Bob & Ginny Peterson Foundation
- Assets
- $710.8k
- Revenue
- $11.1k
- Investments
- $578.6k
- Employees
- 0
- Location
- Dakota Dunes, SD
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 91-1753779
Organization Overview
Bob & Ginny Peterson Foundation is located in Dakota Dunes, SD. The organization was established in 1998. 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. Bob & Ginny 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 12/2022, Bob & Ginny Peterson Foundation generated $11.1k 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 (26.5%) each year. All expenses for the organization totaled $386.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bob & Ginny Peterson Foundation has awarded 206 individual grants totaling $3,084,732. 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 |
|---|---|---|---|
Mark R Peterson President/treasurer | 0 | $0 | |
Susan Depass Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,047 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,119 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,671 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,828 |
| Contributions, gifts, grants paid | $366,000 |
| Total expenses and disbursements | $386,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $122,262 |
| 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 | $10,000 |
| Total assets | $710,815 |
| Accounts payable and accrued expenses | $30,000 |
| 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 | $30,000 |
Grants Awarded
Over the last fiscal year, Bob & Ginny Peterson Foundation has awarded $366,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: UNRESTRICTED | $5,000 |
BUENA VISTA UNIVERSITY PURPOSE: UNRESTRICTED | $100,000 |
ARNOLDS PARK AMUSEMENT PARK PURPOSE: UNRESTRICTED | $25,000 |
CAMP FOSTER YMCA PURPOSE: UNRESTRICTED | $20,000 |
CAMP HIGH HOPES PURPOSE: UNRESTRICTED | $40,000 |
MAPLE VALLEY-ANTHON OTO COMMUNITY SCHOOL DISTRICT PURPOSE: UNRESTRICTED | $5,000 |