Patricia Price Peterson Foundation
- Assets
- $10.3m
- Revenue
- $749.6k
- Investments
- $7.9m
- Employees
- 0
- Location
- Palmetto Bay, FL
- Founding
- 10/1964
- Data as of
- 12/2022
- 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 12/2022, Patricia Price Peterson Foundation generated $749.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $785.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Patricia Price Peterson Foundation has awarded 50 individual grants totaling $2,737,830. 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 |
|---|---|---|---|
Erik Peterson President | 0 | $0 | |
R Price Peterson Secretary | 0 | $0 | |
Merrill K Bennett Director | 0 | $0 | |
Daniel Peterson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $145,214 |
| Interest on Savings | $4,758 |
| Dividends & Interest | $152,960 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $446,635 |
| Capital Gain Net Income | $446,635 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $749,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $7,466 |
| Contributions, gifts, grants paid | $778,047 |
| Total expenses and disbursements | $785,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $986,801 |
| 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 | $10,262,940 |
| 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 | $490,980 |
| Total liabilities | $490,980 |
Grants Awarded
Over the last fiscal year, Patricia Price Peterson Foundation has awarded $778,047 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ADA PURPOSE: SEEKING TO IMPROVE EDUCATION IN COSTA RICA | $10,000 |
ANAI PURPOSE: PROVIDING EDUCATION ON NATURE CONSERVATION IN COSTA RICA AND PANAMA | $500 |
CO-ED PURPOSE: PROVIDING EDUCATION TO RURAL INDIGENOUS COMMUNITIES IN GUATEMALA | $15,000 |
CASA HOGAR TRISKER PURPOSE: FOSTER CARE FOR AT RISK CHILDREN | $16,378 |
PROJECTO BRUNA PURPOSE: PROGRAM FOR ENVIRONMENTAL EDUCATION OF LOCAL SCHOOLCHILDREN AND TEACHERS. | $1,200 |
CONTEXTOS PURPOSE: PROVIDING EDUCATION TO KIDS IN NICARAGUA | $25,000 |