The Aldo and Mary Pat Palombo Trust

MARCO ISLAND, FL EIN: 20-4003467

The Aldo and Mary Pat Palombo Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARCO ISLAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 11 grants totaling $17K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16K

+300.6% YoY

Annual Giving

$17K

-53.5% YoY

Grant Count

11

-8.3% YoY

Avg Grant Size

$2K

-49.3% YoY

About The Aldo and Mary Pat Palombo Trust

Based on IRS filings

The Aldo and Mary Pat Palombo Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARCO ISLAND, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 11 grants totaling $17K. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CollegevilleColumbiaMarco IslandNaplesTampaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$47K$71K$94K20202021202220232024
Metric202420232022
Total Assets$15,850$3,957$6,627
Revenue$44,708$48,509$85,754
Expenses$18,160$38,113$46,112
Qualifying Distributions$17,499$37,067$45,538
Net Investment Income$13,697$12,525$40,752
Distributable Amount$26$62

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K14 grants202011 grants202112 grants202212 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marco Island Historical …$10KMarco Island Fire Rescue$2KFoundation Fighting Blin…$1KIsland Co Club Charitabl…$1KNeighborhood Health Clinic$1KKnights of Columbus$500Marco Island Academy$500Marco Island Police Foun…$360Christmas Island Style$325Marco Island Boxing Club$300

Grant Size Distribution

60 grants across all recorded years

60<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
Aldo A Palombo JrTrustee2
Mary Pat PalomboTrustee2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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