Florida · Nonprofit
Palm Healthcare Foundation Inc
Palm Healthcare Foundation Inc (Florida) receives grants from 31 organizations whose IRS filings report $4,862,750 to it, the largest being SOUTHEAST FLORIDA BEHAVIORAL HEALTH NETWORK INC ($1,346,304). 21 of them have funded it in more than one year.
- Revenue FY2025
- $9.8M
- Funders on record
- 31
- Grants received
- $4.9M
- Net assets
- $94M
What Palm Healthcare Foundation Inc does
Mission
Palm Health Foundation invests in bold, community-led solutions that improve health and well-being in Palm Beach County. (Continued on Schedule O)Established in 2001 from the sale of Good Samaritan and St. Mary's hospitals, the Foundation partners with residents, donors, and professional advisors to advance brain health, strengthen the healthcare workforce, and build thriving, resilient communities.Through strategic investments and partnerships, we address the social and environmental conditions that shape health and create opportunities for all residents to reach their full health potential.Through scholarships, capacity building, and systems-focused philanthropy, Palm Health Foundation drives innovation and lasting change.
As stated on its FY2025 Form 990.
Program
Palm Health Foundation deepened its investment in brain health innovation, community-led health solutions, and workforce development during FY2025.Through initiatives such as the Brain Coast Network and the Center for the Resilient Mind, the Foundation advanced research, education, and NeuroArts programming that strengthen mental well-being and cognitive resilience.The Foundation continued to build community resilience through Healthier Together, empowering local changemakers to address behavioral health, caregiving, (Continued on Schedule O)and the social and economic factors that influence health.To strengthen the health professions, Palm Health Foundation provided scholarships and workforce development support in nursing and behavioral health ensuring a skilled, compassionate pipeline for the region's future health needs.As the fiscal agent for BeWellPBC, the Foundation demonstrates its role as a convener of cross-sector partners, leveraging philanthropy to align systems, drive measurable impact, and promote a shared vision for brain health and community well-being.Key FY2025 investments included $1 million in Florida Atlantic University's (FAU) computational neuroscience…
$4,976,091 spentof which $2,790,422 as grants$14,168 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $4,976,091.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $102M to $84M (−18%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2024 5% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
21% of Palm Healthcare Foundation Inc’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Patrick J McNamara LCSW
President & CEO
Board chair
Dr Marsha Fishbane MD
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2024 and FY2025 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 16 funders, grant income rose $56k → $1.1M.
4 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Palm Healthcare Foundation Inc’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Palm Healthcare Foundation Inc has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Palm Healthcare Foundation Inc.
Largest funder’s share by year: 2017 46% · 2018 48% · 2019 24% · 2020 24% · 2021 32% · 2022 33% · 2023 56% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
63% of Palm Healthcare Foundation Inc's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
64% of Palm Healthcare Foundation Inc's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $323k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Palm Healthcare Foundation Inc runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.
this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025
Organizations like Palm Healthcare Foundation Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
42%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- 5205 Building LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for Palm Healthcare Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Palm Healthcare Foundation Inc?
- Palm Healthcare Foundation Inc (Florida) receives grants from 31 organizations whose IRS filings report $4,862,750 to it, the largest being SOUTHEAST FLORIDA BEHAVIORAL HEALTH NETWORK INC ($1,346,304). 21 of them have funded it in more than one year.
- How many funders does Palm Healthcare Foundation Inc have?
- IRS filings report 31 organizations giving $4,862,750 in grants to Palm Healthcare Foundation Inc, 21 of which have funded it in more than one year.
- Who is the largest funder of Palm Healthcare Foundation Inc?
- SOUTHEAST FLORIDA BEHAVIORAL HEALTH NETWORK INC is the largest funder on record, with $1,346,304 in grants. The full list of funders is on this page.
- How can an organization like Palm Healthcare Foundation Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing