Overview
The Ralph M. Parsons Foundation, based in Los Angeles, California, is a prominent philanthropic organization with assets totaling approximately $438.7 million. The foundation's annual expenses are around $33.1 million, with a revenue of about $25 million. It supports a wide range of initiatives across various cities and states, primarily focusing on California but also extending its reach to other states such as Arkansas, Hawaii, Illinois, Massachusetts, Maryland, Missouri, North Carolina, New Jersey, New York, and Virginia. The foundation's leadership includes Jennifer Price-Letscher as the current President & CEO, following the retirement of Wendy Garen. The foundation is known for its significant contributions to community development and support across numerous cities, including major urban centers like Los Angeles, New York, and Chicago. The board of directors includes notable figures such as Paul G. Haaga Jr., Nina Revoyr, and Gayle E. Wilson. The foundation's website is www.rmpf.org, where more information about its initiatives and grant opportunities can be found.
Focus Areas
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Financials
in 2024, compared to $415,112,931 in 2023
367 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
---|---|---|---|---|---|
$2,000,000 | CALIFORNIA COMMUNITY FOUNDATION | OVER TWO YEARS TO SUPPORT THE LA ARTS COVID-19 RELIEF AND RECOVERY FUND | 221 S FIGUEROA ST 400 LOS ANGELES, CA US | 2022 | |
$1,500,000 | CALIFORNIA SCIENCE CENTER FOUNDATION | OVER TWO YEARS TO SUPPORT PHASE III OF THE CENTER'S MASTER PLAN, THE LARGEST COMPONENT OF WHICH IS T... | 700 EXPOSITION PARK DRIVE LOS ANGELES, CA US | 2023 | |
$1,000,000 | LOS ANGELES COUNTY MUSEUM OF NATURAL HISTORY FOUNDATION | OVER THREE YEARS FOR CAPITAL SUPPORT TO CONSTRUCT THE NHM COMMONS | 900 EXPOSITION BOULEVARD LOS ANGELES, CA US | 2023 | |
$700,000 | DESTINATION CRENSHAW | OVER THREE YEARS FOR THE CONSTRUCTION OF A NEW OPEN-AIR MUSEUM | 5444 CRENSHAW BLVD LOS ANGELES, CA US | 2024 | |
$500,000 | THE CHILDRENS CLINIC SERVING CHILDREN AND THEIR FAMILIES (DBA TCC FAMILY HE | OVER TWO YEARS FOR CAPITAL SUPPORT OF THE TCC FAMILY HEALTH AND WELLNESS CENTER | 701 EAST 28TH STREET SUITE 200 LONG BEACH, CA US | 2022 | |
$500,000 | THE BRIDGESPAN GROUP INC | OVER TWO YEARS TO SUPPORT LEADERSHIP DEVELOPMENT FOR EXECUTIVE TEAMS IN LOS ANGELES COUNTY | 2 COPLEY PLACE SUITE 3700B BOSTON, MA US | 2023 | |
$400,000 | CALIFORNIA COMMUNITY FOUNDATION | OVER TWO YEARS TO SUPPORT THE NONPROFIT SUSTAINABILITY INITIATIVE | 717 W TEMPLE STREET LOS ANGELES, CA US | 2023 | |
$400,000 | MUSE-IQUE | OVER TWO YEARS FOR GENERAL SUPPORT OF EXPANSION OF MUSICAL EVENTS AND COMMUNITY ENGAGEMENT PROGRAMS | CIVIC AUDITORIUM 3RD FLOOR 300 E PASADENA, CA US | 2023 | |
$300,000 | PEOPLE ASSISTING THE HOMELESS | OVER TWO YEARS FOR GENERAL SUPPORT OF HOUSING AND HOMELESS SERVICES IN LOS ANGELES COUNTY | 340 N MADISON AVENUE LOS ANGELES, CA US | 2022 | |
$300,000 | THE PEOPLE CONCERN | OVER TWO YEARS FOR GENERAL SUPPORT OF HOMELESS SERVICES | 2116 ARLINGTON AVENUE SUITE 100 LOS ANGELES, CA US | 2023 |
People
Compensation data from most recent available 990 forms
Title | |||
---|---|---|---|
WG WENDY GAREN | PRESIDENT & CEO (RETIRED) | $1,068,138 | 2024 |
WG WENDY GAREN | PRESIDENT & CEO | $514,711 | 2023 |
WG WENDY GAREN | PRESIDENT & CEO | $492,326 | 2022 |
JP JENNIFER PRICE-LETSCHER | PRESIDENT & CEO | $366,569 | 2024 |
ETB E THOMAS BREWER | VP, FINANCE & ADMINISTRATION | $324,360 | 2024 |
WENDY GAREN
PRESIDENT & CEO (RETIRED)
WENDY GAREN
PRESIDENT & CEO
WENDY GAREN
PRESIDENT & CEO
JENNIFER PRICE-LETSCHER
PRESIDENT & CEO
E THOMAS BREWER
VP, FINANCE & ADMINISTRATION
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024