The Palomaki Foundation

ROCHESTER, NY EIN: 91-2066516

The Palomaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $2K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$2K

-41.7% YoY

Grant Count

1

-92.3% YoY

Avg Grant Size

$2K

+657.9% YoY

Under IRS private-foundation payout rules, The Palomaki Foundation reported a distributable amount of $129 for 2021 — the minimum it must pay out in qualifying distributions.

About The Palomaki Foundation

Based on IRS filings

The Palomaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AlbanyCincinnatiHamiltonRochesterShakpoeeSpencer

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1K$3K$4K$6K20202021
Metric20212020
Total Assets$2,846
Revenue$1
Expenses$2,846$5,212
Qualifying Distributions$2,198
Net Investment Income
Distributable Amount$129$228

Giving Over Time

Total grant dollars and number of grants per year

$0$942.5$2K$3K$4K13 grants20201 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

FIDELITY CHARITABLE$2K

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Fidelity Charitable ($2,198).

RecipientPurposeAmount
FIDELITY CHARITABLE CINCINNATI, OHLIQUIDATION OF PRIVATE FOUNDATION TO PUBLIC CHARITY IN DISSOLUTION.$2,198

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
JOHN M PALOMAKIPRESIDENT/TREASURER15
PATRICIA R PALOMAKISECRETARY1
LOIS S PALOMAKIVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Palomaki Foundation?

The Palomaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. It holds — in total assets as of 2021.

Where does The Palomaki Foundation operate?

The Palomaki Foundation has awarded grants in Minnesota, New York, Ohio.

What size grants does The Palomaki Foundation award?

In 2021, The Palomaki Foundation awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Palomaki Foundation reported a distributable amount of $129 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Palomaki Foundation's EIN?

The Palomaki Foundation's EIN (Employer Identification Number) is 91-2066516. IRS Form 990 filing data is available on this page for 2020–2021.

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Related Funders

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

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