The Palanker Foundation

Foundation · Grantmaker Los Angeles, CA EIN: 95-4663653

The Palanker Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $63K. Net investment income was $83K.

Key facts about The Palanker Foundation

EIN: 95-4663653
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $63,000
Grants made (2024): 6
Average grant: $10,500
Median grant: $12,500
Total assets: $1,001,412
Primary geography: California (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Palanker Foundation funds

By grant dollars, the top recipient states for The Palanker Foundation's 6 itemized 2024 grants were California (75%) and Maryland (21%). The most frequent recipient cities were New York, NY (2 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How The Palanker Foundation gives

Giving grew 31% from 2021 to 2024. Method
In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Palanker Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+1.7% YoY

Annual Giving

$63K

+5.0% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$11K

-30.0% YoY

Under IRS private-foundation payout rules, The Palanker Foundation reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.

About The Palanker Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $47K (75%)

Maryland $13K (21%)

New York $3K (5%)

Share of all 6 itemized 2024 grant dollars.

States

California Maryland New York

Cities

BurbankCanoga ParkSanta BarbaraNew YorkRockville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,001,412	$984,388	$1,014,911
Revenue	$98,735	$83,493	$74,438
Expenses	$81,711	$94,066	$93,508
Qualifying Distributions	$65,250	$72,548	$76,002
Net Investment Income	$83,324	$71,154	$58,357
Distributable Amount	$76,602	$68,625	$75,020

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include West Valley Boys & Girls Club ($20,000), Jewish Federation of Santa Barbara ($15,000), Mattie JT Stenpanick Foundation ($13,000).

Recipient	Purpose	Amount
WEST VALLEY BOYS & GIRLS CLUB Canoga Park, CA	IMPROVE DEVELOPMENT OF BOYS & GIRLS	$20,000
JEWISH FEDERATION OF SANTA BARBARA Santa Barbara, CA	PROMOTE COMMUNITY PROGRAMS IN THE JEWISH COMMUNITY	$15,000
MATTIE JT STENPANICK FOUNDATION Rockville, MD	IMPROVE DEVELOPMENT OF BOYS & GIRLS	$13,000
BOYS & GIRLS CLUB OF BURBANK Burbank, CA	PROVIDE PROGRAM FOR KIDS & TEENS AGES 6 TO 17	$12,000
FRACTURED ATLAS New York, NY	PROVIDE PROGRAM FOR INDIVIDUAL ARTISTS AND ARTS ORGANIZATIONS	$2,000
THE PERFORMANCE ZONE New York, NY	EMPOWER PERFORMING ARTISTS IN CREATIVE AND PROFESSIONAL JOURNEYS	$1,000

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
Louise Palanker	President	—	—
Amy Palanker	Secretary, Treasurer	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Palanker Foundation?

The Palanker Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Los Angeles, CA. It holds $1.0M in total assets as of 2024.

How large is The Palanker Foundation?

As of 2024, The Palanker Foundation holds $1.0M in total assets with $99K in annual revenue. It awarded 6 grants totaling $63K in 2024.

Where does The Palanker Foundation operate?

The Palanker Foundation has awarded grants in California, Maryland, New York.

What size grants does The Palanker Foundation award?

In 2024, The Palanker Foundation awarded 6 grants totaling $63K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Palanker Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Palanker Foundation reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.