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G & D Peterson Foundation is a private trust based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1997. The principal officer is Barry Newman. It holds total assets of $218K. Annual income is reported at $99K. Total assets have decreased from $463K in 2011 to $264K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Minnesota, Hawaii and New York. According to available records, G & D Peterson Foundation has made 30 grants totaling $69K, with a median grant of $875. Annual giving has grown from $21K in 2020 to $48K in 2022. Individual grants have ranged from $500 to $18K, with an average award of $2K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Minnesota and New York and Hawaii. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$750
Average Grant
$4K
Largest Grant
$18K
Based on 6 grants from the most recent 990-PF filing.
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.
G & D Peterson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in MN, NY, HI.
G & D Peterson Foundation has distributed a total of $69K across 30 grants. The median grant size is $875, with an average of $2K. Individual grants have ranged from $500 to $18K.
G & D Peterson Foundation typically selects its grantees rather than accepting unsolicited proposals.
G & D Peterson Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gerald Peterson | TRUSTEE | $0 | $0 | N/A |
| Barry Newman | TRUSTEE | $0 | $0 | N/A |
| Donna Peterson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$264K
Fair Market Value
$257K
Net Worth
$264K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$12K
Total: $261K
Total Grants
30
Total Giving
$69K
Average Grant
$2K
Median Grant
$875
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hamline UniversityPETERSON FAMILY SCHOLARSHIP | St Paul, MN | $15K | 2022 |
| Ordway Center For The Performing ArtsGENERAL OPERATING | St Paul, MN | $2K | 2022 |
| Lymphoma Research FoundationGENERAL OPERATING | New York, NY | $1K | 2022 |
| Faith Lutheran ChurchAFGHAN RESETTLEMENT FAMILY FUND | Forest Lake, MN | $1K | 2022 |
| The Education Foundation Of The Forest Lake AreaWALDOCH FARM EVENT | Forest Lake, MN | $750 | 2022 |
| Forest Lake YmcaSCHOLARSHIP PROGRAM | Forest Lake, MN | $500 | 2022 |
| Lihue Lutheran ChurchGENERAL OPERATING | Lihue, HI | $500 | 2022 |
| Twin Cities Public TelevisionGENERAL OPERATING | St Paul, MN | $500 | 2022 |
| Mayo ClinicGENERAL OPERATING | Rochester, MN | $500 | 2022 |