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THE RALPH M PARSONS FOUNDATION

LOS ANGELES, CA 956085895 WWW.RMPF.ORG

The Ralph M. Parsons Foundation, with assets of $438.7 million, supports community initiatives across multiple states, primarily in California, and is led by President & CEO Jennifer Price-Letscher.

Overview

About THE RALPH M PARSONS FOUNDATION

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

N/A

Geographic Focus

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Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $438.7M
Total Awarded This Year $19.6M
Average Grant Size $53K
Total Grants (Previous Year) 103,131
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
LOS ANGELES, CA US
Geographic Funding Distribution

Financials

Total Assets
$438,732,767

in 2024, compared to $415,112,931 in 2023

Annual Grants
$19,623,245

367 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
1051 grants found
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
Only the first 10 grants are currently displayed out of 1051 total

People

Leadership & Staff

Compensation data from most recent available 990 forms

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
Showing 5 of 41 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024