The Thomas and Michele Parsons Family
The Thomas and Michele Parsons Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $741K in total assets. In 2024, it awarded 17 grants totaling $67K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$741K
-6.5% YoY
Annual Giving
$67K
-26.0% YoY
Grant Count
17
-19.0% YoY
Avg Grant Size
$4K
-8.6% YoY
Under IRS private-foundation payout rules, The Thomas and Michele Parsons Family reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About The Thomas and Michele Parsons Family
Based on IRS filings
The Thomas and Michele Parsons Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $741K in total assets. In 2024, it awarded 17 grants totaling $67K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $741,173 | $792,853 | $871,301 |
| Revenue | $34,190 | $25,140 | $34,189 |
| Expenses | $85,870 | $108,588 | $105,680 |
| Qualifying Distributions | $77,139 | $100,387 | $95,884 |
| Net Investment Income | $25,459 | $17,415 | $25,208 |
| Distributable Amount | $45,596 | $46,831 | $45,474 |
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
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Camps Newfound Owatonna Corporation ($20,000), First Church of Christ Scientist ($20,000), Boys and Girls Clubs of King County ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHER STUDENT FOUNDATION SAN FRANCISCO, CA | General & Unrestricted | $500 |
| BIBLOS FOUNDATION BALLWIN, MO | General & Unrestricted | $1,000 |
| BOYS AND GIRLS CLUBS OF KING COUNTY SEATTLE, WA | General & Unrestricted | $5,000 |
| CAMPS NEWFOUND OWATONNA CORPORATION HARRISON, ME | General & Unrestricted | $20,000 |
| CHESTNUT HILL BENEVOLENT ASSOC CHESTNUT HILL, MA | General & Unrestricted | $1,000 |
| FIRST CHURCH OF CHRIST SCIENTIST REDMOND, WA | General & Unrestricted | $20,000 |
| FIRST CHURCH OF CHRIST SCIENTIST SEATTLE, WA | General & Unrestricted | $5,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | General & Unrestricted | $250 |
| HOUSING DEVELOPMENT CONSORTIUM OF SEATTLE-KING COU SEATTLE, WA | General & Unrestricted | $1,000 |
| IMAGINE HOUSING REDMOND, WA | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michele T Parsons | Dir | 1 | — |
| Thomas B Parsons | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Thomas and Michele Parsons Family?
The Thomas and Michele Parsons Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $741K in total assets as of 2024.
How large is The Thomas and Michele Parsons Family?
As of 2024, The Thomas and Michele Parsons Family holds $741K in total assets with $34K in annual revenue. It awarded 17 grants totaling $67K in 2024.
Where does The Thomas and Michele Parsons Family operate?
The Thomas and Michele Parsons Family has awarded grants in California, Massachusetts, Maine, Michigan, Missouri, New York, Washington.
What size grants does The Thomas and Michele Parsons Family award?
In 2024, The Thomas and Michele Parsons Family awarded 17 grants totaling $67K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Thomas and Michele Parsons Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thomas and Michele Parsons Family reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thomas and Michele Parsons Family's EIN?
The Thomas and Michele Parsons Family's EIN (Employer Identification Number) is 82-3685308. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Thomas and Michele Parsons Family'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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