Arnold & Patsy Palmer Foundation FY2020 filing

Tax-deductible

Los Angeles, CA501(c)(3)EIN 95-6047648

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $3K a year · 9% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$17K
Spent
$28K
Net assets
$2K
By yearFY2020–FY2024
Revenue
$17K
FY2020
Revenue by fiscal year
FY2020$17K
FY2021$35K
FY2022$33K
FY2023$28K
FY2024$30K
Expenses
$28K
FY2020
Expenses by fiscal year
FY2020$28K
FY2021$31K
FY2022$37K
FY2023$29K
FY2024$30K
Net assets
$2K
FY2020
Net assets by fiscal year
FY2020$2K
FY2021$6K
FY2022$1K
FY2023$333
FY2024$13

From the FY2020 Form 990 (year ending November 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1963.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 98% · $28K Operating & administrative 2% · $670

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Arnold & Patsy Palmer Foundation executive salaries →

Programs and updates

A private foundation based in Los Angeles, CA.

Provided by the organization

This section is blank until Arnold & Patsy Palmer Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $37K · 2021–2021
See AttachedFY2021$36,650

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$37K
Median grantPart XV$37K
Largest grantPart XV$37K

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$17K
Gifts and grants$17K
Money out
$28K
Grants paid$28K
Running costs$670
Owns and owes
$2K
net assets
Cash and savings$2K
Total assets$2K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$17K
Total revenue$17K
Assets in detailEnd of year
Cash and savings together$2K
Total assets$2K
Liabilities$0
Net assets$2K
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $30K$30K−$320$13 990 PDF
FY2023 $28K$29K−$1K$333 990 PDF
FY2022 $33K$37K−$4K$1K 990 PDF
FY2021 $35K$31K$4K$6K 990 PDF
FY2020 Viewing $17K$28K−$11K$2K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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