Arthur L Parker Foundation
- Assets
- $498.7k
- Revenue
- $49.8k
- Investments
- $498.7k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 09/1964
- Data as of
- 12/2023
- EIN
- 34-0690528
Organization Overview
Arthur L Parker Foundation is located in Brooklyn, OH. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Arthur L Parker 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, Arthur L Parker Foundation generated $49.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $56.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Arthur L Parker Foundation has awarded 42 individual grants totaling $160,691. 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 |
|---|---|---|---|
Madeleine H Parker Trustee And President | 1 | $0 | |
Joyce A Evans Trustee And Vice President | 1 | $0 | |
Ralph P Higgins Jr Trustee, Secretary & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,702 |
| Capital Gain Net Income | $23,702 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,788 |
| Total Revenue | $49,756 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $187 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $25,654 |
| Contributions, gifts, grants paid | $30,816 |
| Total expenses and disbursements | $56,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $498,724 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $498,724 |
| 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, Arthur L Parker Foundation has awarded $30,816 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THERAPY AND WELLNESS INC PURPOSE: GENERAL OPERATING | $2,563 |
GREATER CLEVELAND FOOD BANK PURPOSE: HEALTH AND SOCIAL WELFARE - | $2,563 |
THE CLEVELAND INSTITUTE OF ART PURPOSE: ARTS - UNRESTRICTED | $10,250 |
KENSTON K CLUB INC PURPOSE: GENERAL OPERATING | $2,625 |
AKRON-CANTON REGIONAL FOOD BANK PURPOSE: HEALTH AND SOCIAL WELFARE- | $2,563 |
SECOND HARVEST FOODBANK OF THE PURPOSE: HEALTH AND SOCIAL WELFARE - | $2,563 |