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Also known as: FOUNDATION LTD
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Gilbert & J Dorothy Palay Family Foundation Ltd is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 1978. It holds total assets of $1.1M. Annual income is reported at $989K. Total assets have grown from $102K in 2011 to $262K in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Wisconsin, Illinois and California. According to available records, Gilbert & J Dorothy Palay Family Foundation Ltd has made 55 grants totaling $579K, with a median grant of $3K. Annual giving has grown from $171K in 2022 to $255K in 2024. Individual grants have ranged from $1K to $110K, with an average award of $11K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Wisconsin, Illinois, Massachusetts, which account for 71% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$11K
Largest Grant
$60K
Based on 17 grants from the most recent 990-PF filing.
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.
Gilbert & J Dorothy Palay Family Foundation Ltd is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in WI, IL, MA.
Gilbert & J Dorothy Palay Family Foundation Ltd has distributed a total of $579K across 55 grants. The median grant size is $3K, with an average of $11K. Individual grants have ranged from $1K to $110K.
Gilbert & J Dorothy Palay Family Foundation Ltd typically selects its grantees rather than accepting unsolicited proposals.
Gilbert & J Dorothy Palay Family Foundation Ltd is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas M Palay | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Robert J Palay | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Jessica C Sadow | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Daniel G Palay | ASSISTANT SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$261K
Total Assets
$262K
Fair Market Value
$2.5M
Net Worth
$262K
Grants Paid
$255K
Contributions
$100K
Net Investment Income
$230K
Distribution Amount
$116K
Total Grants
55
Total Giving
$579K
Average Grant
$11K
Median Grant
$3K
Unique Recipients
27
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyCHARITABLE | Chicago, IL | $3K | 2023 |
| University Of Wisconsin Hillel FoundationCHARITABLE | Madison, WI | $110K | 2024 |
| Jewish Federation Of MadisonCHARITABLE | Madison, WI | $43K | 2024 |
| The Milwaukee Jewish Federation IncCHARITABLE | Milwaukee, WI | $30K | 2024 |
| Jewish United FundCHARITABLE | Chicago, IL | $20K | 2024 |
| Am ShalomCHARITABLE | Glencoe, IL | $11K | 2024 |
| Uw FoundationCHARITABLE | Madison, WI | $10K | 2024 |
| The Council On Strategic RisksCHARITABLE | Washington, DC | $5K | 2024 |
| Milwaukee Art MuseumCHARITABLE | Milwaukee, WI | $5K | 2024 |
| Harvard Hillel (Hillel Foundation Of Cambridge Inc)CHARITABLE | Cambridge, MA | $4K | 2024 |
| Park Avenue SynagogueCHARITABLE | New York, NY | $4K | 2024 |
| Norton Museum Of Art IncCHARITABLE | West Palm Beach, FL | $2K | 2024 |
| Lymphoma Research FoundationCHARITABLE | New York, NY | $2K | 2024 |
| Beth Israel CenterCHARITABLE | Madison, WI | $2K | 2024 |
| Big Brothers Big Sisters Of Dane CountyCHARITABLE | Madison, WI | $2K | 2024 |
| Emory UniversityCHARITABLE | Atlanta, GA | $1K | 2024 |
| Northwestern UniversityCHARITABLE | Chicago, IL | $1K | 2024 |
| Penn HillelCHARITABLE | Philadelphia, PA | $1K | 2024 |
| L'Chaim Center For Inspired Living IncCHARITABLE | Deerfield, IL | $1K | 2024 |
| Neighborhood House Community Center IncCHARITABLE | Madison, WI | $1K | 2024 |
| American Brain Tumor AssociationCHARITABLE | Chicago, IL | $1K | 2024 |
| Wisconsin Urologic Research Institue (Uw Foundation)CHARITABLE | Madison, WI | $10K | 2023 |
| Mickey Hammerman Legacy Fund IncCHARITABLE | Chicago, IL | $10K | 2023 |
| Congregation Beth DavidCHARITABLE | Amenia, NY | $3K | 2023 |
| Harvard UniversityCHARITABLE | Boston, MA | $2K | 2023 |
| Trustees Of The University Of PennsylvaniaCHARITABLE | Philadelphia, PA | $1K | 2023 |
| Temple Sholom Of ChicagoCHARITABLE | Chicago, IL | $1K | 2023 |