Petersen Bruce & Cecilia Fdn-main

SAINT LOUIS, MO EIN: 82-2622856

The Bruce and Cecilia Petersen Foundation Trust is a private foundation established in 2018, with administrative offices in Saint Louis, Missouri. The foundation is supported by the Peterson Jerry Bruce Estate and operates with limited staffing, utilizing Wells Fargo Bank, N.A. as its trustee.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.3M

-2.6% YoY

Annual Giving

$960K

-4.0% YoY

Grant Count

+45.8% YoY

Avg Grant Size

$27K

-34.2% YoY

Under IRS private-foundation payout rules, Petersen Bruce & Cecilia Fdn-main reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to provide grants to organizations that provide relief for the poor in the state of Utah.

Primary funding areas:

Education
Health
Human services

Grantmaking

The foundation made 35 grants in its most recent fiscal year (2024), with a median grant size of $20,000. Grant amounts range from $3,000 to $160,000.

Grant Range

of $20,000. Grant amounts range from $3,000 to $160,000.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation exclusively supports organizations located in the state of Utah.

Grant Distribution by State

Utah $4.7M (99%)

Colorado $30K (1%)

Pennsylvania $10K (0%)

States

Colorado Pennsylvania Utah

Cities

AllentownDenverGreen RiverHolladayLaytonLehiMidvaleMoabMorganMount PleasantMurrayNibleyOgdenPark CityPriceProvoRooseveltS Salt LakeSalt Lake CitySalt Lake Cty

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (as of December 2024):

Total assets: $18,335,115
Total revenues: $654,300
Investment income and dividends: $545,746
Net gain from sale of non-inventory assets: $107,062
Total expenses: $1,147,064

Historical Assets (2023):

Total assets: $18,827,219
Total giving: $1,000,000

Staffing: The foundation operates with 1 employee.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$18,335,115	$18,827,219	$19,499,182
Revenue	$654,300	$498,240	$615,542
Expenses	$1,147,064	$1,173,312	$1,269,307
Qualifying Distributions	$1,021,316	$1,057,497	$1,148,873
Net Investment Income	$491,786	$346,968	$438,233
Distributable Amount	$1,107,056	$1,019,364	$1,048,264

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

129 grants across all recorded years

Open Grants

1 open opportunity from Petersen Bruce & Cecilia Fdn-main

Foundation

Bruce and Cecilia Petersen Foundation Trust Grant

PETERSEN BRUCE & CECILIA FDN-MAIN

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Children's Center Utah ($160,000), The Road Home ($75,000), Utah Food Bank ($70,000).

Recipient	Purpose	Amount
YOUNG WOMENS CHRISTIAN ASSOCIATION ALLENTOWN, PA	GENERAL OPERATING	$10,000
MOAB FREE HEALTH CLINIC MOAB, UT	GENERAL OPERATING	$20,000
BUILDING YOUTH AROUND THE WORLD WEST JORDAN, UT	GENERAL OPERATING	$10,000
TABITHAS WAY SPANISH FORK, UT	GENERAL OPERATING	$20,000
WOMEN OF THE WORLD SALT LAKE CITY, UT	GENERAL OPERATING	$40,000
SANPETE PANTRY MOUNT PLEASANT, UT	GENERAL OPERATING	$7,000
THE INN BETWEEN SALT LAKE CITY, UT	GENERAL OPERATING	$50,000
UINTAH BASIN TECHNICAL COLLEGE FOUNDATIO ROOSEVELT, UT	GENERAL OPERATING	$10,000
SUMMIT COMMUNITY GARDENS AND EATS PARK CITY, UT	GENERAL OPERATING	$10,000
GOOD DEED REVOLUTION SALT LAKE CITY, UT	GENERAL OPERATING	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Trustee:

Wells Fargo Bank, N.A. (compensation: $148,000 annually)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$148,037

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Petersen Bruce & Cecilia Fdn-main fund?

The foundation's mission is to provide grants to organizations that provide relief for the poor in the state of Utah. **Primary funding areas:** • Education • Health • Human services

How do I apply for a grant from Petersen Bruce & Cecilia Fdn-main?

**Grant Activity:** The foundation made 35 grants in its most recent fiscal year (2024), with a median grant size of $20,000. Grant amounts range from $3,000 to $160,000. **Recent Grants (2024):** • The Children's Center Utah: $160,000 (General Operating) • The Road Home: $75,000 (General Operating) • Utah Food Bank: $70,000 (General Operating) **Application Process:** The foundation operates on a preselected-only basis and does not accept unsolicited applications. Applications must be submitte…

Where does Petersen Bruce & Cecilia Fdn-main make grants?

The foundation exclusively supports organizations located in the state of Utah.

What size grants does Petersen Bruce & Cecilia Fdn-main award?

In 2024, Petersen Bruce & Cecilia Fdn-main awarded 35 grants totaling $960K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Petersen Bruce & Cecilia Fdn-main required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Petersen Bruce & Cecilia Fdn-main reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Petersen Bruce & Cecilia Fdn-main's EIN?

Petersen Bruce & Cecilia Fdn-main's EIN (Employer Identification Number) is 82-2622856. IRS Form 990 filing data is available on this page for 2020–2024.