Norman E Peterson and Diana Lager Peterson Educational Fund Inc
Norman E Peterson and Diana Lager Peterson Educational Fund Inc is a private foundation based in Sarasota, Florida. It made 13 grants totaling $38,500 in filing year 2025, supporting organizations including arts, cultural, educational, and community organizations.
Norman E Peterson and Diana Lager Peterson Educational Fund Inc at a glance
In short: Norman E Peterson and Diana Lager Peterson Educational Fund Inc gave $39K across 13 grants in 2025 (avg $3K), mostly in Florida. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $38,500
- -59.6% vs 2024
- Grants made (2025)
- 13
- -48.0% vs 2024
- Average grant
- $2,962
- -22.3% vs 2024
- Median grant
- $2,500
- Total assets
- $1,100,818
- +5.4% vs 2024
- New grantees (estimate)
- 15% first-time grantees (2 of 13, 2025; small sample)
- Primary geography
- Florida (64% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Norman E Peterson and Diana Lager Peterson Educational Fund Inc
- How to Apply
-
The foundation’s 2024 filing says to contact Diana Lager by letter. It states that grants are made to qualified public charities and that the foundation does not restrict giving to preselected organizations.
- Review Cycle
- None stated on the 2024 filing.
- Deadline
- None stated on the 2024 filing.
- Contact
Application contact: Diana Lager
Mailing address: 2921 Heather Bow, Sarasota, FL 34235
Phone: (941) 379-7806
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Norman E Peterson and Diana Lager Peterson Educational Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Jewish Committee DBA AJC ($5K). Together the top 10 received $31K.
Grant Size Distribution
106 grants across all recorded years
The most common grant size was under $50K: 106 grants of 106 (100%).
Geographic Focus
Where this funder awards grants
In filing year 2025, grant dollars went to recipients in Florida (64%), New York (21%), and Massachusetts (16%).
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Is Norman E Peterson and Diana Lager Peterson Educational Fund Inc open to new grantees?
15%
first-time grantees, 2025
In 2025, 2 of 13 grantees (15%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $3K; repeat grants $3K. How we count
Medians: $3K first-time, $3K repeat.
- 77% of 2025 grantees were also funded in 2024. Method
- Giving fell 49% from 2022 to 2025. Method
- In 2025 it paid out 66% 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 (2020–2025). 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 2025, annual grant giving ranged from $39K (2025) to $95K (2024). In 2025 it made 13 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Jewish Committee DBA AJC New York, NY | general operating support | $5,000 |
| Embracing Our Differences Inc Sarasota, FL | general operating support | $4,000 |
| Country Dance and Song Society Easthampton, MA | general operating support | $3,000 |
| Hermitage Artist Retreat Inc Englewood, FL | general operating support | $3,000 |
| Pinewoods Camp Inc Plymouth, MA | general operating support | $3,000 |
| Wm J Brennan Center For Justice Inc New York, NY | general operating support | $3,000 |
| Sarasota Art Museum Sarasota, FL | general operating support | $2,500 |
| Ringling Museum of Art Fdn Inc Sarasota, FL | general operating support | $2,500 |
| Library Fdn of Sarasota County Inc Sarasota, FL | general operating support | $2,500 |
| Ringling College of Art and Design Sarasota, FL | general operating support | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,100,818 | $122,339 | $66,059 | $38,500 | 13 | $50,527 | $106,807 | $76,266 |
| 2024 | $1,044,831 | $57,745 | $118,341 | $95,250 | 25 | $104,092 | $43,496 | $72,361 |
| 2023 | $1,105,598 | $52,749 | $91,257 | $72,000 | 21 | $78,661 | $40,153 | $63,704 |
| 2022 | $1,143,988 | $13,807 | $97,104 | $75,000 | 24 | $79,769 | $11,108 | $68,021 |
| 2021 | $1,227,285 | $192,385 | $68,756 | $51,000 | 23 | $54,360 | $177,989 | $75,972 |
| 2020 | $1,103,656 | $25,324 | $75,950 | $61,700 | 26 | — | $13,024 | $65,610 |
Under IRS private-foundation payout rules, Norman E Peterson and Diana Lager Peterson Educational Fund Inc reported a distributable amount of $76K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations whose own missions involve arts and education, traditional dance and music, opera, and community service. For example, Embracing Our Differences says it uses arts and education to inspire kindness and respect; the Country Dance and Song Society says it connects and supports communities through participatory dance, music, and song; and Sarasota Opera says it produces opera performances to entertain, enrich, educate, and inspire.
Grantmaking
In filing year 2025, the foundation gave 13 grants totaling $38,500. Grants ranged from $2,500 to $5,000, with a median grant of $2,500.
Notable 2025 grants included $5,000 to American Jewish Committee DBA AJC; $4,000 to Embracing Our Differences Inc; $3,000 each to Hermitage Artist Retreat Inc, Country Dance and Song Society Inc, Pinewoods Camp Inc, and Wm J Brennan Center For Justice Inc; and $2,500 each to Sarasota Opera Association Inc, Sarasota Art Museum, Ringling Museum of Art Fdn Inc, Library Fdn of Sarasota County Inc, Ringling College of Art and Design, Sarasota-Manatee Jewish Hsg Cncl, and Marie Selby Botanical Gardens Inc. The listed grant purposes were general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Diana Lager as President, and Paul M Schimek and David Schimek as Directors.
Norman E Peterson and Diana Lager Peterson Educational Fund Inc is led by Diana Lager, President since 2022 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Diana Lager
President
Director → President, 2022
On filings since 2020
1 hr/week
No compensation reported
David Schimek
Director
On filings since 2020
No compensation reported
Paul M Schimek
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Norman E Peterson and Diana Lager Peterson Educational Fund Inc
How much does Norman E Peterson and Diana Lager Peterson Educational Fund Inc give each year?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc gave $39K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 25 grants.
What is Norman E Peterson and Diana Lager Peterson Educational Fund Inc's typical grant size?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc's median grant in 2025 was $2,500, and its average grant was $2,962, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Norman E Peterson and Diana Lager Peterson Educational Fund Inc that year got $3K on average.
Where does Norman E Peterson and Diana Lager Peterson Educational Fund Inc give grants?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc gives mostly in Florida: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (21%) and Massachusetts (16%). The most frequent recipient cities were Sarasota, FL (8 grants) and New York, NY (2 grants).
Does Norman E Peterson and Diana Lager Peterson Educational Fund Inc give general operating support?
Yes: 100% of Norman E Peterson and Diana Lager Peterson Educational Fund Inc's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Norman E Peterson and Diana Lager Peterson Educational Fund Inc's largest grantees?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc's largest 2025 grantees include American Jewish Committee DBA AJC ($5,000), Embracing Our Differences Inc ($4,000) and Country Dance and Song Society ($3,000), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.
How large is Norman E Peterson and Diana Lager Peterson Educational Fund Inc?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $76K (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 Norman E Peterson and Diana Lager Peterson Educational Fund Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations whose own missions involve arts and education, traditional dance and music, opera, and community service. See mission & focus areas ↑
How do I apply for a grant from Norman E Peterson and Diana Lager Peterson Educational Fund Inc?
The foundation’s 2024 filing says to contact Diana Lager by letter. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Norman E Peterson and Diana Lager Peterson Educational Fund Inc's EIN?
Norman E Peterson and Diana Lager Peterson Educational Fund Inc's EIN (Employer Identification Number) is 59-2749952. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 19, 2026)
- IRS filings on file for fiscal years 2020–2025
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Figures come from Norman E Peterson and Diana Lager Peterson Educational Fund 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.
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