The Parkerson Foundation

SUFFOLK, VA EIN: 54-2014686

The Parkerson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $9K. Net investment income was $3K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$9K

Grant Count

4

Avg Grant Size

$2K

Under IRS private-foundation payout rules, The Parkerson Foundation reported a distributable amount of $3K for 2020 — the minimum it must pay out in qualifying distributions.

About The Parkerson Foundation

Based on IRS filings

The Parkerson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $9K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ChesapeakeCovingtonLinesvilleSuffolk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$6K$9K$12K2020
Metric2020
Total Assets
Revenue$2,990
Expenses$10,522
Qualifying Distributions
Net Investment Income$2,990
Distributable Amount$3,076

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$9K4 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2020

JONATHAN MINISTRIES$5KSTONEBRIDGE SCHOOL$2KEVERYONE'S CHILD$1KPARKERSON FAMILY FUND$500

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Jonathan Ministries ($5,000), Stonebridge School ($2,000), Everyone's Child ($1,000).

RecipientPurposeAmount
EVERYONE'S CHILD LINESVILLE, PASUPPORT$1,000
PARKERSON FAMILY FUND COVINGTON, KYSUPPORT$500
JONATHAN MINISTRIES SUFFOLK, VASUPPORT$5,000
STONEBRIDGE SCHOOL CHESAPEAKE, VASUPPORT$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
MARGARET L PARKERSONPRESIDENT
LAURA SCOTT BUTTERFIELDDIRECTOR
SARAH PARKERSON DAYDIRECTOR
ARTHUR L PARKERSONDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Parkerson Foundation?

The Parkerson Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. It holds — in total assets as of 2020.

Where does The Parkerson Foundation operate?

The Parkerson Foundation has awarded grants in Kentucky, Pennsylvania, Virginia.

What size grants does The Parkerson Foundation award?

In 2020, The Parkerson Foundation awarded 4 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Parkerson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, The Parkerson Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Parkerson Foundation's EIN?

The Parkerson Foundation's EIN (Employer Identification Number) is 54-2014686. IRS Form 990 filing data is available on this page for 2020.

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

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