The Francis Asbury Palmer Foundation
The Francis Asbury Palmer Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.9M in total assets. In 2025, it awarded 7 grants totaling $415K. Net investment income was $590K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.9M
+3.5% YoY
Annual Giving
$415K
+40.7% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$59K
+40.7% YoY
Under IRS private-foundation payout rules, The Francis Asbury Palmer Foundation reported a distributable amount of $269K for 2025 — the minimum it must pay out in qualifying distributions.
About The Francis Asbury Palmer Foundation
Based on IRS filings
The Francis Asbury Palmer Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.9M in total assets. In 2025, it awarded 7 grants totaling $415K. Net investment income was $590K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,939,457 | $4,773,261 | $4,995,600 |
| Revenue | $649,127 | $118,051 | $75,976 |
| Expenses | $482,931 | $339,073 | $365,328 |
| Qualifying Distributions | $423,421 | $298,235 | $278,824 |
| Net Investment Income | $589,617 | $77,213 | — |
| Distributable Amount | $269,473 | $259,173 | $251,085 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Community Reach of Montgomery County Inc ($80,000), Union Theological Seminary ($80,000), Vanderbilt University ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL MASSACHUSETTS HOUSING ALLIANCE WORCESTER, MA | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
| COMMUNITY REACH OF MONTGOMERY COUNTY INC ROCKVILLE, MD | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $80,000 |
| FIRST PRESBYTERIAN CHURCH WASHINGTON, PA | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $40,000 |
| FUNDACION AMIGOS DE BOQUETE CHICAGO, IL | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $65,000 |
| HARTFORD INTERNATIONAL UNIVERSITY HARTFORD, CT | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $60,000 |
| UNION THEOLOGICAL SEMINARY NEW YORK, NY | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $80,000 |
| VANDERBILT UNIVERSITY NASHVILLE, TN | UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $80,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANA L REED | PRESIDENT | 0.1 | — |
| SUSAN K REED | DIRECTOR | 0.1 | — |
| PHILLIP P MCGUIGAN | DIRECTOR | 0.1 | — |
| ALLISON CHISOLM HANSEN | DIRECTOR | 0.1 | — |
| LUCY MCGUIGAN | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Francis Asbury Palmer Foundation?
The Francis Asbury Palmer Foundation is a private foundation focused on Education, based in NEW YORK, NY. It holds $4.9M in total assets as of 2025.
How large is The Francis Asbury Palmer Foundation?
As of 2025, The Francis Asbury Palmer Foundation holds $4.9M in total assets with $649K in annual revenue. It awarded 7 grants totaling $415K in 2025.
Where does The Francis Asbury Palmer Foundation operate?
The Francis Asbury Palmer Foundation has awarded grants in Connecticut, Illinois, Massachusetts, Maryland, New York, Pennsylvania, Tennessee.
What size grants does The Francis Asbury Palmer Foundation award?
In 2025, The Francis Asbury Palmer Foundation awarded 7 grants totaling $415K — an average of about $59K per grant, based on its IRS Form 990 filings.
How much is The Francis Asbury Palmer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Francis Asbury Palmer Foundation reported a distributable amount of $269K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Francis Asbury Palmer Foundation's EIN?
The Francis Asbury Palmer Foundation's EIN (Employer Identification Number) is 13-6400635. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Francis Asbury Palmer Foundation'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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