Peterman Scholarship Fund
Peterman Scholarship Fund is a private foundation, based in WILLIAMSBURG, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34K
+6.5% YoY
Annual Giving
$3K
+50.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Peterman Scholarship Fund reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Peterman Scholarship Fund
Based on IRS filings
Peterman Scholarship Fund is a private foundation, based in WILLIAMSBURG, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $1K.
Ready to take the next step with Peterman Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,264 | $32,163 | $17,071 |
| Revenue | $26,779 | $23,306 | $18,071 |
| Expenses | $4,546 | $6,217 | $1,000 |
| Qualifying Distributions | $3,000 | $2,000 | $1,000 |
| Net Investment Income | $1,317 | — | $748 |
| Distributable Amount | $2,943 | $1,413 | $811 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Heidi Kay ($1,000), Portia Beebe ($1,000), Ezekial Bolde ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HEIDI KAY ALDEN, MI | SCHOLARSHIP | $1,000 |
| PORTIA BEEBE RAPID CITY, MI | SCHOLARSHIP | $1,000 |
| EZEKIAL BOLDE TRAVERSE CITY, MI | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELMER F PETERMAN | PRESIDENT-UN | 0.25 | — |
| JAMES PETERMAN | PRESIDENT | 0.25 | — |
| RUTH PETERMAN | SECRETARY | 0.25 | — |
| JULIE RITTENHOUSE | TRUSTEE | 0.25 | — |
| JEFF PETERRMAN | TRUSTEE | 0.25 | — |
Frequently Asked Questions
How large is Peterman Scholarship Fund?
As of 2024, Peterman Scholarship Fund holds $34K in total assets with $27K in annual revenue. It awarded 3 grants totaling $3K in 2024.
Where does Peterman Scholarship Fund operate?
Peterman Scholarship Fund has awarded grants in Michigan.
What size grants does Peterman Scholarship Fund award?
In 2024, Peterman Scholarship Fund awarded 3 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Peterman Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peterman Scholarship Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peterman Scholarship Fund's EIN?
Peterman Scholarship Fund's EIN (Employer Identification Number) is 87-4078953. IRS Form 990 filing data is available on this page for 2022–2024.
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Browse active grant opportunities in Peterman Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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