Sam and Mary Palumbo Family Foundation
https://palumbofoundation.orgTotal Given 2016–2024
$2.1M
244 grants · $235K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$8K
typical small grants · $5K–$10K
grant size
27%
balanced · 40/150 multi-year
repeat
$3.2M
Assets · 2021
150
Distinct recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
MARY PALUMBO
Phone
7085449440
Deadlines
WE ONLY ACCEPT APPLICATION FROM JANUARY 1 - MARCH 31ST FOR THE CURRENT YEAR'S SCHOLARSHIPS.
How to Apply
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
Restrictions
APPLICANTS MUST HAVE A GPA OF 3.0 OR HIGHER, AN ANNUAL ADJUSTED GROSs FAMILY INCOME OF $61,500 OR LESS, AND RESIDENCE IN ILLINOIS' COOK, DUPAGE, KANE, LAKE, OR WILL COUNTIES FOR AT LEAST SIX MONTHS. CLICK HERE TO VIEW CURRENT ELIGIBILITY REQUIREMENTS
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $112K | $230K | $254K | 18 |
| 2017 | $170K | $2.2M | $476K | 18 |
| 2018 | $266K | $2.0M | $135K | 31 |
| 2019 | N/A | $2.5M | $603K | N/A |
| 2020 | $244K | $2.6M | $311K | 27 |
| 2021 | $226K | $3.2M | $783K | 22 |
| 2022 | $287K | $3.1M | $339K | 40 |
| 2023 | $340K | $3.7M | $903K | 39 |
| 2024 | $466K | $3.8M | $590K | 49 |
Grant Size Distribution
Based on 244 grants on record
Minimum
$500
25th Pctl
$5K
Median
$8K
Average
$9K
75th Pctl
$10K
Maximum
$84K
Geographic Distribution
Officers & Directors
DA
Donald Aleo
16+ yrs
Vice President
Leadership
PK
Pam Kalafut
2 yrs
Director
RC
Ryan Christensen
2 yrs
Director
ST
Samantha Palumbo Tropeano
2 yrs
Director
MP
Mary Palumbo
9+ yrs
Director
PL
Paul Longi
6 yrs
Director
MP
Michael Pierce
2 yrs
Director
KG
Kaitlyn Palumbo Gandy
2 yrs
Director
JC
Jessica Palumbo Christensen
2 yrs
Director
GT
George Trimarco
2 yrs
Director
GP
Gabriella Palumbo
2 yrs
Director
EP
Elizabeth Palumbo Pierce
2 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
DA
Donald Aleo
16+ yrs
Vice President
Leadership
JC
JESSICA PALUMBO Christensen
2 yrs
Director
KG
KAITLYN PALUMBO Gandy
2 yrs
Director
MP
Michael Pierce
2 yrs
Director
PK
Pam Kalafut
2 yrs
Director
RC
Ryan Christensen
2 yrs
Director
GT
George Trimarco
2 yrs
Director
GP
Gabriella PALUMBO
2 yrs
Director
EP
Elizabeth PALUMBO Pierce
2 yrs
Director
ST
SAMANTHA PALUMBO Tropeano
2 yrs
Director
PL
Paul Longi
6 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
JP
Jessica Palumbo
7 yrs
Director
DA
Donald Aleo
16+ yrs
Director
PL
Paul Longi
6 yrs
Director
SP
Samantha Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
DA
Donald Aleo
16+ yrs
Vice President
Leadership
KP
Kaitlyn Palumbo
7 yrs
Director
JP
Jessica Palumbo
7 yrs
Director
PL
Paul Longi
6 yrs
Director
SP
Samantha Palumbo
7 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
JP
Jessica Palumbo
7 yrs
Director
DA
Donald Aleo
16+ yrs
Director
PL
Paul Longi
6 yrs
Director
SP
Samantha Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
DA
Donald Aleo
16+ yrs
Vice President
Leadership
PL
Paul Longi
6 yrs
Director
JP
Jessica Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
SP
Samantha Palumbo
7 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
SP
Samantha Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
JP
Jessica Palumbo
7 yrs
Director
DA
Donald Aleo
16+ yrs
Director
JL
John Liberator
3 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
DA
Donald Aleo
16+ yrs
Vice President
Leadership
SP
Samantha Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
JP
Jessica Palumbo
7 yrs
Director
JL
John Liberator
3 yrs
Director
MP
Mary Palumbo
9+ yrs
President
Leadership
DA
Donald Aleo
16+ yrs
Vice President
Leadership
SP
Samantha Palumbo
7 yrs
Director
KP
Kaitlyn Palumbo
7 yrs
Director
JP
Jessica Palumbo
7 yrs
Director
JL
John Liberator
3 yrs
Director
Grants Awarded (244 total)
| Purpose | ||||
|---|---|---|---|---|
| Infant Welfare Society of Chicago | Chicago, IL | $84,150 | PROGRAM SUPPORT | 2024 |
| Elmhurst College | Elmhurst, IL | $38,000 | SCHOLARSHIP | 2017 |
| University of Illinois at Urbana Champaign | Champaign, IL | $33,500 | Scholarship | 2021 |
| Elmhurst College | Elmhurst, IL | $30,000 | Scholarship | 2020 |
| Elmhurst College - ELSA | Elmhurst, IL | $30,000 | Scholarship | 2023 |
| Elmhurst University | Elmhurst, IL | $30,000 | ELSA PROGRAM | 2024 |
| Elmhurst College | Elmhurst, IL | $28,000 | GRANT | 2018 |
| Elmhurst College | Hillside, IL | $28,000 | SCHOLARSHIP | 2016 |
| University of Illinois at Urbana Champaign | Champaign, IL | $25,500 | Scholarship | 2020 |
| Illinois State University | Normal, IL | $25,000 | Scholarship | 2021 |
| Christ the King Jesuit College Prep | chicago, IL | $25,000 | Scholarship | 2021 |
| Turning Pointe Autism Foundation | Naperville, IL | $25,000 | ScholarshipsJack's Program in Memory of Dan Wolf | 2023 |
| Christ the King Jesuit College Prep | Chicago, IL | $25,000 | ADOPT A STUDENT SCHOLARSHIP PROGRAM | 2024 |
| Bradley University | Peoria, IL | $20,000 | SCHOLARSHIP | 2018 |
| Bear Necessities PCFI | Chicago, IL | $18,500 | General | 2021 |
| Northern Illinois University | Dekalb, IL | $17,500 | Scholarship | 2020 |
| Tulane University | New Orleans, LA | $15,000 | SCHOLARSHIP | 2018 |
| University of Illinois at Urbana-Champaign | Urbana, IL | $15,000 | SCHOLARSHIP | 2018 |
| University of Illinois at Urbana-Champaign | Urbana, IL | $15,000 | Scholarship | 2018 |
| Boston University | Boston, MA | $15,000 | SCHOLARSHIP | 2018 |
| Marquette University | Milwaukee, WI | $15,000 | SCHOLARSHIP | 2018 |
| Eastern Washington University | Cheney, WA | $15,000 | Scholarship | 2023 |
| Marquette University | Milwaukee, WI | $15,000 | Scholarship | 2023 |
| George Washington University | Atlanta, GA | $15,000 | SCHOLARSHIP | 2024 |
| San Miguel School Chicago | Chicago, IL | $15,000 | GOLD CIRCLE SCHOLARSHIP | 2024 |