Peters Family Foundation Inc
Peters Family Foundation Inc was a private foundation based in Stevens Point, Wisconsin. Its 2021 filing states that the organization dissolved that year; after making the charitable contributions reported on the return and paying its liabilities, it had no remaining assets. It therefore appears to have wound down and stopped grantmaking.
Key facts about Peters Family Foundation Inc
In short: Peters Family Foundation Inc gave $182K across 20 grants in 2021 (avg $9K), mostly in Wisconsin. Source: 2021 IRS Form 990-PF.
- EIN
- 20-3962467
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $182,335
- Grants made (2021)
- 20
- Average grant
- $9,117
- Median grant
- $1,000
- Primary geography
- Wisconsin (93% of itemized 2021 grant dollars)
- How to apply
- The 2021 filing stated that requests could be verbal or written, with no restrictions on awards. Full details ↓
- Deadline
- The 2021 filing stated that there were no deadlines; this is historical information, not a current application cycle.
Data from IRS Form 990-PF, 2021; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$182K
+50.6% YoY
Grant Count
20
-13.0% YoY
Avg Grant Size
$9K
+73.2% YoY
Under IRS private-foundation payout rules, Peters Family Foundation Inc reported a distributable amount of $4K for 2021 — the minimum it must pay out in qualifying distributions.
How Peters Family Foundation Inc gives
- 60% of 2021 grantees were also funded in 2020. Method
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2021 grants included support for higher education, community services, and nonprofit operations. Among the recipients, Marquette University describes its mission as a Catholic, Jesuit education focused on learning, personal and professional excellence, faith, and service; United Way of Portage County says it brings people and resources together to improve lives and strengthen the community. Carroll University describes its mission as preparing students for vocational success, lifelong learning, and service. Opportunity Development Centers says it empowers people with disabilities to achieve work and life goals, while Northern Door Children’s Center describes its mission as providing quality primary child care.
Grantmaking
In 2021, the foundation made 20 grants totaling $182,335. Grant amounts ranged from $60 to $50,000, with a median of $1,000. Its largest reported grants were $50,000 each to Carroll University for a School of Business and Technology facility, United Way of Portage County for its new home fund, and Marquette University for operational support. Other reported awards included $12,500 to Cleveland Clinic Foundation (Velosano) for a cancer research fund and $5,000 to Friends of Wisconsin Public Television for operational support.
Review Cycle
The 2021 filing stated that there were no deadlines; this is historical information, not a current application cycle.
How to Apply
The 2021 filing stated that requests could be verbal or written, with no restrictions on awards. These are historical instructions from the foundation’s final return and should not be treated as current application guidance.
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Geographic Focus
Where this funder awards grants
In 2021, 93% of grant dollars went to recipients in Wisconsin and 7% to recipients in Ohio.
Grant Distribution by State
Share of 2021 grant dollars across all 20 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $121K (2020) to $182K (2021). In 2021 it made 20 grants totaling $182K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2021
The largest 2021 recipient was Carroll University ($50K). Together the top 10 received $179K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 40 grants of 43 (93%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carroll University Waukesha, WI | School of Business and Technology Facility | $50,000 |
| United Way of Portage County Stevens Point, WI | New Home Fund | $50,000 |
| Marquette University Milwaukee, WI | Operational Support | $50,000 |
| Cleveland Clinic Foundation (Velosano) Cleveland, OH | Velosano Cancer Research Fund | $12,500 |
| Friends of Wisconsin Public Television Inc Madison, WI | Operational Support | $5,000 |
| YMCA Foundation Stevens Point, WI | Golf and Operational Support | $3,200 |
| Central WI Symphony Stevens Point, WI | Operational Support | $3,000 |
| Boys and Girl Club of Portage County Inc Stevens Point, WI | Operational Support | $3,000 |
| Community Foundation of Central Wisconsin Stevens Point, WI | Operational support, green circle endowment fund, women's fund of Portage county, inclusivity starts with kids | $1,700 |
| Wisconsin Public Radio Madison, WI | Operational Support | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2021 | — | $42,209 | $185,810 | $182,335 |
| 2020 | $143,601 | $25,838 | $123,571 | $121,050 |
The 2020 filing reported 23 grants; the 2021 filing reported 20.
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $143,601 |
| Revenue | $42,209 | $25,838 |
| Expenses | $185,810 | $123,571 |
| Qualifying Distributions | $183,605 | — |
| Net Investment Income | $40,356 | $24,258 |
| Distributable Amount | $3,945 | $12,150 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Leadership & Key People
Leadership team and compensation from IRS filings
The 2021 filing listed Kristina Peters as president, Donald E. Peters as secretary/treasurer, and Rebecca E. Peters and Matthew C. Peters as directors.
Peters Family Foundation Inc is led by Kristina Peters, President on every filing since 2020; none of the 4 officers listed in 2021 report compensation.
Officers on the 2021 filing
Kristina Peters
President
On filings since 2020
0.5 hrs/week
No compensation reported
Matthew C. Peters
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Rebecca E. Peters
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Donald E. Peters
Secretary & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Don Or Kristina Peters
Mailing address: 145 Virginia Circle, Stevens Point, WI 54481
Phone: (715) 341-6570
Frequently asked questions about Peters Family Foundation Inc
How much does Peters Family Foundation Inc give each year?
Peters Family Foundation Inc gave $182K across 20 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $121K across 23 grants.
What is Peters Family Foundation Inc's typical grant size?
Peters Family Foundation Inc's median grant in 2021 was $1,000, and its average grant was $9,117, across 20 grants on its 2021 IRS Form 990-PF.
Where does Peters Family Foundation Inc give grants?
Peters Family Foundation Inc gives mostly in Wisconsin: 93% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was Ohio (7%). The most frequent recipient cities were Stevens Point, WI (12 grants) and Madison, WI (3 grants).
Does Peters Family Foundation Inc give general operating support?
Yes: 80% of Peters Family Foundation Inc's 2021 grants with a stated purpose (16 of 20) were for general or operating support, per its 2021 IRS Form 990-PF.
Who are Peters Family Foundation Inc's largest grantees?
Peters Family Foundation Inc's largest 2021 grantees include Carroll University ($50,000), United Way of Portage County ($50,000) and Marquette University ($50,000), according to its 2021 IRS Form 990-PF. Together they received 82% of its itemized 2021 grant dollars.
What does Peters Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2021 grants included support for higher education, community services, and nonprofit operations. See mission & focus areas ↑
How do I apply for a grant from Peters Family Foundation Inc?
The 2021 filing stated that requests could be verbal or written, with no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Peters Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Peters Family Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peters Family Foundation Inc's EIN?
Peters Family Foundation Inc's EIN (Employer Identification Number) is 20-3962467. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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