Donald & Elizabeth Parsons Charitab

CHESTER SPRINGS, PA EIN: 71-6217217

Donald & Elizabeth Parsons Charitab is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER SPRINGS, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 19 grants totaling $111K. Net investment income was $80K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+10.1% YoY

Annual Giving

$111K

+15.7% YoY

Grant Count

19

+11.8% YoY

Avg Grant Size

$6K

+3.5% YoY

Under IRS private-foundation payout rules, Donald & Elizabeth Parsons Charitab reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.

About Donald & Elizabeth Parsons Charitab

Based on IRS filings

Donald & Elizabeth Parsons Charitab is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER SPRINGS, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 19 grants totaling $111K. Net investment income was $80K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Chester SpringsDowningtownExtonMalvernPhiladelphiaThorndaleWest Chester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$281K$561K$842K$1M20202021202220232024
Metric202420232022
Total Assets$2,213,049$2,009,317$1,772,351
Revenue$88,820$-710$69,396
Expenses$119,255$103,658$115,939
Qualifying Distributions$110,500$95,500$103,000
Net Investment Income$80,065$27,533$61,575
Distributable Amount$107,213$94,084$95,983

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$98K$147K$197K6 grants202030 grants202119 grants202217 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BISHOP SHANAHAN HIGH SCH…$10KCAMILLA HALL$10KFOUNDATION FOR CATHOLIC …$10KHANDI-CRAFTERS$10KSISTERS OF IHM$10KUNITED WAY OF CHESTER CO…$10KWEST CATHOLIC PREP HIGH …$10KTHE ARC OF CHESTER COUNTY$8KCOMMUNITY VOLUNTEERS IN …$5KSHINE$5K

Grant Size Distribution

91 grants across all recorded years

91<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bishop Shanahan High School ($10,000), Camilla Hall ($10,000), Foundation for Catholic Education ($10,000).

RecipientPurposeAmount
BISHOP SHANAHAN HIGH SCHOOL DOWNINGTOWN, PACATHOLIC EDUCATION$10,000
CAMILLA HALL MALVERN, PARELIGIOUS ORGANIZATION$10,000
CHESTER COUNTY FOOD BANK EXTON, PACOMMUNITY SERVICES$2,000
COMMUNITY VOLUNTEERS IN MEDICINE WEST CHESTER, PACOMMUNITY SERVICES$5,000
FOUNDATION FOR CATHOLIC EDUCATION WEST CHESTER, PASTARS COORDINATOR$10,000
HANDI-CRAFTERS THORNDALE, PACOMMUNITY SERVICES$10,000
HOLIDAY HOPECHEST DOWNINGTOWN, PACOMMUNITY SERVICES$2,500
LORDS PANTRY OF DOWNINGTOWN DOWNINGTOWN, PACOMMUNITY SERVICES$2,500
PARTNERS IN OUTREACH WEST CHESTER, PACOMMUNITY SERVICES$2,500
SAFE HARBOR OF CHESTER COUNTY WEST CHESTER, PACOMMUNITY SERVICES$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GERALD J PARSONSTRUSTEE
LEO D PARSONSTRUSTEE
CHRISTINE P BENDINELLITRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Donald & Elizabeth Parsons Charitab?

Donald & Elizabeth Parsons Charitab is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESTER SPRINGS, PA. It holds $2.2M in total assets as of 2024.

How large is Donald & Elizabeth Parsons Charitab?

As of 2024, Donald & Elizabeth Parsons Charitab holds $2.2M in total assets with $89K in annual revenue. It awarded 19 grants totaling $111K in 2024.

Where does Donald & Elizabeth Parsons Charitab operate?

Donald & Elizabeth Parsons Charitab has awarded grants in Pennsylvania.

What size grants does Donald & Elizabeth Parsons Charitab award?

In 2024, Donald & Elizabeth Parsons Charitab awarded 19 grants totaling $111K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Donald & Elizabeth Parsons Charitab required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Donald & Elizabeth Parsons Charitab reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Donald & Elizabeth Parsons Charitab's EIN?

Donald & Elizabeth Parsons Charitab's EIN (Employer Identification Number) is 71-6217217. IRS Form 990 filing data is available on this page for 2020–2024.

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

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