W Parsons Todd Foundation Inc
W Parsons Todd Foundation Inc is a private foundation, based in Ewing, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 3 grants totaling $220K. Net investment income was $327K.
W Parsons Todd Foundation Inc at a glance
In short: W Parsons Todd Foundation Inc gave $220K across 3 grants in 2024 (avg $73K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $220,452
- -7.0% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $73,484
- -7.0% vs 2023
- Median grant
- $3,000
- Total assets
- $3,895,997
- +2.9% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who W Parsons Todd Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Macculloch Hall Historical Museum ($217K). Together the top 3 received $220K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 11 grants of 16 (69%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How W Parsons Todd Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $219K (2020) to $257K (2022). In 2024 it made 3 grants totaling $220K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Macculloch Hall Historical Museum Morristown, NJ | For Operating Expenses of the Recipent Charity | $216,952 |
| Church of the Redeemer Morristown, NJ | For Operating Expenses of the Recipent Charity | $3,000 |
| Friend of Historic Speedwell Morristown, NJ | For Operating Expenses of the Recipent Charity | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,895,997 | $362,808 | $256,976 | $220,452 | 3 | $220,769 | $326,601 | $234,534 |
| 2023 | $3,785,339 | $29,646 | $277,637 | $236,945 | 3 | $237,213 | $83,187 | $218,057 |
| 2022 | $4,030,366 | $70,778 | $287,788 | $256,772 | 2 | $257,086 | $69,065 | $234,769 |
| 2021 | $4,249,650 | $266,445 | $263,233 | $232,628 | 4 | $235,511 | $238,723 | $253,169 |
| 2020 | $4,250,091 | $-79,475 | $256,044 | $218,953 | 4 | — | $63,545 | $231,556 |
Under IRS private-foundation payout rules, W Parsons Todd Foundation Inc reported a distributable amount of $235K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
W Parsons Todd Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas A. Propp
Trustee
On filings since 2020
1 hr/week
No compensation reported
Melvin S. Heller
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rodney M. Propp
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 W Parsons Todd Foundation Inc
How much does W Parsons Todd Foundation Inc give each year?
W Parsons Todd Foundation Inc gave $220K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $237K across 3 grants.
What is W Parsons Todd Foundation Inc's typical grant size?
W Parsons Todd Foundation Inc's median grant in 2024 was $3,000, and its average grant was $73,484, across 3 grants on its 2024 IRS Form 990-PF.
Where does W Parsons Todd Foundation Inc give grants?
W Parsons Todd Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Morristown, NJ (3 grants).
Does W Parsons Todd Foundation Inc give general operating support?
Yes: 100% of W Parsons Todd Foundation Inc's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is W Parsons Todd Foundation Inc?
W Parsons Todd Foundation Inc reported $3.9M in total assets on its 2024 IRS Form 990-PF. It paid out $221K in qualifying distributions that year, against a required minimum of $235K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is W Parsons Todd Foundation Inc's EIN?
W Parsons Todd Foundation Inc's EIN (Employer Identification Number) is 13-6116488. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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