Bernice Pickens Parsons Foundation

CHARLESTON, WV EIN: 55-6026999

Bernice Pickens Parsons Foundation is a private foundation, based in CHARLESTON, WV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $503K in total assets. In 2025, it awarded 16 grants totaling $31K. Net investment income was $30K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$503K

-1.3% YoY

Annual Giving

$31K

+21.3% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$2K

-9.0% YoY

Under IRS private-foundation payout rules, Bernice Pickens Parsons Foundation reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.

About Bernice Pickens Parsons Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $145K (100%)

States

West Virginia

Cities

CharlestonCottagevilleDunbarE CharlestonElkinsLewisburgMorgantownRavenswoodRipleySandyvilleW Charleston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$503,096	$509,716	$491,425
Revenue	$35,460	$53,488	$5,602
Expenses	$42,080	$34,998	$40,814
Qualifying Distributions	$34,427	$28,702	$33,758
Net Investment Income	$29,812	$48,208	$8,621
Distributable Amount	$31,719	$29,215	$27,874

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

102 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Kanawha County Hospice ($5,500), Ravenswood Senior Center ($3,192), Daymark Inc ($2,500).

Recipient	Purpose	Amount
BOMAR CLUB RIPLEY, WV	CHARITABLE	$1,000
DAYMARK INC CHARLESTON, WV	CHARITABLE	$2,500
FAMILY REFUGE CENTER LEWISBURG, WV	CHARITABLE	$2,500
HABITAT FOR HUMANITY CHARLESTON, WV	CHARITABLE	$1,000
JACKSON COUNTY READ ALOUD RIPLEY, WV	CHARITABLE	$1,000
KANAWHA COUNTY HOSPICE DUNBAR, WV	CHARITABLE	$5,500
KANAWHA VALLEY FELLOWSHIP HOME INC CHARLESTON, WV	CHARITABLE	$2,500
MAIN STREET RIPLEY RIPLEY, WV	CHARITABLE	$1,000
PEAK LIVING SERVICES CHARLESTON, WV	CHARITABLE	$1,500
PILOT CLUB OF JACKSON COUNTY RAVENSWOOD, WV	CHARITABLE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Bernice Pickens Parsons Foundation?

As of 2025, Bernice Pickens Parsons Foundation holds $503K in total assets with $35K in annual revenue. It awarded 16 grants totaling $31K in 2025.

Where does Bernice Pickens Parsons Foundation operate?

Bernice Pickens Parsons Foundation has awarded grants in West Virginia.

What size grants does Bernice Pickens Parsons Foundation award?

In 2025, Bernice Pickens Parsons Foundation awarded 16 grants totaling $31K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Bernice Pickens Parsons Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Bernice Pickens Parsons Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernice Pickens Parsons Foundation's EIN?

Bernice Pickens Parsons Foundation's EIN (Employer Identification Number) is 55-6026999. IRS Form 990 filing data is available on this page for 2021–2025.