The most frequent recipient cities were West Palm Beach, FL (14 grants), Cleveland, OH (5 grants), Rye Brook, NY (3 grants) and New Orleans, LA (2 grants).
Does Stacy and Keith Palagye Foundation give general operating support?
Yes: 61% of Stacy and Keith Palagye Foundation's 2024 grants with a stated purpose (20 of 33) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Project Designated Support" (12 grants).
Who are Stacy and Keith Palagye Foundation's largest grantees?
Stacy and Keith Palagye Foundation's largest 2024 grantees include Hanley Center Foundation Inc ($700,000), Lord's Place ($500,000 across 2 grants) and Jewish Federation of Palm Beach County ($350,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 52% of its itemized 2024 grant dollars.
How large is Stacy and Keith Palagye Foundation?
Stacy and Keith Palagye Foundation reported $42.9M in total assets on its 2024 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What does Stacy and Keith Palagye Foundation fund?
No foundation mission statement is provided. Its 2024 grants show support for a range of organizations and purposes. Hanley Center Foundation describes its mission as addressing addiction through prevention, advocacy, treatment, and recovery support. See mission & focus areas ↑
How do I apply for a grant from Stacy and Keith Palagye Foundation?
The filing says no formal application form is used and gives no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Stacy and Keith Palagye Foundation's EIN?
Stacy and Keith Palagye Foundation's EIN (Employer Identification Number) is 85-1075075. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Stacy and Keith Palagye Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/stacy-and-keith-palagye-foundation-morg_baa798f879b340cbbf6c06c5c66d3999
BibTeX
@misc{grantable_851075075_2026,
author = {{Grantable}},
title = {{Stacy and Keith Palagye Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/stacy-and-keith-palagye-foundation-morg_baa798f879b340cbbf6c06c5c66d3999},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Stacy and Keith Palagye 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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