Paloheimo Foundation is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 2002. The principal officer is % Whittier Trust. It holds total assets of $11.8M. Annual income is reported at $4.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Paloheimo Foundation has made 43 grants totaling $7.6M, with a median grant of $145K. Annual giving has decreased from $1.8M in 2020 to $1.4M in 2023. Grantmaking activity was highest in 2022 with $3M distributed across 18 grants. Individual grants have ranged from $45K to $568K, with an average award of $177K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in New Mexico, California, AA, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Paloheimo Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NM, CA, AA.
Paloheimo Foundation has distributed a total of $7.6M across 43 grants. The median grant size is $145K, with an average of $177K. Individual grants have ranged from $45K to $568K.
Paloheimo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Paloheimo Foundation is headquartered in PASADENA, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Paloheimo | BOARD MEMBER | $3K | $0 | $3K |
| Sean Paloheimo | BOARD MEMBER | $3K | $0 | $3K |
| Melissa Halme Redell | BOARD MEMBER | $3K | $0 | $3K |
| Martti Paloheimo | BOARD MEMBER | $3K | $0 | $3K |
| George Paloheimo Jr | BOARD MEMBER | $3K | $0 | $3K |
Total Giving
$1.8M
Total Assets
$11.7M
Fair Market Value
$26.6M
Net Worth
$11.6M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$743K
Distribution Amount
$1.3M
Total: $3.7M
Total Grants
43
Total Giving
$7.6M
Average Grant
$177K
Median Grant
$145K
Unique Recipients
17
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Acequia Madre HouseGeneral operating support, Creative Dialogue & Collections | Santa Fe, NM | $300K | 2023 |
| Finlandia Foundation NationalMatching grant, administration, technology, newsletter and special projects | Pasadena, CA | $300K | 2023 |
| Leonora Ja Yrjo Paloheimo SaatioKallio-Kuninkala estate renovations and Staatio 50th anniversary projects | South Pasadena, CA | $237K | 2023 |
| El Rancho De Las GolondrinasMembership match, lighting and water systems upgrade | Santa Fe, NM | $221K | 2023 |
| Pasadena Historical Museum Inc |
| Morgan Halme |
| BOARD MEMBER |
| $3K |
| $0 |
| $3K |
| Paul Halme | BOARD MEMBER | $2K | $0 | $2K |
| Pasadena, CA |
| $160K |
| 2023 |
| School For Advanced ResearchPaloheimo Fellow Program & Innovative Programming | Santa Fe, NM | $100K | 2023 |
| Autry Museum Of The American West"Three Views" Exhibition | Los Angeles, CA | $50K | 2023 |
| Finlandia UniversityPaloheimo Fellows Program 2022-2023 | Hancock, MI | $55K | 2022 |
| Paloheimo Charitable TrustBuilding improvements | Pasadena, CA | $55K | 2022 |
| Acequia MadreGENERAL SUPPORT | Santa Fe, NM | $452K | 2021 |
| Finlandia FoundationGENERAL SUPPORT | Pasadena, CA | $275K | 2021 |
| Paloheimo SaatioGENERAL SUPPORT | Finland, AA | $220K | 2021 |
| El Rancho De Las Golondrinas Charitable TrustMATCHING GRANTS | Santa Fe, NM | $145K | 2021 |
| School Of American ResearchGENERAL SUPPORT | Santa Fe, NM | $125K | 2021 |
| Curtin-Paloheimo TrustBUILDING IMPROVEMENTS | Pasadena, CA | $73K | 2021 |
| Pasadena Historical SocietyMATCHING GRANTS | Pasadena, CA | $64K | 2021 |
| Autry National CenterGENERAL SUPPORT | Los Angeles, CA | $50K | 2021 |
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