Funder DirectoryTHE PARALLEL FOUNDATION INC
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Private foundation (trust)EIN 924009341Est. 2023-11

THE PARALLEL FOUNDATION INC

TAMPA, FL 33602

Total Assets

$5.1M

FY 2024

Annual Giving

$2.7M

FY 2024

Grants Made

67

FY 2024

Avg Grant

$40K

FY 2024

Grant Range

$26–$268K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$5.1M

Total Expenses

$3.1M

Qualifying Distributions

$3.0M

Distributable Amount

$126K

Min. Investment Return

$127K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

67 grants

Grant sizes from minimum $26 through median $33K to maximum $268K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2023 to 2024. Peak $2.7M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

107 grants

SHIRLEY PROCTOR PULLER FOUNDATION
$318K
2 grants
TAMPA MUSEUM OF ART FOUNDATION
$220K
2 grants
THE CRISIS CENTER OF TAMPA BAY INC
$123K
2 grants
PLANNED PARENTHOOD OF SOUTHWEST AND CENTRAL FL
$118K
1 grant
NYC AUTISM CHARTER SCHOOLS
$118K
2 grants
DR CARTER G WOODSON AFRICAN AMERICAN MUSEUM
$106K
1 grant
FLORIDA RIGHTS RESTORATION COALITION
$100K
1 grant
Tampa General Hospital Foundation
$100K
1 grant

Grant Size Distribution

107 grants

<$10K
47
grants
$10–50K
37
grants
$50–250K
22
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

16 states

Florida
$2.5M
72% of total
New York
$346K
10% of total
District of Columbia
$125K
4% of total
California
$112K
3% of total
Virginia
$108K
3% of total
Pennsylvania
$63K
2% of total
North Carolina
$55K
2% of total
Nebraska
$50K
1% of total
Illinois
$35K
1% of total
Wyoming
$18K
1% of total

+6 more states

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THE PARALLEL FOUNDATION INC — Grants, Financials & Contact | Grantivo