Patricia Price Peterson Foundation
The Patricia Price Peterson Foundation is a private family foundation based in Palmetto Bay, Florida. Established around 1964, it operates as a 501(c)(3) exempt private foundation with a focus on supporting educational and youth development initiatives in disadvantaged communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.4M
+12.9% YoY
Annual Giving
$1.4M
+48.2% YoY
Grant Count
14
-17.6% YoY
Avg Grant Size
$99K
+79.9% YoY
Mission & Focus Areas
The foundation's purpose is to support the implementation of initiatives that address social challenges faced by disadvantaged communities. It believes that by enhancing educational opportunities and promoting positive youth development, it can foster lasting impact that boosts social development.
The foundation pursues this mission by awarding grants to projects and organizations working in:
- Education
- Youth Development
The foundation is particularly interested in working closely with communities in the Central American region, with a specific focus on Panama.
Grantmaking
The foundation's grant-making focuses primarily on Massachusetts, Illinois, and the District of Columbia.
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Geographic Focus
Where this funder awards grants
While the foundation is based in Palmetto Bay, Florida, its grantmaking activities are concentrated in:
- Massachusetts
- Illinois
- District of Columbia
The foundation also maintains a particular interest in the Central American region, especially Panama.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,381,176 | $10,082,643 | $10,262,940 |
| Revenue | $3,193,686 | $765,508 | $749,567 |
| Expenses | $1,404,173 | $945,805 | $785,513 |
| Qualifying Distributions | $1,383,206 | $933,394 | $778,047 |
| Net Investment Income | $3,034,754 | $725,974 | $604,353 |
| Distributable Amount | $975,789 | $874,951 | $934,285 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK PETERSON | PRESIDENT | — | — |
| R PRICE PETERSON | SECRETARY | — | — |
| MERRILL K BENNETT | DIRECTOR | — | — |
| DANIEL PETERSON | DIRECTOR | — | — |
Contact Information
- Address: 18001 Old Cutler Road, Suite 421, Palmetto Bay, FL 33157-6435
- Telephone: 305-379-0603
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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