Peter Nelson Charitable Foundation

RAPID CITY, SD EIN: 81-6010230

Education Community and economic development Human services

Peter Nelson Charitable Foundation is a private foundation focused on Education, based in RAPID CITY, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $467K in total assets. In 2024, it awarded 4 grants totaling $24K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$467K

-1.0% YoY

Annual Giving

$24K

-11.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-11.8% YoY

Under IRS private-foundation payout rules, Peter Nelson Charitable Foundation reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About Peter Nelson Charitable Foundation

Based on IRS filings

Focus Areas

Education Community and economic development Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Montana $99K (83%)

Iowa $11K (10%)

Missouri $9K (7%)

States

Iowa Missouri Montana

Cities

BozemanCascadeCascaseHelenaMiles City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$466,929	$471,668	$477,605
Revenue	$32,340	$33,105	$15,289
Expenses	$37,065	$39,026	$37,741
Qualifying Distributions	$28,427	$31,362	$29,148
Net Investment Income	$23,702	$25,047	$8,479
Distributable Amount	$29,813	$28,249	$31,410

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Montana FFA Foundation ($9,250), Montana State Univ Custer County ($5,000), Cascade High School ($5,000).

Recipient	Purpose	Amount
Montana State Univ Custer County Miles City, MT	General Operating	$5,000
Cascade High School Cascade, IA	General Operating	$5,000
Montana FFA Foundation Bozeman, MT	General Operating	$9,250
Helena College University of Montan Helena, MT	General Operating	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Wells Fargo Bank NA	Trustee	1	$9,767

Subject Areas

Focus areas based on grantmaking activity

Education Community and economic development Human services

Frequently Asked Questions

What is Peter Nelson Charitable Foundation?

Peter Nelson Charitable Foundation is a private foundation focused on Education, based in RAPID CITY, SD. It holds $467K in total assets as of 2024.

How large is Peter Nelson Charitable Foundation?

As of 2024, Peter Nelson Charitable Foundation holds $467K in total assets with $32K in annual revenue. It awarded 4 grants totaling $24K in 2024.

Where does Peter Nelson Charitable Foundation operate?

Peter Nelson Charitable Foundation has awarded grants in Iowa, Missouri, Montana.

What size grants does Peter Nelson Charitable Foundation award?

In 2024, Peter Nelson Charitable Foundation awarded 4 grants totaling $24K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Peter Nelson Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Peter Nelson Charitable Foundation reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Peter Nelson Charitable Foundation's EIN?

Peter Nelson Charitable Foundation's EIN (Employer Identification Number) is 81-6010230. IRS Form 990 filing data is available on this page for 2020–2024.