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Akridge-Peterson Foundation is a private corporation based in KINGSTON, WA. The foundation received its IRS ruling in 2013. The principal officer is Robert Akridge. It holds total assets of $379K. Annual income is reported at $187K. The foundation is governed by 2 officers and trustees. To provide support to exempt organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Washington. According to available records, Akridge-Peterson Foundation has made 11 grants totaling $80K, with a median grant of $5K. Annual giving has decreased from $28K in 2021 to $20K in 2023. Grantmaking activity was highest in 2022 with $32K distributed across 6 grants. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$10K
Based on 3 grants from the most recent 990-PF filing.
To provide support to exempt organizations
Expenses: $16K
To provide support to exempt organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in WA.
Akridge-Peterson Foundation has distributed a total of $80K across 11 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Gifts are made to organizations exempt from tax under i.r.c. Section 501 (c) (3); to united states federal, state and local governmental agencies, as well as domestic organizations other than public charities and governmental agencies, so long as the grant is used exclusively for charitable purposes.
Akridge-Peterson Foundation is headquartered in KINGSTON, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Akridge | President Treasurer | $0 | $0 | N/A |
| Greg Peterson | Secretary Vice-President | $0 | $0 | N/A |
Total Giving
$27K
Total Assets
$377K
Fair Market Value
$569K
Net Worth
$377K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$25K
Total: $130K
Total Grants
11
Total Giving
$80K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Great Peninsula ConservancyTO PROVIDE SUPPORT TO EXEMPT ORGANIZATION | Bremerton, WA | $15K | 2023 |
| SharenetTO PROVIDE SUPPORT TO EXEMPT ORGANIZATION | Kingston, WA | $5K | 2023 |
| Discovery Bay Wild Bird RescueTO PROVIDE SUPPORT TO EXEMPT ORGANIZATION | Port Townsend, WA | $1K | 2022 |