David B Peterson Foundation FY2021 filing

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 26-1606939Revenue $424K in FY2021

On file with the IRS399 Park Avenue 14th Floor, 10022-4614 · New York, NYTax-exempt since Feb 2008Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $176K a year · 38% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
28 mo
of spending, in cash
Looks good: 28.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$424K
-34% vs prior year
Spent
$720K
Net assets
$7.4M
By yearFY2020–FY2024
Revenue
$424K
FY2021▼ -34%
Tap a bar for its year
Revenue by fiscal year
FY2020$640K
FY2021$424K
FY2022$936K
FY2023$146K
FY2024$194K
Expenses
$720K
FY2021▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$657K
FY2021$720K
FY2022$713K
FY2023$655K
FY2024$477K
Net assets
$7.4M
FY2021▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.7M
FY2021$7.4M
FY2022$7.6M
FY2023$7.1M
FY2024$6.8M

From the FY2021 Form 990 (year ending November 2021) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 89% · $642K Operating & administrative 11% · $77K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See David B Peterson Foundation executive salaries →

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Programs and updates

A private foundation based in New York, NY.

Questions for David B Peterson Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 10 grants · $460K · 2023–2023
Harlem AcademyNY · FY2023$200,000
Harlem AcademyNY · FY2023$62,500
Beau Biden Foundation for the Protection of ChildrenFY2023$50,000
Columbia University in the City of New YorkFY2023$25,000
Foundation for Art & Preservation in EmbassiesFY2023$20,000
National Trust for Historic PreservationFY2023$15,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$46K
Median grantPart XV$25K
Largest grantPart XV$200K
Top cause focusNTEEEducation (20%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$424K
Investment income$249K
Gifts and grants$175K
Money out
$720K
Grants paid$642K
Running costs$77K
Owns and owes
$7.4M
net assets
Cash and savings$1.7M
Total assets$7.4M
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$175K
Investment income$249K
Total revenue$424K
Assets in detailEnd of year
Cash and savings together$1.7M
Total assets$7.4M
Liabilities$0
Net assets$7.4M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $194K$477K−$283K$6.8M 990 PDF
FY2023 $146K$655K−$508K$7.1M 990 PDF
FY2022 $936K$713K$222K$7.6M 990 PDF
FY2021 Viewing $424K$720K−$296K$7.4M 990 PDF
FY2020 $640K$657K−$17K$7.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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