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
Under IRS private-foundation payout rules, Patricia Price Peterson Foundation reported a distributable amount of $976K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Zamorano University ($425,000), Incae ($320,000), Foundation Biblioteca De Boquete ($230,456).
| Recipient | Purpose | Amount |
|---|---|---|
| AMIGOS DEL APRENDISAJE | SEEKING TO IMPROVE EDUCATION IN COSTA RICA | $10,000 |
| CASA HOGAR TRISKER | FOSTER CARE FOR AT RISK CHILDREN | $16,378 |
| CONTEXTOS | PROVIDING EDUCATION TO KIDS IN NICARAGUA | $25,000 |
| FABRETTO EVANSTON, IL | PROVIDE GRADUATE EDUCATION IN CENTRAL AMERICA. | $35,000 |
| FOUNDATION BIBLIOTECA DE BOQUETE | PROVIDING EDUCATION TO LOW INCOME AREAS OF PANAMAPURCHASE AND ESTABLISHMENT OF A PUBLIC PARK FOR THE TOWN OF BOQUETE, PANAMA. | $230,456 |
| INCAE | PROVIDE GRADUATE EDUCATION IN COSTA RICA | $320,000 |
| NUTRE HOGAR | NUTRICIOUS SUPPORT TO CHILDREN IN POOR COMMUNITIES | $35,000 |
| PENNAT | REDUCE CHILD LABOR AND PROVIDE EDUCATION TO AT RISK CHILDREN IN GUATEMALA CITY | $25,000 |
| PRO INTEGRACION | PROGRAM FOR TROPICAL FOREST CONSERVATION, RESEARCH AND EDUCATION. | $1,500 |
| PROJECT ABRAHAM | TO COVER DAYCARE EXPENSES FOR LOW INCOME/SINGLE MOTHERS IN JAN JOSE, PANAMA. | $30,000 |
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
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Patricia Price Peterson Foundation fund?
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 wi…
How do I apply for a grant from Patricia Price Peterson Foundation?
**Financial Capacity:** • Total assets: $11,381,176 • Total annual giving: $1,383,206 • Typical grant awards range from $500 to $511,948 **Geographic Distribution:** The foundation's grant-making focuses primarily on Massachusetts, Illinois, and the District of Columbia.
Where does Patricia Price Peterson Foundation make 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.
What size grants does Patricia Price Peterson Foundation award?
In 2024, Patricia Price Peterson Foundation awarded 14 grants totaling $1.4M — an average of about $99K per grant, based on its IRS Form 990 filings.
How much is Patricia Price Peterson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Patricia Price Peterson Foundation reported a distributable amount of $976K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Patricia Price Peterson Foundation's EIN?
Patricia Price Peterson Foundation's EIN (Employer Identification Number) is 94-6109098. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Patricia Price Peterson Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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