Lenny Peters Foundation Inc
Lenny Peters Foundation Inc is a private foundation based in High Point, North Carolina. It supports individuals facing financial hardship, nonprofit organizations, and international humanitarian work, with a stated focus on helping people locally and around the world.
Lenny Peters Foundation Inc at a glance
In short: Lenny Peters Foundation Inc gave $515K across 37 grants in 2024 (avg $14K), mostly in North Carolina. 65% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $514,561
- +61.9% vs 2023
- Grants made (2024)
- 37
- +42.3% vs 2023
- Average grant
- $13,907
- +13.8% vs 2023
- Median grant
- $5,000
- Total assets
- $1,161,061
- -2.8% vs 2023
- New grantees (estimate)
- 65% first-time grantees (24 of 37, 2024)
- Primary geography
- North Carolina (97% 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 Lenny Peters Foundation Inc
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 645 N Main Street, High Point, NC 27260
Phone: (336) 883-0029
Website: https://lennypetersfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lenny Peters Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Triad United Rowing Assoc ($170K). Together the top 10 received $379K.
Grant Size Distribution
132 grants across all recorded years
The most common grant size was under $50K: 127 grants of 132 (96%).
Geographic Focus
Where this funder awards grants
The foundation describes its work as focused locally on North Carolina’s Piedmont Triad, including High Point, Winston-Salem, and Greensboro, as well as internationally. Its website names India, South America, and Africa among the regions served. In the 2024 filing, 97% of grant dollars went to recipients in North Carolina, 2% to Florida, 1% to Virginia, and 1% to New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 37 itemized grants.
Cities
Is Lenny Peters Foundation Inc open to new grantees?
65%
first-time grantees, 2024
In 2024, 24 of 37 grantees (65%) were first-time recipients. First grants averaged $8K; repeat grants $24K. How we count
Medians: $5K first-time, $5K repeat.
- 22% of 2024 grantees were also funded in 2023. Method
- Giving grew 227% from 2021 to 2024. Method
- In 2024 it paid out 440% of its IRS minimum distribution (the 5% rule). 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
From 2020 to 2024, annual grant giving ranged from $34K (2020) to $515K (2024). In 2024 it made 37 grants totaling $515K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Triad United Rowing Assoc High Point, NC | Charitable Purpose | $170,000 |
| United Way of Greater High Point Inc High Point, NC | Charitable Purpose | $40,000 |
| Various Individuals High Point, NC | Charitable Purpose | $37,550 |
| Second Harvest Food Bank Greensboro, NC | Charitable Purpose | $26,000 |
| Forward High Point High Point, NC | Charitable Purpose | $25,000 |
| Growing High Point High Point, NC | Charitable Purpose | $25,000 |
| Guilford Education Alliance Greensboro, NC | Charitable Purpose | $25,000 |
| Piedmont Triad Partnership Greensboro, NC | Charitable Purpose | $25,000 |
| Open Door Ministries High Point, NC | Charitable Purpose | $21,061 |
| Davidson-Davie Community College Thomasville, NC | Charitable Purpose | $11,000 |
Ready to take the next step with Lenny Peters Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,161,061 | $610,539 | $643,538 | $514,561 | 37 | $514,561 | $358,282 | $116,962 |
| 2023 | $1,194,060 | $866,108 | $487,600 | $317,810 | 26 | $317,810 | $748,118 | $85,461 |
| 2022 | $1,247,042 | $293,483 | $693,268 | $442,639 | 29 | $442,639 | — | $123,470 |
| 2021 | $1,215,337 | $391,686 | $177,753 | $157,578 | 26 | $157,578 | — | $176,054 |
| 2020 | $1,730,721 | $210,338 | $37,557 | $33,700 | 14 | — | $3,513 | $84,491 |
Under IRS private-foundation payout rules, Lenny Peters Foundation Inc reported a distributable amount of $117K 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 stated mission is “to be a helping hand here at home and around the world by providing meaningful, dignified support to individuals and organizations in need.” Its website describes work in the Piedmont Triad and international programs serving communities in India, South America, and Africa. It says it operates 14 homes for children, people with disabilities, and cancer patients in India, Africa, and Colombia.
Its 2024 grants included organizations whose own missions address youth recreation, community development, food assistance, education, and regional economic development. Triad United Rowing Association says it provides youth and adults with recreational and competitive rowing opportunities and related water activities. Growing High Point says its mission is to transform under-resourced neighborhoods in High Point. Second Harvest Food Bank says it provides food assistance through a partner network and works to address hunger and its causes. Guilford Education Alliance says it galvanizes support for Guilford County Schools; Piedmont Triad Partnership says it promotes the region to enhance economic development opportunities.
Grantmaking
In filing year 2024, the foundation reported 37 grants totaling $514,561. Grant amounts ranged from $500 to $170,000, with a median of $5,000. The largest reported grant was $170,000 to Triad United Rowing Association in High Point. Other large grants included $40,000 to United Way of Greater High Point, $37,550 to various individuals, $26,000 to Second Harvest Food Bank, and $25,000 each to Forward High Point, Growing High Point, Guilford Education Alliance, and Piedmont Triad Partnership. The filing listed the grants’ purposes as charitable.
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its website also describes one-time financial assistance to individuals in hardship; this is direct assistance, distinct from grants to outside applicants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lenin J Peters as director and president and Donald K Bulla as director and vice president. The foundation’s website identifies Dr. Lenny Peters as its founder.
Lenny Peters Foundation Inc is led by Lenin J. Peters, Director & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lenin J. Peters
Director & President
On filings since 2020
5 hrs/week
No compensation reported
Donald K. Bulla
Director & Vice President
On filings since 2020
5 hrs/week
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 Lenny Peters Foundation Inc
How much does Lenny Peters Foundation Inc give each year?
Lenny Peters Foundation Inc gave $515K across 37 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $318K across 26 grants.
What is Lenny Peters Foundation Inc's typical grant size?
Lenny Peters Foundation Inc's median grant in 2024 was $5,000, and its average grant was $13,907, across 37 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lenny Peters Foundation Inc that year got $8K on average.
Where does Lenny Peters Foundation Inc give grants?
Lenny Peters Foundation Inc gives mostly in North Carolina: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were High Point, NC (18 grants), Greensboro, NC (8 grants) and Winston-Salem, NC (2 grants).
Who are Lenny Peters Foundation Inc's largest grantees?
Lenny Peters Foundation Inc's largest 2024 grantees include Triad United Rowing Assoc ($170,000), United Way of Greater High Point Inc ($40,000) and Second Harvest Food Bank ($26,000), according to its 2024 IRS Form 990-PF. Together they received 46% of its itemized 2024 grant dollars.
How large is Lenny Peters Foundation Inc?
Lenny Peters Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $515K in qualifying distributions that year, against a required minimum of $117K (roughly 5% of its investment assets).
What does Lenny Peters Foundation Inc fund?
The foundation’s stated mission is “to be a helping hand here at home and around the world by providing meaningful, dignified support to individuals and organizations in need.” See mission & focus areas ↑
How do I apply for a grant from Lenny Peters Foundation Inc?
Lenny Peters Foundation Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check lennypetersfoundation.org for any change to that policy.
What is Lenny Peters Foundation Inc's EIN?
Lenny Peters Foundation Inc's EIN (Employer Identification Number) is 20-5359020. IRS Form 990 filing data is available on this page for 2020–2024.
Does Lenny Peters Foundation Inc 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
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Lenny Peters Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Lenny Peters Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Earl and Kathryn Congdon Family Foundation
Wilmington, DE
The foundation supports organizations working in education, community services, mental health, arts, and other areas, with most funding going to North Carolina. Its median grant was $6,000 in 2024, though awards ranged widely from $42 to over $1 million. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$88.9M
Grants
244
Total Given
$6.0M
Tannenbaum-Sternberger Foundation Inc
Greensboro, NC
The Tannenbaum-Sternberger Foundation funds charitable programs and projects in education, arts, health, human services, economic development, historic preservation, and other areas, as well as scholarships. It generally supports work benefiting Guilford County, North Carolina, and its 2025 grants ranged from $1,000 to $50,000, with a median of $10,000. It accepts applications through an online grant application.
Assets
$20.3M
Grants
66
Total Given
$872K
Truist Foundation Inc
Orlando, FL
The foundation funds workforce development and career pathways, small-business support, and community development, especially for low-to-moderate-income communities and disadvantaged workers. Its 2024 median grant was $25,000, though awards varied widely, and its service area spans 17 East Coast states through Texas. It accepts unsolicited requests through an online application and has a rolling deadline.
Assets
$547.9M
Grants
447
Total Given
$67.0M
High Point Community Foundation
High Point, NC
The foundation funds High Point-area nonprofits, schools, churches, and government entities working on youth and education, basic and critical needs, and community projects; recent grants typically ranged from about $6,000 to $35,000, with a median near $24,000. Its Community Impact Grant process starts with a Letter of Interest, and only organizations invited after that step may submit a full application.
Assets
$131.1M
Grants
23
Total Given
$540K
The Apat & Kathryne LBROWN Foundation
High Point, NC
The Apat & Kathryne Lbrown Foundation supports a range of charitable organizations, with 2025 grants often designated for general funds. Its grants went to North Carolina recipients and ranged from $5,840 to $50,000, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.2M
Grants
13
Total Given
$292K
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
More similar funders
More Funders in North Carolina
Cite this profile
Grantable. (2026). Lenny Peters Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/lenny-peters-foundation-inc-morg_235002f406184aa9bea01c95d88ce6ab
BibTeX
@misc{grantable_205359020_2026,
author = {{Grantable}},
title = {{Lenny Peters Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lenny-peters-foundation-inc-morg_235002f406184aa9bea01c95d88ce6ab},
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 Lenny Peters Foundation Inc'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.
Lenny Peters Foundation Inc down — hundreds of funders to go?