THE OBJECTS AND PURPOSES OF THE CORPORATION SHALL BE TO PROVIDE AND PROMOTE A CARE CONTINUUM FOR THE AGING VIA SKILLED NURSING, MEMORY CARE, ASSISTED LIVING, ADULT DAY CARE, REHABILITATION, HEALTHY AGING, AND INTERGENERATIONAL AND OTHER PROGRAMS, TOGETHER WITH CONDUCTING AND ASSISTING RELATED EDUCATION AND RESEARCH BY COORDINATION, PERFORMANCE, AND SUPPORT OF THE OPERATION AND FUNCTIONS AND THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE FRANCIS E. PARKER MEMORIAL HOME, INC., PARKER HOME AND COMMUNITY BASED SERVICES INC., THE FRANCIS E. PARKER ASSISTED LIVING CENTER, INC., PARKER AT MONROE, INC., PARKER AT EAST WINDSOR INC., PARKER AT SOMERSET, INC., PARKER REHABILITATION SERVICES, INC. AND OTHER AFFILIATES THAT MAY BE ESTABLISED IN TIME.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8B
+2.6% YoY
Revenue
$75.2M
-6.0% YoY
Net Investment Income
$75.2M
-6.0% YoY
Expenses
$4.1M
-4.7% YoY
About Parker Foundation Inc
Based on IRS filings
Parker Foundation Inc is a nonprofit organization focused on Health, based in PISCATAWAY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8B in total assets. Net investment income was $75.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,814,706,304 | $1,768,704,248 | $1,688,786,679 |
| Revenue | $75,211,211 | $80,020,732 | $52,625,120 |
| Expenses | $4,143,866 | $4,349,499 | $4,472,188 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $75,211,211 | $80,020,732 | $52,625,120 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERTO MUNIZ MPA FLNHA | PRESIDENT/CEO | — | — |
| MARGUERITE K SCHLAG EDD RN | CHAIR | — | — |
| JOHN A PAPA | TREASURER | — | — |
| JOSEPH G BRAUNREUTHER ESQ | SECRETARY | — | — |
| WILLIAM R HAGAMAN JR | TRUSTEE | — | — |
| WILLIAM P TIBBITT | TRUSTEE | — | — |
| ALFRED F TALLIA MD MPH | TRUSTEE | — | — |
| JOSEPH FERRO MD | TRUSTEE | — | — |
| CLIFFORD E HOLLAND | TRUSTEE | — | — |
| PENELOPE LATTIMER PHD | TRUSTEE | — | — |
| STEPHEN LANDERS MD | TRUSTEE | — | — |
| MAJD ALWAN PHD | TRUSTEE | — | — |
| JOSEPH DOYLE | TRUSTEE | — | — |
| DENISE BOUDREAU | TRUSTEE | — | — |
| DIANE HILL PHD | TRUSTEE | — | — |
| JOSEPH VELDERMAN | TRUSTEE | — | — |
| LINDA SCHWIMMER JD | VICE-CHAIR | — | — |
| NICHOLAS CARR | CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Assets
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Stephen J Machuta Scholarship Trust
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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