Henry G & Norma Peterson Charitable Tr
HENRY G & NORMA PETERSON CHARITABLE TR is a private foundation based in Milwaukee, Wisconsin. Its 2025 filing reports 14 grants totaling $128,471, all to recipients in Iowa.
Key facts about Henry G & Norma Peterson Charitable Tr
In short: Henry G & Norma Peterson Charitable Tr gave $128K across 14 grants in 2025 (avg $9K), mostly in Iowa. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 42-6419255
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $128,471
- Grants made (2025)
- 14
- Average grant
- $9,177
- Median grant
- $5,000
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2025)
- Total assets
- $1,880,772
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- How to apply
- The 2023 filing describes applying by letter form and lists Kent A. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.9M
-2.3% YoY
Annual Giving
$128K
+8.6% YoY
Grant Count
14
+0.0% YoY
Avg Grant Size
$9K
+8.6% YoY
Under IRS private-foundation payout rules, Henry G & Norma Peterson Charitable Tr reported a distributable amount of $146K for 2025 — the minimum it must pay out in qualifying distributions.
Is Henry G & Norma Peterson Charitable Tr open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 14 grantees (0%) were first-time recipients. How we count
- 86% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included a scholarship to the University of Iowa Foundation and general operating grants to a range of Iowa organizations. For example, the Des Moines Art Center says it connects people and art through its museum and school; Iowa Public Radio says it connects people to news, music, information, and ideas; and the Science Center of Iowa says it engages and inspires Iowans in lifelong science learning.
Grantmaking
In 2025, the foundation made 14 grants totaling $128,471. Grant sizes ranged from $4,900 to $42,824, with a median grant of $5,000. The largest grant was $42,824 to the University of Iowa Foundation for a scholarship. Other notable grants included $15,000 to Orchard Place Foundation for general operating support, $9,900 to Edmundson Art Foundation for general operating support, and $7,500 each to Des Moines Symphony and Friends of Des Moines Parks for general operating support.
Grant Range
s ranged from $4,900 to $42,824, with a median grant of $5,000. The largest grant was $42,824 to the University of Iowa Foundation for a scholarship. Other notable grants included $15,000 to Orchard Place Foundation for general operating support, $9,900 to Edmundson Art Foundation for general operating support, and $7,500 each to Des Moines Symphony and Friends of Des Moines Parks for general operating support.
Review Cycle
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Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $106K (2019) to $135K (2022). In 2025 it made 14 grants totaling $128K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Iowa Foundation ($43K). Together the top 10 received $109K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 66 grants of 66 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Iowa Foundation Iowa City, IA | Scholarship | $42,824 |
| Orchard Place Foundation Des Moines, IA | General Operating | $15,000 |
| Edmundson Art Foundation Des Moines, IA | General Operating | $9,900 |
| Des Moines Symphony Des Moines, IA | General Operating | $7,500 |
| Friends of Des Moines Parks Des Moines, IA | General Operating | $7,500 |
| Variety Club of Iowa Inc Des Moines, IA | General Operating | $5,847 |
| Iowa Public Radio Des Moines, IA | General Operating | $5,000 |
| Des Moines Metro Opera Indianola, IA | General Operating | $5,000 |
| Ellipsis Johnston, IA | General Operating | $5,000 |
| Youth & Shelter Services Ames, IA | General Operating | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $1,880,772 | $127,424 | $171,345 | $128,471 |
| 2024 | $1,924,698 | $93,399 | $157,863 | $118,282 |
| 2023 | $1,989,164 | $83,073 | $166,998 | $124,373 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,880,772 | $1,924,698 | $1,989,164 |
| Revenue | $127,424 | $93,399 | $83,073 |
| Expenses | $171,345 | $157,863 | $166,998 |
| Qualifying Distributions | $133,911 | $123,438 | $128,684 |
| Net Investment Income | $90,710 | $54,276 | $56,533 |
| Distributable Amount | $146,240 | $133,861 | $122,614 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists U.S. Bank N.A. as corporate trustee and U.S. Bank N.A. as trustee.
Henry G & Norma Peterson Charitable Tr's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
U S Bank N A
Corp. Trustee
Trustee → Corp. Trustee, 2024
On filings since 2019
2 hrs/week
$30K (2019) → $0 (2025)
US Bank N A
Trustee
New on the 2025 filing
1 hr/week
$39K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $39K, to US Bank N a (Trustee).
Contact
Application contact: Kent A Reiff
Mailing address: C/O Us Bank Na 520 Walnut St, Des Moines, IA 50309
Phone: (515) 245-6210
Frequently asked questions about Henry G & Norma Peterson Charitable Tr
How much does Henry G & Norma Peterson Charitable Tr give each year?
Henry G & Norma Peterson Charitable Tr gave $128K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $118K across 14 grants.
What is Henry G & Norma Peterson Charitable Tr's typical grant size?
Henry G & Norma Peterson Charitable Tr's median grant in 2025 was $5,000, and its average grant was $9,177, across 14 grants on its 2025 IRS Form 990-PF.
Where does Henry G & Norma Peterson Charitable Tr give grants?
Henry G & Norma Peterson Charitable Tr gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Des Moines, IA (10 grants).
Does Henry G & Norma Peterson Charitable Tr give general operating support?
Yes: 93% of Henry G & Norma Peterson Charitable Tr's 2025 grants with a stated purpose (13 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Henry G & Norma Peterson Charitable Tr's largest grantees?
Henry G & Norma Peterson Charitable Tr's largest 2025 grantees include University of Iowa Foundation ($42,824), Orchard Place Foundation ($15,000) and Edmundson Art Foundation ($9,900), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is Henry G & Norma Peterson Charitable Tr?
Henry G & Norma Peterson Charitable Tr reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $134K in qualifying distributions that year, against a required minimum of $146K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Henry G & Norma Peterson Charitable Tr fund?
No mission statement for the foundation is provided. Its 2025 grants included a scholarship to the University of Iowa Foundation and general operating grants to a range of Iowa organizations. See mission & focus areas ↑
How do I apply for a grant from Henry G & Norma Peterson Charitable Tr?
The 2023 filing describes applying by letter form and lists Kent A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Henry G & Norma Peterson Charitable Tr's EIN?
Henry G & Norma Peterson Charitable Tr's EIN (Employer Identification Number) is 42-6419255. 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. Research dossier generated September 2026.
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