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Palmer Foundation Inc. is a private corporation based in OCALA, FL. The foundation received its IRS ruling in 2010. The principal officer is Margaret Palmer Parks. It holds total assets of $3.7M. Annual income is reported at $1.2M. Total assets have grown from $245 in 2011 to $3.7M in 2023. 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 2015 to 2023. According to available records, Palmer Foundation Inc. has made 102 grants totaling $1M, with a median grant of $10K. The foundation has distributed between $488K and $539K annually from 2021 to 2022. Individual grants have ranged from $250 to $35K, with an average award of $10K. The foundation has supported 32 unique organizations. Grants have been distributed to organizations in Florida and Georgia and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$10K
Average Grant
$10K
Largest Grant
$35K
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.
Palmer Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 102 grants. Its grantmaking reaches organizations primarily in FL, GA, CO.
Palmer Foundation Inc. has distributed a total of $1M across 102 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $250 to $35K.
Palmer Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Palmer Foundation Inc. is headquartered in OCALA, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan P Klein | PRESIDENT | $0 | $0 | N/A |
| Margaret P Parks | SEC/TREAS/DI | $0 | $0 | N/A |
| Jessica W Mccune | DIRECTOR | $0 | $0 | N/A |
Total Giving
$280K
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$3.7M
Grants Paid
$237K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
N/A
Total: $2.9M
Total Grants
102
Total Giving
$1M
Average Grant
$10K
Median Grant
$10K
Unique Recipients
32
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brothers KeeperGENERAL FUND | Ocala, FL | $25K | 2022 |
| Salvation ArmyGENERAL FUND | Atlanta, GA | $20K | 2022 |
| Cf FoundationSCHOLARSHIP FUND | Ocala, FL | $10K | 2022 |
| Open ArmsGENERAL FUND | Ocala, FL | $10K | 2022 |
| Project HopeGENERAL FUND | Ocala, FL | $5K | 2022 |
| Grace Episcopal ChurchGENERAL FUND | Ocala, FL | $1K | 2022 |
| Boys And Girls Club Of Marion CoGENERAL FUND | Ocala, FL | $25K | 2022 |
| Community Foundation For Ocala MariGENERAL FUND | Ocala, FL | $20K | 2022 |
| Interfaith Emergency ServicesGENERAL FUND | Ocala, FL | $20K | 2022 |
| Habitat For Humanity Of Marion CtyGENERAL FUND | Ocala, FL | $15K | 2022 |
| Marion Senior ServicesGENERAL FUND | Ocala, FL | $10K | 2022 |
| Marion County Literacy Council IncGENERAL FUND | Ocala, FL | $10K | 2022 |
| Arnette HouseGENERAL FUND | Ocala, FL | $10K | 2022 |
| Marion County Childrens Advocacy CeGENERAL FUND | Ocala, FL | $10K | 2022 |
| Skill Day CenterGENERAL FUND | Ocala, FL | $10K | 2022 |
| Transitions Life CenterGENERAL FUND | Ocala, FL | $8K | 2022 |
| Hope ClinicGENERAL FUND | Ocala, FL | $8K | 2022 |
| United Way Of Marion CountyGENERAL FUND | Ocala, FL | $6K | 2022 |
| Hospice Of Marion CountyGENERAL FUND | Ocala, FL | $5K | 2022 |
| Camp Boggy CreekGENERAL FUND | Eustis, FL | $5K | 2022 |
| Pace Center For GirlsGENERAL FUND | Ocala, FL | $5K | 2022 |
| Share The Love OcalaGENERAL FUND | Ocala, FL | $5K | 2022 |
| The Ocala Farm MinistryGENERAL FUND | Ocala, FL | $1K | 2022 |
| The University Of Florida FoundatioSCHOLARSHIP FUND | Gainesville, FL | $250 | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL