The Parkerson Foundation

Private foundation · Grantmaker Suffolk, VA EIN: 54-2014686

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

The Parkerson Foundation at a glance

In short: The Parkerson Foundation gave $9K across 4 grants in 2020 (avg $2K), mostly in Virginia. Source: 2020 IRS Form 990-PF.

Annual giving (2020)
$8,500
Grants made (2020)
4
Average grant
$2,125
Median grant
$1,500
Primary geography
Virginia (82% of itemized 2020 grant dollars)
Latest 990 filing
Form 990-PF, 2020 View filing

Data from IRS Form 990-PF, 2020; updated September 2026.

Who The Parkerson Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2020

Jonathan Ministries: $5KJonathan Ministries$5KStonebridge School: $2KStonebridge School$2KEveryone's Child: $1KEveryone's Child$1K

The largest 2020 recipient was Jonathan Ministries ($5K). Together the top 3 received $8K.

Organizations only. It also paid 1 grant to individuals ($500), which are not listed by name.

Grant Size Distribution

4 grants across all recorded years

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

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2020 grant dollars across all 4 itemized grants.

Cities

ChesapeakeLinesvilleSuffolkCovington

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K4 grants2020

In 2020 it made 4 grants totaling $9K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Jonathan Ministries Suffolk, VASupport$5,000
Stonebridge School Chesapeake, VASupport$2,000
Everyone's Child Linesville, PASupport$1,000
1 grant to individuals Recipients not named —$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearRevenueExpensesGrants paidGrantsNet Investment IncomeDistributable Amount
2020$2,990$10,522$8,5004$2,990$3,076

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.

Leadership & Key People

Officers and directors from IRS filings

The Parkerson Foundation is led by Margaret L. Parkerson, President on the 2020 filing; none of the 4 officers listed in 2020 report compensation.

Officers on the 2020 filing

  • Margaret L. Parkerson

    President

    New on the 2020 filing

    No compensation reported

  • Arthur L. Parkerson

    Director

    New on the 2020 filing

    No compensation reported

  • Laura Scott Butterfield

    Director

    New on the 2020 filing

    No compensation reported

  • Sarah Parkerson Day

    Director

    New on the 2020 filing

    No compensation reported

Data from IRS Form 990 filings, 2020. "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 Parkerson Foundation

How much does The Parkerson Foundation give each year?

The Parkerson Foundation gave $9K across 4 grants in 2020, according to its 2020 IRS Form 990-PF.

What is The Parkerson Foundation's typical grant size?

The Parkerson Foundation's median grant in 2020 was $1,500, and its average grant was $2,125, across 4 grants on its 2020 IRS Form 990-PF.

Where does The Parkerson Foundation give grants?

The Parkerson Foundation gives mostly in Virginia: 82% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (12%) and Kentucky (6%).

Does The Parkerson Foundation give general operating support?

Not in 2020: none of the 4 grants with a stated purpose on The Parkerson Foundation's 2020 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (4 grants).

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.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 12, 2021)
  2. IRS filings on file for fiscal year 2020

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Parkerson 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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