Michael a Peterson Foundation
Michael a Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $461K. Net investment income was $263K.
Key facts about Michael a Peterson Foundation
- EIN
- 26-1607103
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $461,200
- Grants made (2024)
- 9
- Average grant
- $51,244
- Median grant
- $50,000
- Total assets
- $6,335,079
- Primary geography
- Massachusetts (33% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Michael a Peterson Foundation funds
By grant dollars, the top recipient states for Michael a Peterson Foundation's 9 itemized 2024 grants were Massachusetts (33%), Georgia (22%) and Illinois (16%). The most frequent recipient cities were New York, NY (3 grants) and Evanston, IL (2 grants). 44% of grants with a stated purpose were for general or operating support.
How Michael a Peterson Foundation gives
- Giving held roughly steady from 2021 to 2024 (−5%). Method
- In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Michael a Peterson Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
-3.3% YoY
Annual Giving
$461K
+22.6% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$51K
+36.2% YoY
Under IRS private-foundation payout rules, Michael a Peterson Foundation reported a distributable amount of $399K for 2024 — the minimum it must pay out in qualifying distributions.
About Michael a Peterson Foundation
Based on IRS filings
Michael a Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 9 grants totaling $461K. Net investment income was $263K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,335,079 | $6,550,192 | $6,404,676 |
| Revenue | $262,727 | $542,738 | $535,302 |
| Expenses | $477,840 | $397,222 | $444,780 |
| Qualifying Distributions | $469,840 | $390,222 | $433,325 |
| Net Investment Income | $262,665 | $542,738 | $534,847 |
| Distributable Amount | $399,110 | $353,300 | $367,011 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Phillips Academy ($150,000), Community Foundation for the Csra ($100,000), Northwestern University ($75,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| PHILLIPS ACADEMY Andover, MA | TO SUPPORT THE CAPITAL CAMPAIGN. | $150,000 |
| COMMUNITY FOUNDATION FOR THE CSRA Augusta, GA | TO SUPPORT THE HURRICANE HELENE COMMUNITY CRISIS FUND. | $100,000 |
| BROWN UNIVERSITY Providence, RI | TO SUPPORT THE CHARITY'S ANNUAL FUND. | $50,000 |
| DWIGHT ENGLEWOOD SCHOOL Englewood, NJ | TO SUPPORT THE CHARITY'S ANNUAL FUND. | $50,000 |
| NORTHWESTERN UNIVERSITY Evanston, IL | TO SUPPORT THE CHARITY'S ANNUAL FUND. | $50,000 |
| NORTHWESTERN UNIVERSITY Evanston, IL | TO SUPPORT THE CHARITY'S ENDOWED FUND. | $25,000 |
| INNER-CITY SCHOLARSHIP FUND New York, NY | TO SUPPORT SCHOLARSHIPS FOR CHILDREN. | $16,200 |
| AMERICAN FUND FOR LSE New York, NY | TO SUPPORT THE CHARITY'S CORE ACTIVITIES. | $10,000 |
| WNET New York, NY | TO SUPPORT THE CHARITY'S ANNUAL FUND. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael a Peterson | Director, Chairman, Pres, Secy | 1 | — |
| Michael Shankman | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael a Peterson Foundation?
Michael a Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $6.3M in total assets as of 2024.
How large is Michael a Peterson Foundation?
As of 2024, Michael a Peterson Foundation holds $6.3M in total assets with $263K in annual revenue. It awarded 9 grants totaling $461K in 2024.
Where does Michael a Peterson Foundation operate?
Michael a Peterson Foundation has awarded grants in California, Connecticut, District of Columbia, Georgia, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island.
What size grants does Michael a Peterson Foundation award?
In 2024, Michael a Peterson Foundation awarded 9 grants totaling $461K — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is Michael a Peterson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael a Peterson Foundation reported a distributable amount of $399K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michael a Peterson Foundation's EIN?
Michael a Peterson Foundation's EIN (Employer Identification Number) is 26-1607103. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.