Carol a Peterson Foundation
Carol a Peterson Foundation is a private foundation, based in Cranston, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $161K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $18K.
Carol a Peterson Foundation at a glance
In short: Carol a Peterson Foundation gave $20K across 1 grant in 2025 (avg $20K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $20,000
- +0.0% vs 2024
- Median grant
- $20,000
- Total assets
- $161,357
- -2.9% vs 2024
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Carol a Peterson Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Providence Children's Museum ($20K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 6 grants of 8 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Carol a Peterson Foundation gives
- Giving fell 71% from 2022 to 2025. Method
- In 2025 it paid out 198% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $20K (2023) to $267K (2019). In 2025 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Providence Children's Museum Providence, RI | General Support | $20,000 |
Ready to take the next step with Carol a Peterson Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $161,357 | $17,820 | $22,590 | $20,000 | 1 | $22,190 | $17,820 | $11,192 |
| 2024 | $166,127 | $18,947 | $22,223 | $20,000 | 1 | $22,060 | $18,784 | $11,127 |
| 2023 | $169,403 | $7,882 | $21,816 | $20,000 | 1 | $20,070 | $6,136 | $11,766 |
| 2022 | $185,907 | $21,721 | $72,399 | $70,000 | 2 | $70,070 | $19,392 | $11,341 |
| 2021 | $237,026 | $32,649 | $68,356 | $66,000 | 3 | $66,050 | $30,343 | $15,763 |
| 2020 | $272,985 | $75,085 | $87,411 | $85,000 | 4 | — | $17,628 | $16,797 |
| 2019 | $318,291 | $14,231 | $269,176 | $267,346 | 6 | — | $12,451 | $22,228 |
Under IRS private-foundation payout rules, Carol a Peterson Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Carol a Peterson Foundation is led by Carol Peterson, President & Treasurer on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Peterson
President & Treasurer
On filings since 2019
0.1 hrs/week
No compensation reported
Edward Pieroni
Vice President
On filings since 2019
0.1 hrs/week
No compensation reported
Melissa Burnett-Testa
Secretary
On filings since 2019
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Carol a Peterson Foundation
How much does Carol a Peterson Foundation give each year?
Carol a Peterson Foundation gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 1 grant.
How large is Carol a Peterson Foundation?
Carol a Peterson Foundation reported $161K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
Where does Carol a Peterson Foundation operate?
Carol a Peterson Foundation has awarded grants in Rhode Island.
What is Carol a Peterson Foundation's EIN?
Carol a Peterson Foundation's EIN (Employer Identification Number) is 05-0514676. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Carol a Peterson Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Rhode Island
United Way of Rhode Island Inc
Providence, RI
United Way of Rhode Island funds Rhode Island nonprofits working on economic security, children’s learning, housing, food access, safety, and related community needs. In 2025, grants ranged from $5,008 to $547,033, with a median of $15,000; its emergency grants offer up to $50,000, with average awards of $25,000–$30,000. It accepts applications for emergency grants on a rolling basis.
Assets
$30.1M
Grants
282
Total Given
$8.0M
Washington Trust Co Charitable Fdn
Westerly, RI
The foundation supports affordable housing and community revitalization, economic development, youth and family services, health, arts and culture, education, and conservation in Rhode Island, Massachusetts, and southeastern Connecticut. Its 2025 grants ranged from $250 to $61,000, with a median of $2,500. It accepts requests by letter, with proposals due October 1 each year.
Assets
$1.1M
Grants
138
Total Given
$832K
The Rhode Island Community Foundation
Providence, RI
The Rhode Island Community Foundation funds nonprofits and community efforts in areas including education, arts and culture, housing, health, climate action, and economic mobility. Its 2024 grants had a median of about $23,940, with giving concentrated in Rhode Island; the profile does not state whether it accepts unsolicited requests.
Assets
$1.3B
Grants
977
Total Given
$72.0M
CVS Health Charity Classic Inc
Woonsocket, RI
CVS Health Charity Classic supported a varied group of nonprofits, with 2023 grants including Rhode Island and Massachusetts organizations and one Florida recipient. Its 35 grants totaled about $834,000, with listed awards ranging from $20,000 to $50,000; it made no grants in 2024 and dissolved in August 2024. No unsolicited-request policy is stated.
Assets
—
Grants
0
Total Given
$87
The Champlin Foundation
Pittsburgh, PA
The Champlin Foundation funds capital needs—such as equipment and facilities—for nonprofits in areas including education, healthcare, arts, conservation, and social services; it does not fund programs or general operations. Its 2024 grants had a median of about $50,000, though first-time awards are typically $25,000 or less, and its grantmaking primarily serves Rhode Island. The profile does not state whether it accepts unsolicited requests.
Assets
$456.6M
Grants
213
Total Given
$18.1M
Citizens Community Foundation
Johnston, RI
Citizens Community Foundation supports Rhode Island organizations across areas including education, health, foster care, and environmental protection. Its 2025 grants ranged from $5,000 to $50,000, with a median of $15,000; its 2024 filing says it does not limit giving to preselected organizations and lists a letter as the application material.
Assets
$6.3M
Grants
19
Total Given
$370K
More similar funders
More Funders in Rhode Island
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Carol a Peterson Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Carol a Peterson Foundation down — hundreds of funders to go?