Michael a Peterson Foundation

Foundation · Grantmaker NEW YORK, NY EIN: 26-1607103

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AndoverAugustaBostonBronxEnglewoodEvanstonLos AngelesNew YorkNorwalkPhiladelphiaProvidenceRossSag HarborSanta BarbaraWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$259K$519K$778K$1M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$231K$462K$693K$924K17 grants202015 grants202112 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

PHILLIPS ACADEMY$150KCOMMUNITY FOUNDATION FOR…$100KBROWN UNIVERSITY$50KDWIGHT ENGLEWOOD SCHOOL$50KNORTHWESTERN UNIVERSITY$50KNORTHWESTERN UNIVERSITY$25KINNER-CITY SCHOLARSHIP F…$16KAMERICAN FUND FOR LSE$10KWNET$10K

Grant Size Distribution

63 grants across all recorded years

41<$50K15$50–100K6$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Phillips Academy ($150,000), Community Foundation for the Csra ($100,000), Brown University ($50,000).

RecipientPurposeAmount
AMERICAN FUND FOR LSE NEW YORK, NYTO SUPPORT THE CHARITY'S CORE ACTIVITIES.$10,000
BROWN UNIVERSITY PROVIDENCE, RITO SUPPORT THE CHARITY'S ANNUAL FUND.$50,000
COMMUNITY FOUNDATION FOR THE CSRA AUGUSTA, GATO SUPPORT THE HURRICANE HELENE COMMUNITY CRISIS FUND.$100,000
DWIGHT ENGLEWOOD SCHOOL ENGLEWOOD, NJTO SUPPORT THE CHARITY'S ANNUAL FUND.$50,000
INNER-CITY SCHOLARSHIP FUND NEW YORK, NYTO SUPPORT SCHOLARSHIPS FOR CHILDREN.$16,200
NORTHWESTERN UNIVERSITY EVANSTON, ILTO SUPPORT THE CHARITY'S ANNUAL FUND.$50,000
NORTHWESTERN UNIVERSITY EVANSTON, ILTO SUPPORT THE CHARITY'S ENDOWED FUND.$25,000
PHILLIPS ACADEMY ANDOVER, MATO SUPPORT THE CAPITAL CAMPAIGN.$150,000
WNET NEW YORK, NYTO SUPPORT THE CHARITY'S ANNUAL FUND.$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL A PETERSONDIRECTOR, CHAIRMAN, PRES, SECY1
MICHAEL SHANKMANTREASURER1

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 April 2026. Sourced from IRS Form 990-PF filings.

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