Park Foundation

Park Foundation

Named after	Roy H. Park
Formation	1966
Founder	Roy H. Park
Type	Nonprofit
Tax ID no.	16-6071043
Legal status	501(c)(3) foundation
Headquarters	Ithaca, New York
Methods	Grant-making
Board President	Adelaide P. Gomer
Executive Director	Rachel Leon
Board of directors	Adelaide P. Gomer Alicia P. Wittink Hon. Donna F. Edwards Jay R. Halfon Jerome B. Libin
Affiliations	Triad Foundation
Disbursements	$27,834,926 (2013)[1]
Endowment	$417,289,515 (2013)[1]
Website	www.parkfoundation.org

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.[2][7][8]

References

1. "IRS Form 990 2013" (PDF). Internal Revenue Service. Retrieved 15 June 2015.
2. Soraghan, Mike (March 12, 2012). "Quiet foundation funds the 'anti-fracking' fight". EnergyWire. Retrieved 5 May 2014.
3. Siegel, Fred (November 7, 2013). "Fred Siegel: Fracking, Poverty and the New Liberal Gentry". Wall Street Journal. Retrieved 15 June 2015.
4. Campbell, Jon (Apr 15, 2012). "Park Foundation funds anti-fracking groups". Rochester Democrat & Chronicle. Retrieved 5 May 2014.
5. Burns, Matthew (September 27, 2013). "NCSU gets $50M gift for scholarship endowment". WRAL. Retrieved 12 January 2016.
6. "About Us". Park Foundation. Retrieved 8 September 2021.
7. Fowler, Kelsey (November 11, 2010). "Park family locked in power struggle". The Ithacan. Retrieved 15 June 2015.
8. Chaisson, Bill (August 15, 2012). "Legacy Lives On: Park, Triad foundations continue the work of Roy Park Sr". Ithaca.com. Retrieved 15 June 2015.