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Parker Farmily Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2001. The principal officer is Merrill Lynch Trust Company. It holds total assets of $13M. Annual income is reported at $6.5M. Total assets have grown from $8.4M in 2010 to $12.4M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Massachusetts. According to available records, Parker Farmily Foundation has made 43 grants totaling $4.2M, with a median grant of $82K. Annual giving has grown from $915K in 2020 to $1.1M in 2023. Individual grants have ranged from $10K to $225K, with an average award of $97K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Massachusetts, District of Columbia, New York, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$85K
Average Grant
$100K
Largest Grant
$200K
Based on 11 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Parker Farmily Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in MA, DC, NY.
Parker Farmily Foundation has distributed a total of $4.2M across 43 grants. The median grant size is $82K, with an average of $97K. Individual grants have ranged from $10K to $225K.
Parker Farmily Foundation typically selects its grantees rather than accepting unsolicited proposals.
Parker Farmily Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Glenn P Parker | TRUSTEE | $0 | $0 | N/A |
| Faith K Parker | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$12.4M
Fair Market Value
$16.6M
Net Worth
$12.4M
Grants Paid
$1.1M
Contributions
$301K
Net Investment Income
$1.2M
Distribution Amount
$765K
Total: $10.5M
Total Grants
43
Total Giving
$4.2M
Average Grant
$97K
Median Grant
$82K
Unique Recipients
13
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Decordova Sculpture Park & MuseumUNRESTRICTED GENERAL | Lincoln, MA | $200K | 2023 |
| Alzheimers Disease & RelatedUNRESTRICTED GENERAL | Waltham, MA | $197K | 2023 |
| Theater Offensive IncUNRESTRICTED GENERAL | Boston, MA | $130K | 2023 |
| Actors Shakespeare Project IncUNRESTRICTED GENERAL | Charlestown, MA | $100K | 2023 |
| Edvestors IncUNRESTRICTED GENERAL | Boston, MA | $95K | 2023 |
| Massachusetts Budget & PolicyUNRESTRICTED GENERAL | Boston, MA | $90K | 2023 |
| Summer SearchUNRESTRICTED GENERAL | Jamaica Plain, MA | $85K | 2023 |
| Medecins Sans Frontiers Usa IncUNRESTRICTED GENERAL | New York, NY | $75K | 2023 |
| People For The American WayUNRESTRICTED GENERAL | Washington, DC | $75K | 2023 |
| Handel And Haydn SocietyUNRESTRICTED GENERAL | Boston, MA | $50K | 2023 |
| Grub Street IncUNRESTRICTED GENERAL | Boston, MA | $35K | 2023 |
| Actors Shakespeare ProjectUNRESTRICTED GENERAL | Charlestown, MA | $110K | 2022 |
| Cary Memorial Library Fdn IncUNRESTRICTED GENERAL | Lexington, MA | $10K | 2021 |