Sean N Parker Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $248.8M in total assets. In 2024, it awarded 3 grants totaling $2.7M. Net investment income was $150K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$248.8M
-1.4% YoY
Annual Giving
$2.7M
+29.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$908K
+29.3% YoY
Under IRS private-foundation payout rules, Sean N Parker Foundation reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
About Sean N Parker Foundation
Based on IRS filings
Sean N Parker Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $248.8M in total assets. In 2024, it awarded 3 grants totaling $2.7M. Net investment income was $150K.
Focus Areas
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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 | $248,839,805 | $252,325,143 | $253,771,014 |
| Revenue | $197,399 | $2,150,255 | $4,231,378 |
| Expenses | $3,641,935 | $3,254,012 | $3,458,902 |
| Qualifying Distributions | $4,355,099 | $3,122,257 | $3,209,997 |
| Net Investment Income | $150,479 | $2,099,081 | $4,070,006 |
| Distributable Amount | $210,295 | $49,534 | $241,891 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Venture Fund ($2,050,000), Museum Associates ($525,000), The Museum of Contemporary Art Los Angeles ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSEUM ASSOCIATES LOS ANGELES, CA | GENERAL SUPPORT | $525,000 |
| NEW VENTURE FUND WASHINGTON, DC | PROMOTE REVITALIZATION OF DISTRESSED COMMUNITIES | $2,050,000 |
| THE MUSEUM OF CONTEMPORARY ART LOS ANGELES LOS ANGELES, CA | ARTWORK ACQUISITION | $150,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SEAN N PARKER | PRESIDENT/DIRECTOR | 5 | — |
| TOM VAN LOBEN SELS | SECRETARY/TREASURER/DIRECTOR | 0.5 | — |
| ALEXANDRA LENAS PARKER | DIRECTOR | 0.5 | — |
| RAKESH MEHTA | DIRECTOR | 0.5 | — |
| MICHAEL POLANSKY | EXECUTIVE DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sean N Parker Foundation?
Sean N Parker Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALO ALTO, CA. It holds $248.8M in total assets as of 2024.
How large is Sean N Parker Foundation?
As of 2024, Sean N Parker Foundation holds $248.8M in total assets with $197K in annual revenue. It awarded 3 grants totaling $2.7M in 2024.
Where does Sean N Parker Foundation operate?
Sean N Parker Foundation has awarded grants in California, District of Columbia, Iowa, Illinois, New York, Utah.
What size grants does Sean N Parker Foundation award?
In 2024, Sean N Parker Foundation awarded 3 grants totaling $2.7M — an average of about $908K per grant, based on its IRS Form 990 filings.
How much is Sean N Parker Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sean N Parker Foundation reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sean N Parker Foundation's EIN?
Sean N Parker Foundation's EIN (Employer Identification Number) is 27-4389819. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sean N Parker 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.
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