Kent & Laurie Parker Family Foundation Inc
- Assets
- $417.5k
- Revenue
- $40.9k
- Investments
- $363.0k
- Employees
- 0
- Location
- New Harmony, IN
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 46-1568266
Organization Overview
Kent & Laurie Parker Family Foundation Inc is located in New Harmony, IN. The organization was established in 2013. 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. Kent & Laurie Parker Family Foundation Inc 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, Kent & Laurie Parker Family Foundation Inc generated $40.9k 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 (5.6%) each year. All expenses for the organization totaled $64.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kent & Laurie Parker Family Foundation Inc has awarded 59 individual grants totaling $236,250. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent L Parker President | 0.5 | $0 | |
Laurie A Parker Secretary | 0.25 | $0 | |
Benjamin A Parker Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,931 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,987 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,396 |
| Contributions, gifts, grants paid | $62,000 |
| Total expenses and disbursements | $64,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,474 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $417,458 |
| 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, Kent & Laurie Parker Family Foundation Inc has awarded $62,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF HARMONIE STATE PARK PURPOSE: CHARITY | $100 |
ALLIANCE COMMUNITY FOUNDATION PURPOSE: CHARITY | $25,000 |
HOOSIER SALON GALLERY PURPOSE: CHARITY | $1,500 |
IPAPA ART AWARD PURPOSE: CHARITY | $1,000 |
NEW HARMONY BUSINESS ASSOC ED FUND PURPOSE: CHARITY | $400 |
NEW HARMONY FOOD PANTRY PURPOSE: CHARITY | $1,000 |