Patricia Price Peterson Foundation
- Assets
- $10.2m
- Revenue
- $914.2k
- Investments
- $7.2m
- Employees
- 0
- Location
- Palmetto Bay, FL
- Founding
- 10/1964
- Data as of
- 12/2021
- EIN
- 94-6109098
Organization Overview
Patricia Price Peterson Foundation is located in Palmetto Bay, FL. The organization was established in 1964. 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. Patricia Price 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, Patricia Price Peterson Foundation generated $914.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 18.9% per year over the past 4 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, Patricia Price Peterson Foundation has awarded 52 individual grants totaling $2,852,091. 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 |
|---|---|---|---|
R Price Peterson Secretary | 0 | $0 | |
Erik Peterson President | 0 | $0 | |
Merrill K Bennett Director | 0 | $0 | |
Daniel Peterson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,535 |
| Interest on Savings | $1,650 |
| Dividends & Interest | $169,165 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $713,868 |
| Capital Gain Net Income | $713,868 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $914,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,068 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60 |
| Total operating and administrative expenses | $30,992 |
| Contributions, gifts, grants paid | $1,067,475 |
| Total expenses and disbursements | $1,098,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,587,421 |
| 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 | $3,000 |
| 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 | $1,367,500 |
| Other assets | $0 |
| Total assets | $10,193,906 |
| 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 | $386,000 |
| Total liabilities | $386,000 |
Grants Awarded
Over the last fiscal year, Patricia Price Peterson Foundation has awarded $1,067,475 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ZAMORANO UNIVERSITY PURPOSE: SCHOLARSHIPS | $387,860 |
FOUNDATION BIBLIOTECA DE BOQUETE PURPOSE: PURCHASE AND ESTABLISHMENT OF A PUBLIC PARK FOR THE TOWN OF BOQUETE, PANAMA. | $342,535 |
INCAE PURPOSE: PROVIDE GRADUATE EDUCATION IN COSTA RICA | $100,000 |
PPPF PANAMA PURPOSE: PROGRAM FOR TROPICAL FOREST CONSERVATION, RESEARCH AND EDUCATION. | $35,000 |
PROJECT ABRAHAM PURPOSE: TO COVER DAYCARE EXPENSES FOR LOW INCOME/SINGLE MOTHERS IN JAN JOSE, PANAMA. | $30,000 |
PENNAT PURPOSE: REDUCE CHILD LABOR AND PROVIDE EDUCATION TO AT RISK CHILDREN IN GUATEMALA CITY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |