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Also known as: FOUNDATION INC
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Kip And Amy Palmer Family Foundation Inc. is a private corporation based in VICTOR, NY. The foundation received its IRS ruling in 2019. The principal officer is Cogency Global Inc.. It holds total assets of $2M. Annual income is reported at $98K. Total assets have grown from $11K in 2019 to $1.9M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Kip And Amy Palmer Family Foundation Inc. has made 16 grants totaling $112K, with a median grant of $5K. Annual giving has grown from N/A in 2020 to $85K in 2023. Individual grants have ranged from N/A to $50K, with an average award of $7K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Tennessee, Indiana, which account for 75% of all grants. Grantmaking reaches organizations across 7 states. 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.
Kip And Amy Palmer Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, TN, IN.
Kip And Amy Palmer Family Foundation Inc. has distributed a total of $112K across 16 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from N/A to $50K.
The application deadline is GRANT REQUESTS WILL BE REVIEWED ON AN ONGOING BASIS. Grants are awarded to individuals that qualify as a "charitable class and to organizations that qualify as "public charities" as described in section 501(c)(3) and 509(a) of the irc of 1986, as amended(the "code"), to support the exempt activities carried on by those organizations.
Kip And Amy Palmer Family Foundation Inc. is headquartered in VICTOR, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy E Palmer | VICE PRESIDENT, SECRETARY, DIRECTOR | $0 | $0 | N/A |
| Dwight M Palmer | PRESIDENT, TREASURER, DIRECTOR | $0 | $0 | N/A |
Total Giving
$106K
Total Assets
$1.9M
Fair Market Value
$2M
Net Worth
$1.9M
Grants Paid
$85K
Contributions
$50K
Net Investment Income
$48K
Distribution Amount
$91K
Total Grants
16
Total Giving
$112K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lollypop FarmUNRESTRICTED | Fairport, NY | $50K | 2023 |
| City Church For All Nations Dba City ChurchEPISCOPAL SENIORLIFE COMMUNITIES | Bloomington, IN | $5K | 2023 |
| Golisano Autism CenterUNRESTRICTED | Rochester, NY | $5K | 2023 |
| St Jude Children'S Research HospitalUNRESTRICTED | Memphis, TN | $5K | 2023 |
| Willow Domestic Violence CenterUNRESTRICTED | Rochester, NY | $5K | 2023 |
| Boca Grande United Methodist ChurchUNRESTRICTED | Boca Grande, FL | $5K | 2023 |
| Episcopal Seniorlife CommunitiesUNRESTRICTED | Rochester, NY | $5K | 2023 |
| Convoy Of HopeUNRESTRICTED | Springfield, MO | $5K | 2023 |
| Christine G Watt Scholarship FundUNRESTRICTED | Victor, NY | $5K | 2022 |
| Ronald Mcdonald HouseUNRESTRICTED | Chicago, IL | $5K | 2022 |
| Indiana University FoundationNEURODYNAMICS OF MEMORY | Bloomington, IN | $5K | 2022 |
| Mayo ClinicGREATEST NEEDS AT MAYO CLINIC | Rochester, MN | $3K | 2022 |
| Victor Community ChurchUNRESTRICTED | Victor, NY | N/A | 2020 |