Peterson Family Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 4 grants totaling $121K. Net investment income was $83K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+0.3% YoY
Annual Giving
$121K
+7.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$30K
+7.9% YoY
Under IRS private-foundation payout rules, Peterson Family Memorial Trust reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
About Peterson Family Memorial Trust
Based on IRS filings
Peterson Family Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSTON, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 4 grants totaling $121K. Net investment income was $83K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,841,938 | $1,835,656 | $1,893,777 |
| Revenue | $104,509 | $142,535 | $144,869 |
| Expenses | $156,474 | $145,800 | $178,532 |
| Qualifying Distributions | $133,229 | $123,786 | $153,382 |
| Net Investment Income | $82,937 | $121,772 | $123,387 |
| Distributable Amount | $123,362 | $112,989 | $117,872 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Paul Evangelical Lutheran Church ($48,372), Scandinavian Home Endowment Fund ($42,325), The Salvation Army ($18,139).
| Recipient | Purpose | Amount |
|---|---|---|
| SCANDINAVIAN HOME ENDOWMENT FUND CRANSTON, RI | UNRESTRICTED GIFT | $42,325 |
| ST PAUL EVANGELICAL LUTHERAN CHURCH WARWICK, RI | UNRESTRICTED GIFT | $48,372 |
| CRANSTON PUBLIC LIBRARY CRANSTON, RI | UNRESTRICTED GIFT | $12,099 |
| THE SALVATION ARMY WEST NYACK, NY | UNRESTRICTED GIFT | $18,139 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CITIZENS BANK N A | TRUSTEE | 2 | $23,039 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Peterson Family Memorial Trust?
Peterson Family Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JOHNSTON, RI. It holds $1.8M in total assets as of 2024.
How large is Peterson Family Memorial Trust?
As of 2024, Peterson Family Memorial Trust holds $1.8M in total assets with $105K in annual revenue. It awarded 4 grants totaling $121K in 2024.
Where does Peterson Family Memorial Trust operate?
Peterson Family Memorial Trust has awarded grants in New York, Rhode Island.
What size grants does Peterson Family Memorial Trust award?
In 2024, Peterson Family Memorial Trust awarded 4 grants totaling $121K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Peterson Family Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peterson Family Memorial Trust reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peterson Family Memorial Trust's EIN?
Peterson Family Memorial Trust's EIN (Employer Identification Number) is 25-6877200. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Peterson Family Memorial Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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