Lee & Bob Peterson Foundation Inc
Lee & Bob Peterson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sarasota, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it made $392K in qualifying distributions.
Key facts about Lee & Bob Peterson Foundation Inc
- EIN
- 83-3723361
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $89,266
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$89K
-46.4% YoY
Revenue
$371K
-21.6% YoY
Qualifying Distributions
$392K
-12.4% YoY
Expenses
$392K
-12.4% YoY
Under IRS private-foundation payout rules, Lee & Bob Peterson Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
How Lee & Bob Peterson Foundation Inc gives
- 13% of 2023 grantees were also funded in 2022. Method
- Giving grew 133% from 2020 to 2023. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $89,266 | $166,585 | $81,492 |
| Revenue | $370,972 | $472,984 | $169,180 |
| Expenses | $391,785 | $447,494 | $319,992 |
| Qualifying Distributions | $391,785 | $447,494 | $319,992 |
| Net Investment Income | — | — | $39 |
| Distributable Amount | $6,737 | $8,456 | $6,103 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Lee & Bob Peterson Foundation Inc is led by Marlene M. Hauck, Executive Director since 2022 (on filings since 2020); 1 of 5 officers listed in 2024 is compensated.
Officers on the 2024 filing
Marlene M. Hauck
Executive Director
Vice President → Executive Director, 2022
On filings since 2020
40 hrs/week
$2K (2020) → $73K (2024)
Jeffrey R. Peterson
President
On filings since 2020
20 hrs/week
No compensation reported
Aime Austin
Director
On filings since 2023
20 hrs/week
No compensation reported
Christine Jennings
Director
New on the 2024 filing
20 hrs/week
No compensation reported
Mary Lou Selo
Director
New on the 2024 filing
20 hrs/week
No compensation reported
Former officers (4)
- Former: Michael Shelton (2022–2023) — Director
- Former: Erik Arroyo (2021–2022) — Treasurer
- Former: Michelle Greene (2022) — Director
- Former: Thomas Edwards (2022) — Director
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.
Compensation Overview
From 2024 IRS filing
Frequently asked questions about Lee & Bob Peterson Foundation Inc
How large is Lee & Bob Peterson Foundation Inc?
Lee & Bob Peterson Foundation Inc reported $89K in total assets on its 2024 IRS Form 990-PF. It paid out $392K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What is Lee & Bob Peterson Foundation Inc?
Lee & Bob Peterson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sarasota, FL. It holds $89K in total assets as of 2024.
Where does Lee & Bob Peterson Foundation Inc operate?
Lee & Bob Peterson Foundation Inc has awarded grants in Florida, New York.
What is Lee & Bob Peterson Foundation Inc's EIN?
Lee & Bob Peterson Foundation Inc's EIN (Employer Identification Number) is 83-3723361. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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