Don & Frances Parks Charitable Trust

Private foundation · Grantmaker North Little Rock, AR EIN: 71-6132645

Don & Frances Parks Charitable Trust is a private foundation, based in North Little Rock, AR. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $535K. Net investment income was $460K.

Don & Frances Parks Charitable Trust at a glance

In short: Don & Frances Parks Charitable Trust gave $535K across 1 grant in 2024 (avg $535K), mostly in Arkansas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$534,794
+3613.8% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$534,794
+3613.8% vs 2023
Median grant
$534,794
Primary geography
Arkansas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Don & Frances Parks Charitable Trust funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Cabot

How Don & Frances Parks Charitable Trust gives

  • Giving grew 1757% from 2021 to 2024. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 1 grant2021 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $14K (2023) to $535K (2024). In 2024 it made 1 grant totaling $535K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$534,794
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024—$460,474$465,926$534,7941—$460,474$46,020
2023$5,452$5,608$14,834$14,4001$16,429$5,174$163
2021$18,271$29,436$28,811$28,8001—$29,425$173
2020$6,380$4,723$23,540$23,5001—$4,723$767

Under IRS private-foundation payout rules, Don & Frances Parks Charitable Trust reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Don & Frances Parks Charitable Trust is led by Don Parks, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Don Parks

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Frances Parks (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Don & Frances Parks Charitable Trust

How much does Don & Frances Parks Charitable Trust give each year?

Don & Frances Parks Charitable Trust gave $535K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $14K across 1 grant.

Where does Don & Frances Parks Charitable Trust operate?

Don & Frances Parks Charitable Trust has awarded grants in Arkansas.

How much is Don & Frances Parks Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Don & Frances Parks Charitable Trust reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Don & Frances Parks Charitable Trust's EIN?

Don & Frances Parks Charitable Trust's EIN (Employer Identification Number) is 71-6132645. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 27, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 10, 2024)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Don & Frances Parks Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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