Peterson Family Foundation Ii Inc is located in Fairfax, VA. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peterson Family Foundation Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Peterson Family Foundation Ii Inc generated $152.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (63.3%) each year. All expenses for the organization totaled $37.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peterson Family Foundation Ii Inc has awarded 22 individual grants totaling $26,217,160. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, OR RELIGIOUS PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, (I) EDUCATIONAL ORGANIZATIONS DESCRIBED IN SECTION 170(B)(L)(A)(II) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (HEREINAFTER THE "CODE"), AND (II) COMMUNITY FOUNDATIONS OR OTHER SPONSORING ORGANIZATIONS OF DONOR ADVISED FUNDS DESCRIBED IN SECTION 170(B)(L)(A)(VI) OF THE CODE, WHICH ORGANIZATIONS ARE ALSO DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(L) OF THE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William E Peterson Director | 0 | $0 | |
Jennifer L Owens Director | 0 | $0 | |
Willaim D Dolan Director | 0 | $0 | |
David H Wills Director | 0 | $0 | |
Dana E Ring Director | 0 | $0 | |
Jon M Peterson Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $152 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $152 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $37,578 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $300 |
Total expenses | $37,878 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,499 |
Other assets | $0 |
Total assets | $45,499 |
Total liabilities | $0 |
Net assets or fund balances | $45,499 |
Over the last fiscal year, Peterson Family Foundation Ii Inc has awarded $8,045,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
FLINT HILL SCHOOL PURPOSE: GENERAL FUND | $6,025,000 |
GEORGE MASON UNIVERSITY PURPOSE: GENERAL FUND | $2,010,000 |
ST STEPHENS & ST AGNES SCHOOL PURPOSE: GENERAL FUND | $10,000 |