Parsons Richard C No 2 Tw

BROOKLYN, OH EIN: 34-6508828

Parsons Richard C No 2 Tw is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $122K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$122K

-3.6% YoY

Annual Giving

$7K

-3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-3.8% YoY

Under IRS private-foundation payout rules, Parsons Richard C No 2 Tw reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Parsons Richard C No 2 Tw

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $38K (100%)

States

Ohio

Cities

Cleveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$122,187	$126,763	$131,462
Revenue	$7,037	$5,991	$7,458
Expenses	$11,523	$10,683	$10,640
Qualifying Distributions	$9,865	$8,972	$9,275
Net Investment Income	$5,609	$4,546	$6,084
Distributable Amount	$7,424	$6,950	$7,209

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 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Center for Families Children ($7,120).

Recipient	Purpose	Amount
CENTER FOR FAMILIES CHILDREN CLEVELAND, OH	GENERAL OPERATING	$7,120

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$1,773

Frequently Asked Questions

How large is Parsons Richard C No 2 Tw?

As of 2024, Parsons Richard C No 2 Tw holds $122K in total assets with $7K in annual revenue. It awarded 1 grants totaling $7K in 2024.

Where does Parsons Richard C No 2 Tw operate?

Parsons Richard C No 2 Tw has awarded grants in Ohio.

What size grants does Parsons Richard C No 2 Tw award?

In 2024, Parsons Richard C No 2 Tw awarded 1 grants totaling $7K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Parsons Richard C No 2 Tw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Parsons Richard C No 2 Tw reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.