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Filing year 2024

FRED AND MABEL R PARKS FOUNDATION

Sugar Land, Texas·EIN 76-0122692·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$3.4M
Total assets
$41.5M
Total expenses
$2.4M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Pres./treas.
Unclassified
$106k
$110k
Secretary
Board Secretary
Below 10th percentile
$750
$782
Vice Pres.
Unclassified
$750
$782
Vice Pres.
Unclassified
$750
$782

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRED AND MABEL R PARKS FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2M

Itemized grants

144

Median grant

$10k

RecipientLocationPurposeAmount
GALVESTON HISTORICAL FOUNDATIONGALVESTON, TXBUILDING RENOVATION$100k
LSU FOUNDATIONBATON ROUGE, LAEXCEPTIONAL EDUCATOR RESOURCE FUND$50k
CUREPSP INCNEW YORK, NYPSP RESEARCH PROGRAM$50k
TEXAS CHILDRENS HOSPITALHOUSTON, TXRESEARCH PROGRAM SUPPORT$50k
CHILD ADVOCATES OF FORT BENDRICHMOND, TXCASA HOME TOUR$50k
DIABETES RESEARCH INSTITUTEHOLLYWOOD, FLDEVELOPMENT OF DRI CELL SUPPLY CENTE$50k
PARKS YOUTH RANCHSUGAR LAND, TXPROGRAM SUPPORT$50k
THE PARKS YOUTH RANCH INCSUGAR LAND, TXPROGRAM SUPPORT$30k
LEHIGH UNIVERSITY ENDOWMENTBETHLEHEM, PASCHOLARSHIP ENDOWMENT$25k
FORT BEND MEALS ON WHEELSROSENBERG, TXPROGRAM SUPPORT$25k
CHILD ADVOCATES OF FORT BENDROSENBERG, TXPROGRAM SUPPORT$25k
UNIVERSITY OF NOTRE DAME DU LACNOTRE DAME, INPROGRAM SUPPORT$25k
BLESSED BE HOPE FOR THREESTAFFORD, TXPROGRAM SUPPORT$25k
OAKBEND MEDICAL CENTERRICHMOND, TXPROGRAM SUPPORT$25k
ACCESS HEALTHRICHMOND, TXPROGRAM SUPPORT$25k
UNIVERSITY OF HOUSTON-SUGAR LANDSUGAR LAND, TXNURSING SCHOOL SCHOLARSHIPS$25k
LITERACY COUNCIL OF FORT BENDSUGAR LAND, TX2025 READING BETWEEN THE LINES$25k
HOLOCAUST MUSEUM HOUSTONHOUSTON, TXPROGRAM SUPPORT$25k
BELONG KITCHENHOUSTON, TXPROGRAM SUPPORT$25k
HIS GRACE FOUNDATIONHOUSTON, TXPROGRAM SUPPORT$25k
LUKE 18-1 FOUNDATIONSOUTHLAKE, TXLINKS 4 LUKE$25k
LSU FOUNDATIONBATON ROUGE, LASCHOLARSHIPS$25k
LSU FOUNDATIONBATON ROUGE, LAEXCEPTIONAL EDUCATOR SCHOLARSHIP$25k
ENTRYWAY HOUSTONHOUSTON, TXPROGRAM SUPPORT$25k
THE BROOKWOOD COMMUNITYBROOKSHIRE, TXPROGRAM SUPPORT$25k
Compare this foundation's grantees

Up 22%
from 2023

From $87k in 2023 to $106k in 2024.

$87k
2023
$106k
2024
In today's dollarsEst.
Up 19% in real terms$93k to $110k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay held roughly steady from 2023 to 2024, while revenue rose 147%.

$750 in 2023 to $750 in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRED AND MABEL R PARKS FOUNDATION

What does the Board Secretary of FRED AND MABEL R PARKS FOUNDATION earn?

In 2024, the Board Secretary of FRED AND MABEL R PARKS FOUNDATION received $750 in total compensation. This pay is in the bottom 10% for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Secretary pay at FRED AND MABEL R PARKS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board Secretary at FRED AND MABEL R PARKS FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at FRED AND MABEL R PARKS FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FRED AND MABEL R PARKS FOUNDATION's revenue and expenses?

In 2024, FRED AND MABEL R PARKS FOUNDATION reported $3.4M in total revenue and $2.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.