Bob And Renee Parsons Foundation
- Assets
- $22.8m
- Revenue
- $26.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 12/2011
- Data as of
- 12/2023
- EIN
- 45-2713666
Organization Overview
Bob And Renee Parsons Foundation is located in Scottsdale, AZ. The organization was established in 2011. 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. Bob And Renee 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, Bob And Renee Parsons Foundation generated $26.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $26.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bob And Renee Parsons Foundation has awarded 548 individual grants totaling $374,667,417. 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 |
|---|---|---|---|
Robert Parsons President | 5 | $0 | |
Renee Labelle Parsons Vice President | 5 | $0 | |
Anne O'moore Treasurer | 2 | $0 | |
Laura Mitchell Exec Director | 40 | $0 | |
Marianne Curran-Guenther Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,631,636 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,631,636 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,250 |
| Printing and publications | $0 |
| Other expenses | $39,415 |
| Total operating and administrative expenses | $121,306 |
| Contributions, gifts, grants paid | $26,567,207 |
| Total expenses and disbursements | $26,688,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,334 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $22,822,396 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,823,730 |
| Accounts payable and accrued expenses | $1,266 |
| Grants payable | $22,822,396 |
| 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 | $22,823,662 |
Grants Awarded
Over the last fiscal year, Bob And Renee Parsons Foundation has awarded $45,727,529 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE OF AZ NONPROFITS PURPOSE: ANNUAL DONATION | $8,207 |
BARROW NEUROLOGICAL FOUNDATION PURPOSE: CREATION OF A PARKINSON'S CAREGIVERS PROGRAM WITHIN THE LONNIE AND MUHAMMAD ALI LEGACY CARE | $500,000 |
MAKE-A-WISH FOUNDATION OF ARIZONA PURPOSE: TO ENRICH THE LIVES OF CHILDREN WITH LIFE-THREATENING MEDICAL CONDITIONS THROUGH WISH-GRANTING WORK. | $507,000 |
BOYS GIRLS CLUB OF THE VALLEY PURPOSE: RENEE PARSONS GIRLS LEADERSHIP AWARD; RENEE PARSONS GIRLS EXCELLENCE AWARD SCHOLARSHIP | $50,000 |
HUALALAI O'HANA FOUNDATION PURPOSE: HUALALAI JUBILEE EVENT SPONSORSHIP AND THE 100 HOLES OF GOLF FUNDRAISER EVENT SUPPORT | $200,000 |
UNIVERSITY OF BALTIMORE FOUNDATION PURPOSE: THE BOB PARSONS SCHOLARSHIP FUND | $486,015 |