Nonprofit · EIN 43-1948979
PARKS FAMILY FOUNDATION
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990-PF | $513,637 | $142,404 | $371,233 | $1,639,941 | $0 | $1,639,941 |
| February 28, 2025 | 990-PF | $650,348 | $119,362 | $530,986 | $1,270,206 | $0 | $1,270,206 |
| February 29, 2024 | 990-PF | $184,866 | $101,715 | $83,151 | $736,459 | $0 | $736,459 |
Financial details: 990-PF for the year ended February 28, 2026
Revenue
- Dividends
- $19,280
- Net gain from sales of assets
- $494,357
Expenses
- Grants and similar amounts paid
- $105,585
- Disbursements for charitable purposes
- $114,089
- Excise tax on investment income
- $6,959
Balance sheet and other
- Total assets, start of year
- $1,270,206
- Total assets, end of year
- $1,639,941
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,639,941
- Fair market value of assets
- $2,951,254
- Qualifying distributions
- $114,089
- Net investment income
- $513,637
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | PRESIDENT | 1 | $0 |
| MARGARET E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | VICE-PRESIDENT | 1 | $0 |
990-PF for the year ended February 28, 2025: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | PRESIDENT | 1 | $0 |
| MARGARET E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | VICE-PRESIDENT | 1 | $0 |
990-PF for the year ended February 29, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | PRESIDENT | 1 | $0 |
| MARGARET E PARKS 2047 WILHELMINA RISE, HONOLULU, HI 968163315 | VICE-PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1532, PENNINGTON, NJ 08534-0691
- In care of
- % MERRILL LYNCH TRUST COMPANY
- Signed the 990-PF
- JOHN E PARKS, TRUSTEE
- Phone
- (888) 866-3275
- Return prepared by
- BANK OF AMERICA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | 990-PF on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990-PF on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990-PF on file |
IRS record
- EIN
- 43-1948979
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2002
- Accounting year ends
- February
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,639,941
- Income (IRS master file)
- $1,123,303
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | February 2026 | $513,637 | $142,404 | $1,639,941 | XML |
| 990-PF | February 2025 | $650,348 | $119,362 | $1,270,206 | XML |
| 990-PF | February 2024 | $184,866 | $101,715 | $736,459 | XML |
| 990-PF | February 2023 | – | – | – | IRS |
| 990-PF | February 2022 | – | – | – | IRS |
| 990-PF | February 2021 | – | – | – | IRS |
| 990-PF | February 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1948979).
Questions about PARKS FAMILY FOUNDATION
- What is the EIN of PARKS FAMILY FOUNDATION?
- The employer identification number (EIN) of PARKS FAMILY FOUNDATION is 43-1948979.
- Is PARKS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to PARKS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PARKS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PARKS FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKS FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended February 2026.
- Who are the officers and directors of PARKS FAMILY FOUNDATION?
- The 990-PF for the year ended February 28, 2026 lists 2 people; 0 received compensation from the organization.
- How much revenue does PARKS FAMILY FOUNDATION have?
- On its 990-PF for the year ended February 28, 2026 it reported revenue of $513,637, expenses of $142,404 and total assets of $1,639,941 at year end.
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