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John B Parsons Foundation is a private corporation based in SALISBURY, MD. The foundation received its IRS ruling in 1973. It holds total assets of $11.1M. Annual income is reported at $1.2M. Total assets have grown from $4.7M in 2011 to $10M in 2023. The foundation is governed by 14 officers and trustees. Direct contributions to other organizations as follows: adult medical daycare, coastal hospice, joseph house, salvation army,caregivers, alzheiler support, prescription program, meals on wheels, senior care, chesapeake housing mission, h.o.p.e. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Maryland. According to available records, John B Parsons Foundation has made 46 grants totaling $1.9M, with a median grant of $31K. Annual giving has grown from $392K in 2020 to $897K in 2022. Individual grants have ranged from $1K to $152K, with an average award of $41K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$31K
Average Grant
$36K
Largest Grant
$93K
Based on 11 grants from the most recent 990-PF filing.
Direct contributions to other organizations as follows: adult medical daycare, coastal hospice, joseph house, salvation army,caregivers, alzheiler support, prescription program, meals on wheels, senior care, chesapeake housing mission, h.o.p.e.
Expenses: $584K
Specific assistance and administration expenses related to elderly residents in maryland.
Expenses: $39K
Direct contributions to other organizations as follows: adult medical daycare, coastal hospice, joseph house, salvation army,caregivers, alzheiler support, prescription program, meals on wheels, senior care, chesapeake housing mission, h.o.p.e. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in MD.
John B Parsons Foundation has distributed a total of $1.9M across 46 grants. The median grant size is $31K, with an average of $41K. Individual grants have ranged from $1K to $152K.
The application deadline is NO DEADLINE.. Organization assists needy elderly people to obtain housing, healthcare, clothing and food through funding other exempt organizations.
John B Parsons Foundation is headquartered in SALISBURY, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James E Martin | TRUSTEE | $0 | $0 | N/A |
| Carolyn Stegman | TRUSTEE | $0 | $0 | N/A |
| Lynne Peverley | TRUSTEE | $0 | $0 | N/A |
| Robert Long | TRUSTEE | $0 | $0 | N/A |
| Jeffrey F Turner | TRUSTEE | $0 | $0 | N/A |
| Philip L Bradshaw | TRUSTEE | $0 | $0 | N/A |
| Loudell Insley | TRUSTEE | $0 | $0 | N/A |
| Ernest I Cornbrooks Iii | PRESIDENT | $0 | $0 | N/A |
| Gayle Widdowson | SECRETARY | $0 | $0 | N/A |
| Robert C Davis | TREASURER | $0 | $0 | N/A |
| Sharon A Morris | TRUSTEE | $0 | $0 | N/A |
| David Downes | TRUSTEE | $0 | $0 | N/A |
| Allen Brown | TRUSTEE | $0 | $0 | N/A |
| Cynthia Macdonald | TRUSTEE | $0 | $0 | N/A |
Total Giving
$488K
Total Assets
$10M
Fair Market Value
$10M
Net Worth
$10M
Grants Paid
$449K
Contributions
$138K
Net Investment Income
$257K
Distribution Amount
$455K
Total: $9.9M
Total Grants
46
Total Giving
$1.9M
Average Grant
$41K
Median Grant
$31K
Unique Recipients
8
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| HopeEMERGENCY SERVICES | Salisbury, MD | $16K | 2022 |
| Mac IncSENIOR SUPPORT | Salisbury, MD | $122K | 2022 |
| Joseph HouseSENIOR CARE | Salisbury, MD | $52K | 2022 |
| Shady PinesADULT MEDICAL DAYCARE | Salisbury, MD | $31K | 2022 |
| Chesapeake Housing MissionDISABLED RAMPS | Salisbury, MD | $20K | 2022 |
| Coastal HospiceSENIOR HOSPICE CARE | Salisbury, MD | $17K | 2022 |
| Salvation ArmySENIOR CARE | Salisbury, MD | $17K | 2022 |
| Stories Love MusicTHERAPY | Salisbury, MD | $1K | 2022 |