Palmer Foundation Inc

Organization Overview

Palmer Foundation Inc is located in Ocala, FL. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmer Foundation Inc 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, Palmer Foundation Inc generated $288.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $317.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Palmer Foundation Inc has awarded 160 individual grants totaling $1,451,600. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $29,252
Dividends & Interest $96,592
Net Rental Income$0
Net Gain on Sale of Assets $162,564
Capital Gain Net Income $283
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $41
Total Revenue $288,449

Grants Awarded

Over the last fiscal year, Palmer Foundation Inc has awarded $269,500 in support to 27 organizations.

Grant RecipientAmount

BOYS AND GIRLS CLUB OF MARION CO

PURPOSE: GENERAL FUND

$35,000

INTERFAITH EMERGENCY SERVICES

Org PageRecipient Profile

Ocala, FL

PURPOSE: GENERAL FUND

$25,000

WHIT PALMER MEML FD-ADVENT FOUNDATI

PURPOSE: GENERAL FUND

$25,000

HABITAT FOR HUMANITY OF MARION CTY

PURPOSE: GENERAL FUND

$20,000

SALVATION ARMY

PURPOSE: GENERAL FUND

$20,000

BROTHERS KEEPER

PURPOSE: GENERAL FUND

$15,250
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