Petersen Bruce & Cecilia Fdn-main
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
35
+45.8% YoY
Avg Grant Size
$27K
-34.2% YoY
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
States
Cities
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.
| 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
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Petersen Bruce & Cecilia Fdn-main on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities