Parker Family Foundation

Analysis

Parker Family Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parker Family Foundation reported income of $6.0m and spending of $1.5m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.0m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 481%. Over the whole period it spent 34% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Parker Family Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Garden of Dreams Foundation ($6.0m), Northern Westchester Hospital Center Foundation Inc ($6.0m) and Jewish Federation of Orange County ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $49.6m against liabilities of $759k, net assets of $48.9m.