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Peterson Family Foundation is a private corporation based in FAIRFAX, VA. The foundation received its IRS ruling in 1998. The principal officer is Milton V Peterson. It holds total assets of $2.4M. Annual income is reported at $5M. Total assets have grown from $1M in 2011 to $4.3M in 2023. The foundation is governed by 5 officers and trustees. The peterson family foundation is dedicated to help individuals of limited financial resources. The foundation has been affiliated with a church in la romana, dominican republic (iglesia africana metodista episcopal a.m.c. Inc.) . The foundation built and is operating a church related daycare/education center. The purpose of the center is to feed children of la romana before and after school, provide a safe playgound are for them to use after school and to provide additional educational assistance to such children. The program currently feeds and educates 250 children. The foundation has also completed the construction of a girls orphanage on the property and is running the orphanage in combination with the church. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Virginia, District of Columbia and Maryland. According to available records, Peterson Family Foundation has made 318 grants totaling $11.6M, with a median grant of $3K. Annual giving has grown from $2.9M in 2021 to $8.7M in 2022. Individual grants have ranged from N/A to $1M, with an average award of $37K. The foundation has supported 146 unique organizations. The foundation primarily supports organizations in Virginia, District of Columbia, Maine, which account for 68% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$3K
Average Grant
$31K
Largest Grant
$1M
Based on 96 grants from the most recent 990-PF filing.
The peterson family foundation is dedicated to help individuals of limited financial resources. The foundaition has been affiliated with a church in la romana, dominican republic. The foundation built and is operating a church related daycare/education center. The purpose of the center is to feed children of la romana before and after school, provide a safe playgound are for them to use after school and to provide additionaleducational assistance to such children. The program currently feeds and educates 250 children. The foundation has just completed the construction of a girls orphanage on the property and is running the orphanage in combination with the church.
Expenses: $130K
The peterson family foundation is dedicated to help individuals of limited financial resources. The foundation has been affiliated with a church in la romana, dominican republic (iglesia africana metodista episcopal a.m.c. Inc.) . The foundation built and is operating a church related daycare/education center. The purpose of the center is to feed children of la romana before and after school, provide a safe playgound are for them to use after school and to provide additional educational assistance to such children. The program currently feeds and educates 250 children. The foundation has also completed the construction of a girls orphanage on the property and is running the orphanage in combination with the church. Based on available records, the foundation has funded 318 grants. Its grantmaking reaches organizations primarily in VA, DC, ME.
Peterson Family Foundation has distributed a total of $11.6M across 318 grants. The median grant size is $3K, with an average of $37K. Individual grants have ranged from N/A to $1M.
Peterson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Peterson Family Foundation is headquartered in FAIRFAX, VA. While based in VA, the foundation distributes grants to organizations across 21 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lauren E Peterson | PRESIDENT | $0 | $0 | N/A |
| Steven B Peterson | DIRECTOR | $0 | $0 | N/A |
| William E Peterson | TREASURER | $0 | $0 | N/A |
| Carolyn S Peterson | SECRETARY | $0 | $0 | N/A |
| Jon M Peterson | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$3.5M
Total Assets
$4.3M
Fair Market Value
$4.3M
Net Worth
$4.3M
Grants Paid
$3.4M
Contributions
$754K
Net Investment Income
$5.5M
Distribution Amount
$221K
Total: $865K
Total Grants
318
Total Giving
$11.6M
Average Grant
$37K
Median Grant
$3K
Unique Recipients
146
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Protestant Episcopal Cathedral FoundationCATHEDRAL RENOVATION | Washington, DC | $1M | 2022 |
| St Stephen'S & St Agnes SchoolRENOVATIONS | Alexandria, VA | $610K | 2022 |
| Youth For TomorrowCONSTRUCTION OF PRUITT CENTER | Bristow, VA | $512K | 2022 |
| Inova Health FoundationLIFE WITH CANCER GREATEST NEED FUND ($250,000) & GENERAL SUPPORT ($165,050) | Falls Church, VA | $415K | 2022 |
| Shenandoah UniversityGENERAL SUPPORT | Winchester, VA | $250K | 2022 |
| George Mason University Foundation IncRENOVATIONF FUND ($200,000) & GENERAL SUPPORT ($27,000) | Fairfax, VA | $227K | 2022 |
| York HospitalRENOVATION FUNDS | York, ME | $208K | 2022 |
| Ogunquit Playhouse FoundationRENOVATION FUND | Ogunquit, ME | $167K | 2022 |
| Inglesia Africana Metodista Episcopal AmeTO FUND OPERATING COSTS OF THE CHURCH RELATED SCHOOL ESCUELA HOGAR EMAS AND HELPFUND THE CHURCH'S FEEDING PROGRAM FOR THE POOR. THE FUNDS COVER PAYROLL, THE FEEDING OFSTUDENTS AND THE POOR IN THE NEIGHBORHOOD, AND OTHER COSTS, SUCH AS UNIFORMS, BOOKS,INTERNET, GAS, ETC. | Ensanche Pereyra La Roman | $123K | 2022 |
| Fairfax United Methodist ChurchGENERAL SUPPORT | Fairfax, VA | $102K | 2022 |
| Potomac Riverkeeper IncGENERAL SUPPORT | Washington, DC | $75K | 2022 |
| Project CureGENERAL SUPPORT | Centennial, CO | $75K | 2022 |
| Northern Virginia Family ServiceGENERAL SUPPORT | Oakton, VA | $65K | 2022 |
| Flint Hill School FoundationGENERAL SUPPORT | Oakton, VA | $50K | 2022 |
| Greater Washington Community FoundationGENERAL SUPPORT | Washington, DC | $35K | 2022 |
| Rainbow Therapeutic Riding CenterGENERAL SUPPORT | Haymarket, VA | $25K | 2022 |
| Loudoun Hunger Relief IncGENERAL SUPPORT | Leesburg, VA | $20K | 2022 |
| Manna Food Center IncGENERAL SUPPORT | Silver Spring, MD | $20K | 2022 |
| York Community Service AssociationGENERAL SUPPORT | York, ME | $20K | 2022 |
| Wake Forest UniversityGENERAL SUPPORT | Winston Salem, NC | $20K | 2022 |
| Middleburg Film FestivalGENERAL SUPPORT | Middleburg, VA | $20K | 2022 |
| York Volunteer Fire Department IncGENERAL SUPPORT | York, ME | $15K | 2022 |
| Westlake Youth Athletic Organization IncGENERAL SUPPORT | Waldorf, MD | $13K | 2022 |
| Alexandria Seaport FoundationGENERAL SUPPORT | Alexandria, VA | $12K | 2022 |
| Food For OthersGENERAL SUPPORT | Fairfax, VA | $11K | 2022 |