Parnell Family Foundation
Parnell Family Foundation is a private foundation, based in EASTSOUND, WA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+3.9% YoY
Annual Giving
$68K
-28.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$14K
-28.5% YoY
Under IRS private-foundation payout rules, Parnell Family Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
About Parnell Family Foundation
Based on IRS filings
Parnell Family Foundation is a private foundation, based in EASTSOUND, WA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $153K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,558,842 | $2,462,473 | $2,542,995 |
| Revenue | $172,818 | $52,143 | $305,305 |
| Expenses | $99,965 | $127,850 | $167,318 |
| Qualifying Distributions | $83,958 | $103,960 | $150,864 |
| Net Investment Income | $152,834 | $64,112 | $287,355 |
| Distributable Amount | $129,686 | $135,923 | $133,174 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Orcas Christian School Foundation ($42,000), Orcas Seventh-day Adventist Fellowship Endowment ($10,000), Walla Walla University ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ORCAS CHRISTIAN SCHOOL EASTSOUND, WA | TO PROVICE SUPPORT TO EXEMPT ORGANIZATIONS | $5,837 |
| ORCAS CHRISTIAN SCHOOL FOUNDATION EASTSOUND, WA | TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION | $42,000 |
| ORCAS SEVENTH-DAY ADVENTIST FELLOWSHIP ENDOWMENT EASTSOUND, WA | TO PROVIDE SUPPORT T0 EXEMPT ORGANIZATIONS | $10,000 |
| BIGHORN RIVER ALLIANCE BILLINGS, MT | TO PROVIDE SUPPORT T0 EXEMPT ORGANIZATIONS | $1,000 |
| WALLA WALLA UNIVERSITY COLLEGE PLACE, WA | TO PROVIDE SUPPORT T0 EXEMPT ORGANIZATIONS | $9,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE D PARNELL | PRESIDENT | 2 | — |
| MELISSA D PARNELL | SECRETARY/TREASURER | 2 | — |
| SCOTT D PARNELL | DIRECTOR | 2 | — |
| TERRY POTTLE | DIRECTOR | 2 | — |
Frequently Asked Questions
How large is Parnell Family Foundation?
As of 2024, Parnell Family Foundation holds $2.6M in total assets with $173K in annual revenue. It awarded 5 grants totaling $68K in 2024.
Where does Parnell Family Foundation operate?
Parnell Family Foundation has awarded grants in California, Missouri, Montana, Nebraska, Washington.
What size grants does Parnell Family Foundation award?
In 2024, Parnell Family Foundation awarded 5 grants totaling $68K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Parnell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Parnell Family Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Parnell Family Foundation's EIN?
Parnell Family Foundation's EIN (Employer Identification Number) is 33-0433123. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Parnell Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.