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Park Loop Charitable Foundation is a private corporation based in FORT WORTH, TX. The foundation received its IRS ruling in 2019. The principal officer is % Jay Hebert. It holds total assets of $9.8M. Annual income is reported at $3.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Park Loop Charitable Foundation has made 36 grants totaling $2.5M, with a median grant of $35K. Annual giving has grown from $325K in 2020 to $775K in 2023. Grantmaking activity was highest in 2022 with $1M distributed across 18 grants. Individual grants have ranged from $10K to $250K, with an average award of $70K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in District of Columbia, Maine, Virginia, which account for 69% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Park Loop Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in DC, ME, VA.
Park Loop Charitable Foundation has distributed a total of $2.5M across 36 grants. The median grant size is $35K, with an average of $70K. Individual grants have ranged from $10K to $250K.
Park Loop Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Park Loop Charitable Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy R Bass | CHAIRMAN OF THE BOARD AND | $0 | $0 | $0 |
| Bryan Barrett | CHIEF FINANCIAL OFFICER | $0 | $0 | $0 |
| Jay Hebert | SECRETARY | $0 | $0 | $0 |
Total Giving
$835K
Total Assets
$8.4M
Fair Market Value
$11.4M
Net Worth
$8.4M
Grants Paid
$775K
Contributions
$421K
Net Investment Income
$1.1M
Distribution Amount
$502K
Total: $8.4M
Total Grants
36
Total Giving
$2.5M
Average Grant
$70K
Median Grant
$35K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaCAPITAL COMMITMENT | Boone, IA | $70K | 2023 |
| College Of The AtlanticCAPITAL COMMITMENT | Bar Harbor, ME | $250K | 2023 |
| Georgetown University Law CenterCAPITAL COMMITMENT | Washington, DC | $185K | 2023 |
| Virginia Athletics FoundationCAPITAL COMMITMENT | Charlottesville, VA | $100K | 2023 |
| Groton SchoolCAPITAL COMMITMENT | Groton, MA |
| 2018 | 990PF | View |
| $50K |
| 2023 |
| Americans For Oxford IncCAPITAL COMMITMENT | New York, NY | $35K | 2023 |
| Saint Patrick'S Episcopal Day SchoolCAPITAL COMMITMENT | Washington, DC | $35K | 2023 |
| Stanford UniversityCAPITAL COMMITMENT | Stanford, CA | $20K | 2023 |
| The Lifelight FoundationCAPITAL COMMITMENT | Camden, ME | $10K | 2023 |
| Washington Jesuit AcademyCAPITAL COMMITMENT | Washington, DC | $10K | 2023 |
| Town Of Mount Desert Community Development CorporationCAPITAL COMMITMENT | Northeast Harbor, ME | $10K | 2023 |
HOUSTON, TX
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