Nonprofit · EIN 95-6085895
RALPH M PARSONS FOUNDATION
Tax-exempt · LOS ANGELES, CA 90017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $17,714,189 | $34,000,855 | -$16,286,666 | $452,365,338 | $10,962,032 | $441,403,306 |
| December 31, 2023 | 990-PF | $24,997,425 | $33,149,535 | -$8,152,110 | $438,732,767 | $9,754,459 | $428,978,308 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $9,703,671
- Interest
- $656,274
- Net gain from sales of assets
- $7,354,244
Expenses
- Grants and similar amounts paid
- $19,754,498
- Compensation of officers, directors and key employees
- $2,008,863
- Salaries, compensation and benefits (total)
- $1,295,114
- Disbursements for charitable purposes
- $23,662,877
- Excise tax on investment income
- $448,897
Balance sheet and other
- Total assets, start of year
- $438,732,767
- Total assets, end of year
- $452,365,338
- Total liabilities, end of year
- $10,962,032
- Net assets, end of year
- $441,403,306
- Fair market value of assets
- $452,365,338
- Qualifying distributions
- $23,662,877
- Net investment income
- $42,632,492
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER PRICE-LETSCHER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PRESIDENT & CEO | 35 | $450,000 | $128,346 |
| E THOMAS BREWER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | VP, FINANCE & ADMINISTRATION | 35 | $367,166 | $62,531 |
| NICOLE LARSEN 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, GRANTS ADMINISTRATION | 35 | $210,275 | $76,112 |
| JONATHAN WALD 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, FINANCE | 35 | $200,000 | $70,543 |
| KATHERINE BONALOS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, GRANTS & I Highest-paid employee | 35 | $195,000 | $53,753 |
| PIPER KAMINS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | ASSIST. DIR., GRANTS Highest-paid employee | 35 | $170,000 | $57,899 |
| KADAR LEWIS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PROGRAM OFFICER Highest-paid employee | 35 | $150,000 | $63,085 |
| LILIA SMITHER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | ACCOUNTING MANAGER Highest-paid employee | 35 | $150,000 | $63,989 |
| ARACELI CAMPOS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PROGRAM OFFICER Highest-paid employee | 35 | $150,000 | $59,798 |
| MELANIE FUJII 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | GRANTS MANAGER | 35 | $128,500 | $45,699 |
| GAYLE E WILSON 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $34,500 | $0 |
| STEVEN A NISSEN 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $34,500 | $0 |
| ELIZABETH HAMILTON LOWE 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $34,500 | $0 |
| NINA REVOYR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, VICE CHAIR | 2 | $34,500 | $0 |
| PAUL G HAAGA JR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, CHAIR | 2 | $34,500 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STASIA WASHINGTON 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $28,500 |
| MANUEL A ABASCAL 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 |
| JOHN B EMERSON 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 |
| STEPHANIE IVY SANFORD 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 |
| PETER J TAYLOR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WENDY GAREN 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PRESIDENT & CEO (RETIRED) | 35 | $1,068,138 | $65,040 |
| JENNIFER PRICE-LETSCHER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PRESIDENT & CEO | 35 | $366,569 | $141,527 |
| E THOMAS BREWER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | VP, FINANCE & ADMINISTRATION | 35 | $324,360 | $122,630 |
| NICOLE LARSEN 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, GRANTS ADMINISTRATION | 35 | $204,347 | $67,037 |
| JONATHAN WALD 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, FINANCE Highest-paid employee | 35 | $165,360 | $50,562 |
| PIPER KAMINS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | SENIOR PROGRAM OFFIC Highest-paid employee | 35 | $159,848 | $50,445 |
| KATHERINE BONALOS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | SENIOR PROGRAM OFFIC Highest-paid employee | 35 | $159,848 | $42,897 |
| KADAR LEWIS 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | PROGRAM OFFICER Highest-paid employee | 35 | $148,824 | $55,068 |
| LILIA SMITHER 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | ACCOUNTING MANAGER Highest-paid employee | 35 | $148,824 | $55,936 |
| MELANIE FUJII 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | GRANTS MANAGER | 35 | $121,170 | $41,930 |
| PAUL G HAAGA JR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, CHAIR | 2 | $38,000 | $0 |
| NINA REVOYR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR, VICE CHAIR | 2 | $38,000 | $0 |
| ELIZABETH HAMILTON LOWE 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $38,000 | $0 |
| STEVEN A NISSEN 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $38,000 | $0 |
| GAYLE E WILSON 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $38,000 | $0 |
| KAREN HILL SCOTT 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $34,500 | $0 |
| PETER J TAYLOR 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $19,000 | $0 |
| MANUEL A ABASCAL 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 | $0 |
| JOHN EMERSON 601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 S FIGUEROA ST STE 5000, LOS ANGELES, CA 90017-3883
- Signed the 990-PF
- JENNIFER PRICE-LETSCHER, PRESIDENT & CEO
- Phone
- (213) 362-7600
- Website
- WWW.RMPF.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-6085895 or by the name RALPH M PARSONS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-6085895
- 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
- 1963
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $452,365,338
- Income (IRS master file)
- $80,711,833
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $17,714,189 | $34,000,855 | $452,365,338 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $24,997,425 | $33,149,535 | $438,732,767 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 95-6085895).
Questions about RALPH M PARSONS FOUNDATION
- What is the EIN of RALPH M PARSONS FOUNDATION?
- The employer identification number (EIN) of RALPH M PARSONS FOUNDATION is 95-6085895.
- Is RALPH M PARSONS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to RALPH M PARSONS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RALPH M PARSONS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RALPH M PARSONS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RALPH M PARSONS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of RALPH M PARSONS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 20 people; 16 received compensation from the organization, the highest $450,000 (JENNIFER PRICE-LETSCHER, PRESIDENT & CEO).
- How much revenue does RALPH M PARSONS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $17,714,189, expenses of $34,000,855 and total assets of $452,365,338 at year end.
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