Ralph M Parsons Foundation | Granted Foundation Directory | Granted AI
LOS ANGELES, CA
Ralph M Parsons Foundation Quick Facts
EIN 956085895
Location LOS ANGELES, CA
Phone (213) 362-7600
Category General
Total Assets $452.4M
Annual Income $80.7M
IRS Ruling Year 1963
Organization Type Non-Operating Foundation
Tax Deductibility Contributions are deductible About This Foundation Ralph M Parsons Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1963. It holds total assets of $452.4M. Annual income is reported at $80.7M. According to available records, Ralph M Parsons Foundation has made 998 grants totaling $63M, with a median grant of $50K. The foundation has distributed between $20.5M and $21.7M annually from 2020 to 2022. Individual grants have ranged from $100 to $2M, with an average award of $63K. The foundation has supported 646 unique organizations. The foundation primarily supports organizations in California, Massachusetts, District of Columbia, which account for 97% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Frequently Asked Questions What does Ralph M Parsons Foundation fund? Ralph M Parsons Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 998 grants. Its grantmaking reaches organizations primarily in CA, MA, DC.
How much does Ralph M Parsons Foundation give in grants? Ralph M Parsons Foundation has distributed a total of $63M across 998 grants. The median grant size is $50K, with an average of $63K. Individual grants have ranged from $100 to $2M.
How do I apply for a grant from Ralph M Parsons Foundation? Ralph M Parsons Foundation provides grant application information on their website. Visit their grants page for current funding opportunities and application guidelines.
Where is Ralph M Parsons Foundation located? Ralph M Parsons Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 13 states.
Key People & Compensation (2023) Name Title Compensation Benefits Total Wendy Garen PRESIDENT & CEO (RETIRED) $1.1M $65K $1.1M Jennifer Price-Letscher PRESIDENT & CEO $367K $142K $527K E Thomas Brewer VP, FINANCE & ADMINISTRATION $324K $123K $460K Nicole Larsen DIRECTOR, GRANTS ADMINISTRATION $204K $67K $290K Melanie Fujii GRANTS MANAGER $121K $42K $177K
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Giving
$33.1M
2023 -6%
Total Assets
$438.7M
2023 +6%
Fair Market Value
$438.7M
2023
Net Investment Income
$36.7M
2023
Distribution Amount
$21.1M
2023
Investment Portfolio (2023) Total: $62M
Corporate Stock (4%)
Government Obligations (10%)
Other Investments (85%)
Revenue Sources (2023)
Capital Gains (Net) $17M
Dividends $7.6M
Interest $369K Financial Details (2023)
Total Revenue $25M
Total Expenses $33.1M
Exempt Purpose Expenses $24.9M
Required Distribution $21.1M
Undistributed Income $0
Grants Approved (Future) $2.9M
Total Liabilities $9.8M
Excise Tax $510K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2022)
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
CA $59.5M (949)
MA $1.5M (8)
DC $1.2M (13)
NY $318K (10)
VA $120K (9)
MD $75K (1)
Past Grantees Recipient Location Amount Year California Science Center FoundationOVER TWO YEARS TO SUPPORT PHASE III OF THE CENTER'S MASTER PLAN, THE LARGEST COMPONENT OF WHICH IS THE SAMUEL OSCHIN AIR AND SPACE CENTER Los Angeles, CA $1.5M 2022 Los Angeles County Museum Of Natural History FoundationOVER THREE YEARS FOR CAPITAL SUPPORT TO CONSTRUCT THE NHM COMMONS Los Angeles, CA $1M 2022 The Bridgespan Group IncOVER TWO YEARS TO SUPPORT LEADERSHIP DEVELOPMENT FOR EXECUTIVE TEAMS IN LOS ANGELES COUNTY Boston, MA $500K 2022 Muse-IqueOVER TWO YEARS FOR GENERAL SUPPORT OF EXPANSION OF MUSICAL EVENTS AND COMMUNITY ENGAGEMENT PROGRAMS Pasadena, CA $400K 2022 California Community Foundation
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Gayle E Wilson DIRECTOR $38K $0 $38K
Steven A Nissen DIRECTOR $38K $0 $38K
Karen Hill Scott DIRECTOR $35K $0 $35K
Peter J Taylor DIRECTOR $19K $0 $19K
Manuel A Abascal DIRECTOR $0 $0 $0
John Emerson DIRECTOR $0 $0 $0
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