L&R Parker Family Foundation
L&R Parker Family Foundation is a private foundation focused on Education, based in Whitehouse, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.1M in total assets. In 2025, it awarded 5 grants totaling $23K. Net investment income was $262K.
L&R Parker Family Foundation at a glance
In short: L&R Parker Family Foundation gave $23K across 5 grants in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,063
- -77.7% vs 2024
- Grants made (2025)
- 5
- -16.7% vs 2024
- Average grant
- $4,613
- -73.3% vs 2024
- Median grant
- $3,000
- Total assets
- $4,055,589
- +53.2% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who L&R Parker Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Beyond Business ($10K). Together the top 5 received $23K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 20 grants of 23 (87%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How L&R Parker Family Foundation gives
- Giving fell 58% from 2022 to 2025. Method
- In 2025 it paid out 16% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2019 to 2025, annual grant giving ranged from $3K (2019) to $451K (2023). In 2025 it made 5 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beyond Business Whitehouse, TX | Daily Operations | $10,000 |
| Habitat for Hummanity Tyler, TX | Daily Operations | $7,500 |
| Tisd Foundation Tyler, TX | Boshears Playground | $3,000 |
| Tyler Young Life Tyler, TX | Daily Operations | $2,500 |
| Miscellaneous - K-1 Passthrough Whitehouse, TX | Charitable Purposes | $63 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,055,589 | $1,431,072 | $32,959 | $23,063 | 5 | $23,063 | $262,279 | $148,234 |
| 2024 | $2,647,512 | $399,407 | $111,902 | $103,500 | 6 | $104,601 | $278,945 | $119,188 |
| 2023 | $2,361,256 | $301,139 | $463,173 | $450,575 | 6 | $451,723 | $188,874 | $115,702 |
| 2022 | $2,524,084 | $302,573 | $66,131 | $55,000 | 3 | $56,065 | $334,351 | $123,023 |
| 2021 | $2,244,370 | $1,472,147 | $96,314 | $91,000 | 3 | $91,851 | $341,934 | $68,213 |
| 2020 | $868,537 | $486,583 | $29,391 | $25,000 | 5 | — | $31,382 | $49,951 |
| 2019 | $356,300 | $-240,717 | $6,941 | $3,000 | 1 | — | — | $31,152 |
Under IRS private-foundation payout rules, L&R Parker Family Foundation reported a distributable amount of $148K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
L&R Parker Family Foundation is led by Larry S. Parker, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Larry S. Parker
President
On filings since 2019
1 hr/week
No compensation reported
Brandon K. Parker
Vice President
On filings since 2019
1 hr/week
No compensation reported
Brooke D. Parker
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Rhonda A. Parker
Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 L&R Parker Family Foundation
How much does L&R Parker Family Foundation give each year?
L&R Parker Family Foundation gave $23K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $104K across 6 grants.
What is L&R Parker Family Foundation's typical grant size?
L&R Parker Family Foundation's median grant in 2025 was $3,000, and its average grant was $4,613, across 5 grants on its 2025 IRS Form 990-PF.
Where does L&R Parker Family Foundation give grants?
L&R Parker Family Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tyler, TX (3 grants) and Whitehouse, TX (2 grants).
Does L&R Parker Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on L&R Parker Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Daily Operations" (3 grants).
Who are L&R Parker Family Foundation's largest grantees?
L&R Parker Family Foundation's largest 2025 grantees include Beyond Business ($10,000), Habitat for Hummanity ($7,500) and Tisd Foundation ($3,000), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.
How large is L&R Parker Family Foundation?
L&R Parker Family Foundation reported $4.1M in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $148K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is L&R Parker Family Foundation?
L&R Parker Family Foundation is a private foundation focused on Education, based in Whitehouse, TX. It holds $4.1M in total assets as of 2025.
What is L&R Parker Family Foundation's EIN?
L&R Parker Family Foundation's EIN (Employer Identification Number) is 47-2649193. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 3, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2019–2024
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