Parsons Richard C No 4 Tw

BROOKLYN, OH EIN: 34-6506995

Parsons Richard C No 4 Tw is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$92K

+1.3% YoY

Annual Giving

$5K

-5.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

-5.3% YoY

Under IRS private-foundation payout rules, Parsons Richard C No 4 Tw reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Parsons Richard C No 4 Tw

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $26K (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	$91,899	$90,681	$97,511
Revenue	$9,876	$1,288	$-193
Expenses	$8,659	$8,117	$7,900
Qualifying Distributions	$7,383	$6,591	$6,550
Net Investment Income	$8,601	$42	—
Distributable Amount	$4,963	$4,723	$4,990

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 United Way of Greater Cleveland ($4,796).

Recipient	Purpose	Amount
UNITED WAY OF GREATER CLEVELAND CLEVELAND, OH	GENERAL OPERATING	$4,796

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	$1,700

Frequently Asked Questions

How large is Parsons Richard C No 4 Tw?

As of 2024, Parsons Richard C No 4 Tw holds $92K in total assets with $10K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does Parsons Richard C No 4 Tw operate?

Parsons Richard C No 4 Tw has awarded grants in Ohio.

What size grants does Parsons Richard C No 4 Tw award?

In 2024, Parsons Richard C No 4 Tw awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Parsons Richard C No 4 Tw required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Parsons Richard C No 4 Tw reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.