Robert A Parman Foundation
- Assets
- $3.3m
- Revenue
- $287.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 04/1964
- Data as of
- 08/2022
- EIN
- 73-6098053
Organization Overview
Robert A Parman Foundation is located in Oklahoma City, OK. 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. Robert A Parman 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 08/2022, Robert A Parman Foundation generated $287.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $314.2k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert A Parman Foundation has awarded 43 individual grants totaling $620,600. 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 |
|---|---|---|---|
Scott Smith Trustee | 1.5 | $20,000 | |
Richard Metheny Trustee | 1.5 | $20,000 | |
Jerry M Thomason Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,048 |
| Dividends & Interest | $58,777 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $215,382 |
| Capital Gain Net Income | $215,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $287,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,306 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $103,188 |
| Contributions, gifts, grants paid | $211,000 |
| Total expenses and disbursements | $314,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,236 |
| Savings and temporary cash investments | $382,673 |
| 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 | $1,160,563 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,300,317 |
| 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, Robert A Parman Foundation has awarded $211,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Stillwater, OK PURPOSE: SCHOLARSHIPS TO STUDENTS IN NEED WHO ARE RESIDENTS OF THE STATE OF OKLAHOMA | $50,000 |
Edmond, OK PURPOSE: SCHOLARSHIPS TO STUDENTS IN NEED AND WHO ARE RESIDENTS OF THE STATE OF OKLAHOMA | $30,000 |
Oklahoma City, OK PURPOSE: SCHOLARSHIPS TO STUDENTS IN NEED AND WHO ARE RESIDENTS OF THE STATE OF OKLAHOMA | $25,000 |
Oklahoma City, OK PURPOSE: ASSISTANCE OR CARE OF PERSONS IN NEED AND WHO ARE RESIDENTS OF THE STATE OF OKLAHOMA | $20,000 |
Moore, OK PURPOSE: FUNDING TO ASSIST ADULTS WITH DEVELPMENTAL DISABILITIES IN THE STATE OF OKLAHOMA | $15,000 |
Oklahoma City, OK PURPOSE: ASSISTANCE OR CARE OF PERSONS IN NEED AND WHO ARE RESIDENTS OF THE STATE OF OKLAHOMA | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |