Parker Family Foundation

Private foundation · Grantmaker Pennington, NJ EIN: 04-3542674

The Parker Family Foundation is a private foundation based in Pennington, New Jersey. Its 2025 filing reports grants to 12 organizations, all designated for unrestricted general support; recipients included organizations working in arts and culture, education, public policy, health, and humanitarian aid.

Key facts about Parker Family Foundation

In short: Parker Family Foundation gave $1.0M across 12 grants in 2025 (avg $87K), mostly in Massachusetts. 42% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
04-3542674
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,048,000
Grants made (2025)
12
Average grant
$87,333
Median grant
$82,500
New grantees (estimate)
42% first-time grantees (5 of 12, 2025)
Total assets
$12,986,128
Primary geography
Massachusetts (84% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13.0M

+5.1% YoY

Annual Giving

$1.0M

-6.4% YoY

Grant Count

12

+0.0% YoY

Avg Grant Size

$87K

-6.4% YoY

Under IRS private-foundation payout rules, Parker Family Foundation reported a distributable amount of $821K for 2025 — the minimum it must pay out in qualifying distributions.

Is Parker Family Foundation open to new grantees?

42%

first-time grantees, 2025

In 2025, 5 of 12 grantees (42%) were first-time recipients. First grants averaged $103K; repeat grants $76K. How we count

Medians: $85K first-time, $50K repeat.

  • 58% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−5%). Method
  • In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations. For example, Actors’ Shakespeare Project says its mission is to engage Boston-area audiences through professional productions and education programs based on Shakespeare and other playwrights. EdVestors describes its work as connecting Boston philanthropists with public schools and matching donors with school-improvement efforts. Massachusetts Budget and Policy Center describes itself as a think tank advancing equitable policy solutions for an inclusive, thriving Commonwealth. People for the American Way Foundation says it conducts research, legal, and education work on First Amendment freedoms and democratic values.

Grantmaking

In 2025, the foundation made 12 grants totaling $1,048,000. Grants ranged from $25,000 to $213,000, with a median of $82,500. All listed grants were for unrestricted general support. Larger awards included $213,000 to Alzheimer’s Disease & Related Disorders, $175,000 to Actors Shakespeare Project, and $110,000 each to Massachusetts Budget & Policy Center and EdVestors. Other awards included $85,000 each to Doctors Without Borders and Summer Search, and $80,000 to People for the American Way Foundation.

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Geographic Focus

Where this funder awards grants

The 2025 filing shows that 84% of grant dollars went to recipients in Massachusetts, 8% to New York, and 8% to Washington, D.C.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 12 itemized grants.

Cities

BostonJamaica PlainWashingtonNew YorkWalthamCharlestownLincolnArlingtonNewtonSomervilleLexington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M11 grants2020 10 grants2021 11 grants2022 11 grants2023 12 grants2024 12 grants2025

From 2020 to 2025, annual grant giving ranged from $915K (2020) to $1.1M (2023). In 2025 it made 12 grants totaling $1.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Alzheimers Disease & Related Disorders: $213KAlzheimers Disease & RelatedDisorders$213KActors Shakespeare Project Inc: $175KActors Shakespeare Project Inc$175KMassachusetts Budget & Policy Center: $110KMassachusetts Budget & PolicyCenter$110KEdvestors Inc: $110KEdvestors Inc$110KDoctors Without Borders: $85KDoctors Without Borders$85KSummer Search: $85KSummer Search$85KPeople for the American Way Foundation: $80KPeople for the American WayFoundation$80KHandel and Haydn Society: $50KHandel and Haydn Society$50KGrub Street Inc: $45KGrub Street Inc$45KTheater Offensive Inc: $40KTheater Offensive Inc$40K

The largest 2025 recipient was Alzheimers Disease & Related Disorders ($213K). Together the top 10 received $993K.

Grant Size Distribution

56 grants across all recorded years

11<$50K23$50–100K22$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 23 grants of 56 (41%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Alzheimers Disease & Related Disorders Newton, MAUnrestricted General$213,000
Actors Shakespeare Project Inc Charlestown, MAUnrestricted General$175,000
Massachusetts Budget & Policy Center Boston, MAUnrestricted General$110,000
Edvestors Inc Boston, MAUnrestricted General$110,000
Doctors Without Borders New York, NYUnrestricted General$85,000
Summer Search Jamaica Plain, MAUnrestricted General$85,000
People for the American Way Foundation Washington, DCUnrestricted General$80,000
Handel and Haydn Society Boston, MAUnrestricted General$50,000
Grub Street Inc Boston, MAUnrestricted General$45,000
Theater Offensive Inc Boston, MAUnrestricted General$40,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $12,986,128 $2,179,889 $1,222,627 $1,048,000
2024 $12,355,238 $1,605,243 $1,274,409 $1,120,000
2023 $12,191,730 $1,431,818 $1,299,655 $1,132,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$12,986,128$12,355,238$12,191,730
Revenue$2,179,889$1,605,243$1,431,818
Expenses$1,222,627$1,274,409$1,299,655
Qualifying Distributions$1,106,102$1,174,270$1,185,629
Net Investment Income$1,527,446$1,206,188$814,142
Distributable Amount$820,708$765,366$724,294

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Glenn P. Parker and Faith K. Parker as trustees.

Parker Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Faith K. Parker

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Glenn P. Parker

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Contact

Mailing address: PO Box 1532 Aft, Pennington, NJ 08534
Phone: (888) 866-3275

Frequently asked questions about Parker Family Foundation

How much does Parker Family Foundation give each year?

Parker Family Foundation gave $1.0M across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 12 grants.

What is Parker Family Foundation's typical grant size?

Parker Family Foundation's median grant in 2025 was $82,500, and its average grant was $87,333, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Parker Family Foundation that year got $103K on average.

Where does Parker Family Foundation give grants?

Parker Family Foundation gives mostly in Massachusetts: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (8%) and District of Columbia (8%). The most frequent recipient cities were Boston, MA (7 grants).

Does Parker Family Foundation give general operating support?

Yes: 100% of Parker Family Foundation's 2025 grants with a stated purpose (12 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Parker Family Foundation's largest grantees?

Parker Family Foundation's largest 2025 grantees include Alzheimers Disease & Related Disorders ($213,000), Actors Shakespeare Project Inc ($175,000) and Massachusetts Budget & Policy Center ($110,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.

How large is Parker Family Foundation?

Parker Family Foundation reported $13.0M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $821K (roughly 5% of its investment assets).

What does Parker Family Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations. See mission & focus areas ↑

How do I apply for a grant from Parker Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Parker Family Foundation's EIN?

Parker Family Foundation's EIN (Employer Identification Number) is 04-3542674. IRS Form 990 filing data is available on this page for 2020–2025.

Does Parker Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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