Herman & Katherine Peters Foundation Corp
- Assets
- $4.6m
- Revenue
- -$102.1k
- Investments
- $4.3m
- Employees
- 0
- Location
- Antioch, IL
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 36-4180010
Organization Overview
Herman & Katherine Peters Foundation Corp is located in Antioch, IL. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herman & Katherine Peters Foundation Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Herman & Katherine Peters Foundation Corp has awarded 62 individual grants totaling $866,850. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECTLY ATTRIBUTABLE EXPENSE INCURRED IN CONNECTION WITH GRANTS MADE TO OTHER 501(C)(3) ORGANIZATIONS LIST IN PART XV HEREOF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scot A Leonard Director/pre | 20 | $108,392 | |
Jeanine Holtsford Director | 0.01 | $0 | |
George Carroll Director | 0.01 | $0 | |
James Devine Director | 0.01 | $0 | |
Cyndy Hass Director | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $137 |
| Dividends & Interest | $95,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$199,017 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,093 |
| Total Revenue | -$102,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $108,392 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $61,133 |
| Interest | $0 |
| Taxes | $7,814 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $736 |
| Total operating and administrative expenses | $243,903 |
| Contributions, gifts, grants paid | $233,600 |
| Total expenses and disbursements | $477,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,780 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,604,099 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herman & Katherine Peters Foundation Corp has awarded $233,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIPS - SEE ATTACHED-NC PURPOSE: EDUCATION | $55,000 |
GRANTS - SEE ATTACHED-PC PURPOSE: CHARITABLE | $178,600 |