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Park Foundation, Inc.

Profile

Last Updated: 2016-05-10

At A Glance

Park Foundation, Inc.

P.O. Box 550

Ithaca, NY United States 14851-0550

Telephone: (607) 272-9124

URL: www.parkfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $409,686,869

Total giving: $23,641,017

EIN

166071043

BRIDGE Number

0623280531

Additional Contact Information

Street Address: 301 E. State St., Ithaca, N.Y., 14850

Background

Established in 1966

Purpose and Activities

Giving primarily for scholarships in higher education, quality public affairs media that heightens public awareness of critical issues, and protection of the environment. In addition to these core program areas, interests include a broad range of charitable giving in communities where the trustees reside.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Animal Welfare

The foundation supports nationally-significant efforts to ensure the humane treatment, care and well-being of domestic animals and the protection and conservation of wildlife in captivity in the U.S. The program supports innovative, comprehensive, solution-oriented models that lead to systemic change, reduce suffering, and foster a more compassionate society.

Community Needs: Tompkins County New York

The program seeks to meet the basic needs of low income and underserved people in Tompkins County, NY, and to alleviate the impacts of poverty. Priority is given to programs that serve people who are vulnerable to social and economic challenges including homelessness, food insecurity, racial inequity, poor physical and mental health outcomes, poor academic performance, school drop-out, illiteracy, and unemployment. Programs serving all ages are supported but youth populations are given higher priority. .

Employee Matching Gifts

The foundation matches employee contributions to charitable organizations.

Environment

The foundation supports efforts that work to ensure drinking water in the United States is clean, affordable and accessible, and is protected and managed as a public necessity. It is willing to consider diverse approaches that raise awareness and offer solutions to drinking water concerns, including, but not limited to, policy development, advocacy, organizing, and media activities. Additional grants are made by the foundation that cover a wide variety of environmental issues, but with special concentration on environmental issues in North Carolina, environmental health concerns, and training and capacity building opportunities for environmental organizations. These grants are made at the foundation's initiative. The Environment Program does not directly support single river or watershed programs. .

Higher Education

Scholarship programs are limited to Ithaca College and North Carolina State University.

Media

The foundation supports public interest media that raises awareness of critical environmental, political and social issues in the U.S. Program priorities include investigative journalism, media policy and public broadcasting.

Program-Related Investment

The foundation has made PRIs in the form of loans to a credit union and to a housing organization.

Sustainable Ithaca

This program supports efforts to help Tompkins County, NY, become a fully sustainable community: environmentally, socially and economically. Priority is given to projects that incorporate a collaborative approach to reaching sustainable goals. Priority is also given to projects that utilize inclusive approaches to address racial, economic and other forms of inequality.

Fields of Interest

Subjects
  • Animal welfare
  • Communication media
  • Higher education
  • Publishing
  • Rivers and lakes
  • Television
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $409,686,869 (market value)

Expenditures: $28,045,546

Total giving: $23,641,017

Qualifying distributions: $25,539,623