Park Foundation
Named afterRoy H. Park
Formation1966
FounderRoy H. Park
TypeNonprofit
16-6071043
Legal status501(c)(3) foundation
HeadquartersIthaca, New York
MethodsGrant-making
Board President
Adelaide P. Gomer
Executive Director
Rachel Leon
  • Adelaide P. Gomer
  • Alicia P. Wittink
  • Hon. Donna F. Edwards
  • Jay R. Halfon
  • Jerome B. Libin
AffiliationsTriad Foundation
Disbursements$27,834,926 (2013)[1]
Endowment$417,289,515 (2013)[1]
Websitewww.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. 1 2 "IRS Form 990 2013" (PDF). Internal Revenue Service. Retrieved 15 June 2015.
  2. 1 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.


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