Jeffrey And Karen Peterson Family Foundation
- Assets
- $0.0
- Revenue
- -$51.1k
- Investments
- $250.0k
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 72-1550569
Organization Overview
Jeffrey And Karen Peterson Family Foundation is located in Los Gatos, CA. The organization was established in 2003. 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. Jeffrey And Karen Peterson Family 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 12/2021, Jeffrey And Karen Peterson Family Foundation generated -$51.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $135.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jeffrey And Karen Peterson Family Foundation has awarded 53 individual grants totaling $1,447,959. 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 |
|---|---|---|---|
Jeffrey Peterson President | 8 | $18,000 | |
Gary Pitchford Treasurer | 2 | $0 | |
Erin Gates Secretary | 1 | $38,608 | |
Kort Peterson Director | 0.5 | $0 | |
Eric Peterson Director | 0.5 | $10,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,225 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$171,303 |
| Total Revenue | -$51,077 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $69,808 |
| Pension plans, employee benefits | $17,691 |
| Depreciation | $0 |
| Occupancy | $1,906 |
| Travel, conferences, and meetings | $292 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $112,552 |
| Contributions, gifts, grants paid | $22,986 |
| Total expenses and disbursements | $135,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $250,000 |
| Other assets | $525 |
| Mortgages and other notes payable | $71,700 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jeffrey And Karen Peterson Family Foundation has awarded $75,067 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GREAT ORMOND STREET CHILDREN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $25,067 |
UCSF FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
UCLA FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |