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Parks Foundation is a private corporation based in ANCHORAGE, AK. The foundation received its IRS ruling in 2004. The principal officer is Gary L Parks. It holds total assets of $4.3M. Annual income is reported at $2.2M. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Oregon and Alaska. According to available records, Parks Foundation has made 4 grants totaling $150K, with a median grant of $45K. Individual grants have ranged from $10K to $50K, with an average award of $38K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Oregon and Alaska. Contributions to this foundation are tax-deductible.
Parks Foundation (EIN 20-0423443, Anchorage, AK) is a closely held family private foundation, not a public grantmaking institution soliciting applications. The database record flags it "preselected_only," with no application process, no application form, no deadline, and application instructions that are literally blank. Every officer across the filing years is a member of one family — Nancy Parks Sopp, Raymond C Parks, and, until his October 2023 death, founder Loren E Parks — each serving uncompensated. This is a zero-staff, family-governed vehicle with no program officers to pitch.
Loren Parks was an Oregon medical-device entrepreneur best known publicly as one of the state's largest individual political donors before he stepped back from politics; he died at 97, and his estate subsequently became the subject of litigation among his three children (Gary Parks, Raymond Parks, and Nancy Sopp). That transition appears directly tied to a roughly $2.07 million capital contribution the foundation booked in its most recent filing year, nearly doubling its asset base to $4.34 million.
The grantee list — both the older batch (Salvation Army, Sunshine Division, Meals On Wheels, and an Alaska Health Project program in South Sudan, totaling $150,000) and the most recently recorded batch (Vancouver Symphony Orchestra $30,000, Habitat for Humanity Anchorage $10,000, Alaska Airmens Association $10,000) — shows relationship-driven giving to established, name-recognized organizations in two specific geographies: the Portland/Aloha, Oregon area where Loren Parks lived and worked, and Anchorage, Alaska, where the foundation is chartered (PO Box 110823). There is no competitive RFP, no online portal, and no published guidance beyond what can be inferred from prior IRS filings.
For grantseekers, the only realistic path in is a warm introduction: through a current or former grantee, a shared civic or business connection in Portland/Aloha, OR or Anchorage, AK, or a direct mailed letter to the family. Do not expect an LOI-to-full-proposal pipeline or a site visit — every recorded grant arrives as a single lump-sum "General Support" award with no documented multi-year engagement. Treat this as a long-horizon cultivation prospect, not an open annual competition.
Grants paid held in a remarkably tight band for five straight years: $165,000 (2018), $160,000 (2019), $160,000 (2020), $150,000 (2021), and $160,000 (2022) — roughly $150K-$165K annually. Over that same window, assets steadily declined from $3.19 million (2018) to $2.59 million (2022), since annual investment income of only $6,000-$32,000 could not cover payout — a classic slow spend-down pattern for a small legacy family foundation.
That pattern broke recently: the most recent full-year filing shows total revenue jumping to $2,164,467, versus $6K-$31K in every prior year on record, and total assets rising to $4,341,810 — a roughly $1.75 million increase. CauseIQ corroborates this with $2,068,576 in contributions received from a related entity, Parks Education Foundation, in the same period — almost certainly tied to founder Loren Parks's October 2023 death and the resulting restructuring of the family's philanthropic vehicles.
Despite that capital infusion, payout has not yet scaled up to match: CauseIQ's most recently recorded grant list totals just $50,000 across three grants (Vancouver Symphony Orchestra $30,000; Habitat for Humanity Anchorage $10,000; Alaska Airmens Association $10,000) — an average of $16,667, well below the $37,500 average of the last full historical batch (median $45,000, range $10,000-$50,000, per the four-grant, $150,000 batch of Alaska Health Project's South Sudan program, Salvation Army, Sunshine Division, and Meals On Wheels). A private foundation of this new $4.34 million asset size faces a roughly $217,000 federal minimum-distribution requirement (5% of assets) going forward, so a step-up in grant volume or size is plausible in the next filing cycle even though it hasn't shown up yet.
Geographically, every recorded grant lands in Alaska or Oregon — matching the database's explicit geographic_focus tags (OR, AK) and the by-state grantee breakdown (OR: 3, AK: 1 in the older batch). Programmatically, 100% of listed grants carry the purpose tag "General Support" — no restricted program grants, capital campaigns, or multi-year pledges appear anywhere in the record. This is unrestricted operating support to established, trusted nonprofits, not funding for pilots, research, or capital projects.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Parks Foundation (this funder) | $4,341,810 | ~$50,000-$165,000/yr (historically variable) | General Support — human services, arts, civic (OR/AK) | Invitation-only, no public process |
| Phyllis L Schoener Foundation (TX) | $4,341,974 | Not disclosed | Not disclosed | Not disclosed |
| Carl and Carol Acebes Family Foundation (RI) | $4,342,013 | Not disclosed | Not disclosed | Not disclosed |
| John Borota Foundation Inc. (FL) | $4,340,944 | Not disclosed | Not disclosed | Not disclosed |
| Ephraim Family Foundation (IL) | $4,340,709 | Not disclosed | Not disclosed | Has a public website (ephraim.org) |
| Jack and Carolyn Ferguson Charitable Foundation (NC) | $4,342,979 | Not disclosed | Not disclosed | Not disclosed |
This peer set is asset-matched rather than mission-matched: all five peers sit within roughly $2,000 of Parks Foundation's $4,341,810 in assets and share its NTEE classification of Philanthropy & Grantmaking — meaning all six are small, closely held private foundations rather than public charities. None but Ephraim Family Foundation has a discoverable public website, and no peer publishes annual-giving or application-process data in the available record, which is itself consistent with Parks Foundation's own profile: small family foundations at this asset scale (~$4.3M) overwhelmingly operate without staff, without public portals, and without disclosed application procedures, giving on a relationship/invitation basis instead. Grantseekers should expect the same closed-door dynamic across this entire peer cohort, not just at Parks Foundation.
No 2025 or 2026 news coverage specific to Parks Foundation's grantmaking was found in web search — this is a low-profile, zero-staff family foundation with no press office and no active social media presence. The most consequential recent activity on record predates the requested window but directly shapes the foundation's current capacity: founder Loren Parks died on October 19, 2023, at age 97 (Willamette Week, Bend Bulletin), and his three children — Gary Parks, Raymond Parks, and Nancy Sopp — subsequently entered a dispute over his estate (Willamette Week, November 1, 2023). That restructuring lines up with the roughly $2,068,576 in contributions the foundation received from the related Parks Education Foundation in its most recent full filing year, which pushed total assets from $2.59 million (2022) to $4.34 million.
Leadership has quietly transitioned along family lines: Nancy Parks Sopp now serves as President and Raymond C Parks as Treasurer/Director, continuing without Loren E Parks, who held the President role until his death. No new program announcements, staff hires, or website relaunches were found — the foundation's only public web presence associated with it in some databases (parksfoundation.org) actually belongs to an unrelated animal-welfare funder, underscoring how little independent web footprint this Parks Foundation maintains. Its most recently recorded grants (Vancouver Symphony Orchestra $30,000; Habitat for Humanity Anchorage $10,000; Alaska Airmens Association $10,000, per CauseIQ) show continuity with its long-standing Oregon/Alaska giving pattern rather than any new strategic direction.
There is no cold-application path here — do not submit an LOI or proposal through a portal, because none exists; the database's own application_instructions field is blank and no application_form_url is on file. Treat every outreach as prospecting for a warm introduction rather than a competitive submission.
The strongest entry points are the two geographies tied to the family: Portland/Aloha, Oregon (where founder Loren Parks built his medical-device businesses and later gave to direct-service charities like the Salvation Army) and Anchorage, Alaska (the foundation's registered mailing address and home to recent grantees Habitat for Humanity Anchorage and Alaska Airmens Association). A board member, donor, or staff connection in either community is worth far more than a polished cold pitch.
Because every recorded grant carries the purpose "General Support," lead with your organization's brand recognition, financial stability, and track record rather than a novel program design — this funder has consistently backed household-name, trusted nonprofits (Salvation Army, Habitat for Humanity, Meals On Wheels) doing core mission work, not pilots or research. Right-size any ask to the $10,000-$50,000 range per organization; nothing in the record suggests larger single grants or multi-year pledges.
Given the roughly $2.07 million capital contribution the foundation booked recently (likely tied to the 2023 death of founder Loren Parks and the subsequent estate settlement), this may be a genuine window of transition in giving capacity — but also a period when the family may be more, not less, protective of unsolicited outreach. A concise, mailed letter (not email — no email address is on file) addressed to President Nancy Parks Sopp or Treasurer Raymond C Parks, care of PO Box 110823, Anchorage, AK 99511, is the most realistic channel given the foundation's zero-staff structure.
One critical caution: do not confuse this foundation with the similarly named William and Charlotte Parks Foundation at parksfoundation.org, an unrelated animal-welfare funder with its own April-May LOI window. Verify EIN 20-0423443 and the Anchorage, AK address before sending anything, and expect long or no response times given this funder has no paid staff to process inquiries.
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Smallest Grant
$10K
Median Grant
$45K
Average Grant
$38K
Largest Grant
$50K
Based on 4 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.
Grants paid held in a remarkably tight band for five straight years: $165,000 (2018), $160,000 (2019), $160,000 (2020), $150,000 (2021), and $160,000 (2022) — roughly $150K-$165K annually. Over that same window, assets steadily declined from $3.19 million (2018) to $2.59 million (2022), since annual investment income of only $6,000-$32,000 could not cover payout — a classic slow spend-down pattern for a small legacy family foundation. That pattern broke recently: the most recent full-year filing.
Parks Foundation has distributed a total of $150K across 4 grants. The median grant size is $45K, with an average of $38K. Individual grants have ranged from $10K to $50K.
Parks Foundation (EIN 20-0423443, Anchorage, AK) is a closely held family private foundation, not a public grantmaking institution soliciting applications. The database record flags it "preselected_only," with no application process, no application form, no deadline, and application instructions that are literally blank. Every officer across the filing years is a member of one family — Nancy Parks Sopp, Raymond C Parks, and, until his October 2023 death, founder Loren E Parks — each serving unco.
Parks Foundation is headquartered in ANCHORAGE, AK. While based in AK, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Parks Sopp | President | $0 | $0 | N/A |
| Raymond C Parks | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.3M
Fair Market Value
N/A
Net Worth
$4.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$150K
Average Grant
$38K
Median Grant
$45K
Unique Recipients
4
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGeneral Support | Happy Valley, OR | $50K | 2022 |
| Alaska Health Project South SudanGeneral Support | Anchorage, AK | $50K | 2022 |
| Sunshine DivisionGeneral Support | Portland, OR | $40K | 2022 |
| Meals On WheelsGeneral Support | Portland, OR | $10K | 2022 |