Parker-hannifin Foundation
The Parker-Hannifin Foundation is a company-sponsored foundation incorporated in 1953 and granted charitable status in March 1954. Based in Cleveland, Ohio, it is a 501(c)(3) organization with the primary mission of supporting nonprofit organizations across multiple sectors. The foundation is sponsored by Parker-Hannifin Corporation.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$19.0M
+42.3% YoY
Annual Giving
$9.6M
+22.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$4.8M
+22.9% YoY
Under IRS private-foundation payout rules, Parker-hannifin Foundation reported a distributable amount of $688K for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved in:
- Arts and culture
- Education
- Health
- Sports
- Human services
- Community economic development
- Civic affairs
Grantmaking
The foundation makes grants to educational institutions, health care organizations, and various local charities. It also provides matching gifts to eligible organizations.
Grant Range
** Typical awards range from $96,394 to $9,512,360.
How to Apply
** The foundation does not respond to unsolicited applications for funding.
Ready to take the next step with Parker-hannifin Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Virginia, Massachusetts, and South Carolina, though it also supports local Cleveland-area organizations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
| Metric | Amount |
|---|---|
| Total Assets | $13,322,608 |
| Total Revenues | $9,074,288 |
| Total Expenses | $8,385,633 |
| Total Grants Made | $6,526,281 |
| Investment Income | $688,655 |
Revenue Breakdown (FY 2024):
- Grants and contributions: $8,379,057
- Investment income and dividends: $688,655
- Miscellaneous revenues: $6,576
Year-over-Year Growth (FY 2023 to FY 2024):
- Total revenues increased 22.2%
- Total grants, contributions increased 20.6%
- Investment income increased 45.6%
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,955,541 | $13,322,608 | $12,624,200 |
| Revenue | $10,884,288 | $9,074,288 | $7,423,632 |
| Expenses | $10,246,426 | $8,385,633 | $6,950,512 |
| Qualifying Distributions | $9,641,239 | $7,845,021 | $6,432,104 |
| Net Investment Income | $637,862 | $688,655 | $473,120 |
| Distributable Amount | $687,634 | $626,358 | $600,711 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Charities Aid Foundation America ($9,512,360), CyberGrants SPV ($128,879).
| Recipient | Purpose | Amount |
|---|---|---|
| Charities Aid Foundation America Alexandria, VA | CHARITIES AID FOUNDATION AMERICA IS THE SPONSORING ORGANIZATION OF A DONOR ADVISED FUND AND MAKES GRANTS TO ALL NON-PROFIT ORGANIZATIONS PERMITTED BY LAW TO RECEIVE GRANTS FROM A DONOR ADVISED FUND. | $9,512,360 |
| CyberGrants SPV Andover, MA | CYBERGRANTS SPV IS THE SPONSORING ORGANIZATION OF A DONOR ADVISED FUND AND MAKES GRANTS TO ALL NON-PROFIT ORGANIZATIONS PERMITTED BY LAW TO RECEIVE GRANTS FROM A DONOR ADVISED FUND | $128,879 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD LEOMBRUNO | 0 | — | — |
| JOSEPH LEONTI | 0 | — | — |
| JENNIFER PARMENTIER | 0 | — | — |
| ANDREW ROSS | 0 | — | — |
| MARK HART | 0 | — | — |
| GUY FABE | 0 | — | — |
Recent News & Activity
Recent developments and announcements
The Parker-Hannifin Foundation was recognized as a launch donor to the 2026 Special Olympics Airlift Campaign
Celebrating the Launch Donor to the 2026 Special Olympics Airlift Campaign:The foundation endowed an engineering chair at Case Western Reserve University
Parker Hannifin Foundation endows engineering chair at Case Western ReserveThe Stuff the Bus Foundation received a Parker-Hannifin Foundation grant to support students
Parker Hannifin Foundation endows engineering chair at Case Western ReserveA $225,000 grant was awarded to support community school services at Erie High School
Stuff the Bus Foundation awarded Parker Hannifin grant to support studentsFrequently Asked Questions
What does Parker-hannifin Foundation fund?
The foundation supports organizations involved in: • Arts and culture • Education • Health • Sports • Human services • Community economic development • Civic affairs
How do I apply for a grant from Parker-hannifin Foundation?
The foundation makes grants to educational institutions, health care organizations, and various local charities. It also provides matching gifts to eligible organizations. **Application Process:** The foundation does not respond to unsolicited applications for funding. **Recent Grant Activity:** • In fiscal year 2024 (ending June 2024), the foundation made $6,526,281 in annual grants • A significant grant of $7,723,490 was made to Charities Aid Foundation of America, which serves as the sponsor…
Where does Parker-hannifin Foundation make grants?
The foundation's grantmaking focuses primarily on Virginia, Massachusetts, and South Carolina, though it also supports local Cleveland-area organizations.
What size grants does Parker-hannifin Foundation award?
In 2025, Parker-hannifin Foundation awarded 2 grants totaling $9.6M — an average of about $4.8M per grant, based on its IRS Form 990 filings.
How much is Parker-hannifin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Parker-hannifin Foundation reported a distributable amount of $688K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Parker-hannifin Foundation's EIN?
Parker-hannifin Foundation's EIN (Employer Identification Number) is 34-6555686. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Parker-hannifin Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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