Otis and Mary Parker Charitable Tr

Private foundation · Grantmaker Orlando, FL EIN: 20-7165209

Otis and Mary Parker Charitable Tr is a private foundation, based in Orlando, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 3 grants totaling $47K. Net investment income was $89K.

Key facts about Otis and Mary Parker Charitable Tr

In short: Otis and Mary Parker Charitable Tr gave $47K across 3 grants in 2025 (avg $16K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
20-7165209
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$46,704
Grants made (2025)
3
Average grant
$15,568
Median grant
$17,313
Total assets
$1,014,893
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.0M

+3.4% YoY

Annual Giving

$47K

+26.5% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$16K

+68.7% YoY

Under IRS private-foundation payout rules, Otis and Mary Parker Charitable Tr reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.

How Otis and Mary Parker Charitable Tr gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 97% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

PortsmouthNorfolkAlexandria

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2020 3 grants2021 3 grants2022 3 grants2023 4 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $37K (2024) to $47K (2025). In 2025 it made 3 grants totaling $47K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Union Mission Ministriesnorfolk: $20KUnion MissionMinistriesnorfolk$20KSalvation Army of Portsmouth: $17KSalvation Army of Portsmouth$17KWest Norfolk Baptist Church: $9KWest Norfolk Baptist Church$9K

The largest 2025 recipient was Union Mission Ministriesnorfolk ($20K). Together the top 3 received $47K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Union Mission Ministriesnorfolk Norfolk, VAGeneral Operating$20,489
Salvation Army of Portsmouth Alexandria, VAGeneral Operating$17,313
West Norfolk Baptist Church Portsmouth, VAGeneral Operating$8,902

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,014,893$981,245$966,255
Revenue$94,661$67,654$185,108
Expenses$60,850$52,793$56,487
Qualifying Distributions$53,851$44,197$50,551
Net Investment Income$88,528$61,531$178,520
Distributable Amount$55,748$53,987$47,084

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Otis and Mary Parker Charitable Tr's only listed officer is Truist Bank, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2021

    1 hr/week

    $20K (2021) → $11K (2025)

Former officers (1)
  • Former: Truist Bank FKA Suntrust Bank (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Truist Bank — Trustee: $11KTruist BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).

Frequently asked questions about Otis and Mary Parker Charitable Tr

How much does Otis and Mary Parker Charitable Tr give each year?

Otis and Mary Parker Charitable Tr gave $47K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 4 grants.

What is Otis and Mary Parker Charitable Tr's typical grant size?

Otis and Mary Parker Charitable Tr's median grant in 2025 was $17,313, and its average grant was $15,568, across 3 grants on its 2025 IRS Form 990-PF.

Where does Otis and Mary Parker Charitable Tr give grants?

Otis and Mary Parker Charitable Tr gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Otis and Mary Parker Charitable Tr give general operating support?

Yes: 100% of Otis and Mary Parker Charitable Tr's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Otis and Mary Parker Charitable Tr?

Otis and Mary Parker Charitable Tr reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $56K (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 Otis and Mary Parker Charitable Tr's EIN?

Otis and Mary Parker Charitable Tr's EIN (Employer Identification Number) is 20-7165209. IRS Form 990 filing data is available on this page for 2020–2025.

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

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