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MICHAEL PALM FOUNDATION

NEW YORK, NY · EIN 133745516 · Form 990PF · FY2025 · NTEE T00J · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$77K
expenses
$18K
net assets
$1.1M
employees
profile · synthesized from sources

The Michael Palm Foundation is a private foundation based in New York that supports charitable initiatives through grantmaking. Its funding priorities include education, theater and the arts, and community organizations. The foundation has provided grants to institutions such as Alvernia University, Roundabout Theatre Co, and the Reading Education Foundation.

named programs · 1 · from sources

What they call their work

Charitable Grantmaking Program
Core program distributing financial grants to nonprofit organizations in support of education, theater, arts, and community services
activities · 3 groups

What they do

  • Art Museum Funding and Support 1 activity
    • Funding charitable purposes at arts and cultural organizations
      Funds theater groups and arts centers including ROUNDABOUT THEATRE CO, MICHAEL PALM THEATRE, GOOGLE WORKS CENTER FOR THE ARTS, and SPACE ON RYDER FARM for charitable purposes.
  • LGBTQ+ Community Grantmaking 1 activity
    • Funding charitable purposes at community and social service organizations
      Funds PRIDE AT JEFFERSON CENTER and SPRING GARDEN CIVIC ASSOCIATION for charitable purposes, supporting community-based initiatives.
  • General Operating Support Grants 1 activity
    • Funding charitable purposes at educational institutions
      Funds organizations such as the READING EDUCATION FOUNDATION and ALVERNIA UNIVERSITY for charitable purposes, with repeated support indicated by multiple grant entries.
financials · form 990PF · fy2025
revenue
Total revenue$77K
Contributions & grants
Program service revenue
Investment income$34K43%
Other revenue$44K
expenses
Total expenses$18K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$63K
balance sheet
Total assets$1.13M
Cash
Investments
Liabilities
Net assets$1.13M
6 years on record · 2020–2025
leadership · form 990 part vii · fy2025

Who runs it

board members · 3
  • BRAD M JAMULA — DIRECTOR/TREASURER
  • JENNIFER A JAMULA — DIRECTOR/SECRETARY
  • M MELISSA JAMULA — PRES/CHAIRPERSON
relationships · 9

Who they work with

  • ALVERNIA UNIVERSITY Partner — Receives charitable grants from the foundation.
  • FOUNDATION FOR READING AREA COMMUNITY COLLEGE Partner — Receives charitable grants from the foundation.
  • GOOGLE WORKS CENTER FOR THE ARTS Partner — Receives charitable grants from the foundation.
  • MICHAEL PALM THEATRE Partner — Receives charitable grants from the foundation.
  • PRIDE AT JEFFERSON CENTER Partner — Receives charitable grants from the foundation.
  • READING EDUCATION FOUNDATION Partner — Receives charitable grants from the foundation.
  • ROUNDABOUT THEATRE CO Partner — Receives charitable grants from the foundation.
  • SPACE ON RYDER FARM Partner — Receives charitable grants from the foundation.
  • SPRING GARDEN CIVIC ASSOCIATION Partner — Receives charitable grants from the foundation.