Updated:
Park Foundation
Roy H. Park established the Park Foundation in 1966 after building businesses in food and media. His daughter Adelaide Park Gomer serves as president of the...
Park Foundation
Roy H. Park established the Park Foundation in 1966 after building businesses in food and media. His daughter Adelaide Park Gomer serves as president of the board while granddaughter Alicia Park Wittink acts as vice president. A separate Triad Foundation was created in 2001 to divide original assets and is run by Roy H. Park Jr. The foundation allocates across private equity at 13.29 percent alongside program-related investments and direct land holdings. It commits to Generation Climate Solutions Funds, North Sky Clean Tech funds, SJF Ventures, DBL Partners, and the KBI Water Fund. Geographic reach centers on the United States with additional exposure in global climate strategies. Confirmed positions include the Roy H. Park Preserve in Dryden, New York, and loans to Finger Lakes ReUse and MP-Grand Cheese in Tompkins County. Assets total 384 million dollars with no disclosed headcount. The foundation maintains memberships in Confluence Philanthropy, Rachel's Network, and Young Presidents Organization. It sponsored the sPark Conference in Raleigh in October 2025 and the Prosperity Starts With Place National Conference in 2026. Service providers include the RBC Wealth Management SRI Team since 2006, As You Sow for shareholder advocacy since 2011, and KPMG for accounting. The foundation operates separately from the Triad Foundation following the 2001 asset division. It uses program-related investments to extend mission-aligned capital locally while retaining limited partner roles in external venture and clean-tech vehicles. Governance remains within the Park family across named board roles.
General information
Firm type
Endowment / Foundation
Year founded
1966
Location
Region
North America
Country
United States
City
Ithaca
Corporate office
140 Seneca Way Suite 100, Ithaca, New York, United States
Principals
Adelaide Park Gomer
President of the Board of Trustees
Alicia Park Wittink
Vice President of the Board of Trustees
Roy H. Park Jr.
Family Member
Sector focus
Frequently asked questions
Who runs investment decisions at Park Foundation?
Adelaide Park Gomer serves as president of the board. The foundation retains RBC Wealth Management SRI Team as investment advisor since 2006 and As You Sow for shareholder advocacy since 2011.
Does Park Foundation participate in fund commitments or only direct deals?
It holds limited partner positions in Generation Climate Solutions Funds, SJF Ventures, DBL Partners, and KBI Water Fund. It also extends direct program-related investment loans to local organizations in Tompkins County.
What investment stages does Park Foundation typically target?
The foundation targets early-stage, growth, and buyout strategies through its venture and private equity allocations. It maintains separate program-related investments for mission-aligned local projects.
Where does the underlying wealth come from?
Roy H. Park created the foundation from proceeds of Duncan Hines and Park Communications in the food and media sectors.
How is Park Foundation related to Triad Foundation?
Triad Foundation was established in 2001 after division of the original Park Foundation assets and is managed by Roy H. Park Jr.
Does Park Foundation maintain philanthropic structures, and how are they separated?
The Park Scholarships Program at North Carolina State University operates as a distinct vehicle with a $50 million endowment commitment recorded in 2013. The foundation itself focuses on grantmaking and program-related investments.
What is Park Foundation's known posture on co-investments alongside external GPs?
It participates as a limited partner in multiple venture and climate funds without disclosed direct co-investment activity alongside those GPs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: