Palazzolo was beatified on 19 March 1963 on the account of his well-known holiness and is considered a patron of the Diocese of Bergamo.
He had a childhood of lavishness in the sense that his parents could provide for their children to a manageable degree and owned land and houses across Bergamo and in San Pellegrino Terme where his father hailed from.
One of the people he encountered and befriended was Maria Teresa Gabrieli – the future Servant of God – who became a member of his order.
His comfort came from Bishop Gaetano Camillo Guindani who visited him at 4:30pm on 12 May 1885 to bring him the approved rules of the institute.
Bishop Giacomo Radini-Tedeschi – on 23 January 1908 – was pleased with the progress and the rise of the institute and he urged for the approval of the constitutions and the rule of the order.
[2] The formal introduction – which granted Palazzolo the posthumous title Servant of God – came under Pope John XXIII on 20 November 1958.
The pope approved the fact that he had lived a model Christian life of heroic virtue on 7 July 1962 and proclaimed him to be Venerable.