//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
W Parsons Todd Foundation Inc. is a private corporation based in EWING, NJ. The foundation received its IRS ruling in 1959. The principal officer is Douglas A Propp. It holds total assets of $3.9M. Annual income is reported at $959K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New Jersey. According to available records, W Parsons Todd Foundation Inc. has made 13 grants totaling $945K, with a median grant of $3K. The foundation has distributed between $219K and $257K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $257K distributed across 2 grants. Individual grants have ranged from $500 to $254K, with an average award of $73K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$55K
Largest Grant
$214K
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.
W Parsons Todd Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NJ.
W Parsons Todd Foundation Inc. has distributed a total of $945K across 13 grants. The median grant size is $3K, with an average of $73K. Individual grants have ranged from $500 to $254K.
W Parsons Todd Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
W Parsons Todd Foundation Inc. is headquartered in EWING, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas A Propp | TRUSTEE | $0 | $0 | N/A |
| Rodney M Propp | TRUSTEE | $0 | $0 | N/A |
| Melvin S Heller | TRUSTEE | $0 | $0 | N/A |
Total Giving
$278K
Total Assets
$3.8M
Fair Market Value
$4.9M
Net Worth
$3.8M
Grants Paid
$237K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$218K
Total: $3.3M
Total Grants
13
Total Giving
$945K
Average Grant
$73K
Median Grant
$3K
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Macculloch Hall Historical MuseumFOR OPERATING EXPENSES OF THE RECIPENT CHARITY | Morristown, NJ | $233K | 2023 |
| Church Of The RedeemerFOR OPERATING EXPENSES OF THE RECIPENT CHARITY | Morristown, NJ | $3K | 2023 |
| Friend Of Historic SpeedwellFOR OPERATING EXPENSES OF THE RECIPENT CHARITY | Morristown, NJ | $500 | 2023 |
| American Red CrossFOR OPERATING EXPENSES OF THE RECIPENT CHARITY | Morristown, NJ | $500 | 2021 |