Michael Palm Foundation

Organization Overview

Michael Palm Foundation is located in New York, NY. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Palm Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Michael Palm Foundation generated $124.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $67.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Michael Palm Foundation has awarded 15 individual grants totaling $145,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $49,676
Net Rental Income$0
Net Gain on Sale of Assets $74,788
Capital Gain Net Income $74,788
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $124,464

Grants Awarded

Over the last fiscal year, Michael Palm Foundation has awarded $49,200 in support to 6 organizations.

Grant RecipientAmount

GENESIUS THEATRE

PURPOSE: CHARITABLE

$15,000

READING EDUCATION FOUNDATION

Org PageRecipient Profile

Reading, PA

PURPOSE: CHARITABLE

$11,700

MICHAEL PALM THEATRE

PURPOSE: CHARITABLE

$10,000

GIRLS ON THE RUN

PURPOSE: CHARITABLE

$5,000

HAYMAKERS FOR HOPE

PURPOSE: CHARITABLE

$5,000

GOOGLE WORKS CENTER FOR THE ARTS

PURPOSE: CHARITABLE

$2,500
View Grant Profile

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