Parks Foundation
Parks Foundation is a private foundation, based in Anchorage, AK. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it awarded 7 grants totaling $242K. Net investment income was $89K.
Parks Foundation at a glance
In short: Parks Foundation gave $242K across 7 grants in 2025 (avg $35K), mostly in Alaska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $241,500
- +27.1% vs 2024
- Grants made (2025)
- 7
- +40.0% vs 2024
- Average grant
- $34,500
- -9.2% vs 2024
- Median grant
- $10,000
- Total assets
- $4,341,810
- +78.9% vs 2024
- Primary geography
- Alaska (87% 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 Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Hope Help International ($150K). Together the top 7 received $242K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 14 grants of 22 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Parks Foundation gives
- Giving grew 61% from 2022 to 2025. Method
- In 2025 it paid out 182% of 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 2020 to 2025, annual grant giving ranged from $150K (2022) to $242K (2025). In 2025 it made 7 grants totaling $242K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Help International Anchorage, AK | Charitable. | $150,000 |
| Vancouver Symphony Vancouver, WA | Charitable. | $30,000 |
| Newborns in Need - South Central AK Chugiak, AK | Charitable. | $30,000 |
| Alaska Youth Orchestra Anchorage, AK | Charitable. | $10,000 |
| Alaska Airmens Association Anchorage, AK | Charitable. | $10,000 |
| Habitat for Humanity Anchorage, AK | Charitable. | $10,000 |
| Free Cycles Missoula, MT | Charitable. | $1,500 |
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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 | $4,341,810 | $2,164,467 | $250,018 | $241,500 | 7 | $241,500 | $88,917 | $132,644 |
| 2024 | $2,427,361 | $27,059 | $192,213 | $190,000 | 5 | $190,000 | $26,795 | $125,066 |
| 2023 | $2,592,515 | $19,039 | $161,181 | $160,000 | 3 | $160,000 | $18,958 | $131,369 |
| 2022 | $2,734,657 | $5,899 | $151,563 | $150,000 | 4 | $150,000 | $5,813 | $139,161 |
| 2021 | $2,880,321 | $6,501 | $183,029 | $160,000 | 3 | — | $6,215 | $145,688 |
| 2020 | $3,056,849 | $28,542 | $161,502 | $160,000 | 6 | — | $28,225 | $150,658 |
Under IRS private-foundation payout rules, Parks Foundation reported a distributable amount of $133K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Parks Foundation is led by Nancy Parks Sopp, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nancy Parks Sopp
President
On filings since 2021
1 hr/week
No compensation reported
Karl Sopp
Director
On filings since 2024
No compensation reported
Phillip Granberry
Director
New on the 2025 filing
No compensation reported
Former officers (2)
- Former: Raymond C Parks (2020–2024) — Director
- Former: Loren E Parks (2020) — President
Data from IRS Form 990 filings, 2020–2025. "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 Foundation
How much does Parks Foundation give each year?
Parks Foundation gave $242K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $190K across 5 grants.
What is Parks Foundation's typical grant size?
Parks Foundation's median grant in 2025 was $10,000, and its average grant was $34,500, across 7 grants on its 2025 IRS Form 990-PF.
Where does Parks Foundation give grants?
Parks Foundation gives mostly in Alaska: 87% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Washington (12%). The most frequent recipient cities were Anchorage, AK (4 grants).
Does Parks Foundation give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Parks Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable." (7 grants).
Who are Parks Foundation's largest grantees?
Parks Foundation's largest 2025 grantees include Hope Help International ($150,000), Vancouver Symphony ($30,000) and Newborns in Need - South Central AK ($30,000), according to its 2025 IRS Form 990-PF. Together they received 87% of its itemized 2025 grant dollars.
How large is Parks Foundation?
Parks Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $242K in qualifying distributions that year, against a required minimum of $133K (roughly 5% of its investment assets).
What is Parks Foundation's EIN?
Parks Foundation's EIN (Employer Identification Number) is 20-0423443. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Browse active grant opportunities in Parks Foundation's focus areas in our free grants database
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