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Parks Family Foundation Inc. is a private corporation based in SCOTTSDALE, AZ. The foundation received its IRS ruling in 2020. The principal officer is Jim Parks. It holds total assets of $605K. Annual income is reported at $16K. The foundation is governed by 3 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 Texas. According to available records, Parks Family Foundation Inc. has made 31 grants totaling $116K, with a median grant of $5K. Annual giving has decreased from $25K in 2020 to $16K in 2023. Grantmaking activity was highest in 2022 with $55K distributed across 14 grants. Individual grants have ranged from $500 to $5K, with an average award of $4K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Texas, Tennessee, New York, which account for 77% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 3 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.
Parks Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in TX, TN, NY.
Parks Family Foundation Inc. has distributed a total of $116K across 31 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $500 to $5K.
Parks Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Parks Family Foundation Inc. is headquartered in SCOTTSDALE, AZ. While based in AZ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Parks | DIRECTOR | $0 | $0 | N/A |
| Tracy Parks | DIRECTOR | $0 | $0 | N/A |
| Shannon Parks | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$605K
Fair Market Value
N/A
Net Worth
$605K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
31
Total Giving
$116K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St JudesCHILDRENS HEALTHCARE | Memphis, TN | $5K | 2022 |
| Tunnel To Towers FoundationPROVIDING MORTGAGE-FREE HOMES TO GOLD STAR AND | Staten Island, NY | $5K | 2023 |
| St JudeCHILDRENS HOSPITAL WHERE PATIENTS PAY NOTHING | Memphis, TN | $5K | 2023 |
| Ut Mccombs School Of BusinessEDUCATIONAL INSTITUTION | Austin, TX | $5K | 2023 |
| Be Kind To PeopleINITIATES POSITIVE CHANGE IN OVERALL LEARNING EXP | Phoenix, AZ | $500 | 2023 |
| Mass General Celiac ResearchCHILDRENS HEALTHCARE | Boston, MA | $5K | 2022 |
| Mobile Loaves And FishesHOMELESS MEALS | Austin, TX | $5K | 2022 |
| Tunnel To TowersVETERAN ASSISTANCE | Staten Island, NY | $5K | 2022 |
| Global Empowerment MissionHUMANITARIAN AID | Miami, FL | $3K | 2022 |
| University Of TexasHIGHER ED | Austin, TX | $3K | 2022 |
| The Trail ConservancyCONSERVANCY | Austin, TX | $3K | 2022 |
| Mobile Loaves FishesHOMELESS AND UNDERPRIVILEDGED MEALS | Austin, TX | $5K | 2021 |
| The Trail FoundationPARKS AND RECREATION | Austin, TX | $3K | 2021 |
| Mass General Center For CeliacSUPPORT DISEASE RESEARCH | Boston, MA | $5K | 2020 |
| St Judes Childrens HospitalSUPPORT DISEASE RESEARCH | Memphis, TN | $5K | 2020 |
| Global Empowerment Mission BstrongDISASTER RELIEF | Miami, FL | $3K | 2020 |
| University Of Texas Mccombs SchoolSUPPORT EDUCATION PROGRAMS | Austin, TX | $3K | 2020 |
| The Leukemia And Lymphoma SocietySUPPORT RESEARCH FOR DISEASE CURE | New York, NY | $3K | 2020 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ