Lee And Kay Peterson Family Foundation Inc
- Assets
- $299.4k
- Revenue
- $7.9k
- Investments
- $217.7k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-1945029
Organization Overview
Lee And Kay Peterson Family Foundation Inc is located in Wilmington, DE. The organization was established in 2006. 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. Lee And Kay Peterson Family Foundation Inc 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, Lee And Kay Peterson Family Foundation Inc generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlton James Peterson Dir | 1 | $0 | |
Viva Katherine Peterson Dir, VP | 1 | $0 | |
Carlton Lee Peterson Pres, Dir, Sec | 1 | $0 | |
Lisa Jane Rutherford Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57 |
| Dividends & Interest | $4,412 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,424 |
| Capital Gain Net Income | $3,424 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,893 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,025 |
| Total operating and administrative expenses | $5,255 |
| Contributions, gifts, grants paid | $9,600 |
| Total expenses and disbursements | $14,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,689 |
| 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 | $299,406 |
| 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, Lee And Kay Peterson Family Foundation Inc has awarded $9,600 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY UNITED METHODIST CHURCH PURPOSE: GENERAL & UNRESTRICTED | $6,500 |
Toppenish, WA PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Boone, NC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
San Diego, CA PURPOSE: GENERAL & UNRESTRICTED | $500 |
FELLOWSHIP OF CHRISTIAN ATHLETES - YAKIMA WA PURPOSE: GENERAL & UNRESTRICTED | $250 |
WYCLIFFE ASSOCIATES INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rita Allen Foundation Princeton, NJ | $219,012,203 | $23,878,841 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
Atlantic Foundation Hamilton, NJ | $71,880,730 | $9,586,711 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Hyde And Watson Foundation Warren Township, NJ | $97,089,662 | $14,479,449 |
Horizon Charitable Foundation Inc Newark, NJ | $76,993,498 | $4,728,445 |
Margaret A@darrin Charitable Trust Florham Park, NJ | $119,124,221 | $14,435,367 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |