The Parsons Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $418K in total assets. In 2024, it awarded 24 grants totaling $195K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$418K
-25.5% YoY
Annual Giving
$195K
+44.1% YoY
Grant Count
24
+14.3% YoY
Avg Grant Size
$8K
+26.1% YoY
Under IRS private-foundation payout rules, The Parsons Family Foundation reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About The Parsons Family Foundation
Based on IRS filings
The Parsons Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $418K in total assets. In 2024, it awarded 24 grants totaling $195K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $417,800 | $561,122 | $504,829 |
| Revenue | $67,965 | $208,494 | $7,857 |
| Expenses | $211,287 | $152,202 | $180,285 |
| Qualifying Distributions | $194,861 | $135,670 | $150,000 |
| Net Investment Income | $4,266 | $3,927 | $2,983 |
| Distributable Amount | $35,588 | $48,973 | $63,510 |
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
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marine Corps Scholarship Foundation ($25,000), Volunteers of America Greater New York ($25,000), Boys & Girls Club of Monmouth County ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEST FRIENDS ANIMAL SOCIETY KANAB, UT | CHARITABLE | $5,000 |
| BLOCK ISLAND MARITIME INSTITUTE BLOCK ISLAND, RI | CHARITABLE | $5,000 |
| BOYS & GIRLS CLUB OF MONMOUTH COUNTY ASBURY PARK, NJ | CHARITABLE | $10,000 |
| CONNIE'S KITTENS APEX, NC | CHARITABLE | $5,000 |
| CRISTO REY BROOKLYN HIGH SCHOOL BROOKLYN, NY | CHARITABLE | $2,500 |
| DE LA SALLE ACADEMY NEW YORK, NY | CHARITABLE | $10,000 |
| DETERMINED TO BE A DOCTOR SOMEDAY MEMPHIS, TN | CHARITABLE | $10,000 |
| FIELDS 4 VALOR FARMS INC BRANDYWINE, MD | CHARITABLE | $7,500 |
| GIVE KIDS THE WORLD INC KISSIMMEE, FL | CHARITABLE | $5,000 |
| HUMANE SOCIETY OF NEW YORK NEW YORK, NY | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA A PARSONS | PRESIDENT/DIRECTOR | 1 | — |
| GREGORY A PARSONS | DIRECTOR | — | — |
| LESLIE J PARSONS | SECRETARY | 10 | $10,828 |
| REBECCA L PARSONS | DIRECTOR | — | — |
| CHRISTOPHER C ANGELL | ASSISTANT SECY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Parsons Family Foundation?
The Parsons Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $418K in total assets as of 2024.
How large is The Parsons Family Foundation?
As of 2024, The Parsons Family Foundation holds $418K in total assets with $68K in annual revenue. It awarded 24 grants totaling $195K in 2024.
Where does The Parsons Family Foundation operate?
The Parsons Family Foundation has awarded grants in Alabama, California, District of Columbia, Florida, Hawaii, Illinois, Maryland, Maine, Michigan, North Carolina, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, Utah, Virginia.
What size grants does The Parsons Family Foundation award?
In 2024, The Parsons Family Foundation awarded 24 grants totaling $195K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Parsons Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Parsons Family Foundation reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Parsons Family Foundation's EIN?
The Parsons Family Foundation's EIN (Employer Identification Number) is 13-3864478. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Parsons Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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