The Parallax Foundation

Foundation · Grantmaker Wilmington, DE EIN: 85-4189182

The Parallax Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. In 2025, it awarded 14 grants totaling $1.5M.

Key facts about The Parallax Foundation

EIN
85-4189182
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,457,000
Grants made (2025)
14
Average grant
$104,071
Median grant
$50,000
New grantees (estimate)
50% first-time grantees (6 of 12, 2025)
Primary geography
California (70% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Parallax Foundation funds

By grant dollars, the top recipient states for The Parallax Foundation's 14 itemized 2025 grants were California (70%), 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). 64% of grants with a stated purpose were for general or operating support.

Is The Parallax Foundation open to new grantees?

50%

first-time grantees, 2025

In 2025, 6 of 12 grantees (50%) were first-time recipients. 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

Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Parallax Foundation

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.5M

+99.7% YoY

Grant Count

14

+40.0% YoY

Avg Grant Size

$104K

+42.7% YoY

About The Parallax Foundation

Based on IRS filings

The Parallax Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. In 2025, it awarded 14 grants totaling $1.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 14 itemized 2025 grant dollars.

Cities

ModestoNew YorkOaklandSan FranciscoWilmingtonWashingtonLortonRichmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$413K$826K$1M$2M0 grants20207 grants20219 grants20227 grants202310 grants202414 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Stanislaus Community Foundation: $750KStanislaus CommunityFoundation$750KGlobal Fund for a New Economy Inc: $150K across 2 grantsGlobal Fund for a New EconomyInc$150K · 2 grantsPolicylink: $150KPolicylink$150KLift Inc: $125K across 2 grantsLift Inc$125K · 2 grantsLiberation Ventures Inc: $100KLiberation Ventures Inc$100KDe Marillac Academy: $50KDe Marillac Academy$50KFriends of the Modesto Library: $50KFriends of the Modesto Library$50KLiberation in a Generation Inc: $50KLiberation in a Generation Inc$50KThe Philanthropy Workshop Inc: $12KThe Philanthropy Workshop Inc$12KPhilanthropic Ventures Foundation: $10KPhilanthropic VenturesFoundation$10K

Grant Size Distribution

47 grants across all recorded years

20<$50K12$50–100K8$100–250K2$250–500K4$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Stanislaus Community Foundation ($750,000), Global Fund for a New Economy Inc ($150,000 across 2 grants), Policylink ($150,000).

RecipientPurposeAmount
STANISLAUS COMMUNITY FOUNDATION Modesto, CAGeneral & Unrestricted$750,000
POLICYLINK Oakland, CAGeneral & Unrestricted$150,000
GLOBAL FUND FOR A NEW ECONOMY INC Wilmington, DEGeneral & Unrestricted$100,000
LIBERATION VENTURES INC Wilmington, DEGeneral & Unrestricted$100,000
LIFT INC Washington, DCGeneral & Unrestricted$100,000
DE MARILLAC ACADEMY San Francisco, CAAnnual Tuition Support Scholarship Fund$50,000
FRIENDS OF THE MODESTO LIBRARY Modesto, CAGeneral & Unrestricted$50,000
GLOBAL FUND FOR A NEW ECONOMY INC Wilmington, DEEssential Economics$50,000
LIBERATION IN A GENERATION INC Lorton, VAGeneral & Unrestricted$50,000
LIFT INC Washington, DCEmergency Cash Relief Fund$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Nicole Piccinini PescoDir, Pres1—
Jennifer StonierCFO, Sec1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Parallax Foundation?

The Parallax Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds — in total assets as of 2025.

Where does The Parallax Foundation operate?

The Parallax Foundation has awarded grants in California, District of Columbia, Delaware, New York, Virginia.

What size grants does The Parallax Foundation award?

In 2025, The Parallax Foundation awarded 14 grants totaling $1.5M — an average of about $104K per grant, based on its IRS Form 990 filings.

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.

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

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