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Nonprofit · EIN 20-4079745

TOM & SHIRLEY PALMER FAMILY FOUNDATION

Tax-exempt · JONESBOROUGH, TN 37659

Financials

$80K$61K2023$81K$40K2024$66K$117K2025
Revenue Expenses · by fiscal year end
Financials of TOM & SHIRLEY PALMER FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$66,339$116,952-$50,613$288,554$0$288,554
December 31, 2024990-PF$81,479$39,586$41,893$339,167$0$339,167
December 31, 2023990-PF$79,963$61,341$18,622$297,274$0$297,274
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Interest
$373
Net rental income
$64,387

Expenses

Grants and similar amounts paid
$115,000
Disbursements for charitable purposes
$116,952

Balance sheet and other

Total assets, start of year
$339,167
Total assets, end of year
$288,554
Total liabilities, end of year
$0
Net assets, end of year
$288,554
Fair market value of assets
$288,554
Qualifying distributions
$116,952

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Patti D Jacobs
1015 W Mountain View Road, Johnson City, TN 37604
President1$0
Jeanne A Clarke
135 Meadowview Drive, Jonesborough, TN 37659
Secretary1$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Thomas D Palmer
3 Beacon Hill Court, Johnson City, TN 37604
Member2$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Thomas D Palmer
3 Beacon Hill Court, Johnson City, TN 37604
Member2$0

Address and contacts

Address (IRS master file)
135 MEADOWVIEW DR, JONESBOROUGH, TN 37659-5798
In care of
% THOMAS D PALMER
Signed the 990-PF
Jeanne A Clarke, Secretary
Phone
(423) 677-3697
Return prepared by
EddyCPAPC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-4079745
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$288,554
Income (IRS master file)
$66,339

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$66,339$116,952$288,554IRS
990-PFDecember 2024$81,479$39,586$339,167XML
990-PFDecember 2023$79,963$61,341$297,274XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4079745).

Questions about TOM & SHIRLEY PALMER FAMILY FOUNDATION

What is the EIN of TOM & SHIRLEY PALMER FAMILY FOUNDATION?
The employer identification number (EIN) of TOM & SHIRLEY PALMER FAMILY FOUNDATION is 20-4079745.
Is TOM & SHIRLEY PALMER FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to TOM & SHIRLEY PALMER FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TOM & SHIRLEY PALMER FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of TOM & SHIRLEY PALMER FAMILY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TOM & SHIRLEY PALMER FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of TOM & SHIRLEY PALMER FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does TOM & SHIRLEY PALMER FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $66,339, expenses of $116,952 and total assets of $288,554 at year end.

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