Palo Foundation Inc
Preselected recipients only
Palo Foundation Inc is a private foundation in Dubois, Pennsylvania. In tax year 2024 it gave $30,000 in 1 grant; the typical grant was $30,000 and the largest $30,000. 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$30,000
- Number of grants1
- Typical grant$30,000
- Largest grant$30,000
- Assets$53,823
Giving in 2024 was down from $36,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $36,000 | 3 | $79,770 |
| 2024 | $30,000 | 1 | $53,823 |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2024 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
Palo 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 Palo Foundation Inc funds
Where it gives
All of its grants went to recipients in Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 1 | $30,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Educational support | $30,000 |
Officers and trustees
- Michael A Palo
- R Leo Ferraro Cpa
- H Mark Schaffer
- Paul A Roman
Questions people ask
Does Palo Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Palo Foundation Inc give?
$30,000 in tax year 2024, across 1 grant, with a typical grant of $30,000.
Who runs Palo Foundation Inc?
Its 2024 filing lists Michael A Palo (President), R Leo Ferraro Cpa (Treasurer), H Mark Schaffer (Director) and Paul A Roman (Director).
What does Palo Foundation Inc fund?
Based on its grants, mainly education.