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THE RALPH M PARSONS FOUNDATION

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Public IRS 990 nonprofit record

THE RALPH M PARSONS FOUNDATION

EIN 95-6085895 · Private Grantmaking Foundations (T20)

What they do

THE RALPH M PARSONS FOUNDATION .

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$191.94spent for every $100 of revenueSpending was higher than revenue this year.
$13.30in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $16,286,666 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $450,000 for JENNIFER PRICE-LETSCHER (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$17,714,189
Expenses$34,000,855
Annual shortfall $16,286,666 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$17,714,189
Expenses$34,000,855
Assets$452,365,338
Income$80,711,833
Grants given$137,553,285
Average grant$57,290
Executive compensation (total)$1,381,917
Stocks and bonds$52,311,122
Accounting fees$91,763
Investing fees$8,882,617
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JENNIFER PRICE-LETSCHERPRESIDENT & CEO · 35 hrs/week $450,000
E THOMAS BREWERVP, FINANCE & ADMINISTRATION · 35 hrs/week $367,166
NICOLE LARSENDIRECTOR, GRANTS ADMINISTRATION · 35 hrs/week $210,275
JONATHAN WALDDIRECTOR, FINANCE · 35 hrs/week $200,000
KATHERINE BONALOSDIRECTOR, GRANTS & I · 35 hrs/week $195,000
PIPER KAMINSASSIST. DIR., GRANTS · 35 hrs/week $170,000
ARACELI CAMPOSPROGRAM OFFICER · 35 hrs/week $150,000
KADAR LEWISPROGRAM OFFICER · 35 hrs/week $150,000
LILIA SMITHERACCOUNTING MANAGER · 35 hrs/week $150,000
MELANIE FUJIIGRANTS MANAGER · 35 hrs/week $128,500
STEVEN A NISSENDIRECTOR · 2 hrs/week $34,500
PAUL G HAAGA JRDIRECTOR, CHAIR · 2 hrs/week $34,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

JENNIFER PRICE-LETSCHERPRESIDENT & CEO

E THOMAS BREWERVP, FINANCE & ADMINISTRATION

NICOLE LARSENDIRECTOR, GRANTS ADMINISTRATION

JONATHAN WALDDIRECTOR, FINANCE

KATHERINE BONALOSDIRECTOR, GRANTS & I

PIPER KAMINSASSIST. DIR., GRANTS

ARACELI CAMPOSPROGRAM OFFICER

KADAR LEWISPROGRAM OFFICER

LILIA SMITHERACCOUNTING MANAGER

MELANIE FUJIIGRANTS MANAGER

STEVEN A NISSENDIRECTOR

PAUL G HAAGA JRDIRECTOR, CHAIR

NINA REVOYRDIRECTOR, VICE CHAIR

GAYLE E WILSONDIRECTOR

ELIZABETH HAMILTON LOWEDIRECTOR

STASIA WASHINGTONDIRECTOR

MANUEL A ABASCALDIRECTOR

JOHN B EMERSONDIRECTOR

PETER J TAYLORDIRECTOR

STEPHANIE IVY SANFORDDIRECTOR

About this charity

Recognized since
January 1963
Location
601 S FIGUEROA STREET SUITE 5000, LOS ANGELES, CA 90017
County
Los Angeles
In care of
JENNIFER PRICE-LETSCHER
Primary officer
JENNIFER PRICE-LETSCHER, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990PF
Tax preparer
ARMANINO ADVISORY LLC
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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