Parks Family Foundation
Parks Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grant totaling $4.2M. Net investment income was $30K.
Key facts about Parks Family Foundation
In short: Parks Family Foundation gave $4.2M across 1 grant in 2021 (avg $4.2M), mostly in Ohio. Source: 2021 IRS Form 990-PF.
- EIN
- 26-1480405
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $4,156,345
- Grants made (2021)
- 1
- Average grant
- $4,156,345
- Median grant
- $4,156,345
- Primary geography
- Ohio (100% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$4.2M
+660.8% YoY
Grant Count
1
-96.0% YoY
Avg Grant Size
$4.2M
+18920.3% YoY
Under IRS private-foundation payout rules, Parks Family Foundation reported a distributable amount of $56K for 2021 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2021 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2021
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE GIFT FUND(PARKS FAMILY GIVING FUNDACCOUNT NO1224694) Cincinnati, OH | DISTRIBUTION OF ASSETS TO DONOR ADVISED FUND UPON TERMINATION OF THE PARKS FAMILY FOUNDATION | $4,156,345 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $2,744,734 |
| Revenue | $37,333 | $231,516 |
| Expenses | $4,182,300 | $561,151 |
| Qualifying Distributions | — | — |
| Net Investment Income | $29,797 | $216,738 |
| Distributable Amount | $55,615 | $177,820 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Leadership & Key People
Officers and directors from IRS filings
Parks Family Foundation is led by Maureen C. Parks, President on every filing since 2020; none of the 4 officers listed in 2021 report compensation.
Officers on the 2021 filing
Maureen C. Parks
President
On filings since 2020
No compensation reported
Daniel John Parks
Director
On filings since 2020
No compensation reported
J. Michael Parks
Vice President, Director & Treasurer
On filings since 2020
No compensation reported
Christopher Michael Parks
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "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 $4.2M across 1 grant in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $546K across 25 grants.
What is Parks Family Foundation?
Parks Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds — in total assets as of 2021.
Where does Parks Family Foundation operate?
Parks Family Foundation has awarded grants in Colorado, Massachusetts, Nebraska, Ohio, Tennessee, Texas.
How much is Parks Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Parks Family Foundation reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Parks Family Foundation's EIN?
Parks Family Foundation's EIN (Employer Identification Number) is 26-1480405. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Parks Family Foundation by hand.
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