Tom & Shirley Palmer Family Foundation

JOHNSON CITY, TN EIN: 20-4079745

Tom & Shirley Palmer Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSON CITY, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $339K in total assets. In 2024, it awarded 5 grants totaling $33K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$339K

+14.1% YoY

Annual Giving

$33K

-26.7% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$7K

+2.7% YoY

About Tom & Shirley Palmer Family Foundation

Based on IRS filings

Tom & Shirley Palmer Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSON CITY, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $339K in total assets. In 2024, it awarded 5 grants totaling $33K.

Ready to take the next step with Tom & Shirley Palmer Family Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AnchorageBloomingtonBooneDuffieldHamptonJefferson CityJohnson CityKingsport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$45K$67K$90K20202021202220232024
Metric202420232022
Total Assets$339,167$297,274$278,651
Revenue$81,479$79,963$78,120
Expenses$39,586$61,341$68,804
Qualifying Distributions$39,586$60,177$68,804
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$29K$43K$58K2 grants20206 grants202110 grants20227 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Doe River Gorge Ministries$10KFairview Community Center$10KFirst United Methodist C…$6KFamilies Involved Servin…$5KRye Cove High School$2K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Doe River Gorge Ministries ($10,000), Fairview Community Center ($10,000), First United Methodist Church ($6,000).

RecipientPurposeAmount
First United Methodist Church Johnson City, TNChurch$6,000
Doe River Gorge Ministries Hampton, TNChildren Ministry$10,000
Fairview Community Center Johnson City, TNCommunity Outreach$10,000
Families Involved Serving Humanity Inc Kingsport, TNCharitable$5,000
Rye Cove High School Duffield, VACharitable$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Thomas D PalmerMember2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Tom & Shirley Palmer Family Foundation?

Tom & Shirley Palmer Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSON CITY, TN. It holds $339K in total assets as of 2024.

How large is Tom & Shirley Palmer Family Foundation?

As of 2024, Tom & Shirley Palmer Family Foundation holds $339K in total assets with $81K in annual revenue. It awarded 5 grants totaling $33K in 2024.

Where does Tom & Shirley Palmer Family Foundation operate?

Tom & Shirley Palmer Family Foundation has awarded grants in Alaska, Minnesota, North Carolina, Tennessee, Virginia.

What size grants does Tom & Shirley Palmer Family Foundation award?

In 2024, Tom & Shirley Palmer Family Foundation awarded 5 grants totaling $33K — an average of about $7K per grant, based on its IRS Form 990 filings.

What is Tom & Shirley Palmer Family Foundation's EIN?

Tom & Shirley Palmer Family Foundation's EIN (Employer Identification Number) is 20-4079745. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Tom & Shirley Palmer Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Tom & Shirley Palmer Family Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Tom & Shirley Palmer Family Foundation to a real strategy.

Plan your approach