Park National Corporation Foundation

NEWARK, OH EIN: 31-6249406

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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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

Ohio $1.9M (91%)

North Carolina $151K (7%)

South Carolina $20K (1%)

Iowa $15K (1%)

Kentucky $4K (0%)

Illinois $2K (0%)

+9 more states

States

Arizona Florida Georgia Iowa Illinois Indiana Kentucky Michigan Minnesota North Carolina Ohio Oklahoma Pennsylvania South Carolina Texas Wisconsin West Virginia

Cities

AbileneAkronAndersonAnsoniaArcanumAshevilleAshlandAshleyAsnevilleAthensAtlantaBad AxeBataviaBeldingBellvilleBelvidereBexleyBooneBucyrusBurlington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

2022

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 Foundation

Frequently Asked Questions

Where does Park National Corporation Foundation make grants?

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.