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Private Foundation · NY · Private Grantmaking Foundations

Guido And Ellen Palma Foundation Inc

Rochester, NY  ·  EIN 161559984  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$1.0M

Total Giving

$540K

Grants on File

94

Average Grant

$6K

Giving Radius

Where Guido And Ellen Palma Foundation Inc Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — no grants on file CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — $540K across 94 grants OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 52 recipients across 1 state. Top concentrations: ROCHESTER ($389K, 64 grants), BATAVIA ($25K, 2 grants), AUBURN ($24K, 4 grants), MUMFORD ($18K, 2 grants), SHERRILL ($15K, 2 grants).

Section I

How to Apply

The required grant application is available on the foundation's website (palmafoundation.org). Along with the completed grant application, an applicant must also submit: - Its most recent audited financial statements - An annual budget - A copy of its IRS Section 501(c)(3) exemption letter The preferred method for submitting applications is by electronic transmission through the foundation's website. If an applicant is unable to submit an application electronically through the foundation's website, it may email the application to info@palmafoundation.org or mail it to the address listed above.

On Unsolicited Proposals yes

Restrictions

Grants are restricted to programs that provide services or activities for youth, especially in the areas of arts and/or nature. All grant funds must be used for youth residing in the greater Rochester region of New York State, namely Monroe, Orleans, Genesee, Livingston, Ontario, Yates, Cayuga and Wayne counties.

Section IV

Recent Grants

Recipient Amount Year
Genesee Country Village and Museum $2K 2020
Mary Cariola Children's Center $2K 2020
The Center for Youth $4K 2020
Cornell University Cooperative Extension Yates County $2K 2020
Sonnenberg Gardens and Mansion $2K 2020
The Gatesinger Company Ltd $2K 2020
Seneca Park Zoo Society $2K 2021
Refugees Helping Refugees $5K 2021
Spiritus Christi Church $4K 2021
Girls Rock Rochester INC $5K 2021
Merry-Go-Round Playhouse $4K 2021
Push Physical Theatre $4K 2021
Rochester Museum & Science Center $5K 2021
Rochester Philharmonic Orchestra $5K 2021
Gateways Music Festival INC $5K 2021
Hochstein School of Music $5K 2021
Camp Puzzle Peace INC $2K 2021
Cameron Community Ministries $5K 2021
Endless Highway INC $2K 2021
Finger Lakes Opera INC $5K 2021
Geva Theatre Center $5K 2021
Girl Scouts of Western New York $2K 2021
Landmark Society of Western New York $4K 2021
Lollypop Farm $2K 2021
Clyde Savannah Public Library $4K 2021

Page 1 of 4 · 94 total

Section V

Board of Directors

  • ROGER P PALMA PRESIDENT/TREASURER/DIRECTOR
  • KIMBERLY L PALMA VICE PRESIDENT/SECY/DIRECTOR
  • RICHARD MAGERE DIRECTOR
  • ROGER P PALMA PRESIDENT/TREASURER/DIRECTOR
  • KIMBERLY L PALMA VICE PRESIDENT/SECY/DIRECTOR
  • RICHARD MAGERE DIRECTOR
  • ROGER P PALMA PRESIDENT/TREASURER/DIRECTOR
  • KIMBERLY L PALMA VICE PRESIDENT/SECY/DIRECTOR
  • RICHARD MAGERE DIRECTOR
  • ROGER P PALMA PRESIDENT/TREASURER/DIRECTOR
  • KIMBERLY L PALMA VICE PRESIDENT/SECY/DIRECTOR
  • RICHARD MAGERE DIRECTOR

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $1.3M $88K $106K $235K
2022 $1.5M $96K $301K $206K
2021 $1.4M $98K $43K $138K
2020 $1.5M $90K $98K $34K
2019 $1.5M $87K $100K $140K
2015 $1.2M $80K $171K $122K
2014 $1.1M $75K $151K $123K
2013 $1.1M $64K $120K $88K
2012 $1.0M $53K $201K $73K
2011 $909K $46K $208K $72K

Section VII

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