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Ralph M Parsons Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$25M (2023)

Expenses
$33.1M (2023)

Total Assets
$439M (2023)

Total Liabilities
$9.75M (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$24,997,425
Expenses
$33,149,535
Net Income
-$8,152,110
Net Assets
$428,978,308
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $368,840
1.5%
Dividends $7,597,964
30.4%
Sales of Assets $17,030,621
68.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,889,731
75.1%
Compensation of Officers* $2,869,708
8.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $438,732,767
Total Liabilities $9,754,459
Net Assets $428,978,308
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo (Retired)) $1,068,138 $65,962
Jennifer Price Letscher (President & Ceo) $366,569 $160,164
E Thomas Brewer (Vp, Finance & Administration) $324,360 $135,912
Nicole Larsen (Director, Grants Administration) $204,347 $85,856
Jonathan Wald (Director, Finance) $165,360 $64,516
Piper Kamins (Senior Program Offic) $159,848 $70,144
Katherine Bonalos (Senior Program Offic) $159,848 $63,996
Kadar Lewis (Program Officer) $148,824 $74,019
Lilia Smither (Accounting Manager) $148,824 $70,060
Melanie Fujii (Grants Manager) $121,170 $55,731
Paul G Haaga Jr (Director, Chair) $38,000 $0
Nina Revoyr (Director, Vice Chair) $38,000 $0
Elizabeth Hamilton Lowe (Director) $38,000 $0
Steven A Nissen (Director) $38,000 $0
Gayle E Wilson (Director) $38,000 $0
Karen Hill Scott (Director) $34,500 $0
Peter J Taylor (Director) $19,000 $0
Manuel A Abascal (Director) $0 $0
John Emerson (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$2,958,519
Expenses
$35,190,434
Net Income
-$38,148,953
Net Assets
$406,951,517
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $113,277
Dividends $8,660,665
Sales of Assets -$12,681,968
Other Income $949,507
Notable Expenses Percent of Total Expenses
Charitable Disbursements $27,244,154
77.4%
Compensation of Officers* $2,807,771
8.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $415,112,931
Total Liabilities $8,161,414
Net Assets $406,951,517
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $514,711 $185,699
E Thomas Brewer (Vp, Finance & Administration) $300,000 $80,160
Jennifer Price Letscher (Vp, Grants & Initiatives) $280,000 $84,848
Susan Pollack (Senior Advisor) $254,623 $54,015
Nicole Larsen (Director, Grants Administration) $189,000 $44,548
Katherine Bonalos (Program Officer) $145,000 $42,499
Piper Kamins (Program Officer) $145,000 $41,982
Romesh Anketell (Program Officer) $135,000 $40,427
Kadar Lewis (Program Officer) $135,000 $40,387
Peter J Taylor (Director/Chair) $38,000 $0
Paul G Haaga Jr (Director/Vice Chair) $38,000 $0
Elizabeth Hamilton Lowe (Director) $38,000 $0
Karen Hill Scott (Director) $38,000 $0
Steven A Nissen (Director) $38,000 $0
Nina Revoyr (Director) $38,000 $0
Gayle E Wilson (Director) $38,000 $0
Manuel A Abascal (Director) $0 $0
John Emerson (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$59,827,202
Expenses
$38,272,095
Net Income
$21,555,107
Net Assets
$462,022,211
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,853
0.0%
Dividends $9,113,115
15.2%
Sales of Assets $50,693,662
84.7%
Other Income $16,572
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $25,481,110
66.6%
Compensation of Officers* $1,755,147
4.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $469,540,445
Total Liabilities $7,518,234
Net Assets $462,022,211
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $492,326 $102,076
E Thomas Brewer (Vp, Finance & Administration) $268,825 $77,672
Jennifer Price Letscher (Vp, Grants & Initiatives) $248,636 $60,559
Nicole Larsen (Director, Grants Administration) $180,000 $40,054
Susan Pollack (Senior Advisor) $170,000 $46,620
Katherine Bonalos (Program Officer) $128,000 $37,542
Piper Kamins (Program Officer) $125,000 $36,775
Romesh Anketell (Program Officer) $123,188 $36,562
Kadar Lewis (Program Officer) $123,188 $35,857
Peter J Taylor (Director/Chair) $38,000 $0
Paul G Haaga Jr (Director/Vice Chair) $38,000 $0
Elizabeth Hamilton Lowe (Director) $38,000 $0
Karen Hill Scott (Director) $38,000 $0
Steven A Nissen (Director) $38,000 $0
Nina Revoyr (Director) $38,000 $0
Gayle E Wilson (Director) $38,000 $0
James A Thomas (Director) $9,500 $0
John Emerson (Director) $9,500 $0
Manuel A Abascal (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$28,085,746
Expenses
$31,173,932
Net Income
-$3,088,186
Net Assets
$403,983,800
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $48,498
0.2%
Dividends $7,002,512
24.9%
Sales of Assets $21,033,770
74.9%
Other Income $966
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $24,688,096
79.2%
Compensation of Officers* $1,381,917
4.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $412,929,990
Total Liabilities $8,946,190
Net Assets $403,983,800
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $481,663 $92,468
E Thomas Brewer (Director, Finance & Administration) $262,493 $50,109
Jennifer Price Letscher (Director,Program & S) $242,779 $58,824
Nicole Larsen (Director, Grants Administration) $154,014 $37,170
Zahirah Mann (Senior Program Offic) $141,883 $39,527
Katherine Bonalos (Program Officer) $120,520 $36,164
Romesh Anketell (Program Officer) $119,361 $35,859
Piper Kamins (Program Officer) $119,361 $35,769
Peter J Taylor (Director/Chair) $38,000 $0
Paul G Haaga Jr (Director/Vice Chair) $38,000 $0
Elizabeth Hamilton Lowe (Director) $38,000 $0
Karen Hill Scott (Director) $38,000 $0
Steven A Nissen (Director) $38,000 $0
Nina Revoyr (Director) $38,000 $0
James A Thomas (Director) $38,000 $0
Gayle E Wilson (Director) $38,000 $0
Manuel A Abascal (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,731,330
Expenses
$31,811,366
Net Income
-$2,080,036
Net Assets
$385,996,563
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $254,655
0.9%
Dividends $8,254,115
27.8%
Sales of Assets $21,217,550
71.4%
Other Income $5,010
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $22,605,660
71.1%
Compensation of Officers* $1,093,929
3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $397,220,867
Total Liabilities $11,224,304
Net Assets $385,996,563
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $477,958 $93,581
E Thomas Brewer (Director, Finance & Administration) $262,935 $47,530
Jennifer Price Letscher (Director Of Programs) $236,727 $58,785
Nicole Larsen (Director, Grants Administration) $137,078 $34,122
Zahirah Mann (Program Officer) $131,010 $38,857
Katherine Bonalos (Program Officer) $117,834 $37,599
Piper Kamins (Program Officer) $117,834 $37,469
Lilia Gonzalez (Senior Accountant) $107,366 $28,870
Linda M Griego (Director/Chairman) $38,000 $0
Peter J Taylor (Director/Vice Chairman) $38,000 $0
Elizabeth Hamilton Lowe (Director) $38,000 $0
Karen Hill Scott (Director) $38,000 $0
Steven A Nissen (Director) $38,000 $0
Nina Revoyr (Director) $38,000 $0
Gayle E Wilson (Director) $38,000 $0
Paul G Haaga Jr (Director) $34,500 $0
James A Thomas (Director) $34,500 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$13,706,765
Expenses
$28,988,271
Net Income
-$15,281,506
Net Assets
$352,210,519
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $177,216
1.3%
Dividends $6,576,565
48.0%
Sales of Assets $7,072,809
51.6%
Other Income -$119,825
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,408,509
73.9%
Compensation of Officers* $1,090,817
3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $361,470,819
Total Liabilities $9,260,300
Net Assets $352,210,519
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $447,528 $79,253
E Thomas Brewer (Director Of Finance And Administration) $208,202 $46,034
Jennifer Price Letscher (Director Of Programs) $192,495 $50,313
Zahirah Mann (Program Officer) $110,162 $35,067
Nicole Larsen (Grants Manager) $108,003 $27,710
Katherine Bonalos (Program Officer) $103,930 $35,112
Piper Kamins (Program Officer) $103,930 $34,961
Linda M Griego (Director/Chairman) $34,000 $4,000
Elizabeth Hamilton Lowe (Director) $34,000 $4,000
Karen Hill Scott (Director) $34,000 $4,000
Steven A Nissen (Director) $34,000 $4,000
James A Thomas (Director) $34,000 $4,000
Gayle E Wilson (Director) $34,000 $4,000
Paul G Haaga Jr (Director) $31,500 $0
Peter J Taylor (Director/Vice Chairman) $31,500 $0
Nina Revoyr (Director) $17,000 $1,800

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$23,564,400
Expenses
$24,248,858
Net Income
-$684,458
Net Assets
$349,547,976
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,074
0.0%
Dividends $6,483,763
27.5%
Sales of Assets $17,079,563
72.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,662,329
89.3%
Compensation of Officers* $832,692
3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $360,544,164
Total Liabilities $10,996,188
Net Assets $349,547,976
Compensation
Key Employees and Officers Compensation Other
Wendy Garen (President & Ceo) $379,721 $83,221
Astra Anderson Galang (Cfo) $151,971 $24,471
Jennifer Price Letscher (Prog Officer) $130,160 $23,910
Thomas Brewer (Prog Officer) $130,039 $23,790
Piper Kamins (Program Officer) $95,534 $16,969
Nicole Larsen (Grants Mgr) $89,514 $13,537
Elyse Cunningham (Exec Assistant) $73,899 $14,159
Gayle Wilson (Director) $34,000 $4,000
Walter B Rose (Director) $34,000 $4,000
Peter Taylor (Director) $34,000 $0
Elizabeth Hamilton Lowe (Dir/V Chairman) $34,000 $4,000
James A Thomas (Dir/Chairman) $34,000 $4,000
Franklin E Ulf (Director) $34,000 $3,077
Karen Hill Scott (Director) $34,000 $0
Robert Tranquada (Director) $34,000 $0
Linda Griego (Director) $29,000 $4,000

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$51,086,446
Expenses
$30,684,689
Net Income
$20,401,757
Net Assets
$389,248,453
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $820
0.0%
Dividends $7,414,607
14.5%
Sales of Assets $43,928,142
86.0%
Other Income -$257,123
Notable Expenses Percent of Total Expenses
Charitable Disbursements $23,042,915
75.1%
Compensation of Officers* $796,299
2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $403,577,854
Total Liabilities $14,329,401
Net Assets $389,248,453

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,884,915
Expenses
$28,622,838
Net Income
-$9,737,923
Net Assets
$396,835,980
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $609
0.0%
Dividends $7,200,408
38.1%
Sales of Assets $11,723,522
62.1%
Other Income -$39,624
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,225,381
74.2%
Compensation of Officers* $722,756
2.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $409,333,132
Total Liabilities $12,497,152
Net Assets $396,835,980

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,913,515
Expenses
$24,395,925
Net Income
-$7,482,410
Net Assets
$364,998,830
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $714
0.0%
Dividends $7,459,136
44.1%
Sales of Assets $9,394,185
55.5%
Other Income $59,480
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $19,582,023
80.3%
Compensation of Officers* $638,712
2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $375,283,325
Total Liabilities $10,284,495
Net Assets $364,998,830

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,429,883
Expenses
$26,569,733
Net Income
-$8,139,850
Net Assets
$341,333,754
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $516
0.0%
Dividends $8,516,256
46.2%
Sales of Assets $9,838,230
53.4%
Other Income $74,881
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,376,545
76.7%
Compensation of Officers* $623,411
2.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $351,509,803
Total Liabilities $10,176,049
Net Assets $341,333,754

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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