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Gary Peters Family Foundation Inc. is a private corporation based in BOCA RATON, FL. The foundation received its IRS ruling in 2018. It holds total assets of $5.8M. Annual income is reported at $1.2M. THE FOUNDATION INITIATED A SCHOLARSHIP PROGRAM IN 2019 APPROVED BY THE INTERNAL REVENUE SERVICE ON MARCH 7, 2019. THE PURPOSE OF THE PROGRAM IS TO PROVIDE SCHOLARSHIP GRANTS TO DESERVING IMMIGRANTS AND FOREIGN STUDENTS, MINORITY STUDENTS AND LOW-INCOME STUDENTS. ELIGIBLE STUDENTS WHO ATTEND RECOGNIZED EDUCATIONAL INSTITUTIONS WITH EXPENSES SUCH AS TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES ARE CONSIDERED BASED PRIMARILY UPON FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. THE NUMBER OF GRANTS, THE AMOUNT OF EACH GRANT AND THE PURPOSE OF EACH GRANT WILL BE MADE BY A SCHOLARSHIP COMMITTEE ON A CASE-BY-CASE BASIS. IN 2023 ONE STUDENT APPLIED FOR, AND RECEIVED A SCHOLARSHIP GRANT, THE STUDENT WAS A FOREIGN COUNTRY CITIZEN AND ATTENDED COLLEGE IN THE U.S. According to available records, Gary Peters Family Foundation Inc. has made 95 grants totaling $1.8M, with a median grant of $6K. Annual giving has decreased from $379K in 2020 to $165K in 2023. Grantmaking activity was highest in 2022 with $848K distributed across 38 grants. Individual grants have ranged from $700 to $221K, with an average award of $19K. The foundation has supported 42 unique organizations. Grants have been distributed to organizations in Florida and Colorado and Kansas. Contributions to this foundation are tax-deductible.
THE FOUNDATION INITIATED A SCHOLARSHIP PROGRAM IN 2019 APPROVED BY THE INTERNAL REVENUE SERVICE ON MARCH 7, 2019. THE PURPOSE OF THE PROGRAM IS TO PROVIDE SCHOLARSHIP GRANTS TO DESERVING IMMIRGRANTS AND FOREIGN STUDENTS, MINORITY STUDENTS AND LOW-INCOME STUDENTS. ELIGIBLE STUDENTS WHO ATTEND RECOGNIZED EDUCATIONAL INSTITUTIONS WITH EXPENSES SUCH AS TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES ARE CONSIDERED BASED PRIMARILY UPON FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. THE NUMBER OF GRANTS, THE AMOUNT OF EACH GRANT AND THE PURPOSE OF EACH GRANT WILL BE MADE BY A SCHOLARSHIP COMMITTEE ON A CASE-BY-CASE BASIS. IN 2020 TWO STUDENTS APPLIED FOR, AND RECEIVED SCHOLARSHIP GRANTS, BOTH WERE FOREIGN COUNTRY CITIZENS AND ATTENDED COLLEGES IN THE U.S.
Expenses: $83K
THE FOUNDATION INITIATED A SCHOLARSHIP PROGRAM IN 2019 APPROVED BY THE INTERNAL REVENUE SERVICE ON MARCH 7, 2019. THE PURPOSE OF THE PROGRAM IS TO PROVIDE SCHOLARSHIP GRANTS TO DESERVING IMMIGRANTS AND FOREIGN STUDENTS, MINORITY STUDENTS AND LOW-INCOME STUDENTS. ELIGIBLE STUDENTS WHO ATTEND RECOGNIZED EDUCATIONAL INSTITUTIONS WITH EXPENSES SUCH AS TUITION, FEES, AND OTHER EDUCATIONAL EXPENSES ARE CONSIDERED BASED PRIMARILY UPON FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. THE NUMBER OF GRANTS, THE AMOUNT OF EACH GRANT AND THE PURPOSE OF EACH GRANT WILL BE MADE BY A SCHOLARSHIP COMMITTEE ON A CASE-BY-CASE BASIS. IN 2023 ONE STUDENT APPLIED FOR, AND RECEIVED A SCHOLARSHIP GRANT, THE STUDENT WAS A FOREIGN COUNTRY CITIZEN AND ATTENDED COLLEGE IN THE U.S. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in FL, CO, KS.
Gary Peters Family Foundation Inc. has distributed a total of $1.8M across 95 grants. The median grant size is $6K, with an average of $19K. Individual grants have ranged from $700 to $221K.
Gary Peters Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gary Peters Family Foundation Inc. is headquartered in BOCA RATON, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary M Peters | DIRECTOR | $0 | $0 | $0 |
| Cecilia Peters | DIRECTOR | $0 | $0 | $0 |
| Adam Peters | DIRECTOR | $0 | $0 | $0 |
| Gary Peters | DIRECTOR | $0 | $0 | $0 |
| William Gregory Peters | DIRECTOR | $0 | $0 | $0 |
Total Giving
$454K
Total Assets
$5.5M
Fair Market Value
$5.9M
Net Worth
$5M
Grants Paid
$165K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$278K
Total: $2.8M
Total Grants
95
Total Giving
$1.8M
Average Grant
$19K
Median Grant
$6K
Unique Recipients
42
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spirit Of GivingGENERAL PURPOSE | Boca Raton, FL | $1K | 2023 |
| YmcaGENERAL PURPOSE | Boca Raton, FL | $6K | 2022 |
| Fau Foundation IncGENERAL PURPOSE | Boca Raton, FL | $48K | 2023 |
| Rita DicarloACADEMIC SCHOLARSHIP | Boca Raton, FL | $45K | 2023 |
| Family PromiseGENERAL PURPOSE |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| Jennifer Simmons |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Delray Beach, FL |
| $25K |
| 2023 |
| Sheridan HouseGENERAL PURPOSE | Davie, FL | $10K | 2023 |
| Sabr TopsoccerGENERAL PURPOSE | Boca Raton, FL | $10K | 2023 |
| Boca Raton Police FoundationGENERAL PURPOSE | Boca Raton, FL | $5K | 2023 |
| Cityhouse DelrayGENERAL PURPOSE | Delray Beach, FL | $5K | 2023 |
| Boca West Children'S FoundationGENERAL PURPOSE | Boca Raton, FL | $4K | 2023 |
| Junior League Of Boca RatonGENERAL PURPOSE | Boca Raton, FL | $3K | 2023 |
| Education Foundation Of Palm Beach CountyGENERAL PURPOSE | Boynton Beach, FL | $3K | 2023 |
| Sweet Dream Makers IncGENERAL PURPOSE | Boca Raton, FL | $3K | 2023 |
| Marine Education InitiativeGENERAL PURPOSE | Delray Beach, FL | $2K | 2023 |
| Wounded WarriorsGENERAL PURPOSE | Topeka, KS | $1K | 2023 |
| Fuller CenterGENERAL PURPOSE | Boca Raton, FL | $700 | 2023 |
| Place Of Hope IncGENERAL PURPOSE | Boca Raton, FL | $221K | 2022 |
| Boca Helping HandsGENERAL PURPOSE | Boca Raton, FL | $20K | 2022 |
| Boca Raton RotaryGENERAL PURPOSE | Boca Raton, FL | $10K | 2022 |
| HomesafeGENERAL PURPOSE | Lake Worth, FL | $5K | 2022 |
| Boca Raton Regional Hospital FoundationGENERAL PURPOSE | Boca Raton, FL | $5K | 2022 |
| Community Foundation Palm Beach And Martin CountiesGENERAL PURPOSE | West Palm Beach, FL | $2K | 2022 |
| Palm Beach County Youth For ChristGENERAL PURPOSE | West Palm Beach, FL | $1K | 2022 |
| Faulk Center For CounselingGENERAL PURPOSE | Boca Raton, FL | $1K | 2022 |
| Place Of HopeCHARITABLE/GENERAL PRUPOSE | West Palm Beach, FL | $159K | 2021 |
| Felicia DicarloINDIVIDUAL ACADEMIC SCHOLARSHIP | Boca Raton, FL | $34K | 2021 |
| Boca Raton Regional HospitalCHARTABLE/GENERAL PURPOSES | Boca Raton, FL | $25K | 2021 |
| Marine Education InitativeCHARITABLE/ GENERAL PURPOSE | Boca Raton, FL | $16K | 2021 |
| Youth Activity CenterCHARITABLE/GENERAL PURPOSE | Boca Raton, FL | $15K | 2021 |
| University Of Miami School Of LawCHARTABLE/GENERAL PURPOSE | Coral Gables, FL | $6K | 2021 |
| Hab CenterCHARTABLE/GENERAL PURPOSE | Boca Raton, FL | $5K | 2021 |
| Impact 100 Palm Beach CountyCHARTABLE/GENERAL PURPOSE | Boca Raton, FL | $5K | 2021 |
| Saint Andrews SchoolCHARITABLE/GENERAL PURPOSE | Boca Raton, FL | $4K | 2021 |
| George Snow ScholarCHARTABLE/GENERAL PURPOSE | Boca Raton, FL | $3K | 2021 |
| Way FmCHARITABLE/GENERAL PURPOSE | West Palm Beach, FL | $2K | 2021 |
| Education Foundation Of PbcCHARTABLE/ GENERAL PURPOSES | Boynton Beach, FL | $1K | 2021 |
| Boca Raton Champion S Golf CharitieCHARTIBALE/ GENERAL PURPOSE | Boca Raton, FL | $25K | 2020 |
| Florence Fuller Child DevCHARITABLE/GENERAL PURPOSE | Boca Raton, FL | $20K | 2020 |
| Illiana P Osegueda RomeroINDIVIDUAL ACADEMIC SCHOLARSHIP | Boca Raton, FL | $14K | 2020 |
| Ymca Boca RatonCHARITABLE/ GENERAL PURPOSE | Boca Raton, FL | $5K | 2020 |
| Af Best SecuritiesCHARITABLE/GENERAL PURPOSE | Boca Raton, FL | $3K | 2020 |
| Youth For ChristCHARITABLE/GENERAL PURPOSE | Englewood, CO | $2K | 2020 |
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