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Michael Palm Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1995. The principal officer is Anchin. It holds total assets of $1.1M. Annual income is reported at $482K. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in New York, Pennsylvania and Colorado. According to available records, Michael Palm Foundation has made 27 grants totaling $206K, with a median grant of $10K. Annual giving has grown from $28K in 2020 to $43K in 2023. Grantmaking activity was highest in 2022 with $87K distributed across 12 grants. Individual grants have ranged from $1K to $15K, with an average award of $8K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Pennsylvania, Colorado, New York, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$15K
Based on 3 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.
Michael Palm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in PA, CO, NY.
Michael Palm Foundation has distributed a total of $206K across 27 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $1K to $15K.
Michael Palm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael Palm Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer A Jamula | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Brad M Jamula | DIRECTOR/TREASURER | $0 | $0 | N/A |
| M Melissa Jamula | PRES/CHAIRPERSON | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.3M
Fair Market Value
$1.1M
Net Worth
$1.3M
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$52K
Total Grants
27
Total Giving
$206K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michael Palm TheatreCHARITABLE | Telluride, CO | $10K | 2023 |
| Pride At Jefferson CenterCHARITABLE | Wheat Ridge, CO | $10K | 2023 |
| Reading Education FoundationCHARITABLE | Reading, PA | $10K | 2023 |
| Southern Documentary FundCHARITABLE | Durham, NC | $5K | 2023 |
| St Ann'S Warehouse IncCHARITABLE | Brooklyn, NY | $5K | 2023 |
| Google Works Center For The ArtsCHARITABLE | Reading, PA | $3K | 2023 |
| Space On Ryder FarmCHARITABLE | Brewster, NY | $10K | 2022 |
| Girls On The RunCHARITABLE | Charlotte, NC | $5K | 2022 |
| Berks County Breast Cancer Support ServicesCHARITABLE | West Reading, PA | $1K | 2022 |
| Genesius TheatreCHARITABLE | Reading, PA | $15K | 2021 |
| Haymakers For HopeCHARITABLE | Boston, MA | $5K | 2021 |
| Classical ActionCHARITABLE | New York, NY | $15K | 2020 |