Jeanalee And Charles Parsons Foundation
- Assets
- $13.1m
- Revenue
- $2.5m
- Investments
- $11.2m
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-6161910
Organization Overview
Jeanalee And Charles Parsons Foundation is located in Bartlesville, OK. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jeanalee And Charles Parsons Foundation 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, Jeanalee And Charles Parsons Foundation generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $572.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jeanalee And Charles Parsons Foundation has awarded 44 individual grants totaling $1,156,560. 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 |
|---|---|---|---|
Harvey L Little Chairman | 1 | $8,060 | |
Jess Kane Trustee | 0 | $0 | |
Bruce W Robinett Trustee | 0 | $0 | |
Tatton Manning Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $295,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $911,521 |
| Capital Gain Net Income | $911,521 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,337,934 |
| Total Revenue | $2,544,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,060 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,378 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $803 |
| Total operating and administrative expenses | $107,168 |
| Contributions, gifts, grants paid | $465,108 |
| Total expenses and disbursements | $572,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,491 |
| Savings and temporary cash investments | $1,902,608 |
| 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 | $5,185,868 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,129,831 |
| 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, Jeanalee And Charles Parsons Foundation has awarded $465,108 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Bartlesville, OK PURPOSE: RENOVATE BUELL RESIDENCE | $133,200 |
FRANK PHILLIPS FOUNDATION PURPOSE: WELCOME CENTER | $50,000 |
Bartlesville, OK PURPOSE: BUILDING IMPROVEMENTS AND ENDOWMENT | $50,000 |
ELDERCARE PURPOSE: VAN WITH WHEELCHAIR LIFT | $37,250 |
AGAPE MISSION PURPOSE: COMPUTERS AND SOFTWARE | $27,500 |
Bartlesville, OK PURPOSE: RENOVATION PROJECTS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |