Arnold And Margaret Peterson Family Foundation
- Assets
- $2.6m
- Revenue
- $72.5k
- Investments
- $2.5m
- Employees
- 0
- Location
- Balboa Island, CA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-2919688
Organization Overview
Arnold And Margaret Peterson Family Foundation is located in Balboa Island, CA. The organization was established in 2009. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arnold And Margaret 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 12/2022, Arnold And Margaret Peterson Family Foundation generated $72.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $211.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arnold And Margaret Peterson Family Foundation has awarded 57 individual grants totaling $1,207,618. 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 |
|---|---|---|---|
Judith G Tucker President | 5 | $0 | |
Ronald E Peterson Treasurer, D | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $113 |
| Dividends & Interest | $67,597 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,792 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,739 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,679 |
| Total operating and administrative expenses | $26,518 |
| Contributions, gifts, grants paid | $185,000 |
| Total expenses and disbursements | $211,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,193 |
| 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 | $2,603,156 |
| 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, Arnold And Margaret Peterson Family Foundation has awarded $185,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF VENICE PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $40,000 |
CAL STATE NORTHRIDGE PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $5,000 |
FAMILY CRISIS CENTER PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $5,000 |
PROJECT HOPE ALLIANCE PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $5,000 |
ST ANDREWS PRESBYTERIAN CHURCH PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $10,000 |
TAWAWAMI CHILDRENS PROJECT PURPOSE: SUPPORT OF ORGANIZATION'S ACTIVITIES | $10,000 |