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Guido And Ellen Palma Foundation Inc. is a private corporation based in ROCHESTER, NY. The foundation received its IRS ruling in 1999. The principal officer is Roger P Palma. It holds total assets of $1M. Annual income is reported at $99K. Total assets have grown from $909K in 2010 to $1.3M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Guido And Ellen Palma Foundation Inc. has made 72 grants totaling $447K, with a median grant of $5K. Annual giving has grown from $17K in 2020 to $431K in 2023. Individual grants have ranged from $1K to $15K, with an average award of $6K. The foundation has supported 37 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Guido And Ellen Palma Foundation Inc. reported 72 individual grants totaling $447,324 between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $5,250. Half of those grants fell between $4,000 and $7,500. Its largest single grant in the record was $15,000. Its most recent available filing, for fiscal year 2022, reports $234,925 in total giving.
Grantmaking is concentrated in NY, which received 72 of the 72 grants on record (100 percent). Of its 37 distinct grantees, 89 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were The Center For Youth ($34,000), Joseph Avenue Arts And Culture Alliance ($20,000) and Seneca Park Zoo Society ($20,000).
Computed from 72 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$15K
Based on 27 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.
Guido And Ellen Palma Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in NY.
Guido And Ellen Palma Foundation Inc. has distributed a total of $447K across 72 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $15K.
The application deadline is NOVEMBER 15TH OF EACH YEAR. Grants are restricted to programs that provide services or activities for youth in the areas of arts and/or nature. Priority is given to programs that provide direct services to youth or make arts and/or nature education and activities more accessible in a hands-on fashion. All grant funds must be used for youth residing in the greater rochester region of new york state, namely monroe, orleans, genesee, livingston, ontario, yates, cayuga and wayne counties.
Guido And Ellen Palma Foundation Inc. is headquartered in ROCHESTER, NY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Magere | DIRECTOR | $0 | $0 | N/A |
| Roger P Palma | PRESIDENT/TREASURER/DIRECTOR | $0 | $0 | N/A |
| Kimberly L Palma | VICE PRESIDENT/SECY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$235K
Total Assets
$1.3M
Fair Market Value
$1.8M
Net Worth
$1.3M
Grants Paid
$215K
Contributions
$101K
Net Investment Income
$28K
Distribution Amount
$88K
Total: $900K
Total Grants
72
Total Giving
$447K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
37
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Center For YouthCAPITAL PROJECT | Rochester, NY | $15K | 2023 |
| Writers & BooksCAPITAL PROJECT | Rochester, NY | $15K | 2023 |
| Genesee-Orleans Regional Arts CouncilCAPITAL PROJECT | Batavia, NY | $10K | 2023 |
| Seneca Park Zoo SocietyURBAN ECOLOGIST PROGRAM | Rochester, NY | $10K | 2023 |
| Joseph Avenue Arts And Culture AllianceCAPITAL PROJECT | Rochester, NY | $10K | 2023 |
| Merry-Go-Round Playhouse Dba The Rev Theatre CompanyCAPITAL PROJECT | Auburn, NY | $10K | 2023 |
| Push Physical TheatrePUSH YOURSELF PROJECT | Rochester, NY | $9K | 2023 |
| The Keys ProgramPROGRAM SUPPORT | Sherrill, NY | $8K | 2023 |
| A Magical Journey Through StagesPROGRAM SUPPORT | Rochester, NY | $8K | 2023 |
| Salvation Army Of Greater RochesterPROGRAM SUPPPORT | Rochester, NY | $8K | 2023 |
| Canandaigua Lake Watershed AssociationPROGRAM SUPPORT | Canandaigua, NY | $8K | 2023 |
| The Strong Museum Of PlayPROGRAM SUPPORT | Rochester, NY | $7K | 2023 |
| Villa Of HopePROGRAM SUPPORT | Rochester, NY | $7K | 2023 |
| Girls Rock Rochester IncPROGRAM SUPPORT | Rochester, NY | $7K | 2023 |
| AutismupPROGRAM SUPPORT | Rochester, NY | $7K | 2023 |
| Spiritus Christi Church Prison OutreachPROGRAM SUPPORT | Rochester, NY | $6K | 2023 |
| Memorial Art Gallery Of The University Of RochesterPROGRAM SUPPORT | Rochester, NY | $6K | 2023 |
| Rainbow Junction LtdPROGRAM SUPPORT | Penn Yan, NY | $6K | 2023 |
| The Center For Teen EmpowermentPROGRAM SUPPORT | Rochester, NY | $5K | 2023 |
| Auburn Public TheaterPROGRAM SUPPORT | Auburn, NY | $5K | 2023 |
| Deep Arts IncPROGRAM SUPPORT | Rochester, NY | $5K | 2023 |
| Flower City Arts CenterPROGRAM SUPPORT | Rochester, NY | $5K | 2023 |
| Garth Fagan DancePROGRAM SUPPORT | Rochester, NY | $5K | 2023 |
| Hochstein School Of MusicPROGRAM SUPPORT | Rochester, NY | $5K | 2023 |
| Rochester City BalletPROGRAM SUPPORT | Rochester, NY | $4K | 2023 |
| Landmark Society Of Western New YorkPROGRAM SUPPORT | Rochester, NY | $4K | 2023 |