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Nonprofiteer
← PARKER FOUNDATION INC

Form 990 for tax year 2025

Filed by PARKER FOUNDATION INC.

Totals

Total revenue
$188,337,223
Total expenses
$4,876,359
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$188,337,223
Other revenue
$0
Total assets, end of year
$2,224,348,338
Total liabilities, end of year
$41,949,690
Net assets or fund balances, end of year
$2,182,398,648
Program services expenses (Part IX)
$0
Management and general expenses
$4,876,359
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $49,987,045 · excluded $49,987,045

  • 7a · Gross sales of assets other than inventory

    securities $1,291,444,190

  • 7b · Less cost or other basis and sales expenses

    securities $1,153,094,012

  • 7c · Gain or loss

    securities $138,350,178

  • 7d · Net gain or loss

    total $138,350,178 · excluded $138,350,178

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $4,876,359 · management and general $4,876,359

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $114,983 · end of year $77,483

  • 11 · Investments: publicly traded securities

    beginning of year $1,705,720,296 · end of year $2,040,933,476

  • 12 · Investments: other securities

    beginning of year $108,871,025 · end of year $183,337,379

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,003,322 · end of year $1,034,090

  • 25 · Other liabilities

    beginning of year $0 · end of year $40,915,600

  • 27 · Net assets without donor restrictions

    beginning of year $1,813,702,982 · end of year $2,182,398,648

Mission and programs · 2025

Mission

THE OBJECTS AND PURPOSES OF THE CORPORATION SHALL BE TO PROVIDE AND PROMOTE A CARE CONTINUUM FOR THE AGING VIA SKILLED NURSING, MEMORY CARE, ASSISTED LIVING, ADULT DAY CARE, REHABILITATION, HEALTHY AGING, AND INTERGENERATIONAL AND OTHER PROGRAMS, TOGETHER WITH CONDUCTING AND ASSISTING RELATED EDUCATION AND RESEARCH BY COORDINATION, PERFORMANCE, AND SUPPORT OF THE OPERATION AND FUNCTIONS AND THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE FRANCIS E. PARKER MEMORIAL HOME, INC., PARKER HOME AND COMMUNITY BASED SERVICES INC., THE FRANCIS E. PARKER ASSISTED LIVING CENTER, INC., PARKER AT MONROE, INC., PARKER AT EAST WINDSOR INC., PARKER AT SOMERSET, INC., PARKER REHABILITATION SERVICES, INC. AND OTHER AFFILIATES THAT MAY BE ESTABLISED IN TIME.

Activities or mission (Part I)

THE PURPOSE OF THE CORPORATION SHALL BE TO PROVIDE AND PROMOTE A CARE CONTINUUM FOR THE AGING.

  • PARKER FOUNDATION INC.'S FUNCTION IS TO HOLD AND ADMINISTER CERTAIN SUBSTANTIAL UNRESTRICTED INVESTMENT FUNDS FOR THE BENEFIT OF THE CHARITABLE MISSIONS OF PARKER HEALTH GROUP AND ITS AFFILIATED ENTITIES.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Roberto Muniz Mpa Flnha

    PRESIDENT/CEO

    Total calculated
    $870,456
    From this org
    $0
    From related orgs
    $797,675
    Other
    $72,781
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $555,899 related
    Bonus
    $0 + $115,000 related
    Other
    $0 + $126,776 related
    Deferred
    $0 + $59,028 related
    Nontaxable benefits
    $0 + $13,753 related
    Filer's total
    $0 + $870,456 related
  • Stephen Landers MD

    CHAIR

    Total calculated
    $0
    Hours/week
    0 + 14 related
  • Linda Schwimmer JD

    VICE-CHAIR

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Joseph G Braunreuther Esq

    SECRETARY

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 14 related
  • John A Papa

    TREASURER

    Total calculated
    $0
    Hours/week
    0 + 14 related
  • Alfred F Tallia MD MPH

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Clifford E Holland

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Denise Boudreau

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Diane Hill PhD

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Joseph Doyle

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Joseph Ferro MD

    TRUSTEE

    Total calculated
    $18,000
    From this org
    $0
    From related orgs
    $18,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Joseph Velderman

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Penelope Lattimer PhD

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Majd Alwan PhD

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Marguerite K Schlag EdD RN

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • William P Tibbitt

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • William R Hagaman Jr

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • James Golubieski

    TRUSTEE

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Laurence Gumina

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0 + 4 related
  • Linda Flynn

    TRUSTEE

    Total calculated
    $20,000
    From this org
    $0
    From related orgs
    $20,000
    Other
    $0
    Hours/week
    0 + 4 related
  • Nicholas Carr

    CFO

    Total calculated
    $329,404
    From this org
    $0
    From related orgs
    $296,250
    Other
    $33,154
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $269,038 related
    Bonus
    $0 + $26,400 related
    Other
    $0 + $812 related
    Deferred
    $0 + $21,922 related
    Nontaxable benefits
    $0 + $11,232 related
    Filer's total
    $0 + $329,404 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
A RELATED ORGANIZATION, PARKER HEALTH GROUP, INC., USES AN INDEPENDENT CONSULTANT, COMPENSATION SURVEYS AND STUDIES, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE CEO'S COMPENSATION.
PART I, LINE 4B
THE CEO, ROBERTO MUNIZ, PARTICIPATES IN A 457(F) PLAN. IN 2025, HE RECEIVED $124,590 WHICH WAS TREATED AS TAXABLE COMPENSATION. THE EXECUTIVE COMMITTEE DESIGNATES ELIGIBLE PARTICIPANTS IN THE PLAN AND DETERMINES THE AMOUNT TO BE CONTRIBUTED.
PART I, LINE 7
EXECUTIVES AND MANAGEMENT PERSONNEL RECEIVED BONUSES AS PART OF THEIR COMPENSATION FOR THE YEAR 2025. THE BONUSES ARE BASED UPON PERFORMANCE EVALUATIONS THAT REFLECT PREVIOUSLY AGREED UPON GOALS AND OBJECTIVES WHICH HAVE BOTH FINANCIAL AND NON-FINANCIAL ELEMENTS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PARKER AT EAST WINDSOR

    C · NURSING HOME CARE · NJ

Provenance

Return type
form_990
Tax year
2025
Filed
11 September 2026
IRS schema version
2025v4.2
Source object
202632549349300613

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