Parker Family Foundation

PENNINGTON, NJ EIN: 04-3542674

The Parker Family Foundation is a private family foundation established in 2001 and based in Pennington, New Jersey. The foundation operates as a 501(c)(3) private independent foundation with tax-exempt status since January 2001. It maintains strong ties to the Greater Boston area and supports arts, education, and humanitarian causes.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13.0M

+5.1% YoY

Annual Giving

$1.0M

-6.4% YoY

Grant Count

12

+0.0% YoY

Avg Grant Size

$87K

-6.4% YoY

Under IRS private-foundation payout rules, Parker Family Foundation reported a distributable amount of $821K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports left-of-center organizations with a focus on:

  • Arts, Culture & Humanities
  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Creative Writing
  • Historic Buildings
  • Journalism

Grantmaking

The foundation provides general operating support and program funding to a select group of organizations. It emphasizes personal connections and active engagement with grantees, pursuing long-term relationships based on consistent and continuous support rather than one-time grants.

Grant Range

approximately $93,333

Average Grant

approximately $93,333

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's primary geographic focus includes:

  • Greater Boston area (Massachusetts)
  • New York
  • Washington, D.C.

Grant Distribution by State

4states

Cities

ArlingtonBostonCharlestownJamaica PlainLexingtonLincolnNew YorkNewtonSomervilleWalthamWashington

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (FYE July 2024):

  • Total assets: $12,355,238
  • Total revenues: $1,605,243
  • Total expenses: $1,274,409
  • Investment income and dividends: $348,716
  • Total grants, contributions, etc.: $301,475

Operational Efficiency: Approximately 92% of expenses go toward charitable disbursements, demonstrating strong operational efficiency.

Contact Information:

  • Address: PO Box 1532, Pennington, NJ 08534-0691
  • Telephone: 888-866-3275
  • Website: parkerff.org
  • EIN: 04-3542674
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$599K$1M$2M$2M202020212022202320242025
Metric202520242023
Total Assets$12,986,128$12,355,238$12,191,730
Revenue$2,179,889$1,605,243$1,431,818
Expenses$1,222,627$1,274,409$1,299,655
Qualifying Distributions$1,106,102$1,174,270$1,185,629
Net Investment Income$1,527,446$1,206,188$814,142
Distributable Amount$820,708$765,366$724,294

Giving Over Time

Total grant dollars and number of grants per year

$0$283K$566K$849K$1M11 grants202010 grants202111 grants202211 grants202312 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

ALZHEIMERS DISEASE & REL…$213KACTORS SHAKESPEARE PROJE…$175KMASSACHUSETTS BUDGET & P…$110KEDVESTORS INC$110KDOCTORS WITHOUT BORDERS$85KSUMMER SEARCH$85KPEOPLE FOR THE AMERICAN …$80KHANDEL AND HAYDN SOCIETY$50KGRUB STREET INC$45KTHEATER OFFENSIVE INC$40K

Grant Size Distribution

56 grants across all recorded years

11<$50K23$50–100K22$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Alzheimers Disease & Related Disorders ($213,000), Actors Shakespeare Project Inc ($175,000), Massachusetts Budget & Policy Center ($110,000).

RecipientPurposeAmount
TRUSTEES OF RESERVATIONS BOSTON, MAUNRESTRICTED GENERAL$30,000
HANDEL AND HAYDN SOCIETY BOSTON, MAUNRESTRICTED GENERAL$50,000
MASSACHUSETTS BUDGET & POLICY CENTER BOSTON, MAUNRESTRICTED GENERAL$110,000
THEATER OFFENSIVE INC BOSTON, MAUNRESTRICTED GENERAL$40,000
ALZHEIMERS DISEASE & RELATED DISORDERS NEWTON, MAUNRESTRICTED GENERAL$213,000
PEOPLE FOR THE AMERICAN WAY FOUNDATION WASHINGTON, DCUNRESTRICTED GENERAL$80,000
DOCTORS WITHOUT BORDERS NEW YORK, NYUNRESTRICTED GENERAL$85,000
ACTORS SHAKESPEARE PROJECT INC CHARLESTOWN, MAUNRESTRICTED GENERAL$175,000
MASSACHUSETTS POETRY OUTREACH PROGRAM BOSTON, MAUNRESTRICTED GENERAL$25,000
SUMMER SEARCH JAMAICA PLAIN, MAUNRESTRICTED GENERAL$85,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation was established by Glenn P. Parker and Faith K.P. Parker.

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
GLENN P PARKERTRUSTEE1
FAITH K PARKERTRUSTEE2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Parker Family Foundation fund?

The foundation supports left-of-center organizations with a focus on: • Arts, Culture & Humanities • Education • Philanthropy, Voluntarism & Grantmaking • Creative Writing • Historic Buildings • Journalism

How do I apply for a grant from Parker Family Foundation?

**Grant Activity:** • Annual giving: approximately $1.1 million • Total grants distributed since 2001: over $15 million • Number of active grantee organizations: approximately 12 • Average grant size: approximately $93,333 • Typical grant range: $50,000–$213,000 **Grant Types:** The foundation provides general operating support and program funding to a select group of organizations. It emphasizes personal connections and active engagement with grantees, pursuing long-term relationships based on…

Where does Parker Family Foundation make grants?

The foundation's primary geographic focus includes: • Greater Boston area (Massachusetts) • New York • Washington, D.C.

What size grants does Parker Family Foundation award?

In 2025, Parker Family Foundation awarded 12 grants totaling $1.0M — an average of about $87K per grant, based on its IRS Form 990 filings.

How much is Parker Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Parker Family Foundation reported a distributable amount of $821K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Parker Family Foundation's EIN?

Parker Family Foundation's EIN (Employer Identification Number) is 04-3542674. IRS Form 990 filing data is available on this page for 2020–2025.

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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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