Parks Family Foundation
Parks Family Foundation is a private foundation, based in Armonk, NY. IRS filing data is available from 2021 through 2025. In 2025, it awarded 1 grant totaling $726K. Net investment income was $251K.
Parks Family Foundation at a glance
In short: Parks Family Foundation gave $726K across 1 grant in 2025 (avg $726K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $725,763
- +3528.8% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $725,763
- +7157.6% vs 2024
- Median grant
- $725,763
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Parks Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Parks Family Foundation ($726K).
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Parks Family Foundation gives
- Giving grew 2691% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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 2025, annual grant giving ranged from $11K (2021) to $726K (2025). In 2025 it made 1 grant totaling $726K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Parks Family Foundation Armonk, NY | Unrestricted Contribution | $725,763 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $251,426 | $728,769 | $725,763 | 1 | $725,763 | $251,426 | $13,158 |
| 2024 | $477,343 | $16,742 | $28,192 | $20,000 | 2 | $20,000 | $16,742 | $29,269 |
| 2023 | $488,793 | $17,023 | $21,807 | $14,450 | 5 | $14,450 | $16,923 | $28,189 |
| 2022 | $493,577 | $44,748 | $34,784 | $26,000 | 5 | $26,000 | $44,648 | $29,506 |
| 2021 | $483,613 | $56,984 | $18,276 | $11,000 | 2 | — | $56,984 | $26,005 |
Under IRS private-foundation payout rules, Parks Family Foundation reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Parks Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gwendoline Parks
Trustee
On filings since 2021
2 hrs/week
No compensation reported
R. Ralph Parks Jr.
Trustee
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 $726K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 2 grants.
Where does Parks Family Foundation operate?
Parks Family Foundation has awarded grants in District of Columbia, Florida, Massachusetts, New York, Texas, Wyoming.
How much is Parks Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Parks Family Foundation reported a distributable amount of $13K 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 13-3531982. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 28, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 12, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 29, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 27, 2026)
- IRS filings on file for fiscal years 2021–2025
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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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