David B Peterson Foundation

NEW YORK, NY EIN: 26-1606939

David B Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 10 grants totaling $460K. Net investment income was $194K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

-4.0% YoY

Annual Giving

$460K

-24.4% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$46K

-32.0% YoY

Under IRS private-foundation payout rules, David B Peterson Foundation reported a distributable amount of $395K for 2024 — the minimum it must pay out in qualifying distributions.

About David B Peterson Foundation

Based on IRS filings

David B Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 10 grants totaling $460K. Net investment income was $194K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Bedford CornersCroton FallsEnglewoodGoldens BridgeHawthorneLathamLos AngelesNew CanaanNew MilfordNew YorkNorth SalemRossSanta BarbaraSouthamptonWashingtonWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$257K$515K$772K$1M20202021202220232024
Metric202420232022
Total Assets$6,810,551$7,093,635$7,602,040
Revenue$193,846$146,221$935,623
Expenses$476,930$654,626$713,469
Qualifying Distributions$476,930$638,126$709,469
Net Investment Income$193,846$171,174$710,623
Distributable Amount$394,579$357,485$383,733

Giving Over Time

Total grant dollars and number of grants per year

$0$163K$327K$490K$654K15 grants202012 grants202112 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HARLEM ACADEMY$200KHARLEM ACADEMY$63KBEAU BIDEN FOUNDATION FO…$50KNEW YORK FOUNDATION FOR …$50KCOLUMBIA UNIVERSITY IN T…$25KHEALING THE CHILDREN NOR…$25KFOUNDATION FOR ART & PRE…$20KNATIONAL TRUST FOR HISTO…$15KENDEAVOR THERAPEUTIC HOR…$10KENDEAVOR THERAPEUTIC HOR…$3K

Grant Size Distribution

58 grants across all recorded years

41<$50K8$50–100K8$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Harlem Academy ($200,000), Harlem Academy ($62,500), Beau Biden Foundation for the Protection of Children ($50,000).

RecipientPurposeAmount
BEAU BIDEN FOUNDATION FOR THE PROTECTION OF CHILDREN WILMINGTON, DETO SUPPORT THE CHARITYS CORE ACTIVITIES.$50,000
COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK NEW YORK, NYTO SUPPORT THE 2024 ONERA PRIZE.$25,000
ENDEAVOR THERAPEUTIC HORSEMANSHIP INC BEDFORD CORNERS, NYTO SUPPORT THE CHARITYS CORE ACTIVITIES.$2,500
ENDEAVOR THERAPEUTIC HORSEMANSHIP INC BEDFORD CORNERS, NYTO SUPPORT THE ENDEAVOR 10TH ANNIVERSARY EVENT.$10,000
FOUNDATION FOR ART & PRESERVATION IN EMBASSIES WASHINGTON, DCTO SUPPORT THE CHARITYS CORE ACTIVITIES.$20,000
HARLEM ACADEMY NEW YORK, NYTO SUPPORT THE CHARITYS CORE ACTIVITIES.$200,000
HARLEM ACADEMY NEW YORK, NYTO SUPPORT FUTURE LEADERS: THE CAPITAL CAMPAIGN FOR HARLEM ACADEMY.$62,500
HEALING THE CHILDREN NORTHEAST INCORPORATED NEW MILFORD, CTTO SUPPORT THE CHARITYS CORE ACTIVITIES.$25,000
NATIONAL TRUST FOR HISTORIC PRESERVATION NEW CANAAN, CTTO SUPPORT THE GLASS HOUSE.$15,000
NEW YORK FOUNDATION FOR THE ARTS INC NEW YORK, NYTO SUPPORT ANALOGUE SITES BY JORGE OTERO-PAILOS, A PUBLIC ART EXHIBITION ON PARK AVENUE NEW YORK.$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID B PETERSONDIRECTOR, CHAIRMAN, PRESIDENT4
MICHAEL A PETERSONDIRECTOR & SECRETARY0.1
MICHAEL SHANKMANTREASURER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David B Peterson Foundation?

David B Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $6.8M in total assets as of 2024.

How large is David B Peterson Foundation?

As of 2024, David B Peterson Foundation holds $6.8M in total assets with $194K in annual revenue. It awarded 10 grants totaling $460K in 2024.

Where does David B Peterson Foundation operate?

David B Peterson Foundation has awarded grants in California, Connecticut, District of Columbia, Delaware, New Jersey, New York.

What size grants does David B Peterson Foundation award?

In 2024, David B Peterson Foundation awarded 10 grants totaling $460K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is David B Peterson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David B Peterson Foundation reported a distributable amount of $395K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David B Peterson Foundation's EIN?

David B Peterson Foundation's EIN (Employer Identification Number) is 26-1606939. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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