Holly Peterson Foundation

NEW YORK, NY EIN: 26-1607014

The Holly Peterson Foundation is a private family foundation based in New York City. Established in 2008, it operates as a 501(c)(3) organization with a focus on discretionary grantmaking to pre-selected charitable organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

-19.3% YoY

Annual Giving

$1.5M

+32.4% YoY

Grant Count

31

-29.5% YoY

Avg Grant Size

$47K

+87.9% YoY

Under IRS private-foundation payout rules, Holly Peterson Foundation reported a distributable amount of $352K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation operates on an invite-only basis with no public application process. All grants are made through trustee discretion and pre-qualified relationships.

Grant Range

$500 to $355,309

Average Grant

$25,000-$34,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New York
  • Florida
  • Rhode Island
  • California
  • Texas
  • Colorado
  • Connecticut

Grant Distribution by State

14states
+6 more states

Cities

AlexandriaAustinBaltimoreBedford CornersBostonBridgehamptonBronxBrooklynDenverGrand RapidsHoustonLong Island CityLos AngelesLouisvilleMiamiMiami ShoresNew YorkPalm BeachProvidenceQueens

Financial History

Multi-year comparison from IRS filings

Assets & Income (as of 2023):

  • Total assets: $5.3-$6.5 million
  • Total annual giving: $1.1 million (2023)
  • Total revenues: $844,314 (2023)
  • Total expenses: $1,135,054 (2023)

Historical Growth: Total assets have grown from $4.1 million in 2010 to $5.3 million in 2023.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$406K$813K$1M$2M20202021202220232024
Metric202420232022
Total Assets$5,261,445$6,521,711$6,812,451
Revenue$217,339$844,314$518,913
Expenses$1,477,605$1,135,054$1,465,609
Qualifying Distributions$1,461,605$1,113,728$1,449,585
Net Investment Income$217,339$833,988$502,898
Distributable Amount$351,582$341,726$408,541

Giving Over Time

Total grant dollars and number of grants per year

$0$364K$727K$1M$1M20 grants202025 grants202132 grants202244 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE STUDIO MUSEUM IN HAR…$355KBROWN UNIVERSITY$175KMETROPOLITAN MUSEUM OF ART$100KSPEED ART MUSEUM$76KSKOWHEGAN SCHOOL OF PAIN…$75KFRIENDS OF THE HIGH LINE$50KTHE BROOKLYN MUSEUM$50KTHE LEUKEMIA & LYMPHOMA …$50KTHE STUDIO MUSEUM IN HAR…$50KWHITNEY MUSEUM OF AMERIC…$50K

Grant Size Distribution

152 grants across all recorded years

111<$50K28$50–100K11$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Studio Museum in Harlem ($355,309), Brown University ($175,000), Metropolitan Museum of Art ($100,000).

RecipientPurposeAmount
BROADWAY FOR ALL NEW YORK, NYTO SUPPORT THE NEXTGEN TICKETING INITIATIVE.$10,000
BROOKLYN CHILDREN'S THEATER BROOKLYN, NYTO SUPPORT THE 2024 GALA.$25,000
BROWN UNIVERSITY PROVIDENCE, RITO SUPPORT THE CHARITY'S ENDOWED SCHOLARSHIP.$175,000
BROWN UNIVERSITY PROVIDENCE, RITO SUPPORT THE CHARITY'S BROWN ANNUAL FUND SCHOLARSHIP.$25,000
ENDEAVOR THERAPEUTIC HORSEMANSHIP INC BEDFORD CORNERS, NYTO SUPPORT THE CHARITY'S CORE ACTIVITIES.$5,000
EQUALITY FLORIDA INSTITUTE INC ST PETERSBURG, FLTO SUPPORT THE EVENT HONORING FRED HOCHBERG.$2,500
FRIENDS OF THE HIGH LINE NEW YORK, NYTO SUPPORT THE CHARITY'S ANNUAL OPERATIONS.$50,000
GRACE CHURCH SCHOOL NEW YORK, NYTO SUPPORT TEACHERS' SALARIES.$40,000
METROPOLITAN MUSEUM OF ART NEW YORK, NYTO SUPPORT THE CHARITY'S CORE ACTIVITIES.$100,000
NEW MUSEUM OF CONTEMPORARY ART NEW YORK, NYTO SUPPORT THE 2024 GALA.$35,000

Leadership & Key People

Leadership team and compensation from IRS filings

Holly Peterson serves as president and chairwoman of the foundation. She is a New York Times bestselling author and former ABC News producer who serves on numerous prestigious boards including The Studio Museum in Harlem, New York Presbyterian Hospital, and The High Line.

The foundation is governed by 3 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HOLLY PETERSONDIRECTOR, CHAIRWOMAN,PRESIDENT1
MICHAEL A PETERSONDIRECTOR, SECRETARY0.1
MICHAEL SHANKMANTREASURER2

Contact Information

Address: 399 Park Avenue, 14th Floor, New York, NY 10022-4614

Phone: 212-542-9243

Website: No public website available

Email: Not publicly available

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Holly Peterson Foundation fund?

The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Holly Peterson Foundation?

**Grant Activity:** • Annual giving: approximately $1.1 million (2023) • Makes approximately 40-44 grants per year • Grant range: $500 to $355,309 • Median grant: $11,000 • Average grant: $25,000-$34,000 **Application Process:** The foundation operates on an invite-only basis with no public application process. All grants are made through trustee discretion and pre-qualified relationships. **Recent Grants (2023):** • Brown University: $175,000 (to support endowed scholarship) • Studio Museum in…

Where does Holly Peterson Foundation make grants?

The foundation primarily funds organizations in: • New York • Florida • Rhode Island • California • Texas • Colorado • Connecticut

What size grants does Holly Peterson Foundation award?

In 2024, Holly Peterson Foundation awarded 31 grants totaling $1.5M — an average of about $47K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Holly Peterson Foundation reported a distributable amount of $352K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Holly Peterson Foundation's EIN?

Holly Peterson Foundation's EIN (Employer Identification Number) is 26-1607014. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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