Sean N Parker Foundation
Preselected recipients only
Sean N Parker Foundation is a private foundation in Palo Alto, California. In tax year 2024 it gave $2.7 million in 3 grants; the typical grant was $525,000 and the largest $2.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.7 million
- Number of grants3
- Typical grant$525,000
- Largest grant$2.0 million
- Assets$249 million
- New grantees67%
Giving in 2024 was up from $2.1 million the year before.
67% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.1 million | 3 | $252 million |
| 2024 | $2.7 million | 3 | $249 million |
How to apply
Sean N Parker Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Sean N Parker Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to District of Columbia.
| State | Grants | Amount |
|---|---|---|
| District of Columbia | 1 | $2.0 million |
| California | 2 | $675,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| New Venture Fund | Promote revitalization of distressed communities | $2.0 million |
| Museum Associates | General support | $525,000 |
| The Museum of Contemporary Art Los Angeles | Artwork acquisition | $150,000 |
Officers and trustees
- Sean N Parker
- Tom van Loben Sels
- Alexandra Lenas Parker
- Rakesh Mehta
- Michael Polansky
Questions people ask
Does Sean N Parker Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Sean N Parker Foundation give?
$2.7 million in tax year 2024, across 3 grants, with a typical grant of $525,000.
Who runs Sean N Parker Foundation?
Its 2024 filing lists Sean N Parker (President/Director), Tom van Loben Sels (Secretary/Treasurer/Director), Alexandra Lenas Parker (Director) and Rakesh Mehta (Director) among 5 officers and trustees.
What does Sean N Parker Foundation fund?
Based on its grants, mainly community development and arts and culture.