Fraser-Parker Foundation
- Assets
- $226.4m
- Revenue
- $14.1m
- Investments
- $181.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 58-6212344
Organization Overview
Fraser-Parker Foundation is located in Atlanta, GA. The organization was established in 1988. 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. Fraser-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 12/2021, Fraser-Parker Foundation generated $14.1m in total revenue. All expenses for the organization totaled $9.5m during the year ending 12/2021. While expenses have increased by 49.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fraser-Parker Foundation has awarded 183 individual grants totaling $18,220,491. 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 |
|---|---|---|---|
Elizabeth H Verner Executive Director | 25 | $153,833 | |
Isobel P Mills Trustee / Vice-Chair | 1 | $5,480 | |
T Bradbury Courts Trustee | 1 | $5,480 | |
Richard C Parker Trustee / Chair | 1 | $5,480 | |
Margaret P Denny Trustee | 1 | $5,480 | |
Clayton F Jackson Trustee | 1 | $5,180 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bespoke Private Strategies Lp | 12/30/21 | $71,363 |
Rockefeller Capital Management | 12/30/21 | $800,819 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,192,403 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,391,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,515,501 |
| Capital Gain Net Income | $7,944,656 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,099,479 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $180,933 |
| Other employee salaries and wages | $77,489 |
| Pension plans, employee benefits | $65,190 |
| Interest | $0 |
| Taxes | $590,894 |
| Depreciation | $0 |
| Occupancy | $32,804 |
| Travel, conferences, and meetings | $355 |
| Printing and publications | $0 |
| Other expenses | $34,621 |
| Total operating and administrative expenses | $1,889,337 |
| Contributions, gifts, grants paid | $7,601,792 |
| Total expenses and disbursements | $9,491,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $16,885,617 |
| 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 | $12,055,823 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $28,494,682 |
| Total assets | $226,420,772 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $840,764 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $696,383 |
| Total liabilities | $1,537,147 |
Grants Awarded
Over the last fiscal year, Fraser-Parker Foundation has awarded $7,601,792 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION FOR GREATER ATLANTA (THE) PARKER BENEVOLENT FUND PURPOSE: PARKER BENEVOLENT FUND | $1,500,000 |
AG RHODES HOME INC PURPOSE: CAPITAL CAMPAIGN | $500,000 |
SHEPHERD CENTER FOUNDATION PURPOSE: TOWARD $286 MILLION CAMPAIGN TO CONSTRUCT NEW | $500,000 |
COMMUNITY FOUNDATION FOR GREATER ATLANTA (THE) PARKER FAMILY CHARITABLE FOU PURPOSE: THE PARKER FAMILY CHARITABLE FUND | $450,000 |
PURPOSE BUILT SCHOOLS ATLANTA PURPOSE: TOWARD YEARS 1-3 OF THE 5-YEAR STUDENT & FAMILY | $300,000 |
FIRST PRESBYTERIAN CHURCH PURPOSE: TOWARD $7.7 MILLION CAMPAIGN TO RENOVATE HAL | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |