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.
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
Cities
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
56 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| TRUSTEES OF RESERVATIONS BOSTON, MA | UNRESTRICTED GENERAL | $30,000 |
| HANDEL AND HAYDN SOCIETY BOSTON, MA | UNRESTRICTED GENERAL | $50,000 |
| MASSACHUSETTS BUDGET & POLICY CENTER BOSTON, MA | UNRESTRICTED GENERAL | $110,000 |
| THEATER OFFENSIVE INC BOSTON, MA | UNRESTRICTED GENERAL | $40,000 |
| ALZHEIMERS DISEASE & RELATED DISORDERS NEWTON, MA | UNRESTRICTED GENERAL | $213,000 |
| PEOPLE FOR THE AMERICAN WAY FOUNDATION WASHINGTON, DC | UNRESTRICTED GENERAL | $80,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | UNRESTRICTED GENERAL | $85,000 |
| ACTORS SHAKESPEARE PROJECT INC CHARLESTOWN, MA | UNRESTRICTED GENERAL | $175,000 |
| MASSACHUSETTS POETRY OUTREACH PROGRAM BOSTON, MA | UNRESTRICTED GENERAL | $25,000 |
| SUMMER SEARCH JAMAICA PLAIN, MA | UNRESTRICTED 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GLENN P PARKER | TRUSTEE | 1 | — |
| FAITH K PARKER | TRUSTEE | 2 | — |
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.
Explore Open Grants
Browse active grant opportunities in Parker Family 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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