Park Foundation was formed in 1966. Its original focus was on education and grant-making in communities where Park Communications had interests. When he died in 1993, Mr. Park bequeathed more than 70 percent of his holdings to the Foundation. Scholarship programs have been established in Mr. Park’s name at the two institutions with which he was so close — Ithaca College and North Carolina State University. The two scholarship programs emphasize academic excellence, leadership, and community service — in keeping with Mr. Park’s values. Public broadcasting is a particularly meaningful recipient of funding because the Foundation had its origin in the world of communications. More recently, the Foundation’s interest in environmental causes has been refined to focus on issues of freshwater and energy.
Mr. Park’s family continues an active involvement in the Foundation, with his daughter and granddaughter serving as trustees.
Park Foundation is a family foundation dedicated to advancing a more just, equitable and sustainable society and environment, both nationally and in our local Ithaca community. We are principled, strategic and fearless in our grantmaking, collaborative with our partners, and nimble and innovative in our approach. We are committed to challenging the powers that threaten an independent media, a robust democracy, and the future of our planet.