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Marvin O Palmer Trust is a private trust based in SAINT PAUL, MN. The foundation received its IRS ruling in 2003. The principal officer is Us Bank Na Tax Services. It holds total assets of $667K. Annual income is reported at $325K. Total assets have grown from $543K in 2011 to $683K in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. According to available records, Marvin O Palmer Trust has made 4 grants totaling $156K, with a median grant of $40K. The foundation has distributed between $35K and $83K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $83K distributed across 2 grants. Individual grants have ranged from $35K to $41K, with an average award of $39K. Grant recipients are concentrated in Montana. 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.
Marvin O Palmer Trust 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 MT.
Marvin O Palmer Trust has distributed a total of $156K across 4 grants. The median grant size is $40K, with an average of $39K. Individual grants have ranged from $35K to $41K.
Marvin O Palmer Trust typically selects its grantees rather than accepting unsolicited proposals.
Marvin O Palmer Trust is headquartered in SAINT PAUL, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $12K | $0 | $12K |
Total Giving
$50K
Total Assets
$683K
Fair Market Value
$723K
Net Worth
$683K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$34K
Total Grants
4
Total Giving
$156K
Average Grant
$39K
Median Grant
$40K
Unique Recipients
1
Most Common Grant
$41K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Livingston School Board Dist No 1GENERAL OPERATING | Livingston, MT | $35K | 2023 |