Naa Amerley Palm Education Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PALM UNIVERSITY FOUNDATION PROVIDES AN INCREASE IN HIGHER EDUCATIONAL OPPORTUNITIES TO GHANAIANS TO ENHANCE AND PROMOTE THEIR WELL BEING AND COMMUNITY AT LARGE.
- Income
- $188,458
- Spending
- $188,842
- Spent on programs
- 96%
- Reserves
- 0.1 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 62 out of 100. Higher than 24% of charities in its peer group (philanthropy, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 0% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 45% of charities in its peer group (philanthropy, under $250k).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $180,285 spent. PALM UNIVERSITY USHERED IN THE FIRST COHORT FOR THE PALM SCHOOL OF GRADUATE STUDIES WITH AN ORIENTATION SESSION FOR 20 STUDENTS.
- PALM UNIVERSITY HELD ITS FIRST-EVER CAREER FAIR ON 2ND APRIL, MARKING A SIGNIFICANT MILESTONE IN EXPOSING STUDENTS TO REAL INDUSTRY OPPORTUNITIES. A TOTAL OF 22 COMPANIES PARTICIPATED, REPRESENTING DIVERSE SECTORS AND OFFERING STUDENTS VALUABLE INSIGHTS INTO EMERGING CAREER PATHS. ORGANIZATIONS SUCH AS MTN, TELECEL, KPMG, TGTS, BUNGE, 0800AFRICA, BIDVEST, OML AFRICA, REMOTELI, AND MAXIM NYANSA WERE AMONG THE PARTICIPATING COMPANIES, ENGAGING DIRECTLY WITH STUDENTS THROUGH DISCUSSIONS, Q&A SESSIONS, AND NETWORKING OPPORTUNITIES.
- IN MAY 2025, PALM UNIVERSITY REACHED A HISTORIC MILESTONE AS THE CLASS OF 2025 BECAME OUR FIRST BATCH OF DEGREE GRADUATES. AFTER FINAL EXAMS AND CAPSTONE PROJECTS, THEY WRAPPED UP YEARS OF EFFORT, BALANCING DEADLINES AND PRESENTATIONS WITH DETERMINATION.THEIR GRADUATION IS A PROUD MOMENT FOR PALM, PROOF OF THE RESILIENCE WE AIM TO BUILD IN OUR STUDENTS AND A STRONG START FOR OUR NEWEST ALUMNI.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.