Palmer Foundation

Organization Overview

Palmer Foundation is located in New Braunfels, TX. The organization was established in 1997. 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 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 generated $74.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $310.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Palmer Foundation has awarded 67 individual grants totaling $904,500. 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

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $18
Dividends & Interest $70,518
Net Rental Income$0
Net Gain on Sale of Assets $3,811
Capital Gain Net Income $3,811
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $74,347

Grants Awarded

Over the last fiscal year, Palmer Foundation has awarded $300,000 in support to 22 organizations.

Grant RecipientAmount

NEW BRAUNFELS FOOD BANK

PURPOSE: GENERAL FUND

$48,000

KIDS MEALS HOUSTON

PURPOSE: GENERAL FUND

$25,000

CASA DE ESPERANZA

PURPOSE: GENERAL FUND

$25,000

HOUSTON AREA WOMEN'S CENTER

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL FUND

$25,000

UNIVERSITY OF TEXAS FOUNDATION INC

PURPOSE: GENERAL FUND

$20,000

NATIONAL PARKS CONSERVATION ASSOCIATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL FUND

$20,000
View Grant Profile

Peer Organizations

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