Joel & Diana Peterson Family Foundation
- Assets
- $3.5m
- Revenue
- $53.5k
- Investments
- $3.5m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 87-0624155
Organization Overview
Joel & Diana Peterson Family Foundation is located in Salt Lake City, UT. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Joel & Diana Peterson Family 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 12/2023, Joel & Diana Peterson Family Foundation generated $53.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $159.7k during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 5 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, Joel & Diana Peterson Family Foundation has awarded 95 individual grants totaling $599,635. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Mitchell President | 0 | $0 | |
Andy Adams Secretary-Tr | 0 | $0 | |
Clint Peterson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49,987 |
| Dividends & Interest | $2,699 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $857 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $177 |
| Total operating and administrative expenses | $218 |
| Contributions, gifts, grants paid | $159,500 |
| Total expenses and disbursements | $159,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,583 |
| Savings and temporary cash investments | $4,395 |
| 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 | $3,399,754 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,500,641 |
| 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, Joel & Diana Peterson Family Foundation has awarded $159,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHALLENGER SCHOOL PURPOSE: SUPPORT | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: SUPPORT | $7,000 |
FILL THE POT MINISTRY PURPOSE: SUPPORT | $1,000 |
GIFTED MUSIC SCHOOL PURPOSE: SUPPORT | $32,500 |
GIVE DIRECTLY INC PURPOSE: SUPPORT | $10,000 |
HEAL CHILD SKIN DISEASE PURPOSE: SUPPORT | $3,000 |