Overview
What is Frank And Nancy Parsons Foundation Inc?
Frank And Nancy Parsons Foundation Inc is a charitable organization that regularly dispenses financial support to various other charitable entities. Their primary mission involves making charitable contributions to specific chosen organizations, thereby contributing to their causes. The organization is dedicated to this philanthropic mission, which is crucial in uplifting the communities they support.
Is Frank And Nancy Parsons Foundation Inc legitimate?
Frank And Nancy Parsons Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frank And Nancy Parsons Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Frank And Nancy Parsons Foundation Inc?
The Frank And Nancy Parsons Foundation Inc is a charitable organization that focuses on providing financial support to other charitable entities. Its mission, in essence, is to make charitable contributions to specific organizations with the aim of contributing positively to various causes. The foundation's activities revolve around making periodic donations to these organizations, thereby supporting their initiatives and furthering their goals. It should be noted that the foundation's mission is to make charitable contributions, rather than operating its own programs or services.
What is the revenue of Frank And Nancy Parsons Foundation Inc?
Frank And Nancy Parsons Foundation Inc's revenue in 2023 was $348,367.
Who are the executives of Frank And Nancy Parsons Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Frank And Nancy Parsons Foundation Inc?
Frank And Nancy Parsons Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Frank And Nancy Parsons Foundation Inc
The Frank And Nancy Parsons Foundation Inc, as a charitable entity, is committed to making periodic contributions to various charitable organizations. Its mission, in essence, involves providing financial support to specific nonprofit organizations, contributing to their noble causes. This philanthropic foundation plays a crucial role in channeling resources to deserving charitable organizations, thereby aiding their mission and amplifying their impact.
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Impact
October, 2024
The Frank and Nancy Parsons Foundation Inc effectively supports various charitable organizations through targeted financial contributions. By strategically allocating resources, the foundation amplifies the impact of its partner organizations, enabling them to further their missions and serve their communities more effectively. Operating from Arlington, VA, the foundation focuses on philanthropy that directly contributes to specific charitable causes, thereby fostering positive change and addressing critical needs within society. Through its ongoing commitment to charitable giving, the foundation plays a vital role in enhancing the capacity of organizations dedicated to making a difference.
This information is meant to be a general summary of Frank And Nancy Parsons Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $108,397
- Gross Receipts: $689,860
Assets and Liabilities:
- Total Assets: $2,930,320
- Total Liabilities: $0
- Net Assets: $2,930,320
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Organization Details
Founding Year
1997
Principal Officer
Douglas T Parsons
NTEE Category
Code: T11 - Philanthropy
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