Jamie Parsley Family Foundation Inc
- Assets
- $2.4m
- Revenue
- $608.9k
- Investments
- $2.3m
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 84-1664591
Organization Overview
Jamie Parsley Family Foundation Inc is located in Prospect, KY. The organization was established in 2006. 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. Jamie Parsley Family Foundation Inc 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, Jamie Parsley Family Foundation Inc generated $608.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $147.9k during the year ending 12/2021. While expenses have increased by 2.9% 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, Jamie Parsley Family Foundation Inc has awarded 44 individual grants totaling $257,000. 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 |
|---|---|---|---|
Brian Edward Parsley Director | 2 | $0 | |
Mary K Parsley Secretary | 2 | $0 | |
Archie E Parsley Jr President | 2 | $0 | |
Karen Michalak Parsley Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $561,675 |
| Capital Gain Net Income | $561,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $88 |
| Total Revenue | $608,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,094 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,438 |
| Contributions, gifts, grants paid | $128,500 |
| Total expenses and disbursements | $147,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,596 |
| 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 | $1,789,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,362,395 |
| 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, Jamie Parsley Family Foundation Inc has awarded $128,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
MIAMI UNIVERSITY OF OHIO PURPOSE: SCHOLARSHIPS | $10,000 |
AUBURN UNIVERSITY PURPOSE: SCHOLARSHIPS | $10,000 |
CENTRE COLLEGE PURPOSE: SCHOLARSHIPS | $10,000 |
UNIVERSITY OF LOUISVILLE PURPOSE: SCHOLARSHIPS | $10,000 |
UNIVERSITY OF KENTUCKY PURPOSE: SCHOLARSHIPS | $10,000 |
Bowling Green, KY PURPOSE: SCHOLARSHIPS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |