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Marguerite Petersen Foundation is a private corporation based in RENO, NV. The foundation received its IRS ruling in 2002. The principal officer is Robert E Armstrong. It holds total assets of $3M. Annual income is reported at $1.5M. The foundation is governed by 4 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 2015 to 2024. Grantmaking is concentrated in Nevada. According to available records, Marguerite Petersen Foundation has made 26 grants totaling $1M, with a median grant of $35K. The foundation has distributed between $200K and $580K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $580K distributed across 14 grants. Individual grants have ranged from $5K to $125K, with an average award of $39K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$36K
Average Grant
$38K
Largest Grant
$70K
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.
Marguerite Petersen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in NV.
Marguerite Petersen Foundation has distributed a total of $1M across 26 grants. The median grant size is $35K, with an average of $39K. Individual grants have ranged from $5K to $125K.
Marguerite Petersen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marguerite Petersen Foundation is headquartered in RENO, NV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas A Petersen | TRUSTEE/DIRECTOR | $12K | $0 | $12K |
| Steven K Petersen | TRUSTEE/TREASURER | $12K | $0 | $12K |
| Kathleen P Dees | TRUSTEE/PRESIDENT/SECRETAR | $12K | $0 | $12K |
| Robert E Armstrong | TRUSTEE/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3M
Fair Market Value
N/A
Net Worth
$3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
26
Total Giving
$1M
Average Grant
$39K
Median Grant
$35K
Unique Recipients
5
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carson Valley Community Food ClosetPROGRAM FUNDING FOR 2023-24 | Gardnerville, NV | $50K | 2023 |
| Boys & Girls Club Of Truckee MeadowsOPERATING COSTS OF MARGE'S CAMP | Reno, NV | $50K | 2023 |
| Food Bank Of Northern NevadaSENIOR FOOD BOXES, FEEDING SENIORS INITIATIVE | Sparks, NV | $40K | 2023 |
| Northern Nevada Children'S Cancer FoundationFAMILY ASSISTANCE FUND AND INSPIRE SCHOLARSHIP PROGRAM | Reno, NV | $35K | 2023 |
| Nevada Diabetes AssociationEMERGENCY MEDICAL ASSISTANCE PROGRAM | Las Vegas, NV | $15K | 2023 |