Park National Corporation Foundation
Park National Corporation Foundation is a private foundation established by Park National Bank. The foundation operates as a grantmaking entity supporting charitable causes, with a focus on community development and local philanthropy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+4.8% YoY
Annual Giving
$3.2M
-0.4% YoY
Grant Count
288
+2.5% YoY
Avg Grant Size
$11K
-2.8% YoY
Under IRS private-foundation payout rules, Park National Corporation Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
The foundation has demonstrated giving activity in Ohio, including support for organizations in Hocking County and the broader Appalachian Ohio region. The foundation also supports organizations in New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,400,474 | $15,652,734 | $16,895,124 |
| Revenue | $3,970,249 | $1,978,745 | $4,414,651 |
| Expenses | $3,226,248 | $3,216,676 | $3,399,787 |
| Qualifying Distributions | $3,194,883 | $3,206,152 | $3,371,674 |
| Net Investment Income | $1,959,367 | $946,364 | $406,965 |
| Distributable Amount | $1,069,461 | $968,103 | $1,000,670 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys and Girls Club of Newark Attn Sarah Wallace ($100,000), Community Improvement Corpspringfield ($30,000), Cancer Support Community Central Ohio ($19,500).
| Recipient | Purpose | Amount |
|---|---|---|
| A KID AGAIN CENTRAL OHIO CHAPTER DUBLIN, OH | SUPPORT | $7,500 |
| AFFORDABLE HOUSING ALLIANCE OF CENTRAL OHIO COLUMBUS, OH | SUPPORT | $10,000 |
| AMERICAN HEART ASSOCIATION-GREAT RIVER AFFILIATES COLUMBUS, OH | SUPPORT | $5,625 |
| AMERICAN RED CROSS - DISASTER RELIEF BOONE, IA | SUPPORT | $5,000 |
| AMERICAN RED CROSS NEWARK, OH | SUPPORT | $15,000 |
| APPALACHIAN CHILDRENS COALITION ATHENS, OH | SUPPORT | $5,000 |
| ARCANUM BUTLER SCHOOL DISTRICT ARCANUM, OH | SUPPORT | $3,000 |
| AREA DEVELOPMENT FOUNDATION MT VERNON, OH | SUPPORT | $6,000 |
| ASHLAND COUNTY COMMUNITY FOUNDATION ASHLAND, OH | SUPPORT | $5,000 |
| ASHLAND COUNTY COMMUNITY FOUNDATION ASHLAND, OH | SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHERYL L SNYDER | PRESIDENT | 1 | — |
| DAVID L TRAUTMAN | CHAIRMAN | 1 | — |
| THOMAS M CUMMISKEY | TRUSTEE | 1 | — |
| MATT MILLER | VICE PRESIDENT | 1 | — |
| BRADY T BURT | SECRETARY/TREASURER | 1 | — |
| LAURA TUSSING | TRUSTEE | 1 | — |
| KAREN K RICE | NON VOTING TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
Park National Bank donated $25,000 to the Hocking County Community Foundation in 2022. The foundation has supported the NYSCenter, as noted in recent announcements. The organization has been recognized for integrating charitable giving into its business operations.
Park National Bank donates $25,000 to Hocking County Community FoundationFrequently Asked Questions
Where does Park National Corporation Foundation make grants?
The foundation has demonstrated giving activity in Ohio, including support for organizations in Hocking County and the broader Appalachian Ohio region. The foundation also supports organizations in New York.
What size grants does Park National Corporation Foundation award?
In 2024, Park National Corporation Foundation awarded 288 grants totaling $3.2M — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Park National Corporation Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Park National Corporation Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Park National Corporation Foundation's EIN?
Park National Corporation Foundation's EIN (Employer Identification Number) is 31-6249406. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Park National Corporation Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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