Fraser-Parker Foundation
- Assets
- $194.4m
- Revenue
- $8.7m
- Investments
- $176.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 05/1988
- Data as of
- 12/2022
- EIN
- 58-6212344
Organization Overview
Fraser-Parker Foundation is located in Atlanta, GA. The organization was established in 1988. 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. Fraser-Parker 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 12/2022, Fraser-Parker Foundation generated $8.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fraser-Parker Foundation has awarded 230 individual grants totaling $27,691,239. 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 |
|---|---|---|---|
Richard C Parker Trustee / Chair | 1 | $5,600 | |
Isobel P Mills Trustee / Vice-Chair | 1 | $3,100 | |
T Bradbury Courts Trustee | 1 | $5,600 | |
Margaret P Denny Trustee | 1 | $5,000 | |
Clayton F Jackson Trustee | 1 | $5,600 | |
Elizabeth H Verner Executive Director | 25 | $162,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockefeller Capital Management | 12/30/22 | $846,141 |
Bespoke Private Strategies Lp | 12/30/22 | $20,334 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $748,402 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,083,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,848,647 |
| Capital Gain Net Income | $4,630,624 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,680,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $187,400 |
| Other employee salaries and wages | $77,099 |
| Pension plans, employee benefits | $64,057 |
| Interest | $0 |
| Taxes | $267,552 |
| Depreciation | $0 |
| Occupancy | $33,622 |
| Travel, conferences, and meetings | $206 |
| Printing and publications | $0 |
| Other expenses | $10,617 |
| Total operating and administrative expenses | $1,554,655 |
| Contributions, gifts, grants paid | $8,629,984 |
| Total expenses and disbursements | $10,184,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522 |
| Savings and temporary cash investments | $14,383,750 |
| 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 | $13,188,618 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,068,324 |
| Total assets | $194,432,123 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $518,342 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $278,750 |
| Total liabilities | $797,092 |
Grants Awarded
Over the last fiscal year, Fraser-Parker Foundation has awarded $9,470,748 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE YOUTH AND FAMILY CENTER PURPOSE: TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION | $150,000 |
AMERICAN RED CROSS PURPOSE: IN SUPPORT OF DISASTER RELIEF | $500,000 |
ATLANTA POLICE FOUNDATION PURPOSE: PUBLIC SAFETY TRAINING CENTER, THE 4TH AT-PROMISE CENTER | $750,000 |
ATLANTA POLICE FOUNDATION PURPOSE: PUBLIC SAFETY TRAINING CENTER, THE 4TH AT-PROMISE CENTER | $250,000 |
ATLANTA SPEECH SCHOOL PURPOSE: TOWARD TECHNOLOGICAL AND EQUIPMENT IMPROVEMENTS | $55,000 |
ATLANTA YOUTH ACADEMIES FOUNDATION PURPOSE: OPERATIONAL NEEDS OF LEWIS H. BECK LIBRARY | $56,000 |