Michael a Peterson Foundation

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 26-1607103

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

Before you give

FY2024 · 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
3 of 5
filings with a surplus
Average deficit $162K a year · 41% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
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
$263K
-52% vs prior year
Spent
$478K
Net assets
$6.3M
By yearFY2020–FY2024
Revenue
$263K
FY2024▼ -52%
Revenue by fiscal year
FY2020$65K
FY2021$551K
FY2022$535K
FY2023$543K
FY2024$263K
Expenses
$478K
FY2024▲ +20%
Expenses by fiscal year
FY2020$943K
FY2021$504K
FY2022$445K
FY2023$397K
FY2024$478K
Net assets
$6.3M
FY2024▼ -3%
Net assets by fiscal year
FY2020$6.3M
FY2021$6.3M
FY2022$6.4M
FY2023$6.6M
FY2024$6.3M

From the FY2024 Form 990 (year ending November 2024) · see the original

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 97% · $461K Operating & administrative 3% · $17K

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

Who runs it and what they're paid

2 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director, Chairman, Pres, Secy
$0Pt VII · Sec A
$0Pt VII · Sec A
See Michael a Peterson Foundation executive salaries →

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Programs and updates

A private foundation based in New York, NY.

Provided by the organization

This section is blank until Michael a Peterson Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 9 grants · $461K · 2023–2023
Phillips AcademyFY2023$150,000
Community Foundation for the CsraFY2023$100,000
Northwestern UniversityIL · FY2023$50,000
Dwight-Englewood SchoolNJ · FY2023$50,000
Northwestern UniversityIL · FY2023$25,000
WnetNY · FY2023$10,000
The American Fund for LseNY · FY2023$10,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$51K
Median grantPart XV$50K
Largest grantPart XV$150K
Top cause focusNTEERecreation & Sports (22%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$263K
Investment income$263K
Other income$62
Money out
$478K
Grants paid$461K
Running costs$17K
Owns and owes
$6.3M
net assets
Cash and savings$22K
Total assets$6.3M
Liabilities$0
People
2
listed
Paid0
2In more detail
Revenue in detail
Investment income$263K
Other income$62
Total revenue$263K
Assets in detailEnd of year
Cash and savings together$22K
Total assets$6.3M
Liabilities$0
Net assets$6.3M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $263K$478K−$215K$6.3M 990 PDF
FY2023 $543K$397K$146K$6.6M 990 PDF
FY2022 $535K$445K$91K$6.4M 990 PDF
FY2021 $551K$504K$47K$6.3M 990 PDF
FY2020 $65K$943K−$878K$6.3M 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) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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