Park Family Foundation Inc
Preselected recipients only
Park Family Foundation Inc is a private foundation in Wilmington, Delaware. In tax year 2024 it gave $38,112 in 8 grants; the typical grant was $4,092 and the largest $10,000. 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$38,112
- Number of grants8
- Typical grant$4,092
- Largest grant$10,000
- Assets$207,630
- New grantees33%
Giving in 2024 was down from $83,500 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $83,500 | 7 | $241,968 |
| 2024 | $38,112 | 8 | $207,630 |
How to apply
Park Family Foundation Inc 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.
What Park Family Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 3 | $20,000 |
| New Jersey | 1 | $10,000 |
| Pennsylvania | 1 | $5,000 |
| New York | 2 | $2,112 |
| California | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| President and Fellows of Harvard College | Parents Fund | $10,000 |
| Trustees of the Lawrenceville School | Lawrenceville Fund | $10,000 |
| Massachusetts Institute of Technology | MIT Quest for Intelligence | $6,817 |
| United States Squash Racquets Association Inc | The Community Initiative at the Arlen Specter US Squash Center at the Armory | $5,000 |
| Massachusetts Institute of Technology | MIT Quest for Intelligence | $3,183 |
| Korea Finance Society LTD | Charitable Event | $1,112 |
| Association of Asian American Investment Managers | General & Unrestricted | $1,000 |
| Korea Finance Society LTD | KFS Fellowship Program | $1,000 |
Officers and trustees
- William Park
Questions people ask
Does Park Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Park Family Foundation Inc give?
$38,112 in tax year 2024, across 8 grants, with a typical grant of $4,092.
Who runs Park Family Foundation Inc?
Its 2024 filing lists William Park (Pres, Dir, Sec, Treas).
What does Park Family Foundation Inc fund?
Based on its grants, mainly education and science and research.