Parks Family Foundation

Foundation · Grantmaker Dallas, TX EIN: 26-1480405

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

6states

Share of all 1 itemized 2021 grant dollars.

Cities

DallasOmahaPlanoAustinBreckenridgeCape CodCincinnatiDentonEstes ParkFarmers BranchFriscoIrvingNashvilleRichardson

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M25 grants20201 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

Fidelity Charitable Gift FUND(PARKS Family Giving Fundaccount NO1224694): $4.2MFidelity Charitable GiftFUND(PARKS Family Giving…$4.2M

Grant Size Distribution

26 grants across all recorded years

24<$50K$50–100K$100–250K1$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
FIDELITY CHARITABLE GIFT FUND(PARKS FAMILY GIVING FUNDACCOUNT NO1224694) Cincinnati, OHDISTRIBUTION OF ASSETS TO DONOR ADVISED FUND UPON TERMINATION OF THE PARKS FAMILY FOUNDATION$4,156,345

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20202021
Metric20212020
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

  1. 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.

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