Palmer And Susan Taylor Foundation
- Assets
- $1.3m
- Revenue
- $233.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 10/2017
- Data as of
- 12/2023
- EIN
- 47-5141196
Organization Overview
Palmer And Susan Taylor Foundation is located in Wilmington, DE. The organization was established in 2017. 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 And Susan Taylor 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 12/2023, Palmer And Susan Taylor Foundation generated $233.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $174.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Palmer And Susan Taylor Foundation has awarded 24 individual grants totaling $970,000. 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 | $166,600 |
| Interest on Savings | $453 |
| Dividends & Interest | $65,081 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,363 |
| Capital Gain Net Income | $1,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $233,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,071 |
| Total operating and administrative expenses | $23,982 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $173,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,027 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,311,722 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Palmer And Susan Taylor Foundation has awarded $270,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
U C SAN DIEGO FOUNDATION PURPOSE: KELLY LEE AND DOUGLAS LEE ENDOWED SCHOLARSHIP FUND, K-7259 PHARMACY STUDENT SCHOLARSHIP FUND | $30,000 |
U C SAN DIEGO FOUNDATION PURPOSE: PHILIP ANDERSON AND VERONICA VALDES ENDOWED SCHOLARSHIP FUND NO. K-7337 | $30,000 |
U C SAN DIEGO FOUNDATION PURPOSE: PHARMACEUTICAL SCIENCES RESEARCH PROGRAM F-2576 | $50,000 |
U C SAN DIEGO FOUNDATION PURPOSE: ENDOWED PHARMACEUTICAL SCIENCES SCHOLARSHIP FUND, K-7337 PHILIP ANDERSON AND VERONICA VALDES ENDOWED SCHOLARSHIP FUNDS WILL BE USED FOR PHARMACY STUDENT SCHOLARSHIPS | $30,000 |
U C SAN DIEGO FOUNDATION PURPOSE: PALMER AND SUSAN TAYLOR ENDOWED SCHOLARSHIP FUND, F-4491 TO BE USED FOR PHARMACY STUDENT SCHOLARSHIP FUND | $30,000 |
U C SAN DIEGO FOUNDATION PURPOSE: PHARMACEUTICAL SCIENCES RESEARCH PROGRAM F-2576 | $100,000 |