Parker Family Foundation
- Assets
- $996.1k
- Revenue
- $599.6k
- Investments
- $989.8k
- Employees
- 0
- Location
- Bloomfield, MI
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4713888
Organization Overview
Parker Family Foundation is located in Bloomfield, MI. The organization was established in 2017. 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. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $600,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$442 |
| Capital Gain Net Income | $5,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $599,558 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $20,500 |
| Total expenses and disbursements | $20,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,253 |
| 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 | $989,803 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $996,056 |
| 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, Parker Family Foundation has awarded $20,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SANCTUM HOUSE INC PURPOSE: SANCTUM HOUSE IS A SAFE HOUSE FOR VICTIMS OF HUMAN TRAFFICKING. THIS DONATION WILL BE USED TO HELP THESE VICTIMS AND PROVIDE RESOURCES IN THE HEALING PROCESS. | $5,000 |
KIMBERLY KANE PURPOSE: KIMBERLY IS THE SISTER-IN-LAW TO LATOYA PUGH, WHOM THESE FUNDS ARE BEING USED TO SUPPORT. LATOYA HAS THREE TEENAGE CHILDREN AND SUFFERED A STROKE 2/19 IN HER HOME. SHE WAS IN THE HOSPITAL FOR AN EXTENDED PERIOD OF TIME, IS PARALYZED ON THE LEFT SIDE OF HER BODY AND HER SPEECH HAS SUFFERED. HER SISTER-IN-LAW AND HER MOTHER HAVE BEEN HELPING TREMENDOUSLY WITH THE CHILDREN BY TRANSPORTING TO THEIR JOBS, GROCERY RUNS ETC. THERE IS ONE FAMILY CAR THAT WAS NOT INSURED AND MEDICAL SUPPLIES THAT NEEDED TO BE PURCHASED PRIOR TO LATOYA?S DISCHARGE. THESE FUNDS WILL BE USED TO HELP WITH THESE EXPENSES. | $4,000 |
STELLA ISSAC PURPOSE: STELLA ISSAC IS A HARD-WORKING WIFE AND MOTHER OF TWO. HER HUSBAND AND TWO CHILDREN WERE INVOLVED IN AN AIRPLANE CRASH AFTER GOING FOR A SHORT FLIGHT WITH A FRIEND. HER HUSBAND WAS KILLED AND HER CHILDREN WERE VERY BADLY INJURED. HER HUSBAND WAS THE PRIMARY PROVIDER FOR THE FAMILY. THESE FUNDS WILL BE USED FOR MEDICAL BILLS AND UPCOMING EXPENSES. | $4,000 |
MARIBELLE MARTINEZ PURPOSE: MARIBELLE?S SISTER WAS MURDERED BY HER HUSBAND. THE GRANDFATHER TOOK IN HER 3 CHILDREN AFTER THIS TRAGEDY, BUT HE THEN PASSED AWAY FROM COVID. THE THREE CHILDREN WERE TAKEN IN BY THEIR AUNT, MARIBELLE. THESE FUNDS WILL BE USED TO HELP SUPPORT THESE CHILDREN IN THIS TRAGIC TIME OF NEED. | $3,000 |
KELLY STANGE PURPOSE: KELLY IS A SINGLE MOM OF TWO BOYS WHO WAS HIT IN THE HEAD WITH A 100 LBS RETRACTABLE LIGHT WHILE WORKING TO MAKE ENDS MEET. SHE NOW SUFFERS FROM POST CONCUSSION SYNDROME AND NERVE DAMAGE TO HER EYE, LEAVING HER UNABLE TO WORK. SHE HAD BEEN LIVING IN A HOTEL FOR ABOUT A YEAR AND A HALF AND STRUGGLING TO MAKE ENDS MEET. THESE FUNDS WILL BE USED TO HELP OUT A MOTHER IN NEED OF PROVIDING FOR HER CHILDREN. | $3,000 |
SEQUENCE PATRICK PURPOSE: SEQUENCE IS THE MOTHER TO SIX BIOLOGICAL CHILDREN AND THE LEGAL GUARDIAN FOR HER TWO YOUNG SISTERS. DUE TO THE PANDEMIC, SEQUENCE IS OUT OF WORK AND HAVING A DIFFICULT TIME BEING ABLE TO PROVIDE FOR HER BIG FAMILY. THIS DONATION WILL BE USED FOR HER MANY EXPENSES INCLUDING UTILITIES AND CAR REPAIRS. | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Manoogian Simone Foundation Dearborn, MI | $47,087,292 | $4,923,874 |
Consumers Energy Foundation Jackson, MI | $77,869,075 | $10,169,744 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Marge & Charles J Schott Foundation Cincinnati, OH | $96,968,868 | $11,169,832 |