Joel and Diana Peterson

Private foundation · Grantmaker Salt Lake City, UT EIN: 87-0624155

Joel and Diana Peterson is a private foundation based in Salt Lake City, Utah. It made 22 grants totaling $170,501 in 2024 and states that it contributes only to preselected charitable organizations.

Joel and Diana Peterson at a glance

In short: Joel and Diana Peterson gave $171K across 22 grants in 2024 (avg $8K), mostly in Utah. 59% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$170,501
+6.9% vs 2023
Grants made (2024)
22
+10.0% vs 2023
Average grant
$7,750
-2.8% vs 2023
Median grant
$5,000
Total assets
$3,616,596
+3.3% vs 2023
New grantees (estimate)
59% first-time grantees (13 of 22, 2024; small sample)
Primary geography
Utah (53% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Joel and Diana Peterson

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 2755 E Cottonwood Parkway Ste 400, Salt Lake City, UT 84121
Phone: (801) 417-0770

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Joel and Diana Peterson funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Gifted Music School: $25KGifted Music School$25KPrager University Foundation: $25KPrager University Foundation$25KIntermountain Foundation: $22KIntermountain Foundation$22KHarvard University: $17KHarvard University$17KThe Policy Project: $15KThe Policy Project$15KStanford University: $12KStanford University$12KEden People Planet: $11KEden People Planet$11KTeam Hydro Foundation: $11KTeam Hydro Foundation$11KUtah Food Bank: $7KUtah Food Bank$7KSaprea: $5KSaprea$5K

The largest 2024 recipient was Gifted Music School ($25K). Together the top 10 received $148K.

Grant Size Distribution

117 grants across all recorded years

117<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 117 grants of 117 (100%).

Geographic Focus

Where this funder awards grants

In 2024, 53% of grant dollars went to recipients in Utah, 28% to California, 10% to Massachusetts, 6% to Pennsylvania, and 2% to Arizona.

Grant Distribution by State

14states

Share of 2024 grant dollars across all 22 itemized grants.

Cities

Salt Lake CityLehiPark CityLoganMalvernStanfordBostonCambridgePhoenixProvoSherman OaksHighlandNew YorkWashingtonBoca RatonCedar CityDenverSan FranciscoSandyAustin

Is Joel and Diana Peterson open to new grantees?

59%

first-time grantees, 2024

In 2024, 13 of 22 grantees (59%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $4K; repeat grants $13K. How we count

Medians: $288 first-time, $11K repeat.

  • 32% of 2024 grantees were also funded in 2023. Method
  • Giving grew 22% from 2021 to 2024. Method
  • In 2024 it paid out 95% 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 (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K25 grants2020 30 grants2021 20 grants2022 20 grants2023 22 grants2024

From 2020 to 2024, annual grant giving ranged from $120K (2020) to $180K (2022). In 2024 it made 22 grants totaling $171K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Gifted Music School Salt Lake City, UTSupport$25,000
Prager University Foundation Sherman Oaks, CASupport$24,500
Intermountain Foundation Salt Lake City, UTSupport$21,500
Harvard University Cambridge, MASupport$17,250
The Policy Project Salt Lake City, UTSupport$15,113
Stanford University Stanford, CASupport$11,750
Eden People Planet Murrieta, CASupport$10,750
Team Hydro Foundation Malvern, PASupport$10,750
Utah Food Bank Salt Lake City, UTSupport$6,500
Saprea Lehi, UTSupport$5,250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$3,616,596$277,889$161,934$170,50122$160,501$277,889$169,238
2023$3,500,641$53,543$159,718$159,50020$159,500$52,686$164,681
2022$3,606,816$-2,936$194,085$180,00020$180,000$983$175,593
2021$3,803,837$768,091$141,217$140,00030$140,000$765,553$161,568
2020$3,176,963$1,519,207$134,355$120,13525—$8,178$143,005

Under IRS private-foundation payout rules, Joel and Diana Peterson reported a distributable amount of $169K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation’s own filing does not state a mission. Its 2024 grants went to organizations with varied missions. For example, Prager University Foundation describes its mission as promoting American and Judeo-Christian values through digital media, while The Policy Project says it works to remove barriers to opportunity through solution-based policy. Other recipients describe work that includes hydrocephalus research, supporting people affected by child sexual abuse, refugee connections, child safety and well-being, children’s media literacy, and preventing child abuse. These are the grantees’ stated missions, not stated missions of the foundation.

Grantmaking

In 2024, the foundation gave $170,501 through 22 grants. Grant amounts ranged from $100 to $25,000, with a median grant of $5,000.

Among its largest 2024 grants were $25,000 to Gifted Music School, $24,500 to Prager University Foundation, $21,500 to Intermountain Foundation, $17,250 to Harvard University, $15,113 to The Policy Project, and $11,750 to Stanford University. Each was listed with the purpose “support.”

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Kevin Mitchell as president, Andy Adams as secretary-treasurer, and Clint Peterson as director.

Joel and Diana Peterson is led by Kevin Mitchell, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kevin Mitchell

    President

    On filings since 2020

    No compensation reported

  • Clint Peterson

    Director

    On filings since 2020

    No compensation reported

  • Andy Adams

    Secretary-Tr

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Joel and Diana Peterson

How much does Joel and Diana Peterson give each year?

Joel and Diana Peterson gave $171K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $160K across 20 grants.

What is Joel and Diana Peterson's typical grant size?

Joel and Diana Peterson's median grant in 2024 was $5,000, and its average grant was $7,750, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Joel and Diana Peterson that year got $4K on average.

Where does Joel and Diana Peterson give grants?

Joel and Diana Peterson gives mostly in Utah: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (28%) and Massachusetts (10%). The most frequent recipient cities were Salt Lake City, UT (6 grants) and Logan, UT (2 grants).

Does Joel and Diana Peterson give general operating support?

Not in 2024: none of the 22 grants with a stated purpose on Joel and Diana Peterson's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (22 grants).

Who are Joel and Diana Peterson's largest grantees?

Joel and Diana Peterson's largest 2024 grantees include Gifted Music School ($25,000), Prager University Foundation ($24,500) and Intermountain Foundation ($21,500), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.

How large is Joel and Diana Peterson?

Joel and Diana Peterson reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $161K in qualifying distributions that year, against a required minimum of $169K (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 Joel and Diana Peterson fund?

The foundation’s own filing does not state a mission. Its 2024 grants went to organizations with varied missions. See mission & focus areas ↑

How do I apply for a grant from Joel and Diana Peterson?

The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Joel and Diana Peterson's EIN?

Joel and Diana Peterson's EIN (Employer Identification Number) is 87-0624155. IRS Form 990 filing data is available on this page for 2020–2024.

Does Joel and Diana Peterson accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Joel and Diana Peterson funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/joel-and-diana-peterson-morg_72d4a4c9a10d4c3dbee8174a94d50bdd

BibTeX
@misc{grantable_870624155_2026,
  author       = {{Grantable}},
  title        = {{Joel and Diana Peterson funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/joel-and-diana-peterson-morg_72d4a4c9a10d4c3dbee8174a94d50bdd},
  note         = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Joel and Diana Peterson'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.

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