Dick And Brena Parsons Foundation Inc
- Assets
- $734.5k
- Revenue
- $223.5k
- Investments
- $555.6k
- Employees
- 0
- Location
- South Bristol, ME
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 47-2638447
Organization Overview
Dick And Brena Parsons Foundation Inc is located in South Bristol, ME. The organization was established in 2016. 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. Dick And Brena Parsons 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, Dick And Brena Parsons Foundation Inc generated $223.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $28.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dick And Brena Parsons Foundation Inc has awarded 38 individual grants totaling $107,215. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard B Parsons Jr Director | 0 | $0 | |
Barbara N Parsons Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $208,631 |
| Interest on Savings | $20 |
| Dividends & Interest | $12,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,062 |
| Capital Gain Net Income | $2,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $223,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,143 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61 |
| Total operating and administrative expenses | $10,145 |
| Contributions, gifts, grants paid | $18,115 |
| Total expenses and disbursements | $28,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,904 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $734,460 |
| 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 | $1,250 |
| Total liabilities | $1,250 |
Grants Awarded
Over the last fiscal year, Dick And Brena Parsons Foundation Inc has awarded $18,115 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
South Bristol, ME PURPOSE: SUPPORT OF OPERATIONS | $4,015 |
BRIDGE BOSTON CHARTER SCHOOL PURPOSE: SUPPORT OF OPERATIONS | $2,500 |
MIDCOAST SHRINE LADIES CLUB PURPOSE: SUPPORT OF OPERATIONS | $2,500 |
Damariscotta, ME PURPOSE: SUPPORT OF OPERATIONS | $2,000 |
Damariscotta, ME PURPOSE: SUPPORT OF OPERATIONS | $1,000 |
LINCOLN HEALTH PURPOSE: SUPPORT OF OPERATIONS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |
Albert B Glickman Family Foundation Portland, ME | $24,527,916 | $3,353,968 |
Emily Landecker Foundation Hanover, NH | $38,846,417 | $4,476,586 |
Opportunity Networks Inc Amherst, NH | $2,792,676 | $4,076,100 |
The Bob Crewe Foundation Cumberland Foreside, ME | $17,458,318 | $1,381,520 |
Roxanne Quimby Foundation Inc Portland, ME | $37,980,106 | $2,835,642 |
Frank M & Olive E Gilman Foundation Inc Enfield, NH | $33,453,249 | $3,949,381 |
Jackson Hole Ranch Conservancy Foundation Exeter, NH | $0 | $1,922,389 |