Jeanalee And Charles Parsons Foundation
- Assets
- $12.2m
- Revenue
- $693.1k
- Investments
- $11.8m
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 05/2008
- Data as of
- 12/2023
- EIN
- 26-6161910
Organization Overview
Jeanalee And Charles Parsons Foundation is located in Bartlesville, OK. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jeanalee And Charles Parsons Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Jeanalee And Charles Parsons Foundation generated $693.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $869.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jeanalee And Charles Parsons Foundation has awarded 102 individual grants totaling $3,484,373. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey L Little Chairman | 3 | $15,266 | |
Bruce W Robinett Trustee | 0 | $0 | |
Tatton Manning Trustee | 0 | $0 | |
Jess Kane Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $314,411 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $378,675 |
| Capital Gain Net Income | $378,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $693,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,266 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,539 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47 |
| Total operating and administrative expenses | $133,148 |
| Contributions, gifts, grants paid | $736,046 |
| Total expenses and disbursements | $869,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,776 |
| Savings and temporary cash investments | $319,094 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,554,335 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,202,578 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jeanalee And Charles Parsons Foundation has awarded $1,556,046 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BARTLESVILLE COMMUNITY CENTER PURPOSE: UNITY SQUARE SHADE STRUCTURE, BACKSTAGE PARKING LOT CONCRETE | $25,000 |
BARTLESVILLE EDUCATION PROMISE PURPOSE: OPERATIONS | $15,000 |
BOYS AND GIRLS CLUB OF BARTLESVILLE PURPOSE: DEWEY FACILITY | $75,000 |
CITY OF BARTLESVILLE PURPOSE: DISCRETIONARY | $2,500 |
DAUGHTERS OF THE AMERICAN REVOLUTION PURPOSE: RESTORE BARTLES MAUSOLEUM | $3,500 |
WASHINGTON COUNTY ELDER CARE PURPOSE: AUDIO VISUAL EQUIPMENT | $28,600 |