Park Foundation | |
Named After: | Roy H. Park |
Formation: | 1966 |
Founder: | Roy H. Park |
Type: | Nonprofit |
Tax Id: | 16-6071043 |
Status: | 501(c)(3) foundation |
Headquarters: | Ithaca, New York |
Methods: | Grant-making |
Leader Title: | Board President |
Leader Name: | Adelaide P. Gomer |
Leader Title2: | Executive Director |
Leader Name2: | Rachel Leon |
Board Of Directors: |
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Affiliations: | Triad Foundation |
Disbursements: | $27,834,926 (2013)[1] |
Endowment: | $417,289,515 (2013) |
The Park Foundation is an American nonprofit foundation founded in 1966 by entrepreneur and media mogul Roy H. Park.
The foundation supports a variety of liberal and environmental causes, and has been a major supporter of the anti-fracking movement[2] [3] as well as education. From 2009 to 2012, the foundation gave over $3 million to dozens of advocacy groups and other institutions that oppose fracking, including $175,000 to produce the documentary Gasland.[4] In 2013, the foundation gave $50 million to endow the Park Scholarships program at North Carolina State University.[5]
It is based in Ithaca, New York and is chaired by Park's daughter, Adelaide Park Gomer. Rachel Leon is the Executive Director.[6]
In 2003, the Triad Foundation was spun off from the Park Foundation, as a result of political disputes between Park's children.[7] [8]