The Parks System Trust Fund of Wheeling

Public charity · Grantmaker Wheeling, WV EIN: 55-6000663

The Parks System Trust Fund of Wheeling is a public charity based in Wheeling, West Virginia, formed in 1945. Its stated purpose is to support the public parks of Wheeling, Ohio County, West Virginia, and provide for the continued existence of the Wheeling Park Commission and its work maintaining a public park system for the general public.

Key facts about The Parks System Trust Fund of Wheeling

In short: The Parks System Trust Fund of Wheeling reported $1.2M in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
55-6000663
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$1,212,853 — reported as a total on the IRS filing, without an itemized list
Total assets
$24,092,281

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$24.1M

+11.3% YoY

Grants Paid (reported total)

$1.2M

-45.6% YoY

Revenue

$2.6M

+8.9% YoY

Net Investment Income

$1.2M

-8.0% YoY

How The Parks System Trust Fund of Wheeling gives

  • Giving grew 46% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

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

Mission & Focus Areas

The organization’s stated mission is “to support the public parks of Wheeling, Ohio County, West Virginia.” Its filing describes a program of providing for the continued existence of the Wheeling Park Commission and its objectives of maintaining a public park system for the general public.

Grantmaking

The funder reported one grant in 2024, totaling $2,228,877, and one grant in 2023, totaling $1,097,266. The available information does not identify the recipients, so typical grant size and notable grantees cannot be specified. The 2025 filing reports no grants.

Grant Range

and notable grantees cannot be specified. The 2025 filing reports no grants.

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Geographic Focus

Where this funder awards grants

The organization’s stated mission concerns the public parks of Wheeling, Ohio County, West Virginia.

Grant Distribution by State

1state

Cities

Wheeling

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $939K (2020) to $2.2M (2024). In 2025 it reported $1.2M in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants given
2025 $24,092,281 $2,572,834 $1,322,976 0
2024 $21,650,277 $2,361,654 $2,338,521 1 ($2,228,877)
2023 $20,616,795 $1,647,678 $1,200,147 1 ($1,097,266)
Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$24,092,281$21,650,277$20,616,795
Revenue$2,572,834$2,361,654$1,647,678
Expenses$1,322,976$2,338,521$1,200,147
Net Investment Income$1,229,669$1,337,149$602,086

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 31, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS July 10, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS June 17, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 29, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 19, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists R Gregory McDermott as chairman, Joan C Stamp as vice chairman, David H McKinley as secretary-treasurer, Gene Fahey and Justin Seibert as directors, and Bob Peckenpaugh as president and CEO. The filing states that the trustees are the park commissioners of the City of Wheeling: two are appointed by the city manager, and three by the president of the Wheeling Area Chamber of Commerce.

The Parks System Trust Fund of Wheeling is led by Bob Peckenpaugh, President & CEO on every filing since 2022; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bob Peckenpaugh

    President & CEO

    On filings since 2022

    1 hr/week

    No compensation reported

  • R. Gregory McDermott

    Chairman

    Trustee → Chairman, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Justin B. Seibert

    Director

    Trustee → Director, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gene Fahey

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • David H. McKinley

    Secretary-Treasurer

    Trustee → Secretary-Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joan C. Stamp

    Vice Chairman

    Secretary-Treasurer → Vice Chairman, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Sue Seibert Farnsworth (2020–2021) — Trustee
  • Former: Wilbur S. Jones (2020) — Chairman

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.

Contact

Mailing address: Oglebay Park, Wheeling, WV 26003
Phone: (304) 243-4011

Frequently asked questions about The Parks System Trust Fund of Wheeling

How much does The Parks System Trust Fund of Wheeling give each year?

The Parks System Trust Fund of Wheeling reported $1.2M in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $2.2M across 1 grant.

How large is The Parks System Trust Fund of Wheeling?

The Parks System Trust Fund of Wheeling reported $24.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.

What does The Parks System Trust Fund of Wheeling fund?

The organization’s stated mission is “to support the public parks of Wheeling, Ohio County, West Virginia.” Its filing describes a program of providing for the continued existence of the Wheeling Park Commission and its objectives of maintaining a public park system for the general public. See mission & focus areas ↑

How do I apply for a grant from The Parks System Trust Fund of Wheeling?

The Parks System Trust Fund of Wheeling has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

Where does The Parks System Trust Fund of Wheeling make grants?

The organization’s stated mission concerns the public parks of Wheeling, Ohio County, West Virginia.

What is The Parks System Trust Fund of Wheeling's EIN?

The Parks System Trust Fund of Wheeling's EIN (Employer Identification Number) is 55-6000663. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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