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Parker Foundation

Profile

Last Updated: 2016-02-09

At A Glance

Parker Foundation

(formerly Sean N. Parker Foundation)

314 Lytton Ave., No. 200

Palo Alto, CA United States 94301-1430

URL: parker.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2013-12-31)

Assets: $244,067,051

Total giving: $11,075,000

EIN

274389819

BRIDGE Number

8131474664

Background

Established in 2010 in CA - Founded by Sean Parker, co-founder of Napster, Causes, and Airtime. He was the first founding president of Facebook.

Purpose and Activities

Giving primarily for civic engagement, global public health, and life sciences.

Fields of Interest

Subjects
  • Biology
  • Cancers
  • Diseases and conditions
  • Education
  • Health
  • Philanthropy
  • Public health
International Interests
  • United Kingdom of Great Britain and Northern Ireland
Population Groups
  • Academics
  • Adolescents
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Students

Financial Data

Year ended 2013-12-31

Assets: $244,067,051 (market value)

Gifts received: $190,376,616

Expenditures: $11,527,034

Total giving: $11,075,000

Qualifying distributions: $11,141,829

Giving activities include:

$11,075,000 for 13 grants (high: $6,000,000; low: $50,000)