Parks Family Foundation
Parks Family Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.6M in total assets. In 2026, it awarded 1 grant totaling $106K. Net investment income was $501K.
Parks Family Foundation at a glance
In short: Parks Family Foundation gave $106K across 1 grant in 2026 (avg $106K), mostly in Hawaii. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $105,585
- +6.6% vs 2025
- Grants made (2026)
- 1
- +0.0% vs 2025
- Average grant
- $105,585
- +6.6% vs 2025
- Median grant
- $105,585
- Total assets
- $1,639,941
- +29.1% vs 2025
- Primary geography
- Hawaii (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Parks Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was Hawaii Community Foundation ($106K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 7 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2026 grant dollars on its one itemized grant.
States
Cities
How Parks Family Foundation gives
- Giving held roughly steady from 2023 to 2026 (+14%). Method
- In 2026 it paid out 90% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $53K (2021) to $106K (2026). In 2026 it made 1 grant totaling $106K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hawaii Community Foundation Honolulu, HI | Unrestricted General | $105,585 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,639,941 | $513,637 | $142,404 | $105,585 | 1 | $114,089 | $500,648 | $127,218 |
| 2025 | $1,270,206 | $650,348 | $119,362 | $99,014 | 1 | $105,563 | $639,840 | $112,134 |
| 2024 | $736,459 | $184,866 | $101,715 | $88,057 | 1 | $93,035 | $177,092 | $103,992 |
| 2023 | $654,954 | $101,585 | $107,128 | $93,000 | 2 | $97,820 | $94,153 | $92,990 |
| 2022 | $658,769 | $131,471 | $78,887 | $64,035 | 2 | $69,229 | $123,482 | $98,081 |
| 2021 | $607,903 | $117,817 | $65,013 | $52,930 | 1 | — | $111,754 | $67,916 |
Under IRS private-foundation payout rules, Parks Family Foundation reported a distributable amount of $127K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Parks Family Foundation is led by John E. Parks, President on every filing since 2021; none of the 2 officers listed in 2026 report compensation.
Officers on the 2026 filing
John E. Parks
President
On filings since 2021
1 hr/week
No compensation reported
Margaret E. Parks
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Parks Family Foundation
How much does Parks Family Foundation give each year?
Parks Family Foundation gave $106K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $99K across 1 grant.
How large is Parks Family Foundation?
Parks Family Foundation reported $1.6M in total assets on its 2026 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $127K (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.
Where does Parks Family Foundation operate?
Parks Family Foundation has awarded grants in Hawaii.
What is Parks Family Foundation's EIN?
Parks Family Foundation's EIN (Employer Identification Number) is 43-1948979. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 30, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 7, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 7, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 9, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 13, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Parks Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Parks Family Foundation funder profile. GrantGraph. Retrieved October 8, 2026, from https://grantable.co/funders/parks-family-foundation-morg_1ab8eb8234904193b6fb244e136b282c
BibTeX
@misc{grantable_431948979_2026,
author = {{Grantable}},
title = {{Parks Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/parks-family-foundation-morg_1ab8eb8234904193b6fb244e136b282c},
note = {Accessed 2026-10-08. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Parks Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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