John M And Gertrude E Petersen Foundation
- Assets
- $5.9m
- Revenue
- $467.8k
- Investments
- $4.6m
- Employees
- 0
- Location
- Erie, PA
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 25-1859031
Organization Overview
John M And Gertrude E Petersen Foundation is located in Erie, PA. The organization was established in 2001. 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. John M And Gertrude E 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 12/2022, John M And Gertrude E Petersen Foundation generated $467.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John M And Gertrude E Petersen Foundation has awarded 204 individual grants totaling $9,791,411. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Chalikian President | 0 | $0 | |
Michael P Thomas Secretary | 0 | $0 | |
Richard C Petersen Jr Executive Di | 0 | $0 | |
Patricia A Rickloff Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $467,802 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31 |
| Capital Gain Net Income | $31 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $467,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37 |
| Total operating and administrative expenses | $83,407 |
| Contributions, gifts, grants paid | $1,114,500 |
| Total expenses and disbursements | $1,197,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,959 |
| Savings and temporary cash investments | $1,280,632 |
| 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 | $3,305 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,859,802 |
| 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, John M And Gertrude E Petersen Foundation has awarded $1,114,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA 6000 PURPOSE: GENERAL SUPPORT | $145,500 |
BOYS AND GIRLS CLUB OF ERIE INC PURPOSE: GENERAL SUPPORT | $5,000 |
COMMUNITY COUNTRY DAY SCHOOL PURPOSE: GENERAL SUPPORT | $39,000 |
EMMAUS MINISTRIES INC PURPOSE: GENERAL SUPPORT | $5,000 |
ERIE CITY MISSION PURPOSE: GENERAL SUPPORT | $10,000 |
ERIE ZOO PURPOSE: CAPITAL CAMPAIGN | $700,000 |