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Millard E Peterson Charitable Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2011. The principal officer is Wells Fargo Private Client Servic. It holds total assets of $1.2M. Annual income is reported at $694K. Total assets have grown from $695K in 2010 to $1.2M in 2022. The foundation is governed by 1 officer or trustee. 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. Grantmaking is concentrated in Montana. According to available records, Millard E Peterson Charitable Trust has made 9 grants totaling $275K, with a median grant of $28K. Annual giving has grown from $87K in 2021 to $188K in 2022. Individual grants have ranged from $17K to $47K, with an average award of $31K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$19K
Median Grant
$28K
Average Grant
$31K
Largest Grant
$47K
Based on 3 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.
Millard E Peterson Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MT.
Millard E Peterson Charitable Trust has distributed a total of $275K across 9 grants. The median grant size is $28K, with an average of $31K. Individual grants have ranged from $17K to $47K.
Millard E Peterson Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Millard E Peterson Charitable Trust is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $22K | $0 | $22K |
Total Giving
$108K
Total Assets
$1.2M
Fair Market Value
$1.7M
Net Worth
$1.2M
Grants Paid
$79K
Contributions
N/A
Net Investment Income
$67K
Distribution Amount
$77K
Total: $268K
Total Grants
9
Total Giving
$275K
Average Grant
$31K
Median Grant
$28K
Unique Recipients
4
Most Common Grant
$47K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Culbertson High SchoolGENERAL OPERATING | Culbertson, MT | $47K | 2022 |
| Rocky Mountain CollegeGENERAL OPERATING | Billings, MT | $28K | 2022 |
| Grace And Peace ChurchGENERAL OPERATING | Culbertson, MT | $19K | 2022 |
| Culbertson Methodist ChurchGENERAL OPERATING | Culbertson, MT | $17K | 2021 |