The Peter J Palermo Trust Under Agreement
Historical FunderIthaca, New York · EIN 54-6898253 · Private foundation
Half of its grants to organizations were between $2,000 and $30,000.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | BANK OF AMERICA |
|---|---|
| Address | 100 WESTMINSTER ST, PROVIDENCE RI 02903 |
| Phone | 4012783013 |
| Form and materials | PERSONAL ESSAY (TYPED AND DOUBLE SPACED, NOT MORE THAN 1,000 WORDS OR LESS THAN 500 WORDS) EXPLAINING WHY THEY SHOULD BE AWARDED. |
| Deadlines | JUNE 15 |
| Restrictions | HIGH SCHOOL GRADUATE FROM ALBANY COUNTY, NY AND LIVING IN ALBANY COUNTY AT TIME OF AWARD. MUST PLAN TO ATTEND AND BE ADMITTED TO AN ACCREDITED 4 YEAR COLLEGE/UNIV. IN NY STATE. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
0% of grants went outside New York.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Siena College | Loudonville, NY | Scholarships | $102,500 |
| Suny Binghamton | Binghamton, NY | Scholarships | $30,000 |
| Suny Buffalo -State University NY | Buffalo, NY | Scholarships | $30,000 |
| John Jay College | New York, NY | Charitable | $25,000 |
| All Saints Catholic Academy | Albany, NY | Scholarships | $6,000 |
| Suny New Paltz | New Paltz, NY | Scholarships | $2,500 |
| Blessed Sacrament School | Albany, NY | Education | $2,000 |
| Mater Christi School | Albany, NY | Education | $2,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $200,000 | 8 |
| 2024 | $90,000 | 3 |
| 2023 | $10,000 | 1 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 6, 2026 - IRS e-file batch, object ID 202641269349100024
- IRS Tax Exempt Organization Search for EIN 54-6898253
- Profile updated Nov 9, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.