Park Foundation

The Park Foundation is a nonprofit foundation founded in 1966 by businessman and media mogul Roy H. Park.

Park Foundation
Formation1966
FounderRoy H. Park
Location
MethodsGrant-making
Executive Director
Jon Jensen
Disbursements$27,834,926 (2013)[1]
Endowment$417,289,515 (2013)[1]
Websitewww.parkfoundation.org

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. Jon Jensen is the Executive Director.

In 2003, the Triad Foundation was spun off from the Park Foundation, as a result of political disputes between Park's children.[2][6][7]

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. Fowler, Kelsey (November 11, 2010). "Park family locked in power struggle". The Ithacan. Retrieved 15 June 2015.
  7. 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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