Palmer Center Foundation Inc

Organization Overview

Palmer Center Foundation Inc is located in Kingsport, TN. The organization was established in 1991. 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 Center 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 06/2023, Palmer Center Foundation Inc generated $8.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $47.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Palmer Center Foundation Inc has awarded 90 individual grants totaling $237,316. 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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Board, Officers & Key Employees

Name (title)Compensation
Jacki Wolfe
President
$0
Leanne Potente
Treasurer
$0
Brenda Whitten
Member
$0
Angie Vermilliom
Member
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $19,638
Net Rental Income$0
Net Gain on Sale of Assets -$11,099
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $8,539

Grants Awarded

Over the last fiscal year, Palmer Center Foundation Inc has awarded $33,656 in support to 13 organizations.

Grant RecipientAmount

SURGOINSVILLE MIDDLE SCHOOL

PURPOSE: COOL DOWN ROOM AND FLEXIBLE SEATING

$3,300

MT CARMEL ELEMENTARY SCHOOL

PURPOSE: TASK BOXES

$300

SURGOINSVILE ELEMENTARY SCHOOL

PURPOSE: ADAPTIVE MATERIALS SENSORY ITEMS CLASSROOM SUPPLIE

$2,100

SMALL MIRACLES

PURPOSE: STUDENT SCHOLARSHIPS

$5,850

VOLUNTEER HIGH SCHOOL

PURPOSE: SPECIAL NEEDS PROM HIGH SCHOOL AND ADULT

$2,000

BROTHERS KEEPERS

PURPOSE: EQUIPMENT AND TECHNOLOGY LEARNING MATERIALS

$5,100
View Grant Profile

Peer Organizations

Organization NameAssets
Fischer Fam Foundation 2008 Charita Ble Tr
Fort Mitchell, KY
$84,603,295
Joe C Davis Foundation
Nashville, TN
$10,381,384
Carson-Myre Charitable Foundation
Paducah, KY
$4,075,748
R B Terry Charitable Foundation Inc
High Point, NC
$8,417,528
Steward Family Foundation
St Louis, MO
$9,619,434
Benwood Foundation Inc
Chattanooga, TN
$6,715,777
Tyson Foundation Inc
Fayetteville, AR
$2,449,507
The Imlay Foundation Inc
Atlanta, GA
$10,684,564
Jefferson Foundation
Festus, MO
$3,247,827
Winthrop Rockefeller Foundation
Little Rock, AR
$4,343,654
Robins Foundation
Richmond, VA
$8,775,608
Altec-Styslinger Foundation Inc
Birmingham, AL
$13,581,203
Anheuser-Busch Foundation
Clayton, MO
$7,550,380
Daniel Foundation Of Alabama
Birmingham, AL
$3,403,391
Day Foundation
Memphis, TN
$8,500,406
Williamsburg Community Health Foundation Inc
Williamsburg, VA
$19,657,852
Chestnut Family Foundation
Atlanta, GA
-$15,341,006
Robert G Iii And Maude Morgan Cabell Foundation
Richmond, VA
$18,313,139
G Harbaugh Foundation
Franklin, TN
$9,941,799
BBVA Foundation
Birmingham, AL
$7,925,433
Charles A Frueauff Foundation Inc
Little Rock, AR
$3,479,230
Nucor Charitable Foundation
Charlotte, NC
$25,339,824
Philip L Graham Fund
Arlington, VA
$3,353,085
Ayers Foundation
Parsons, TN
$8,450,649
Laughing Gull Foundation
Durham, NC
$3,132,291

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