The Palms Foundation of Sebring Inc logo

The Palms Foundation of Sebring Inc

Foundation · Grantmaker Sebring, FL EIN: 59-3032441 Website

To provide support for the benefit of both individuals and groups age 60 or older for the purpose of life enhancement

Key facts about The Palms Foundation of Sebring Inc

In short: The Palms Foundation of Sebring Inc gave $48K across 7 grants in 2025 (avg $7K), mostly in Florida. Source: 2025 IRS Form 990.

EIN
59-3032441
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$47,500
Grants made (2025)
7
Average grant
$6,786
Median grant
$5,000
Total assets
$1,822,136
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.8M

+6.0% YoY

Annual Giving

$48K

Grant Count

7

Avg Grant Size

$7K

About The Palms Foundation of Sebring Inc

Based on IRS filings

The Palms Foundation of Sebring Inc is a nonprofit organization focused on Housing & Shelter, based in Sebring, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 7 grants totaling $48K. Net investment income was $53K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2025 grant dollars.

States

Cities

SebringAvon Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20190 grants20202 grants20210 grants20220 grants20230 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Samaritans Touch Care Center: $15KSamaritans Touch Care Center$15KMeals on Wheels Sebring: $13KMeals on Wheels Sebring$13KRidge Area Arc: $5KRidge Area Arc$5KHeartland Food Reservoir: $5KHeartland Food Reservoir$5KWho I Am Foundation: $4KWho I Am Foundation$4KHeartland Horses Equine Activities: $3KHeartland Horses EquineActivities$3KNu Hope Elder Care Services: $3KNu Hope Elder Care Services$3K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SAMARITANS TOUCH CARE CENTER Sebring, FL—$15,000
MEALS ON WHEELS SEBRING Sebring, FL—$12,500
RIDGE AREA ARC Avon Park, FL—$5,000
HEARTLAND FOOD RESERVOIR Sebring, FL—$5,000
WHO I AM FOUNDATION Avon Park, FL—$4,000
HEARTLAND HORSES EQUINE ACTIVITIES Avon Park, FL—$3,000
NU HOPE ELDER CARE SERVICES Sebring, FL—$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019202020212022202320242025
Metric202520242023
Total Assets$1,822,136$1,719,604$1,620,157
Revenue$60,466$45,646$38,312
Expenses$65,576$49,673$60,575
Qualifying Distributions———
Net Investment Income$53,289$42,835$36,222
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS February 9, 2022)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS April 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Palms Foundation of Sebring Inc is led by Paul Staik, President since 2025 (on filings since 2019); none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Paul Staik

    President

    Chairperson → President, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Julia Mercer

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Amy Ohern

    Director

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Ashley Steffner

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Barbara Kesselring

    Assistant Secretary

    Assistant Se → Assistant Secretary, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jerry Whidden

    Vice President

    Director → Vice Chair, 2020

    Vice Chair → Vice President, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • April D. Cooper

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Margaret Staik

    Secretary

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Tom Wood (2019–2024) — Director
  • Former: Ashley Amundsen (2023–2024) — Director
  • Former: Ingra Gardener (2023) — Secretary
  • Former: Kathleen Cappo (2019–2022) — Secretary
  • Former: Michael Keiber (2019–2022) — Director
  • Former: Paul Devlin (2019–2022) — Director
  • Former: Jim Baker (2020–2021) — Director
  • Former: April Harris (2019) — Treasurer
  • Former: Chris Van Der Kaay (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "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 The Palms Foundation of Sebring Inc

How much does The Palms Foundation of Sebring Inc give each year?

The Palms Foundation of Sebring Inc gave $48K across 7 grants in 2025, according to its 2025 IRS Form 990.

What is The Palms Foundation of Sebring Inc's typical grant size?

The Palms Foundation of Sebring Inc's median grant in 2025 was $5,000, and its average grant was $6,786, across 7 grants on its 2025 IRS Form 990.

Where does The Palms Foundation of Sebring Inc give grants?

The Palms Foundation of Sebring Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Sebring, FL (4 grants) and Avon Park, FL (3 grants).

Who are The Palms Foundation of Sebring Inc's largest grantees?

The Palms Foundation of Sebring Inc's largest 2025 grantees include Samaritans Touch Care Center ($15,000), Meals on Wheels Sebring ($12,500) and Ridge Area Arc ($5,000), according to its 2025 IRS Form 990. Together they received 68% of its itemized 2025 grant dollars.

How large is The Palms Foundation of Sebring Inc?

The Palms Foundation of Sebring Inc reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $60K.

What is The Palms Foundation of Sebring Inc?

The Palms Foundation of Sebring Inc is a nonprofit organization focused on Housing & Shelter, based in Sebring, FL. It holds $1.8M in total assets as of 2025.

What is The Palms Foundation of Sebring Inc's EIN?

The Palms Foundation of Sebring Inc's EIN (Employer Identification Number) is 59-3032441. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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