The Ralph M Parsons Foundation
The Ralph M. Parsons Foundation is a responsive grantmaker that improves the well-being of residents of Los Angeles County through grants in four priority areas: Civic & Cultural, Education, Health, and Human Services. As a responsive grantmaker, the Foundation believes that nonprofits know what is best for their communities and invests in organizations that strengthen the region's broad fabric, with the majority of grants supporting general operating support for organizations delivering direct services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$452.4M
+3.1% YoY
Annual Giving
$18.2M
-7.3% YoY
Grant Count
403
+9.8% YoY
Avg Grant Size
$45K
-15.6% YoY
Under IRS private-foundation payout rules, The Ralph M Parsons Foundation reported a distributable amount of $21.9M for 2024 — the minimum it must pay out in qualifying distributions.
About The Ralph M Parsons Foundation
Based on IRS filings
The Ralph M Parsons Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $452.4M in total assets. In 2024, it awarded 403 grants totaling $18.2M. Net investment income was $32.3M.
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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 | $452,365,338 | $438,732,767 | $415,112,931 |
| Revenue | $17,714,189 | $24,997,425 | $-2,958,519 |
| Expenses | $34,000,855 | $33,149,535 | $35,190,434 |
| Qualifying Distributions | $23,662,877 | $24,889,731 | $27,244,154 |
| Net Investment Income | $32,294,771 | $36,672,869 | — |
| Distributable Amount | $21,866,584 | $21,064,757 | $20,804,894 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The Ralph M Parsons Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Colburn School ($500,000), The People Concern ($300,000), Seed School of Los Angeles County ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JAPANESE AMERICAN BAR ASSOCIATION EDUCATIONAL FOUNDATION LOS ANGELES, CA | TO SUPPORT THE 2024 JABA GALA | $5,000 |
| BILL HILLARY & CHELSEA CLINTON FOUNDATION LITTLE ROCK, AR | FOR GENERAL SUPPORT OF EFFORTS TO EXPAND ECONOMIC OPPORTUNITY, IMPROVE PUBLIC HEALTH, CONFRONT THE CLIMATE CRISIS, AND INSPIRE CITIZEN ENGAGEMENT AND SERVICE | $10,000 |
| WOMENS & CHILDRENS CRISIS SHELTER WHITTIER, CA | FOR PROFESSIONAL DEVELOPMENT ACTIVITIES | $15,000 |
| VARIETY BOYS AND GIRLS CLUB LOS ANGELES, CA | FOR GENERAL SUPPORT OF YOUTH DEVELOPMENT PROGRAMS | $25,000 |
| VIDIOTS FOUNDATION LOS ANGELES, CA | FOR GENERAL SUPPORT OF THE FILM COLLECTION AND PROGRAMS | $10,000 |
| VISION TO LEARN LOS ANGELES, CA | FOR GENERAL SUPPORT OF VISION SERVICES FOR STUDENTS IN LOS ANGELES COUNTY | $50,000 |
| UNION RESCUE MISSION LOS ANGELES, CA | FOR GENERAL SUPPORT OF HOUSING AND SUPPORTIVE SERVICES FOR PEOPLE EXPERIENCING HOMELESSNESS | $150,000 |
| THE LOS ANGELES CHAMBER ORCHESTRA SOCIETY INC LOS ANGELES, CA | FOR GENERAL SUPPORT OF MUSIC AND EDUCATION PROGRAMS | $50,000 |
| REGENTS UNIV OF CALIFORNIA LOS ANGELES, CA | OVER TWO YEARS TO SUPPORT THE UCLA BRUIN GUARDIAN SCHOLARS ACADEMY | $50,000 |
| TWINSPIRE TOGETHER WE INSPIRE LOS ANGELES, CA | FOR GENERAL SUPPORT OF FINANCIAL LITERACY PROGRAMS FOR YOUTH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER PRICE-LETSCHER | PRESIDENT & CEO | 35 | $450,000 |
| E THOMAS BREWER | VP, FINANCE & ADMINISTRATION | 35 | $367,166 |
| NICOLE LARSEN | DIRECTOR, GRANTS ADMINISTRATION | 35 | $210,275 |
| JONATHAN WALD | DIRECTOR, FINANCE | 35 | $200,000 |
| MELANIE FUJII | GRANTS MANAGER | 35 | $128,500 |
| GAYLE E WILSON | DIRECTOR | 2 | $34,500 |
| STEVEN A NISSEN | DIRECTOR | 2 | $34,500 |
| ELIZABETH HAMILTON LOWE | DIRECTOR | 2 | $34,500 |
| NINA REVOYR | DIRECTOR, VICE CHAIR | 2 | $34,500 |
| PAUL G HAAGA JR | DIRECTOR, CHAIR | 2 | $34,500 |
| STASIA WASHINGTON | DIRECTOR | 2 | $28,500 |
| MANUEL A ABASCAL | DIRECTOR | 2 | — |
| JOHN B EMERSON | DIRECTOR | 2 | — |
| STEPHANIE IVY SANFORD | DIRECTOR | 2 | — |
| PETER J TAYLOR | DIRECTOR | 2 | — |
Frequently Asked Questions
How large is The Ralph M Parsons Foundation?
As of 2024, The Ralph M Parsons Foundation holds $452.4M in total assets with $17.7M in annual revenue. It awarded 403 grants totaling $18.2M in 2024.
Where does The Ralph M Parsons Foundation operate?
The Ralph M Parsons Foundation has awarded grants in Arkansas, California, Connecticut, District of Columbia, Hawaii, Illinois, Massachusetts, Maryland, Missouri, North Carolina, New Jersey, New York, Ohio, Virginia, Washington.
What size grants does The Ralph M Parsons Foundation award?
In 2024, The Ralph M Parsons Foundation awarded 403 grants totaling $18.2M — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is The Ralph M Parsons Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ralph M Parsons Foundation reported a distributable amount of $21.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ralph M Parsons Foundation's EIN?
The Ralph M Parsons Foundation's EIN (Employer Identification Number) is 95-6085895. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Ralph M Parsons 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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