Research has shown that parental involvement is regarded as a fundamental contributor to children’s school success but there are currently only a few measures available to assess the degree of parental involvement in children’s learning experiences. The Parent and Family Involvement in Education Survey (PFIES) was created to assess parent and family involvement in children’s educational activities and was administered in 2007 as part of the National Household Education Survey (NHES). Although the items from the PFIES were assumed to be meaningful descriptions of parent involvement in children’s educational activities, the utility of these items as a measure of parental involvement was never assessed. This study used items from the PFIES and examined them as a new measure called the Parent Involvement Survey (PIS). Specifically, the study examined the underlying factor structure, the internal consistency, and convergent validity of the emerging measure. The same population of parents were utilized for two samples (n = 315 and n = 316). The results provided support for a 29-item measure with an oblique six-factor solution. The new instrument shows promise as a parsimonious measure for assessing the level of parental involvement in young children’s learning and educational activities. With more accurate information about parental involvement, better management and intervention solutions can be created, which subsequently leads to improved child educational outcomes.