Jenks C & Alice Parker Family Foundation
- Assets
- $2.2m
- Revenue
- $162.3k
- Investments
- $2.0m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 08/1997
- Data as of
- 12/2021
- EIN
- 72-1358823
Organization Overview
Jenks C & Alice Parker Family Foundation is located in Birmingham, AL. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jenks C & Alice Parker Family 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, Jenks C & Alice Parker Family Foundation generated $162.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $117.5k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 4 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 2020, Jenks C & Alice Parker Family Foundation has awarded 12 individual grants totaling $188,809. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenks C Parker Director | 5 | $0 | |
Harriet M Parker Director | 2 | $0 | |
Quincy M Simon Director | 1 | $0 | |
Michael R Parker Director | 1 | $0 | |
Lynn W Jinks III Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $100,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,373 |
| Capital Gain Net Income | $61,373 |
| Net ST Capital Gain | $11,113 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $162,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $364 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,472 |
| Contributions, gifts, grants paid | $108,047 |
| Total expenses and disbursements | $117,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $152,116 |
| 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 | $473,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,181,032 |
| 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, Jenks C & Alice Parker Family Foundation has awarded $108,047 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHMENT PURPOSE: STUDENTS'EDUCATIONAL NEEDS | $58,907 |
Kansas City, MO PURPOSE: GENERAL OPERATING SUPPORT | $19,815 |
Hixson, TN PURPOSE: SCHOLARSHIP ASSISTANCE | $12,000 |
ST PETER'S EPISCOPAL SCHOOL PURPOSE: SCHOLARSHIP ASSISTANCE | $9,945 |
Union Springs, AL PURPOSE: STUDENT SCHOLARSHIP FUNDS | $6,380 |
BIBLE IN THE SCHOOLS PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Special Operations Warrior Foundation Tampa, FL | $175,400,415 | $16,396,122 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |