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Palmer Family Foundation is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 2024. It holds total assets of $998K. Annual income is reported at $208K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Palmer Family Foundation has made 14 grants totaling $61K, with a median grant of $5K. Individual grants have ranged from $2K to $10K, with an average award of $4K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Alabama, Arkansas, North Carolina, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Palmer Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in AL, AR, NC.
Palmer Family Foundation has distributed a total of $61K across 14 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $2K to $10K.
Palmer Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Palmer Family Foundation is headquartered in MOBILE, AL. While based in AL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward Anderson | TRUSTEE | $0 | $0 | $0 |
| Faye M Olensky | TRUSTEE | $0 | $0 | $0 |
| Jacob A Palmer | TRUSTEE | $0 | $0 | $0 |
| Jared A Palmer | TRUSTEE | $0 | $0 | $0 |
| Theresa Rene Palmer | TRUSTEE | $0 | $0 | $0 |
Total Giving
$68K
Total Assets
$964K
Fair Market Value
$964K
Net Worth
$964K
Grants Paid
$61K
Contributions
$0
Net Investment Income
$21K
Distribution Amount
$47K
Total: $937K
Total Grants
14
Total Giving
$61K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$2K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Isaiah 4212 MissionsGENERAL | Hot Springs, AR | $10K | 2023 |
| Camp CorralGENERAL | Raleigh, NC | $7K | 2023 |
| Haywoods HopeGENERAL | Mobile, AL | $7K | 2023 |
| Magic MomentsGENERAL | Birmingham, AL | $7K | 2023 |
| Baller Dream FoundationGENERAL | Scottsdale, AZ | $5K | 2023 |
Other foundations that have funded Palmer Family Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Henderson Foundation | $10K | 2022 | BENEVOLENCE |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
| Distinguished Young Women FoundationGENERAL |
| Mobile, AL |
| $5K |
| 2023 |
| Buckaroo FoundationGENERAL | Saraland, AL | $5K | 2023 |
| Ransom MinistriesHAMMER MILL | Chickasaw, AL | $5K | 2023 |
| For Hope Us IncGENERAL | Mobile, AL | $3K | 2023 |
| Flourish Community FoundationGENERAL | Daphne, AL | $3K | 2023 |
| Friends Of Mobile Animal ShelterGENERAL | Mobile, AL | $2K | 2023 |
| United Cerebral Palsy Of Mobile IncGENERAL | Mobile, AL | $2K | 2023 |
| Goodwill Easter Seals Of Gulf CoastGENERAL | Mobile, AL | $2K | 2023 |
| Penelope HouseGENERAL | Mobile, AL | $2K | 2023 |
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