The Michigan State Capitol

Form 990-PFTax year 2025EIN 38-3577492

HP Foundation

A private foundation in Suttons Bay, MI. Its return for tax year 2025 lists 16 grants and $87,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $87,000

    Grants listed
    16
    Assets, end of year
    $1,129,031
  • Tax year 2024

    $71,940

    Grants listed
    14
    Assets, end of year
    $1,191,734
  • Tax year 2023

    $80,315

    Grants listed
    19
    Assets, end of year
    $1,237,984
  • Tax year 2022

    $87,100

    Grants listed
    16
    Assets, end of year
    $1,284,054
  • Tax year 2021

    $72,700

    Grants listed
    14
    Assets, end of year
    $1,389,366
  • Tax year 2020

    $69,615

    Grants listed
    21
    Assets, end of year
    $1,355,786
  • Tax year 2019

    $75,850

    Grants listed
    29
    Assets, end of year
    $1,410,397
  • Tax year 2018

    $70,408

    Grants listed
    18
    Assets, end of year
    $1,476,124

Grants paid in 2025

16 grants, largest first

As listed on the return.

  1. The Leelanau ConservancyLeland, MI

    Sugar loaf project

    $20,000
  2. FlowTraverse City, MI

    Groundwater reform strategy

    $10,000
  3. Grand Traverse Regional Land ConservancyTraverse City, MI

    The ridge property

    $10,000
  4. Friends of Herman ParkSuttons Bay, MI

    Playground

    $10,000
  5. Inland SeasSuttons Bay, MI

    General operating support

    $5,000
  6. Purpose ChurchGoodyear, AZ

    General operating support

    $5,000
  7. The Leelanau ConservancyLeland, MI

    Water quality testing program

    $5,000
  8. Housing NorthTraverse City, MI

    Housing ready community planning & action strategy implemenation

    $5,000
  9. Dennison UniversityGranville, OH

    Health & wellness fund

    $3,500
  10. Tart TrailsTraverse City, MI

    General operating support

    $3,000
  11. Leelanau Christian NeighborsLake Leelanau, MI

    General operating support

    $2,000
  12. Friends of Sleeping BearEmpire, MI

    Pathways to sleeping bear campaign

    $2,000
  13. St Jude Children's Research HospitalMemphis, TN

    General operating support

    $2,000
  14. Pope Francis CenterDetroit, MI

    General operating support

    $1,500
  15. St Aloysius ChurchDetroit, MI

    General operating support

    $1,500
  16. North Manitou Light KeepersBrighton, MI

    General operating support

    $1,500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Environment3 grants $35,00061% of the total
  2. Sports and recreation1 grant $10,00018% of the total
  3. Religion2 grants $7,00012% of the total
  4. Health1 grant $2,0004% of the total
  5. Arts and culture1 grant $1,5003% of the total
  6. Human services1 grant $1,5003% of the total

By State

Grants to organizations with a US address, latest year.

  1. Michigan13 grants $76,500
  2. Arizona1 grant $5,000
  3. Ohio1 grant $3,500
  4. Tennessee1 grant $2,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Deborah Holley PalmsPRESIDENT Hours 8Pay $17,100
  • Jeffrey J PalmsTREASURER Hours 1Pay $0
  • Jeffrey Francis PalmsASSISTANT TREASURER Hours 1Pay $0
  • Katherine PalmsSECRETARY Hours 2Pay $212

The return

More foundations

Similar foundations

Same main cause (environment), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Franklin H & Nancy S Moore FoundationAnn Arbor, MI 37 grants Preselected only $87,000 giving
  2. The Porter Family FoundationAnn Arbor, MI 24 grants Preselected only $105,692 giving
  3. Rosso Family FoundationTroy, MI 22 grants Preselected only $68,250 giving
  4. Searles Family FoundationGrand Rapids, MI 14 grants Preselected only $117,000 giving
  5. Edward and Elyse Rogers Family FoundationMidland, MI 16 grants Preselected only $62,000 giving