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The Palmer Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1988. It holds total assets of $6.1M. Annual income is reported at $3.6M. Total assets have grown from $345K in 2011 to $6.8M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Pennsylvania, Massachusetts and Oregon. According to available records, The Palmer Foundation has made 8 grants totaling $4.8M, with a median grant of $625K. Annual giving has decreased from $3M in 2022 to $1.8M in 2023. Individual grants have ranged from $25K to $1M, with an average award of $600K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Washington. Contributions to this foundation are tax-deductible.
The Palmer Foundation is a small, closely held family foundation (IRS-registered at 360 Madison Ave, New York, NY; EIN 25-1568606; ruling date May 1988) run by four family officers — President Debra Palmer, Directors Charles Palmer and Janet Lipcon, and Secretary/Treasurer Wayne Reisner — none of whom draw compensation, a strong signal this is an unstaffed, board-driven vehicle rather than a program-officer shop. Its own site is explicit: it does not accept unsolicited applications and selects grantees by invitation, routed through a Foundant grants-management portal for those it has already identified. That makes cold outreach close to pointless; the realistic path in is a warm introduction through the two stated program pillars — Workforce Development (training for veterans, youth, nurses, and tradespeople outside the four-year-college track) and WASH (water access, sanitation, and hygiene, both domestic and international) — or through a 'special family interest' project a trustee personally champions (arts, education, youth programming, medical services). The grantee list bears this out: of $4.8M in matched historical giving across 8 grants, Pennsylvania State University and Centre Volunteers in Medicine (a Centre County, PA free clinic) alone account for $4.75M, with two much smaller community grants (Discovery Space, Future Sports and Mentorship, $25K each) rounding it out — a pattern consistent with a board member's personal or institutional ties to central Pennsylvania rather than a broad, competitive grant program. First-time prospects should not expect an LOI-to-full-proposal-to-site-visit funnel; there is no public evidence of a structured multi-stage process. Instead, treat this as relationship philanthropy: identify a board connection, align tightly with WASH or workforce development language, and expect funding to arrive as a large, concentrated commitment (often six or seven figures) rather than a modest general-operating grant.
Total matched historical giving in the record is $4.8M across 8 grants (avg. $600,000), but that average is skewed hard by two anchor relationships: Pennsylvania State University received $2.0M across 2 grants and a further $1.0M single grant under a slightly different name variant (Pennsylvania State Unversity), and Centre Volunteers in Medicine received $1.75M across 3 grants — together 94% of matched dollars. The remaining two grantees, Discovery Space and Future Sports And Mentorship, each received $25,000. The Foundation's own stated typical grant size is a median of $62,500 (range $30,000-$1,000,000, average $288,750 across 4 recently characterized grants), suggesting the majority of individual checks are modest five-figure sums punctuated by occasional seven-figure commitments to anchor institutions. Annual giving has been extremely volatile: 990 filings show total giving of $1,259,401 (FY2020), $1,533,239 (FY2021), $1,626,408 (FY2022), then a sharp drop to $108,531 (FY2023) — a year with $0 in grants_paid reported alongside $108,531 in total giving, likely reflecting timing/accrual differences in the filing. Earlier years (2011-2015) show the Foundation operating at a much smaller scale, with total giving under $56,000 annually and assets around $320,000-$366,000, before a 2019-2020 capital infusion (contributions received of $9.24M in FY2019 and $3.43M in FY2020) roughly quintupled assets to a peak near $10.03M (FY2020), since drawn down to $6.79M (FY2023) and reportedly $6.1M by FY2024 per third-party data. Geographically, matched grantee data shows Pennsylvania dominant (7 of 8 grants, $4.675M) with a single Washington State grant; the Foundation's own stated geographic focus adds Massachusetts and Oregon, and web research adds a Washington State University commitment (~$125K, FY2024) — indicating real expansion beyond the historic PA core even though it hasn't yet shown up in the matched-grants dataset here.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| The Palmer Foundation | $6.1M-$6.8M | $108K-$1.6M (volatile) | WASH + Workforce Development | Invitation only |
| Centre Volunteers in Medicine (grantee, for scale) | N/A (nonprofit recipient) | N/A | Free/charitable clinic, Centre County PA | N/A |
| Typical small family foundation (nat'l benchmark) | $5M-$15M | 5% payout (~$250K-$750K) | Varies by trustee interest | Often invitation-only or LOI-gated |
| Larger WASH-focused funders (e.g., Conrad N. Hilton Fdn WASH program, for contrast) | $8B+ | Tens of millions | Global water/sanitation | Competitive RFP |
| Regional PA higher-ed/health funders (e.g., other central-PA family foundations) | $2M-$20M | $100K-$2M | Higher ed, healthcare, community | Mixed, often relationship-driven |
The Palmer Foundation sits squarely in the small, unstaffed family-foundation tier — its assets and payout put it far below dedicated global WASH funders like the Hilton Foundation, and it lacks any competitive application infrastructure a peer-scale RFP-driven funder would run. Its closest functional peers are other central-Pennsylvania relationship-driven family foundations that concentrate giving on a small number of trusted institutional partners (here, Penn State and a local free clinic) rather than open grant cycles, making warm introduction the dominant success factor across this entire peer set. No named peer foundations were present in the data bundle, so this table draws on category benchmarks rather than a matched-peer list.
No dated 2025 or 2026 press coverage, grant announcements, or leadership changes for The Palmer Foundation (EIN 25-1568606, New York) turned up in web search — this is a low-visibility family foundation with no news apparatus, consistent with its small, unstaffed structure. The most concrete recent signal is financial: 990 data shows total giving cratered to $108,531 in FY2023 (the latest year in the DB record) after three consecutive years above $1.25M (FY2020-FY2022), while a third-party aggregator (grantable.co) reports FY2024 giving rebounding to roughly $1.5M across 7 grants, led by Centre Volunteers in Medicine ($750K) and Pennsylvania State University ($500K), with WSU Advance Fund ($125K) appearing as a newer, geographically distinct grantee. The Foundation's own website continues to describe over 400 funded projects since 1990 under its two standing pillars (WASH and workforce development), with no indication of a new program launch, campaign, or trustee change. Given the lack of independent news coverage, prospective applicants should treat direct outreach to the Foundation (admin@thepalmerfoundation.org) or research into board members' current institutional affiliations as more reliable intelligence than press monitoring.
Because The Palmer Foundation explicitly does not accept unsolicited proposals and grants by invitation through a Foundant portal, the single highest-leverage move is securing an introduction — through a current grantee (Penn State, Centre Volunteers in Medicine), a shared board connection, or a professional network tie to Debra Palmer, Charles Palmer, Janet Lipcon, or Wayne Reisner — before attempting any written outreach. When an introduction is in hand, frame the ask explicitly around one of the two named pillars: Workforce Development (training for veterans, nurses, youth, or tradespeople, with emphasis on non-collegiate career pathways) or WASH (water access, sanitation, and hygiene, domestic or international) — proposals outside these two frames compete only for the smaller, trustee-discretion 'special family interests' pool (arts, education, youth programming, medical services) and should lean on a personal connection to a board member's known interest rather than a generic mission match. Expect funding to be lumpy and concentrated: the data shows this Foundation writing occasional seven-figure checks to a handful of trusted institutions rather than distributing many modest general-operating grants, so first-time applicants should not expect a small planning grant as a foot in the door — come prepared to make the case for a substantial, multi-year commitment if invited to propose. A common mistake would be treating this like an open RFP funder and cold-emailing a full proposal; with no public LOI form, deadline, or portal login available to non-invited organizations, that effort is very unlikely to be read. Given the FY2023 dip to $108,531 in total giving, confirm current-year payout capacity through the funder's public 990-PF or a direct, low-key inquiry before investing significant relationship-building time, since the Foundation's giving has swung by an order of magnitude within a two-year span.
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Smallest Grant
$30K
Median Grant
$63K
Average Grant
$289K
Largest Grant
$1M
Based on 4 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.
Total matched historical giving in the record is $4.8M across 8 grants (avg. $600,000), but that average is skewed hard by two anchor relationships: Pennsylvania State University received $2.0M across 2 grants and a further $1.0M single grant under a slightly different name variant (Pennsylvania State Unversity), and Centre Volunteers in Medicine received $1.75M across 3 grants — together 94% of matched dollars. The remaining two grantees, Discovery Space and Future Sports And Mentorship, each r.
The Palmer Foundation has distributed a total of $4.8M across 8 grants. The median grant size is $625K, with an average of $600K. Individual grants have ranged from $25K to $1M.
The Palmer Foundation is a small, closely held family foundation (IRS-registered at 360 Madison Ave, New York, NY; EIN 25-1568606; ruling date May 1988) run by four family officers — President Debra Palmer, Directors Charles Palmer and Janet Lipcon, and Secretary/Treasurer Wayne Reisner — none of whom draw compensation, a strong signal this is an unstaffed, board-driven vehicle rather than a program-officer shop. Its own site is explicit: it does not accept unsolicited applications and selects g.
The Palmer Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wayne Reisner | SECY/TREASUR | $0 | $0 | N/A |
| Debra Palmer | PRESIDENT | $0 | $0 | N/A |
| Janet Lipcon | DIRECTOR | $0 | $0 | N/A |
| Charles Palmer | DIRECTOR | $0 | $0 | N/A |
Total Giving
$109K
Total Assets
$6.8M
Fair Market Value
$10.2M
Net Worth
$6.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$355K
Distribution Amount
N/A
Total: $5.9M
Total Grants
8
Total Giving
$4.8M
Average Grant
$600K
Median Grant
$625K
Unique Recipients
5
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pennsylvania State UnversityGENERAL FUND | State College, PA | $1M | 2023 |
| Centre Volunteers In MedicineGENERAL FUND | State College, PA | $750K | 2023 |
| Discovery SpaceGENERAL FUND | State College, PA | $25K | 2023 |
| Future Sports And MentorshipGENERAL FUND | Vancouver, WA | $25K | 2023 |
| Pennsylvania State UniversityGENERAL FUND | State College, PA | $1M | 2022 |