Private Foundation

FLORENCE B & CORNELIA A PALMER FOUNDATION

FLORENCE B & CORNELIA A PALMER FOUNDATION, of ELGIN, IL, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $135K in revenue, $284K in expenses, $962K in total assets. IRS filings disclose 77 grants awarded by this foundation, totaling roughly $839K.

EIN: 364171713 ELGIN, IL Latest filing: 2024

Total Revenue$135K

Total Expenses$284K

Total Assets$962K

Grants Given77

Grant Total$839K

Filing Years2019–2024

Sample Grants Given

ELGIN SYMPHONY ORCHESTRA

ELGIN, IL · 2024

DEVELOPMENT GRANT

$16,000

SIDE STREET STUDIO

ELGIN, IL · 2024

DEV GRANT

$16,000

CHILDREN'S THEATRE COMPANY OF ELGIN

ELGIN, IL · 2024

DEV GRANT

$14,000

ELGIN MASTER CHORAL

ELGIN, IL · 2024

DEV GRANT

$13,500

CHAMBER MUSIC ON THE FOX

ELGIN, IL · 2024

DEV GRANT

$11,000

Showing up to 5 of 77 total records — full history available with membership.

Officers & Directors

CO-TRUSTEE Donald Hopp

CO-TRUSTEE A Frederick J Steffen

CO-TRUSTEE Robert Steffen

Officer compensation and complete director data available with membership.

Top Grant Purposes

DEV GRANT

$294,000 23 grants

DEVELOPMENT GRANT

$115,500 5 grants

VOCAL MUSIC PERFORMING ARTS

$70,000 2 grants

ORCHESTRA PERFORMING ARTS

$67,500 2 grants

CHALLANGE GRANT

$58,668 9 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$135K	$284K	$962K
2023	$54K	$221K	$1.1M
2022	$96K	$287K	$1.3M
2020	$76K	$231K	$1.5M
2019	$95K	$248K	$1.6M

Between 2019 and 2024, reported annual revenue grew from $95K to $135K (+42%), with total assets most recently reported at $962K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

Full geographic grant map with state-by-state breakdown available with membership.

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