Jim and Debbie Petrine Foundation
Jim and Debbie Petrine Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONETA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $749K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-29.1% YoY
Annual Giving
$749K
+190.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$749K
+190.7% YoY
Under IRS private-foundation payout rules, Jim and Debbie Petrine Foundation reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.
About Jim and Debbie Petrine Foundation
Based on IRS filings
Jim and Debbie Petrine Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONETA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $749K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,035,924 | $1,461,099 | $1,575,380 |
| Revenue | $735,850 | $21,281 | $48,391 |
| Expenses | $758,718 | $263,528 | $260,208 |
| Qualifying Distributions | $749,402 | — | — |
| Net Investment Income | $33,325 | $15,677 | $40,514 |
| Distributable Amount | $72,437 | $82,579 | $90,237 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Life Ring Foundation ($749,402).
| Recipient | Purpose | Amount |
|---|---|---|
| LIFE RING FOUNDATION ROANOKE, VA | CANCER RESEARCH | $749,402 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES PETRINE | PRESIDENT | 1 | — |
| DEBORAH PETRINE | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jim and Debbie Petrine Foundation?
Jim and Debbie Petrine Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONETA, VA. It holds $1.0M in total assets as of 2024.
How large is Jim and Debbie Petrine Foundation?
As of 2024, Jim and Debbie Petrine Foundation holds $1.0M in total assets with $736K in annual revenue. It awarded 1 grants totaling $749K in 2024.
Where does Jim and Debbie Petrine Foundation operate?
Jim and Debbie Petrine Foundation has awarded grants in Virginia.
What size grants does Jim and Debbie Petrine Foundation award?
In 2024, Jim and Debbie Petrine Foundation awarded 1 grants totaling $749K — an average of about $749K per grant, based on its IRS Form 990 filings.
How much is Jim and Debbie Petrine Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jim and Debbie Petrine Foundation reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jim and Debbie Petrine Foundation's EIN?
Jim and Debbie Petrine Foundation's EIN (Employer Identification Number) is 82-2947710. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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