Folke H Peterson Charitable Foundation
- Assets
- $1.8m
- Revenue
- $4.8k
- Investments
- $872.6k
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 05/1990
- Data as of
- 11/2023
- EIN
- 65-6040055
Organization Overview
Folke H Peterson Charitable Foundation is located in Orlando, FL. The organization was established in 1990. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Folke H Peterson Charitable 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 11/2023, Folke H Peterson Charitable Foundation generated $4.8k 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 (31.1%) each year. All expenses for the organization totaled $349.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Folke H Peterson Charitable Foundation has awarded 158 individual grants totaling $2,773,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Truist Bank Co-Trustee | 2 | $25,305 | |
Wildlife Care Center Co-Trustee | 1 | $0 | |
University Of Florida Co-Trustee | 1 | $0 | |
University Of Miami Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,076 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,252 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,305 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,324 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $559 |
| Total operating and administrative expenses | $72,012 |
| Contributions, gifts, grants paid | $277,000 |
| Total expenses and disbursements | $349,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,721 |
| 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 | $880,254 |
| Investments—mortgage loans | $0 |
| Investments—other | $872,617 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,792,592 |
| 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, Folke H Peterson Charitable Foundation has awarded $277,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW BEGINNING PET RESCUE PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $5,000 |
CENTER FOR ORANGUTAN & CHIMPANZEE CONSERVATION INC PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $6,000 |
DARBSTER FOUNDATION INC PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $10,000 |
DEFENDERS OF WILDLIFE PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $5,000 |
FLAMINGO GARDENS INC PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $8,000 |
FOSTER PARROTS LTD PURPOSE: PREVENTION OF CRUELTY TO ANIMALS | $5,000 |