Palm Beach Investment Research Group Inc

Palm Beach Investment Research Group Inc is a Florida-based nonprofit organization, operating as a membership-based corporation comprising high-net-worth individuals, investment professionals, and family office members and executives. The group focuses on providing a platform for peer-to-peer learning and sharing actionable investment ideas among its members.

Overview

The organization is structured to benefit its members by offering a safe and unbiased environment where they can discuss and analyze various investment opportunities. This setup is particularly valuable for members who are often overwhelmed by the numerous investment options and advisors they encounter due to their financial status.

Investment Focus

Members of the Palm Beach Investment Research Group Inc engage in discussions covering a broad range of investment domains. These include listed stocks and bonds, direct and private lending, hedge funds, private equity ventures, and the evolving field of cryptocurrencies. The group also explores macroeconomic trends such as interest rates and foreign exchange dynamics.

Nonprofit Activities

As a public charity, Palm Beach Investment Research Group Inc is involved in philanthropic activities. In 2023, the organization awarded grants totaling $41,808, as recorded in their IRS Form 990 filing. This highlights their commitment to supporting various initiatives beyond their core membership activities.

Legal Status

The organization is registered with the Internal Revenue Service under the EIN number 94-3472050 and operates in compliance with Section 501(c) of the U.S. tax code, which governs tax-exempt organizations.