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Charles W Palmer Family Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2001. The principal officer is Northern Trust Company. It holds total assets of $5.3M. Annual income is reported at $918K. Total assets have grown from $3.7M in 2011 to $5.5M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Charles W Palmer Family Foundation has made 4 grants totaling $1.3M, with a median grant of $318K. The foundation has distributed between $287K and $695K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $695K distributed across 2 grants. Individual grants have ranged from $287K to $348K, with an average award of $318K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Charles W Palmer Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Charles W Palmer Family Foundation has distributed a total of $1.3M across 4 grants. The median grant size is $318K, with an average of $318K. Individual grants have ranged from $287K to $348K.
Charles W Palmer Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles W Palmer Family Foundation is headquartered in CHICAGO, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alice A Palmer | TRUSTEE | $0 | $0 | N/A |
| Melissa Strange | TRUSTEE | $0 | $0 | N/A |
| Heidi Palmer | TRUSTEE | $0 | $0 | N/A |
| Charles W Palmer | TRUSTEE | $0 | $0 | N/A |
Total Giving
$345K
Total Assets
$5.5M
Fair Market Value
$6.6M
Net Worth
$5.5M
Grants Paid
$287K
Contributions
N/A
Net Investment Income
$242K
Distribution Amount
$326K
Total: $5.2M
Total Grants
4
Total Giving
$1.3M
Average Grant
$318K
Median Grant
$318K
Unique Recipients
1
Most Common Grant
$348K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleGENERAL | See Attached Schedule, IL | $287K | 2023 |