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Also known as: FOUNDATION
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Donald A And Verna M Peterson Foundation is a private trust based in DOWNERS GROVE, IL. The foundation received its IRS ruling in 1993. The principal officer is Linda Ruud. It holds total assets of $198K. Annual income is reported at $13K. Total assets have decreased from $347K in 2011 to $213K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Donald A And Verna M Peterson Foundation has made 11 grants totaling $86K, with a median grant of $10K. Annual giving has grown from $12K in 2020 to $24K in 2023. Grantmaking activity was highest in 2022 with $50K distributed across 6 grants. Individual grants have ranged from $2K to $10K, with an average award of $8K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Donald A And Verna M Peterson Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IL.
Donald A And Verna M Peterson Foundation has distributed a total of $86K across 11 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $2K to $10K.
Donald A And Verna M Peterson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Donald A And Verna M Peterson Foundation is headquartered in DOWNERS GROVE, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda J Peterson | TRUSTEE | $0 | $0 | N/A |
| Bruce L Peterson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$213K
Fair Market Value
$369K
Net Worth
$213K
Grants Paid
$24K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$18K
Total Grants
11
Total Giving
$86K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morton ArboretumSUPPORT | Lisle, IL | $10K | 2023 |
| Chicago Zoological SocietySUPPORT | Brookfield, IL | $10K | 2023 |
| Hinsdale Humane SocietySUPPORT | Hinsdale, IL | $4K | 2023 |
| Evangelical Covenant ChurchSUPPORT | Chicago, IL | $5K | 2022 |
| Benedictine UniversitySUPPORT | Lisle, IL | $10K | 2020 |
| Providence Life ServicesSUPPORT | Tinley Park, IL | $2K | 2020 |