Fredrick W Petri Foundation
- Assets
- $17.6m
- Revenue
- $18.1m
- Investments
- $12.8m
- Employees
- 0
- Location
- Pleasanton, CA
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-4507210
Organization Overview
Fredrick W Petri Foundation is located in Pleasanton, CA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Fredrick W Petri 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, Fredrick W Petri Foundation generated $18.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 55.3% each year . All expenses for the organization totaled $29.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Fredrick W Petri Foundation has awarded 21 individual grants totaling $1,023,522. 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 |
|---|---|---|---|
Charlotte R Petri Director | 1 | $0 | |
Linda Morasch Secretary | 1 | $0 | |
Paul Healy Treasurer | 1 | $0 | |
Ann P Lichtenstein Director | 1 | $0 | |
Sonja A Petri Director | 1 | $0 | |
Ingrid A Puri Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,023,048 |
| Interest on Savings | $24,705 |
| Dividends & Interest | $101,387 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,663 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,128,477 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,648 |
| Total operating and administrative expenses | $29,682 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,749,521 |
| Savings and temporary cash investments | $0 |
| 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 | $85 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,415,537 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,591,998 |
| Accounts payable and accrued expenses | $14,350 |
| 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 | $14,350 |
Grants Awarded
Over the last fiscal year, Fredrick W Petri Foundation has awarded $35,323 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA PURPOSE: GENERAL ASSISTANCE | $10,302 |
SAN JOSE STATE UNIVERSITY PURPOSE: EDUCATIONAL ASSISTANCE | $25,021 |