Lee & Bob Peterson Foundation
- Assets
- $231.9k
- Revenue
- $335.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 83-3723361
Organization Overview
Lee & Bob Peterson Foundation is located in Sarasota, FL. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Lee & Bob Peterson 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 12/2021, Lee & Bob Peterson Foundation generated $335.8k in total revenue. All expenses for the organization totaled $178.9k during the year ending 12/2021. While expenses have increased by 92.3% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSPIRING HOPE DINNER AND JOURNEY TO WELLNESS SYMPOSIUM ITS MISSION TO BRING AWARENESS OF MENTAL HEALTH AND ADDICTION DISORDERS AND ERASE THE STIGMA OF BOTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey R Peterson President | 20 | $0 | |
Marlene M Hauck Vice President | 20 | $0 | |
Erik Arroyo Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $335,720 |
| Interest on Savings | $46 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $335,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $128,389 |
| Printing and publications | $0 |
| Other expenses | $7,886 |
| Total operating and administrative expenses | $140,342 |
| Contributions, gifts, grants paid | $38,550 |
| Total expenses and disbursements | $178,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $231,879 |
| 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 | $231,879 |
| Accounts payable and accrued expenses | $106 |
| 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 | $106 |
Grants Awarded
Over the last fiscal year, Lee & Bob Peterson Foundation has awarded $38,550 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BRAIN & BEHAVIOR RESEARCH FOUNDATION PURPOSE: GENERAL | $35,000 |
Sarasota, FL PURPOSE: GENERAL | $3,050 |
Sarasota, FL PURPOSE: GENERAL | $500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Lee & Bob Peterson Foundation has recieved totaling $77,025.
| Awarding Organization | Amount |
|---|---|
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: HUMAN SERVICES | $43,000 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $18,300 |
The Jewish Federation Of Sarasota-Manatee Inc Sarasota, FL PURPOSE: GENERAL | $10,000 |
Rabaut Family Foundation Great Falls, VA PURPOSE: GENERAL | $5,000 |
Weiner Family Foundation Sarasota, FL PURPOSE: GENERAL | $725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rawlings Foundation Inc Palm Beach, FL | $157,491,316 | $53,710,829 |
Ichauway Inc Newton, GA | $38,010,143 | $29,470,336 |
Elevate Prize Foundation Inc Miami, FL | $25,599,159 | $21,836,715 |
Desai Sethi Foundation Inc miami, FL | $167,397,052 | $1,318,684 |
Mceachern Endowment Fund Inc Powder Springs, GA | $13,981,287 | $6,848,994 |
Malone Family Land Preservation Foundation Hobe Sound, FL | $131,481,954 | $946,463 |
Pebble Hill Foundation Inc Thomasville, GA | $45,568,261 | $2,596,354 |
Worthington Scholarship Foundation Naples, FL | $12,065,797 | $5,368,981 |
The Switzer Family Foundation Inc St Petersburg, FL | $0 | $574,920 |
Bangladesh American Society Of Muslim Aid For Humanity Inc Boca Raton, FL | $701,948 | $2,077,483 |
Elling O Eide Charitable Foundation Inc Sarasota, FL | $66,382,103 | $1,556,208 |
Paul Millsap Foundation Corp Atlanta, GA | $74,268 | $1,325,506 |