EIN 27-4389819

Sean N. Parker Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2011
Most recent tax filings
2021-12-01
NTEE code, primary
Description
The Sean N. Parker Foundation is a private foundation that primarily funds an established education research center. The foundation's purpose is to promote the revitalization of distressed communities through the development of two documentary films. The first film, Trial by Fire, is a documentary about contemporary immunotherapy. The foundation made four grants last year to UCLA Foundation grantees.
Total revenues
$36,499,535
2021
Total expenses
$3,891,933
2021
Total assets
$252,595,139
2021
Num. employees
n/a

Program areas at Sean N. Parker Foundation

Films - the Foundation financed two documentary films. The first film, of medicine and miracles (formerly titled trial by fire), debuted at the tribeca film festival and is a documentary about contemporary immunotherapy cancer fighting treatments. Through this film, the Foundation aims to raise public awareness about immunotherapy to drive support for this kind of cancer research and to encourage more patients to seek out such clinical trials in furtherance of both scientific advancement and improvements in health care. The second film, coming clean, focuses on the opioid addiction crisis in america. Both films honor the difficult experiences of their subjects, while empowering future generations to strive for transformational improvements. The films further charitable and educational purposes by supporting artistic endeavors and by helping to educate the public about critical health issues. The films further the Foundation's specific charitable goals in the area of life sciences.
Artwork - the artworks in the Foundation's collection are held in trust for the public and made available for public display, research, and education. To advance this mission, the Foundation places its artwork on rotating loans to various museums both in and outside the united states and encourages the museums to include educational programming around the loaned works, such as curatorial lectures, public programs, and symposia. When not on loan, the works are stored at a specialized art facility that preserves the art for future generations and allows students and scholars to conduct research.
Institute for immunology and immunotherapy - to further the Foundation's charitable goals related to life sciences, the Foundation helped to incubate the launch of the institute for immunology and immunotherapy. The Foundation's president, mr. Parker, and five other founders recognized that recent scientific advances created opportunities to apply immunological research to treat cardiovascular disease, allergies, neurological conditions, and autoimmune diseases. Moreover, the covid-19 pandemic made immunological research all the more compelling and urgent, as scientists work to better prepare for future pandemics. The Foundation paid for initial legal services and related startup expenses that enabled this project to advance towards securing a fiscal sponsor and eventually securing its own exemption.

Personnel at Sean N. Parker Foundation

NameTitleCompensation
Tom van Loben SelsSecretary$0

Financials for Sean N. Parker Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$36,974,579
Investment income and dividends$755
Net rental income$0
Net gain from sale of non-inventory assets$-475,097
Gross sales of inventory$0
Miscellaneous revenues$-702
Total revenues$36,499,535

Form 990s for Sean N. Parker Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-11990PFView PDF
2018-122020-02-13990PFView PDF
2017-122019-02-21990PFView PDF
2016-122018-03-14990PFView PDF
2015-122017-04-05990PFView PDF
...and 4 more Form 990s
Data update history
October 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 22, 2021
Used new vendors
Identified 3 new vendors, including , , and
May 24, 2020
Posted financials
Added Form 990PF for fiscal year 2018
May 21, 2020
Updated personnel
Identified 1 new personnel
May 19, 2020
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
EducationHuman services
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
314 Lytton Ave
Palo Alto, CA 94301
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
parker.org/ 
Phone
(650) 804-7100
IRS details
EIN
27-4389819
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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