The Michael and Alyce Parsons Foundation
The Michael and Alyce Parsons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $1.2M. Net investment income was $23K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.2M
+1841.7% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$291K
+1841.7% YoY
Under IRS private-foundation payout rules, The Michael and Alyce Parsons Foundation reported a distributable amount of $28K for 2021 — the minimum it must pay out in qualifying distributions.
About The Michael and Alyce Parsons Foundation
Based on IRS filings
The Michael and Alyce Parsons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $1.2M. Net investment income was $23K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $1,141,739 |
| Revenue | $31,300 | $32,740 |
| Expenses | $1,173,039 | $61,535 |
| Qualifying Distributions | $1,173,039 | — |
| Net Investment Income | $23,261 | $31,205 |
| Distributable Amount | $27,767 | $56,471 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Los Gatos Museum ($1,000,000), West Valley Mission Foundation ($150,000), San Jose Museum of Art ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOS GATOS MUSEUM LOS GATOS, CA | SEE PART IX-A | $1,000,000 |
| SAN JOSE MUSEUM OF ART SAN JOSE, CA | SEE PART IX-A | $10,000 |
| SANTA CLARA COUNTY LIBRARY CAMPBELL, CA | SEE PART IX-A | $5,000 |
| WEST VALLEY MISSION FOUNDATION SARATOGA, CA | SEE PART IX-A | $150,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL T PARSONS | President | — | — |
| ALYCE PARSONS | Vice President | — | — |
| MICHAEL T PARSONS JR | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Michael and Alyce Parsons Foundation?
The Michael and Alyce Parsons Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTE SERENO, CA. It holds — in total assets as of 2021.
Where does The Michael and Alyce Parsons Foundation operate?
The Michael and Alyce Parsons Foundation has awarded grants in California.
What size grants does The Michael and Alyce Parsons Foundation award?
In 2021, The Michael and Alyce Parsons Foundation awarded 4 grants totaling $1.2M — an average of about $291K per grant, based on its IRS Form 990 filings.
How much is The Michael and Alyce Parsons Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Michael and Alyce Parsons Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michael and Alyce Parsons Foundation's EIN?
The Michael and Alyce Parsons Foundation's EIN (Employer Identification Number) is 37-1525642. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in The Michael and Alyce Parsons 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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