Petersen Automotive Museum Foundation
To explore and present the history of the automobile and its impact on global life and culture.
Petersen Automotive Museum Foundation at a glance
In short: Petersen Automotive Museum Foundation gave $65K across 5 grants in 2025 (avg $13K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $65,025
- +815.8% vs 2024
- Grants made (2025)
- 5
- Average grant
- $13,005
- Median grant
- $13,000
- Total assets
- $239,490,534
- +4.9% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Petersen Automotive Museum Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Los Angeles Food Bank ($14K). Together the top 3 received $39K.
Organizations only. It also paid 2 individual scholarships ($26,125), which are not listed by name.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $4K (2023) to $162K (2019). In 2025 it made 5 grants totaling $65K.
*2021: Covers 15 months (fiscal year-end changed).
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Los Angeles Food Bank Los Angeles, CA | Wildfire Relief Donation | $13,900 |
| 2 individual scholarships Recipients not named | — | $26,125 |
| Cerritos College Foundation Norwalk, CA | Scholarship | $12,500 |
| Cypress College Foundation Cypress, CA | Scholarship | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $239,490,534 | $31,661,696 | $29,820,222 | $65,025 | 5 | $2,194,149 |
| 2024 | $228,276,277 | $27,986,788 | $28,073,986 | $7,100 | Total only | $1,487,832 |
| 2023 | $220,712,649 | $25,097,609 | $25,688,572 | $3,946 | Total only | $1,650,698 |
| 2022 | $215,784,582 | $27,055,446 | $23,999,947 | — | — | $1,753,330 |
| 2021* | $222,687,653 | $22,632,425 | $23,028,007 | — | — | $1,392,027 |
| 2020 | $215,975,396 | $12,979,755 | $19,181,920 | — | — | $1,371,428 |
| 2019 | $221,247,321 | $24,671,330 | $22,220,372 | $162,000 | 2 | $1,100,861 |
*2021: Covers 15 months (fiscal year-end changed).
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Petersen Automotive Museum Foundation
Based on IRS filings
Petersen Automotive Museum Foundation is a public charity focused on Arts, Culture & Humanities, based in Los Angeles, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $239.5M in total assets. In 2025, it awarded 5 grants totaling $65K. Net investment income was $2.2M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Petersen Automotive Museum Foundation is led by Terry Karges, Executive Director on every filing since 2019; 9 of 28 officers listed in 2025 are compensated.
Officers on the 2025 filing
Terry Karges
Executive Director
On filings since 2019
40 hrs/week
$290K (2019) → $582K (2025)
Richard Varner
Chairman & Director
Treasurer → Chairman & Director, 2020
On filings since 2019
3 hrs/week
No compensation reported
Bryan Stevens
Exhibits Director
Exhibit Director → Exhibits Director, 2020
On filings since 2019
40 hrs/week
$118K (2019) → $248K (2025)
Anna Song
Chief of Staff & Interim Director Engagement
Engagement & Executive Office Director → Chief of Staff & Interim Director Engagement, 2024
On filings since 2023
40 hrs/week
$104K (2023) → $239K (2025)
Teresa Sequeira
Finance Director
On filings since 2024
40 hrs/week
$144K (2024) → $196K (2025)
Jasmine Gonzalez
Event Director
New on the 2025 filing
40 hrs/week
$170K (2025)
Yvonne Maisonette
Human Resources Director
New on the 2025 filing
40 hrs/week
$162K (2025)
Bobby Rahal
Director
On filings since 2019
1 hr/week
No compensation reported
Bruce Meyer
Vice Chair & Director
Vice Chair → Vice Chair & Director, 2020
On filings since 2019
3 hrs/week
No compensation reported
Charles Nearburg
Director
On filings since 2019
1 hr/week
No compensation reported
David Sydorick
Vice Chair & Director
Vice Chair → Vice Chair & Director, 2020
On filings since 2019
2 hrs/week
No compensation reported
Greg Penske
Director
On filings since 2019
1 hr/week
No compensation reported
McKeel Hagerty
Director
On filings since 2019
1 hr/week
No compensation reported
Richard Roeder
Secretary & Director
Director → Secretary & Director, 2020
On filings since 2019
2 hrs/week
No compensation reported
Sabrina Kay
Director
On filings since 2019
1 hr/week
No compensation reported
William H. Ahmanson
Treasurer & Director
Secretary → Treasurer & Director, 2020
On filings since 2019
3 hrs/week
No compensation reported
Mark Mitchell
Director
On filings since 2020
1 hr/week
No compensation reported
Phillip Sarofim
Director
On filings since 2021
1 hr/week
No compensation reported
Duke Of Richmond
Director
On filings since 2022
1 hr/week
No compensation reported
Juan Gonzalez
Director
On filings since 2022
1 hr/week
No compensation reported
Vin Di Bona
Director
On filings since 2022
1 hr/week
No compensation reported
Wolfgang Porsche
Director
On filings since 2022
1 hr/week
No compensation reported
Chip Connor
Director
On filings since 2023
1 hr/week
No compensation reported
Franz Von Holzhausen
Director
On filings since 2023
1 hr/week
No compensation reported
Merle Mullin
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Bodell
Chief Operating Officer
COO → Chief Operating Officer, 2020
On filings since 2019
40 hrs/week
$143K (2019) → $434K (2025)
Tom Torii
Chief Financial Officer
On filings since 2023
40 hrs/week
$40K (2023) → $285K (2025)
Alperen Guman
Chief Technology Officer
On filings since 2024
40 hrs/week
$138K (2024) → $194K (2025)
Former officers (13)
- Former: Luna Bondesan (2023–2024) — Marketing Director
- Former: Peter Mullin (2019–2023) — Vice Chair & Director
- Former: John Yanez (2022–2023) — Controller
- Former: Leslie Kendall (2022–2023) — Chief Historian
- Former: Sandra Landicho (2022–2023) — Chief Financial Officer
- Former: Kent Kresa (2019–2022) — Director
- Former: Michael Hammer (2019–2022) — Director
- Former: William Conner II (2020–2022) — Director
- Former: Dana Williamson (2022) — Collections Manager
- Former: Lincoln Ramirez (2022) — Collections Development Manager
- Former: Eitan Ginsburg (2019–2021) — Chief Financial Officer
- Former: Vin Dibona (2019–2021) — Director
- Former: William Connor (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $582K, to Terry Karges (Executive Director). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Petersen Automotive Museum Foundation
How much does Petersen Automotive Museum Foundation give each year?
Petersen Automotive Museum Foundation gave $65K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it reported $7K in grants paid.
What is Petersen Automotive Museum Foundation's typical grant size?
Petersen Automotive Museum Foundation's median grant in 2025 was $13,000, and its average grant was $13,005, across 5 grants on its 2025 IRS Form 990.
Where does Petersen Automotive Museum Foundation give grants?
Petersen Automotive Museum Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Petersen Automotive Museum Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Petersen Automotive Museum Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
Who are Petersen Automotive Museum Foundation's largest grantees?
Petersen Automotive Museum Foundation's largest 2025 grantees include Los Angeles Food Bank ($13,900), Cerritos College Foundation ($12,500) and Cypress College Foundation ($12,500), according to its 2025 IRS Form 990. It also paid 2 individual scholarships ($26,125), which are not listed by name. Together they received 60% of its itemized 2025 grant dollars.
How large is Petersen Automotive Museum Foundation?
Petersen Automotive Museum Foundation reported $239.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $31.7M.
What is Petersen Automotive Museum Foundation?
Petersen Automotive Museum Foundation is a public charity focused on Arts, Culture & Humanities, based in Los Angeles, CA. It holds $239.5M in total assets as of 2025.
What is Petersen Automotive Museum Foundation's EIN?
Petersen Automotive Museum Foundation's EIN (Employer Identification Number) is 95-4739699. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 9, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 26, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS September 1, 2026)
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Petersen Automotive Museum Foundation down — hundreds of funders to go?