Overview

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Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

THE PARALLEL FOUNDATION INC is a 501(c)(3) grantmaking organization that focuses on fostering relationships with nonprofits through an invitation-only engagement model. In the 2024 filing year, the foundation distributed a total of $2.7 million across 61 grantees. It does not accept unsolicited proposals; however, nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting to connect with the foundation.

Total Funding Given
$2.7M
2024
Grantees funded
61
Multi-year grantees
28%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
67
Median 1st year grant
$20K
Median 2nd year grant
$25K
M
Merrin Jenkins
Board Member
J
Justine Caputi
Board Member
P
Pam Williams
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to THE PARALLEL FOUNDATION INC?
No. THE PARALLEL FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.
Where does THE PARALLEL FOUNDATION INC give?
THE PARALLEL FOUNDATION INC primarily gives to organizations located in Florida, New York, and District Of Columbia. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are THE PARALLEL FOUNDATION INC’s grants?
The largest share of grants from THE PARALLEL FOUNDATION INC fall in the $5,000 to $25 thousand range. The median first-year grant is about $20 thousand. More detailed grant size data is available to registered users.
How many grants does THE PARALLEL FOUNDATION INC make each year?
In 2024, THE PARALLEL FOUNDATION INC awarded about 70 grants, totaling nearly $2.7 million. More detailed grant metrics are available to registered users.
Who did THE PARALLEL FOUNDATION INC fund recently?
In 2024, THE PARALLEL FOUNDATION INC awarded grants to about 60 grantees. Recent grantees include Shirley Proctor Puller Foundation Inc, TAMPA MUSEUM OF ART FOUNDATION INC, and THE CRISIS CENTER OF TAMPA BAY INC. More detailed information on all recent recipients is available to registered users.
How do we apply to THE PARALLEL FOUNDATION INC?
THE PARALLEL FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.