The Mitchell Petersen Family Foundation
- Assets
- $0.0
- Revenue
- $92.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Shady Side, MD
- Founding
- Data as of
- 12/2018
- EIN
- 52-6942243
Organization Overview
The Mitchell Petersen Family Foundation is located in Shady Side, MD.
For the year ending 12/2018, Mitchell Petersen Family Foundation generated $92.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 62.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DENVER FOUNDATION - THE DENVER FOUNDATION IS A COMMUNITY FOUNDATION. THEY INSPIRE PEOPLE AND MOBILIZE RESOURCES TO IMPROVE OUR COMMUNITY. DONATION WAS MADE TO TERMINATE THE TRUST
UNIVERSITY OF VA - TO SUPPORT RESEARCH AND EDUCATION IN PEDIATRIC DERMATOLOGY
GREEN GIVE - LOCAL ENVIRONMENTALLY-FOCUSED ONLINE INITIATIVE DESIGNED TO BOTH RAISE FUNDS AND EXPAND RESIDENTS AND BUSINESSES ENGAGEMENT WITH LOCAL ENVIRONMENTAL
AMERICAN UNIVERSITY WAMU.ORG - TO PROVIDE FUNDING FOR HELP MAKE POSSIBLE AWARD-WINNING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Petersen Director | 10 | $8,000 | |
Danielle Petersen Director | 2 | $0 | |
Nancy Mitchell Petersen Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $293 |
| Dividends & Interest | $30,985 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,789 |
| Capital Gain Net Income | $60,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,709 |
| Total operating and administrative expenses | $33,031 |
| Contributions, gifts, grants paid | $1,303,386 |
| Total expenses and disbursements | $1,336,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, The Mitchell Petersen Family Foundation has awarded $1,303,386 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE DENVER FOUNDATION PURPOSE: THE DENVER FOUNDATION IS A COMMUNITY FOUNDATION. THEY INSPIRE PEOPLE AND MOBILIZE RESOURCES TO IMPROVE OUR COMMUNITY. DONATION WAS MADE TO TERMINATE THE TRUST AND DISTRIBUTE ASSETS | $984,778 |
THE DENVER FOUNDATION PURPOSE: THE DENVER FOUNDATION IS A COMMUNITY FOUNDATION. THEY INSPIRE PEOPLE AND MOBILIZE RESOURCES TO IMPROVE OUR COMMUNITY. DONATION WAS MADE TO TERMINATE THE TRUST AND DISTRIBUTE | $140,467 |
UNIVERSITY OF VA PURPOSE: TO SUPPORT RESEARCH AND EDUCATION IN PEDIATRIC DERMATOLOGY | $100,000 |
GREEN GIVE PURPOSE: LOCAL ENVIRONMENTALLY-FOCUSED ONLINE INITIATIVE DESIGNED TO BOTH RAISE FUNDS AND EXPAND RESIDENTS AND BUSINESSES ENGAGEMENT WITH LOCAL ENVIRONMENTAL ORGANIZATIONS, ISSUES, PROJECTS AND ACTIONS. | $40,000 |
AMERICAN UNIVERSITY WAMUORG PURPOSE: TO PROVIDE FUNDING FOR HELP MAKE POSSIBLE AWARD-WINNING PROGRAMS | $18,141 |
WATERSHED STEWARDS ACADEMY PURPOSE: TO HELP FUND RESORING WATERWAYS OF ANNE ARUNDEL COUNTY | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |