The Palermo Foundation
The Palermo Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in Garden City, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $263K in total assets.
Key facts about The Palermo Foundation
- EIN
- 02-0548845
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $263,073
Data from IRS Form 990-PF, 2024; updated September 2026.
How The Palermo Foundation gives
- In 2022 it paid out 123% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Palermo Foundation
- How to evaluate The Palermo Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$263K
+56.6% YoY
Revenue
$2K
-92.3% YoY
Net Investment Income
—
Expenses
$19K
+68.2% YoY
About The Palermo Foundation
Based on IRS filings
The Palermo Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in Garden City, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $263K in total assets.
Focus Areas
Ready to take the next step with The Palermo Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $263,073 | $168,010 | $136,758 |
| Revenue | $1,547 | $20,123 | $5,332 |
| Expenses | $19,138 | $11,379 | $13,219 |
| Qualifying Distributions | — | — | $7,434 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | $6,063 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 0 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
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 |
|---|---|---|---|
| Gianpiero Palermo MD | President | 10 | — |
| Anna Boutzalis CPA | Treasurer | — | — |
| Rocco Iacoviello Esq | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Palermo Foundation?
The Palermo Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in Garden City, NY. It holds $263K in total assets as of 2024.
How large is The Palermo Foundation?
As of 2024, The Palermo Foundation holds $263K in total assets with $2K in annual revenue.
Where does The Palermo Foundation operate?
The Palermo Foundation has awarded grants in Alabama, Connecticut, New York, Virginia.
What is The Palermo Foundation's EIN?
The Palermo Foundation's EIN (Employer Identification Number) is 02-0548845. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.