Herman & Katherine Peters Foundation Corp is located in Antioch, IL. The organization was established in 1997. 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. Herman & Katherine Peters Foundation Corp 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, Herman & Katherine Peters Foundation Corp generated $659.5k in total revenue. All expenses for the organization totaled $589.8k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Herman & Katherine Peters Foundation Corp has awarded 62 individual grants totaling $933,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECTLY ATTRIBUTABLE EXPENSE INCURRED IN CONNECTION WITH GRANTS MADE TO OTHER 501C3 ORGANIZATIONS LISTED IN PART XV HEREOF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scot A Leonard President | 25 | $104,109 | |
George Carroll Vice-President | 0.01 | $0 | |
Jeanine Holtsford Vice-President-Secretary | 0.01 | $0 | |
Cyndy Hass Director | 0.01 | $0 | |
James Devine Vice-President-Treasurer | 0.01 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $16 |
Dividends & Interest | $205,332 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $453,950 |
Capital Gain Net Income | $453,950 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $250 |
Total Revenue | $659,548 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $104,109 |
Other employee salaries and wages | $34,200 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,113 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $18,353 |
Total operating and administrative expenses | $256,845 |
Contributions, gifts, grants paid | $333,000 |
Total expenses and disbursements | $589,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $237,807 |
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 | $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 | $5,183,691 |
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 |
Over the last fiscal year, Herman & Katherine Peters Foundation Corp has awarded $333,000 in support to 58 organizations.
Grant Recipient | Amount |
---|---|
Chicago, IL PURPOSE: MEDICAL CONTRIBUTION TO CHILDEN IN NEED | $40,000 |
Geneva, IL PURPOSE: EDUCATION TO CHILDREN AND SUPPORT OF NUTRITION | $30,000 |
GIGI'S PLAYHOUSE PURPOSE: CONTRIBUTION TO CHILDREN IN NEED | $27,500 |
Oklahoma City, OK PURPOSE: SUPPORT TO CHILDREN IN NEED | $20,000 |
Arlington Heights, IL PURPOSE: MEDICAL CONTRIBUTION FOR CHILDREN IN NEED | $20,000 |
White Lake, WI PURPOSE: EDUCATIONAL CONTRIBUTION TO CHILDREN IN NEED | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |