The Gary W Parr Family Foundation

LAKE WORTH, FL EIN: 56-2003520

The Gary W Parr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE WORTH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it awarded 8 grants totaling $1.2M. Net investment income was $6.9M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22.0M

-32.3% YoY

Annual Giving

$1.2M

+8.7% YoY

Grant Count

8

-20.0% YoY

Avg Grant Size

$147K

+35.9% YoY

Under IRS private-foundation payout rules, The Gary W Parr Family Foundation reported a distributable amount of $867K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gary W Parr Family Foundation

Based on IRS filings

The Gary W Parr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE WORTH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it awarded 8 grants totaling $1.2M. Net investment income was $6.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Chapel HillCharlotteGoldsboroJupiterLake WorthNew YorkPalm BeachSan FranciscoTuxedo ParkWarwickWashingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M20202021202220232024
Metric202420232022
Total Assets$21,981,676$32,470,291$12,271,847
Revenue$10,125,905$520,245$1,688,112
Expenses$1,181,368$1,085,477$1,688,112
Qualifying Distributions$1,174,300$1,082,733$1,685,663
Net Investment Income$6,889,717$221,491
Distributable Amount$867,276

Giving Over Time

Total grant dollars and number of grants per year

$0$294K$587K$881K$1M8 grants20203 grants20213 grants202210 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

NY PHILHARMONIC$755KVANGUARD CHARITABLE TRUST$350KUNITED WAY PALM BEACH$20KPALM BEACH COUNTRY CLUB …$20KPALM BEACH SHAKESPEARE$11KSOCIETY FOUR ARTS$10KCUSTOM COLLABORATIVE$8KPALM BEACH LAKES HIGH$1K

Grant Size Distribution

32 grants across all recorded years

21<$50K1$50–100K3$100–250K1$250–500K6$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ny Philharmonic ($754,800), Vanguard Charitable Trust ($350,000), United Way Palm Beach ($20,000).

RecipientPurposeAmount
UNITED WAY PALM BEACH WEST PALM BEACH, FLGENERAL CHARITABLE PURPOSE$20,000
PALM BEACH COUNTRY CLUB FOUNDATION PALM BEACH, FLGENERAL CHARITABLE PURPOSE$20,000
NY PHILHARMONIC NEW YORK, NYGENERAL CHARITABLE PURPOSE$754,800
CUSTOM COLLABORATIVE NEW YORK, NYGENERAL CHARITABLE PURPOSE$7,500
PALM BEACH SHAKESPEARE JUPITER, FLGENERAL CHARITABLE PURPOSE$11,000
SOCIETY FOUR ARTS PALM BEACH, FLGENERAL CHARITABLE PURPOSE$10,000
PALM BEACH LAKES HIGH WEST PALM BEACH, FLGENERAL CHARITABLE PURPOSE$1,000
VANGUARD CHARITABLE TRUST WARWICK, RIGENERAL CHARITABLE PURPOSE$350,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GARY W PARRCHAIRMAN0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Gary W Parr Family Foundation?

The Gary W Parr Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE WORTH, FL. It holds $22.0M in total assets as of 2024.

How large is The Gary W Parr Family Foundation?

As of 2024, The Gary W Parr Family Foundation holds $22.0M in total assets with $10.1M in annual revenue. It awarded 8 grants totaling $1.2M in 2024.

Where does The Gary W Parr Family Foundation operate?

The Gary W Parr Family Foundation has awarded grants in California, District of Columbia, Florida, North Carolina, New York, Rhode Island.

What size grants does The Gary W Parr Family Foundation award?

In 2024, The Gary W Parr Family Foundation awarded 8 grants totaling $1.2M — an average of about $147K per grant, based on its IRS Form 990 filings.

How much is The Gary W Parr Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gary W Parr Family Foundation reported a distributable amount of $867K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Gary W Parr Family Foundation's EIN?

The Gary W Parr Family Foundation's EIN (Employer Identification Number) is 56-2003520. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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