The Parallax Foundation
The Parallax Foundation is a private foundation based in Wilmington, Delaware. Its 2025 filing reports 14 grants totaling $1,457,000, including support for charitable organizations in California, Delaware, Washington, DC, Virginia, and New York.
The Parallax Foundation at a glance
In short: The Parallax Foundation gave $1.5M across 14 grants in 2025 (avg $104K), mostly in California. 50% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,457,000
- +99.7% vs 2024
- Grants made (2025)
- 14
- +40.0% vs 2024
- Average grant
- $104,071
- +42.7% vs 2024
- Median grant
- $50,000
- Total assets
- $2,443,332
- +29.6% vs 2024
- New grantees (estimate)
- 50% first-time grantees (6 of 12, 2025; small sample)
- Primary geography
- California (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Parallax Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Parallax Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Stanislaus Community Foundation ($750K). Together the top 10 received $1.4M.
Grant Size Distribution
47 grants across all recorded years
The most common grant size was under $50K: 20 grants of 47 (43%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars went to recipients in California (70%), Delaware (17%), Washington, DC (9%), Virginia (3%), and New York (1%). These figures describe the locations of 2025 grant recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is The Parallax Foundation open to new grantees?
50%
first-time grantees, 2025
In 2025, 6 of 12 grantees (50%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $73K; repeat grants $170K. How we count
Medians: $75K first-time, $50K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $690K (2023) to $1.7M (2021). In 2025 it made 14 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stanislaus Community Foundation Modesto, CA | General & Unrestricted | $750,000 |
| Policylink Oakland, CA | General & Unrestricted | $150,000 |
| Global Fund for a New Economy Inc Wilmington, DE | General & Unrestricted | $100,000 |
| Liberation Ventures Inc Wilmington, DE | General & Unrestricted | $100,000 |
| Lift Inc Washington, DC | General & Unrestricted | $100,000 |
| De Marillac Academy San Francisco, CA | Annual Tuition Support Scholarship Fund | $50,000 |
| Friends of the Modesto Library Modesto, CA | General & Unrestricted | $50,000 |
| Global Fund for a New Economy Inc Wilmington, DE | Essential Economics | $50,000 |
| Liberation in a Generation Inc Lorton, VA | General & Unrestricted | $50,000 |
| Lift Inc Washington, DC | Emergency Cash Relief Fund | $25,000 |
Ready to take the next step with The Parallax Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation’s 2025 filing states that its $1,457,000 in distributions from sources other than current income was at least 25% of its net assets of $1,885,794 at the beginning of that taxable year.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,443,332 | $2,076,459 | $1,518,921 | $1,457,000 | 14 | $1,518,321 | $42,099 | $65,945 |
| 2024 | $1,885,794 | $104,804 | $748,878 | $729,500 | 10 | $746,001 | $104,804 | $111,297 |
| 2023 | $2,529,868 | $127,832 | $721,673 | $689,500 | 7 | $721,120 | $127,832 | $133,602 |
| 2022 | $3,123,709 | $2,010,989 | $1,201,009 | $1,174,500 | 9 | $1,200,909 | $10,989 | $92,537 |
| 2021 | $2,313,729 | $1,948 | $1,688,220 | $1,651,000 | 7 | $1,681,995 | — | $160,748 |
| 2020 | $4,000,001 | $4,000,001 | — | — | — | — | $1 | $12,415 |
Under IRS private-foundation payout rules, The Parallax Foundation reported a distributable amount of $66K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include general and unrestricted support, as well as support designated for tuition scholarships, emergency cash relief, economics, and “Reckon With.”
Among its grantees, PolicyLink describes itself as a national research and action institute working toward a flourishing multiracial democracy, an equitable economy, and thriving communities. LIFT says its mission is to break the cycle of poverty by investing in parents and building families’ well-being, financial strength, and social connections. Liberation in a Generation describes itself as a movement support organization advancing the economic liberation of people of color. These are the grantees’ own descriptions, not statements of the foundation’s mission.
Grantmaking
In filing year 2025, the foundation made 14 grants totaling $1,457,000. Grant amounts ranged from $5,000 to $750,000, with a median grant of $50,000.
The largest reported grants included $750,000 to Stanislaus Community Foundation and $150,000 to PolicyLink, both for general and unrestricted purposes. The foundation also awarded $100,000 each to Global Fund for a New Economy Inc, Liberation Ventures Inc, and LIFT Inc, all for general and unrestricted purposes. Other reported grants included $50,000 to De Marillac Academy for its Annual Tuition Support Scholarship Fund, $50,000 to Friends of the Modesto Library for general and unrestricted purposes, and $25,000 to LIFT Inc for its Emergency Cash Relief Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Nicole Piccinini Pesco as director and president, and Jennifer Stonier as CFO and secretary.
The Parallax Foundation is led by Nicole Piccinini Pesco, Director & President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicole Piccinini Pesco
Director & President
On filings since 2020
1 hr/week
No compensation reported
Jennifer Stonier
CFO & Secretary
Secretary → CFO & Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Parallax Foundation
How much does The Parallax Foundation give each year?
The Parallax Foundation gave $1.5M across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $730K across 10 grants.
What is The Parallax Foundation's typical grant size?
The Parallax Foundation's median grant in 2025 was $50,000, and its average grant was $104,071, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Parallax Foundation that year got $73K on average.
Where does The Parallax Foundation give grants?
The Parallax Foundation gives mostly in California: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Delaware (17%) and District of Columbia (9%). The most frequent recipient cities were Modesto, CA (4 grants), Wilmington, DE (3 grants), Oakland, CA (2 grants) and Washington, DC (2 grants).
Does The Parallax Foundation give general operating support?
Yes: 64% of The Parallax Foundation's 2025 grants with a stated purpose (9 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Parallax Foundation's largest grantees?
The Parallax Foundation's largest 2025 grantees include Stanislaus Community Foundation ($750,000), Global Fund for a New Economy Inc ($150,000 across 2 grants) and Policylink ($150,000), according to its 2025 IRS Form 990-PF. Together they received 72% of its itemized 2025 grant dollars.
How large is The Parallax Foundation?
The Parallax Foundation reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $66K (roughly 5% of its investment assets).
What does The Parallax Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include general and unrestricted support, as well as support designated for tuition scholarships, emergency cash relief, economics, and “Reckon With.” See mission & focus areas ↑
How do I apply for a grant from The Parallax Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Parallax Foundation's EIN?
The Parallax Foundation's EIN (Employer Identification Number) is 85-4189182. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Parallax Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
Live grants for the work The Parallax Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Parallax Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Parallax Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-parallax-foundation-morg_9ed04dbbee9e49c9bc23c0cff26c2400
BibTeX
@misc{grantable_854189182_2026,
author = {{Grantable}},
title = {{The Parallax Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-parallax-foundation-morg_9ed04dbbee9e49c9bc23c0cff26c2400},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Parallax Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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