Esper A Petersen Foundation
- Assets
- $7.0m
- Revenue
- $904.1k
- Investments
- $5.2m
- Employees
- 0
- Location
- Grayslake, IL
- Founding
- 05/1961
- Data as of
- 12/2023
- EIN
- 36-6125570
Organization Overview
Esper A Petersen Foundation is located in Grayslake, IL. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Esper A Petersen Foundation 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 12/2023, Esper A Petersen Foundation generated $904.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $983.5k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Esper A Petersen Foundation has awarded 253 individual grants totaling $4,236,222. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esper A Petersen Dir/president | 5 | $5,000 | |
Ann Petersen Dir/vp | 5 | $5,000 | |
Esper A Petersen III Director | 1 | $2,000 | |
Stephanie Gullo Secretary | 1 | $1,000 | |
Jennifer Ashworth Asst Secretary | 1 | $1,000 | |
Adam Morley Treasurer | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,989 |
| Dividends & Interest | $202,434 |
| Net Rental Income | $408,923 |
| Net Gain on Sale of Assets | $31,503 |
| Capital Gain Net Income | $31,503 |
| Net ST Capital Gain | $31,503 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $904,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,953 |
| Depreciation | $43,697 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,835 |
| Printing and publications | $0 |
| Other expenses | $210,424 |
| Total operating and administrative expenses | $293,959 |
| Contributions, gifts, grants paid | $689,500 |
| Total expenses and disbursements | $983,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,832 |
| Savings and temporary cash investments | $369,255 |
| 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 | $1,055,967 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,214,486 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,745 |
| Total assets | $6,962,285 |
| 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 | $52,125 |
| Total liabilities | $52,125 |
Grants Awarded
Over the last fiscal year, Esper A Petersen Foundation has awarded $689,500 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
VILLA ESPERANZA PURPOSE: PROVIDE FOR SPECIAL NEEDS CHILDREN, ADULTS AND THEIR FAMILIES | $1,000 |
LOS ANGELES OPERA PURPOSE: SUPPORT THE OPERA'S EDUCATIONAL AND COMMUNITY PROGRAMS | $35,000 |
CEDARS SINAI MEDICAL CENTER PURPOSE: PROVIDE AFFORDABLE HEALTH CARE | $40,000 |
PLANNED PARENTHOOD PURPOSE: PROVIDE AFFORDABLE ACCESS TO A FULL RANGE OF REPRODUCTIVE HEALTH CARE | $30,000 |
WEST LOS ANGELES SYMPHONY INC PURPOSE: TO HELP BRING WORLD-CLASS MUSICAL EXPERIENCES TO THE GREATER LOS ANGELES AREA. | $2,500 |
SALVATION ARMY PURPOSE: SUPPORT THE ADULT REHABILITATION CENTER | $30,000 |