Petersen Family Foundation
Petersen Family Foundation is a private foundation, based in Sugar Land, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $17.6M in total assets. In 2025, it awarded 1 grant totaling $18.1M. Net investment income was $4.9M.
Key facts about Petersen Family Foundation
In short: Petersen Family Foundation gave $18.1M across 1 grant in 2025 (avg $18.1M), mostly in Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 81-4547001
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $18,144,667
- Grants made (2025)
- 1
- Average grant
- $18,144,667
- Median grant
- $18,144,667
- Total assets
- $17,552,850
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$17.6M
+16.6% YoY
Annual Giving
$18.1M
+128.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$18.1M
+128.4% YoY
Under IRS private-foundation payout rules, Petersen Family Foundation reported a distributable amount of $793K for 2025 — the minimum it must pay out in qualifying distributions.
How Petersen Family Foundation gives
- Giving grew 3932% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $450K (2022) to $18.1M (2025). In 2025 it made 1 grant totaling $18.1M.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 10 (30%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See statement attached See Statement, TX | Unrestricted useby each recipient | $18,144,667 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $17,552,850 | $15,050,030 | $12,623,012 |
| Revenue | $25,781,029 | $12,527,419 | $6,035,636 |
| Expenses | $18,282,669 | $8,041,547 | $1,557,750 |
| Qualifying Distributions | $18,144,667 | $7,944,834 | $1,500,000 |
| Net Investment Income | $4,944,514 | $2,683,168 | $1,878,270 |
| Distributable Amount | $793,075 | $645,406 | $503,262 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 29, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Petersen Family Foundation is led by Gary RPetersen, President on every filing since 2019; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Gary RPetersen
President
On filings since 2019
2 hrs/week
No compensation reported
Christopher R Petersen
Director
On filings since 2023
1 hr/week
No compensation reported
Jay F Rea
Secretary & Treasurer
On filings since 2019
2 hrs/week
$4K (2020) → $8K (2025)
Former officers (1)
- Former: Richard S Snell (2019–2022) — 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 $8K, to Jay F Rea (Secy/Treas).
Frequently asked questions about Petersen Family Foundation
How much does Petersen Family Foundation give each year?
Petersen Family Foundation gave $18.1M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7.9M across 1 grant.
How large is Petersen Family Foundation?
Petersen Family Foundation reported $17.6M in total assets on its 2025 IRS Form 990-PF. It paid out $18.1M in qualifying distributions that year, against a required minimum of $793K (roughly 5% of its investment assets).
Where does Petersen Family Foundation operate?
Petersen Family Foundation has awarded grants in Texas.
What is Petersen Family Foundation's EIN?
Petersen Family Foundation's EIN (Employer Identification Number) is 81-4547001. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Petersen Family Foundation by hand.
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