Michael a Parlato Scholarship Fund
Michael a Parlato Scholarship Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $85K. Net investment income was $5K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$85K
+2026.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$43K
+963.3% YoY
Under IRS private-foundation payout rules, Michael a Parlato Scholarship Fund reported a distributable amount of $4K for 2023 — the minimum it must pay out in qualifying distributions.
About Michael a Parlato Scholarship Fund
Based on IRS filings
Michael a Parlato Scholarship Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $85K. Net investment income was $5K.
Ready to take the next step with Michael a Parlato Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $85,891 | $96,308 |
| Revenue | $7,037 | $-2,262 | $19,751 |
| Expenses | $92,961 | $8,163 | $4,899 |
| Qualifying Distributions | $90,725 | $6,175 | $3,135 |
| Net Investment Income | $4,690 | $232 | $17,995 |
| Distributable Amount | $4,255 | $4,757 | $5,280 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Valley Community Foundation ($80,567), Paier College of Art ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PAIER COLLEGE OF ART BRIDGEPORT, CT | SCHOLARSHIPS | $4,500 |
| VALLEY COMMUNITY FOUNDATION NEW HAVEN, CT | UNRESTRICTED GENERAL | $80,567 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $855 |
Frequently Asked Questions
Where does Michael a Parlato Scholarship Fund operate?
Michael a Parlato Scholarship Fund has awarded grants in Connecticut.
What size grants does Michael a Parlato Scholarship Fund award?
In 2023, Michael a Parlato Scholarship Fund awarded 2 grants totaling $85K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Michael a Parlato Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Michael a Parlato Scholarship Fund reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael a Parlato Scholarship Fund's EIN?
Michael a Parlato Scholarship Fund's EIN (Employer Identification Number) is 06-6099124. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Michael a Parlato Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.