Parker Family Foundation
- Assets
- $1.0m
- Revenue
- $109.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- Bloomfield, MI
- Founding
- 05/2017
- Data as of
- 12/2023
- 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.
Since 2019, Parker Family Foundation has awarded 30 individual grants totaling $106,789. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,764 |
| Capital Gain Net Income | $9,764 |
| Net ST Capital Gain | $9,764 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $109,764 |
| 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 | $43 |
| Total operating and administrative expenses | $43 |
| Contributions, gifts, grants paid | $45,276 |
| Total expenses and disbursements | $45,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,468 |
| 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 | $1,016,107 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $1,022,576 |
| 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 $45,276 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DENISE FLORES PURPOSE: DENISE IS A SINGLE MOTHER OF FOUR CHILDREN WHO HAS ARTHRITIS AND VON WILLEBRAND TYPE 3. SHE HAS A SPECIAL NEEDS SON AND FOUND HERSELF HOMELESS WHEN SHE WAS KICKED OUT BY A VIOLENT PARTNER OFTEN UNDER THE INFLUENCE. THESE FUNDS WILL GO TOWARDS FINDING A STABLE, SAFE PLACE FOR HER AND HER CHILDREN. | $3,000 |
CHRISTINA KANE PURPOSE: CHRISTINA IS A MOTHER OF TWO WHO HAS HAD ONGOING HEALTH ISSUES AND A NEED TO MISS WORK DUE TO DOCTOR?S VISITS AND PROCEDURES. THESE FUNDS WERE USED TO ASSIST CHRISTINA IN GETTING INTO A MORE AFFORDABLE HOUSING SITUATION INITIALLY AND HALF OF HER MONTHLY RENT FOR SEVERAL MONTHS. | $3,611 |
NICHOLE GOMEZ PURPOSE: NICHOLE AND HER HUSBAND RECENTLY SEPARATED AND HER SON HAS BEEN ILL. HER SON HAS UNDERGONE ONE BONE MARROW SURGERY AS WELL AS TWO ROUNDS OF CHEMOTHERAPY AND CURRENTLY UNDERGOING FURTHER TESTING FOR A RARE GENETIC DISORDER. SHE HAS HAD TO TAKE TIME OFF OF WORK TO MAKE SURE THAT HER SON GETS TO HIS APPOINTMENTS. SHE IS USING WHAT MONEY SHE HAD SET ASIDE FOR CHRISTMAS GIFTS ON UPCOMING RENT AND DEALING WITH THEIR CAR RECENTLY BEING REPOSSESSED. THIS MONEY WILL GO TOWARDS HER UPCOMING RENT PAYMENTS. | $5,000 |
CHRYSTAL HESSE PURPOSE: THOMAS, WHO IS A HANDYMAN AND THE BREADWINNER, HAD A WORK RELATED ACCIDENT THAT RESULTED IN TWO WEEKS OFF OF WORK AND A CONCUSSION. THEY ALSO EXPERIENCED A FAMILY TRAGEDY (A CAR FELL ON HIS COUSIN AND THEY SPENT TIME IN THE HOSPITAL WHILE HE WAS ON LIFE SUPPORT) IN WHICH HE WAS UNABLE TO WORK AT THAT TIME. THOMAS HAS BEEN VERY ACTIVE IN SEEKING OUT LEADS TO TRY TO GET WORK, BUT THERE HAVE BEEN MONETARY SETBACKS DUE TO THE RECENT EVENTS. THESE FUNDS WILL GO TOWARDS SUPPLEMENTING THESE FINANCIAL NEEDS. | $6,000 |
KUTHER FAMILY PURPOSE: THE TWO SONS OF THIS FAMILY, 21 AND 19, LOST THEIR MOTHER YEARS AGO AND RECENTLY, THEIR FATHER DUE TO DOUBLE PNEUMONIA AND COMPLICATIONS OF ALCOHOL. BETWEEN THE TIME THEIR MOTHER PASSED AWAY AND THE LOSS OF THEIR FATHER, THEIR DAD DID NOT MAINTAIN THE HOUSE AND THEIR LIVING CONDITIONS WORSENED DUE TO HIS DEPRESSION. HE DIED WITH NO WILL, LIFE INSURANCE OR 401K. THESE FUNDS ARE GOING TO REPAIRS TO MAKE THE HOME SAFE AND LIVABLE FOR THE TWO SONS. | $11,750 |
MARIBELLE MARTINEZ PURPOSE: MARIBELLE?S SISTER WAS MURDERED BY HER HUSBAND. THE GRANDFATHER TOOK IN HER THREE CHILDREN AFTER THIS TRAGEDY, BUT HE THEN PASSED AWAY FROM COVID. THE THREE CHILDREN WERE TAKEN IN BY AUNT, MARIBELLE. THESE FUNDS WERE USED TO HELP WITH ONGOING EXPENSES AND TO SEND THE CHILDREN TO SUMMER CAMP. | $3,400 |