The Parker Frank Preservation

PALM BEACH, FL EIN: 90-0103466

The Parker Frank Preservation is a private foundation located in Palm Beach, Florida. The organization is also known as the Judith Lanier Waldrop Randolph Adams Frank Foundation. Established in 2017, it operates as a 501(c)(3) private foundation with a primary focus on funding and fostering the performing arts through grants to nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

-5.5% YoY

Annual Giving

$265K

+4.6% YoY

Grant Count

-17.1% YoY

Avg Grant Size

$9K

+26.3% YoY

Under IRS private-foundation payout rules, The Parker Frank Preservation reported a distributable amount of $162K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary mission is to educate and foster the performing arts. Its funding interests center on:

Arts and cultural programs
Performing arts education and support
Arts access and participation
Historic buildings preservation

Grantmaking

The foundation made 38 grants in 2024, with typical award sizes ranging from $10 to $87,161. Recent grantees include:

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Florida, Kentucky, and the District of Columbia, with a notable concentration in the Palm Beach area.

Grant Distribution by State

Florida $851K (50%)

Connecticut $376K (22%)

New York $247K (14%)

Alabama $103K (6%)

District of Columbia $45K (3%)

Kentucky $37K (2%)

Georgia $20K (1%)

Maryland $17K (1%)

+9 more states

States

Alabama Arizona California Connecticut District of Columbia Florida Georgia Indiana Kentucky Maryland Michigan Missouri New Jersey New York South Dakota Tennessee Virginia

Cities

Ann ArborArlingtonAtlantaBaltimoreBoca RatonChamberlainChandlerEarlevilleElktonEssex FellsFernandina BeachGeorgetownHarrodsburgIndependenceIndianapolisJacksonLake WorthLake Worth BeachLexingtonManalapan

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary

Total Assets: $3,610,688
Total Giving: $265,274
Total Revenues: $232,781
Total Expenses: $416,413
Investment Income and Dividends: $26,050
Net Rental Income: -$42,489
Number of Employees: 0

2023 Financial Summary

Investment Income and Dividends: $40,192
Net Rental Income: -$32,294

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,610,688	$3,822,832	$4,155,121
Revenue	$232,781	$42,257	$-531,563
Expenses	$416,413	$374,546	$595,623
Qualifying Distributions	$265,274	$253,526	$444,936
Net Investment Income	$88,442	$8,201	—
Distributable Amount	$162,214	$173,406	$198,550

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

181 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ala Alumni Association ($50,000), Chamber Music Society of Pb ($25,000), Glazer Hall ($25,000).

Recipient	Purpose	Amount
BALLET PALM BEACH PALM BEACH GARDENS, FL	EDUCATE & FOSTER THE PERFORMING ARTS	$10,000
BETHESDA BY THE SEA PALM BEACH, FL	EDUCATE & FOSTER THE PERFORMING ARTS	$23,275
BLAIR HOUSE WASHINGTON, DC	EDUCATE & FOSTER THE PERFORMING ARTS	$500
CATHOLIC CHARITIES OF THE DIOCESE RIVIERA BEACH, FL	EDUCATE & FOSTER THE PERFORMING ARTS	$6,700
CHAMBER MUSIC SOCIETY OF PB PALM BEACH, FL	EDUCATE & FOSTER THE PERFORMING ARTS	$25,000
KENTUCKY HORSE PARK FOUNDATION LEXINGTON, KY	EDUCATE & FOSTER THE PERFORMING ARTS	$1,500
MIAMI CITY BALLET MIAMI BEACH, FL	EDUCATE & FOSTER THE PEFORMING ARTS	$10,000
PALM BEACH OPERA WEST PALM BEACH, FL	EDUCATE & FOSTER PERFORMING ARTS	$6,394
PALM BEACH OPERA GUILD WELLINGTON, FL	EDUCATE & FOSTER THE PERFORMING ARTS	$2,500
PALM BEACH SYMPHONY WEST PALM BEACH, FL	EDUCATE & FOSTER PERFORMING ARTS	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELLIS J PARKER	TRUSTEE	—	—

Contact Information

Address: 2165 Ibis Isle Rd Apt 9, Palm Beach, FL 33480-5366

Telephone: 561-370-7430

EIN: 90-0103466

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Parker Frank Preservation fund?

The foundation's primary mission is to educate and foster the performing arts. Its funding interests center on: • Arts and cultural programs • Performing arts education and support • Arts access and participation • Historic buildings preservation

How do I apply for a grant from The Parker Frank Preservation?

**Grant Activity & Amounts** The foundation made 38 grants in 2024, with typical award sizes ranging from $10 to $87,161. Recent grantees include: • Palm Beach Symphony ($20,000) • Kravis Center ($20,000) • Americas Future ($14,000) • Yale University Total giving in 2024 was $265,274. **Application Process** No application process information is available in the provided sources.

Where does The Parker Frank Preservation make grants?

The foundation primarily funds organizations in Florida, Kentucky, and the District of Columbia, with a notable concentration in the Palm Beach area.

What size grants does The Parker Frank Preservation award?

In 2024, The Parker Frank Preservation awarded 29 grants totaling $265K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is The Parker Frank Preservation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Parker Frank Preservation reported a distributable amount of $162K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.