The Chris & Yvette Palermo Family Foundation Inc
Preselected recipients only
The Chris & Yvette Palermo Family Foundation Inc is a private foundation in Boca Raton, Florida. In tax year 2024 it gave $66,805 in 14 grants; the typical grant was $2,750 and the largest $16,100. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$66,805
- Number of grants14
- Typical grant$2,750
- Largest grant$16,100
- Assets$808,098
- New grantees50%
Giving in 2024 was down from $73,449 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2021 | $0 | 0 | $1.0 million |
| 2023 | $73,449 | 14 | $862,567 |
| 2024 | $66,805 | 14 | $808,098 |
How to apply
The Chris & Yvette Palermo Family Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Chris & Yvette Palermo Family Foundation Inc funds
Where it gives
Its grants went to recipients in 6 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 8 | $60,200 |
| Montana | 2 | $2,505 |
| Massachusetts | 1 | $1,545 |
| Delaware | 1 | $1,030 |
| Georgia | 1 | $1,000 |
| New York | 1 | $525 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Boca Helping Hands | BHH is a ciommunity based nonprofitthat provides food, medical and financial assistanceto meet basic human needs. | $16,100 |
| George Snow Scholarship Fund | Supports the costs of the Fund | $15,000 |
| Place of Hope | Rescuing abused and neglected children | $10,000 |
| One Hundred Black Men of South Florida | Improve the quality of life of communities and enhance educational and economic opportunities for all African Americans | $5,000 |
| Boca Regional Hospital | Supporting costs of the not-for- profithospital. | $5,000 |
| North Broward Hosp | Supports the costsof the hospital | $5,000 |
| American Heart Association | Supports the costs of for the cause | $3,000 |
| Montana State University Hillel | Supports the costs of hillel | $2,500 |
| Malden Catholic High School | Supports the costs of the high school | $1,545 |
| Impact 100 Plam Beach County Inc | Gathers women from across the community to pool their giving into grants across 5 broadareas - arts and culture, education,enviroment | $1,100 |
| Give Butter Tech 4 Change | Supports the costs of the fund | $1,030 |
| Emory University | Educational Purposed - fostering the productive and civic capacities of its students | $1,000 |
| New York Junior League | Supports the costsof the league | $525 |
| Warriors and Quiet Waters | Veterans service organization serving post 9/11cmbat veterans and their loved ones | $5 |
Officers and trustees
- Salvatore C Palermo
- Yvette L Palermo
- Alexa N Palermo
Questions people ask
Does The Chris & Yvette Palermo Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Chris & Yvette Palermo Family Foundation Inc give?
$66,805 in tax year 2024, across 14 grants, with a typical grant of $2,750.
Who runs The Chris & Yvette Palermo Family Foundation Inc?
Its 2024 filing lists Salvatore C Palermo (President), Yvette L Palermo (Vice President) and Alexa N Palermo (Secretary).
What does The Chris & Yvette Palermo Family Foundation Inc fund?
Based on its grants, mainly health and education.