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THE FRANCIS ASBURY PALMER FOUNDATION

NEW YORK, NY 136400635

The Francis Asbury Palmer Foundation is a New York-based philanthropic organization with $4.99 million in assets, focusing on education and religious studies, and supporting projects across several U.S. cities and states.

Overview

About THE FRANCIS ASBURY PALMER FOUNDATION

The Francis Asbury Palmer Foundation, based in New York, NY, is a philanthropic organization with assets totaling approximately $4.99 million. The foundation's annual expenses are around $365,328, with a revenue of $75,976. It focuses on funding initiatives in education, particularly higher education, graduate and professional education, as well as religious studies, including Christianity and theology. The foundation supports projects in various cities across the United States, including Chicago, Hartford, Nashville, New York, Rockville, Washington, and Worcester, and operates in states such as Connecticut, Illinois, Massachusetts, Maryland, New York, Pennsylvania, and Tennessee. The foundation is led by President Diana L. Reed and a board of directors, all of whom work on a voluntary basis without compensation.

Focus Areas

EducationHigher educationGraduate and professional educationReligionChristianityTheology- Less

Geographic Focus

CTILMAMDNYPATN
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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $5.0M
Total Awarded This Year $275K
Average Grant Size $39K
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
NEW YORK, NY US
Geographic Funding Distribution

Financials

Total Assets
$4,995,600

in 2024, compared to $0 in 2023

Annual Grants
$275,000

7 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$65,000FUNDACION AMIGOS DE BOQUETEOPERATIONALMCGUIREWOODS LLP STE 4100 77 WEST CHICAGO, IL US2022
$65,000FUNDACION AMIGOS DE BOQUETEUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSEMCGUIREWOODS LLP STE 4100 77 WEST CHICAGO, IL US2024
$60,000HARTFORD SEMINARYOPERATIONAL77 SHERMAN STREET HARTFORD, CT US2022
$60,000NEW YORK THEOLOGICAL SEMINARYOPERATIONAL475 RIVERSIDE DRIVE STE 500 NEW YORK, NY US2022
$40,000COMMUNITY MINISTRIES OF ROCKVILLEOPERATIONAL1010 GRANDIN AVENUE SUITE 1-A ROCKVILLE, MD US2022
$40,000FIRST PRESBYTERIAN CHURCHOPERATIONAL100 E WHEELING ST WASHINGTON, PA US2022
$40,000UNION THEOLOGICAL SEMINARYOPERATIONAL3041 BROADWAY NEW YORK, NY US2022
$40,000VANDERBILT DIVINITY SCHOOLOPERATIONAL411 21ST AVENUE SOUTH NASHVILLE, TN US2022
$40,000COMMUNITY REACH OF MONTGOMERY COUNTY INCUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE1010 GRANDIN AVENUE A1 ROCKVILLE, MD US2024
$40,000FIRST PRESBYTERIAN CHURCHUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE100 E WHEELING ST WASHINGTON, PA US2024
15 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
DLR
DIANA L REED
PRESIDENT$02022
SKR
SUSAN K REED
DIRECTOR$02022
PPM
PHILLIP P MCGUIGAN
DIRECTOR$02022
ACH
ALLISON CHISOLM HANSEN
DIRECTOR$02022
LM
LUCY MCGUIGAN
DIRECTOR$02022
DLR
DIANA L REED
PRESIDENT$02024
SKR
SUSAN K REED
DIRECTOR$02024
PPM
PHILLIP P MCGUIGAN
DIRECTOR$02024
ACH
ALLISON CHISOLM HANSEN
DIRECTOR$02024
LM
LUCY MCGUIGAN
DIRECTOR$02024
10 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025