Sam & Mary Palumbo Family Foundation
Accepts applications
Sam & Mary Palumbo Family Foundation is a private foundation in Hillside, Illinois. In tax year 2024 it gave $461,987 in 49 grants; the typical grant was $10,000 and the largest $84,150. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$461,987
- Number of grants49
- Typical grant$10,000
- Largest grant$84,150
- Assets$3.8 million
- New grantees60%
Giving in 2024 was up from $340,500 the year before.
60% 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 |
|---|---|---|---|
| 2023 | $340,500 | 39 | $3.7 million |
| 2024 | $461,987 | 49 | $3.8 million |
How to apply
| Contact | Mary Palumbo 321 Center Street, Hillside, IL 60162 |
|---|---|
| Phone or email | (708) 544-9440, info@palumbofoundation.org |
| What to submit | Scholarships are open to all high school seniors, students with ged diplomas, undergraduate (2 yr or 4 yr) college students, and student at vocational or trade schools who meet the program requirements. Apply at www.palumbofoundation.org |
| Deadlines | We only accept application from january 1 - march 31st for the current year's scholarships. |
| Restrictions | Applicants must have a gpa of 3.0 or higher, an annual adjusted gross family income of $65,000 or less, and residence in Illinois' cook, dupage, kane, lake, or will counties for at least six months. |
Foundation website IRS filings on ProPublica
What Sam & Mary Palumbo Family Foundation funds
Where it gives
Its grants went to recipients in 11 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 33 | $328,650 |
| Michigan | 4 | $35,000 |
| Massachusetts | 2 | $20,000 |
| Wisconsin | 2 | $20,000 |
| Iowa | 2 | $15,000 |
| Georgia | 1 | $15,000 |
| Ohio | 1 | $10,000 |
| Pennsylvania | 1 | $10,000 |
| Minnesota | 1 | $5,000 |
| Nebraska | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Infant Welfare Society of Chicago | Program support | $84,150 |
| Elmhurst University | Elsa program | $30,000 |
| Christ the King Jesuit College Prep | Adopt a student scholarship program | $25,000 |
| George Washington University | Scholarship | $15,000 |
| San Miguel School Chicago | Gold circle scholarship | $15,000 |
| Ray Graham Association | Therapeutic program support | $12,000 |
| University of Iowa | Scholarship | $10,000 |
| Gannon University | Scholarship | $10,000 |
| Wheaton College | Scholarship | $10,000 |
| University of Michigan | Scholarship | $10,000 |
| Boston College | Scholarship | $10,000 |
| University of Michigan | Scholarship | $10,000 |
| Marquette University | Scholarship | $10,000 |
| Edgewood College | Scholarship | $10,000 |
| Northwestern University | Scholarship | $10,000 |
| Cedarville University | Scholarship | $10,000 |
| Illinois State University | Scholarship | $10,000 |
| University of Michigan | Scholarship | $10,000 |
| Loyola University Chicago | Scholarship | $10,000 |
| Boston University | Scholarship | $10,000 |
| Illinois State University | Scholarship | $10,000 |
| Kittie's Warriors Foundation | Pediatric cancer | $10,000 |
| National Louis University | P.a.c.e. Program | $10,000 |
| Adult and Teen Challenge Illinois | 2024 education materials | $10,000 |
| The Community House | Gold sponsor | $10,000 |
| Green Halo Scholars | College support | $6,500 |
| Dominican University | Scholarship | $5,500 |
| Individual | Scholarship | $5,081 |
| Grand Valley State University | Scholarship | $5,000 |
| University of Illinois at Urbana | Scholarship | $5,000 |
| University of Minnesota | Scholarship | $5,000 |
| Coe College | Scholarship | $5,000 |
| Northwestern University | Scholarship | $5,000 |
| School of the Art Institute Chicago | Scholarship | $5,000 |
| University of Nebraska | Scholarship | $5,000 |
| Bridge Youth & Family | Youth support | $5,000 |
| Little Friends Inc | Youth support | $5,000 |
| Holistic Riding Equestrian | Therapeutic program support | $5,000 |
| Lemons of Love Inc | Kids cancer care packages | $5,000 |
| Individual | Scholarship | $4,919 |
Officers and trustees
- Donald Aleo
- Elizabeth Palumbo Pierce
- Gabriella Palumbo
- George Trimarco
- Jessica Palumbo Christensen
- Kaitlyn Palumbo Gandy
- Mary Palumbo
- Michael Pierce
- Pam Kalafut
- Paul Longi
- Ryan Christensen
- Samantha Palumbo Tropeano
Questions people ask
Does Sam & Mary Palumbo Family Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: We only accept application from january 1 - march 31st for the current year's scholarships.
How much does Sam & Mary Palumbo Family Foundation give?
$461,987 in tax year 2024, across 49 grants, with a typical grant of $10,000.
Who runs Sam & Mary Palumbo Family Foundation?
Its 2024 filing lists Donald Aleo (Vice President), Elizabeth Palumbo Pierce (Director), Gabriella Palumbo (Director) and George Trimarco (Director) among 12 officers and trustees.
What does Sam & Mary Palumbo Family Foundation fund?
Based on its grants, mainly education, youth programs and health.