The Akridge-Peterson Foundation
The Akridge-Peterson Foundation is a private foundation, based in Kingston, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $408K in total assets. In 2025, it awarded 2 grants totaling $27K. Net investment income was $58K.
The Akridge-Peterson Foundation at a glance
In short: The Akridge-Peterson Foundation gave $27K across 2 grants in 2025 (avg $14K), mostly in Washington. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,000
- +35.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $13,500
- +35.0% vs 2024
- Median grant
- $13,500
- Total assets
- $407,818
- +7.7% vs 2024
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Akridge-Peterson Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Great Peninsula Conservancy ($22K). Together the top 2 received $27K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Akridge-Peterson Foundation gives
- Giving grew 69% from 2022 to 2025. Method
- In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $16K (2022) to $28K (2021). In 2025 it made 2 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Great Peninsula Conservancy Bremerton, WA | To provide support to exempt organization | $22,000 |
| ShareNet Kingston, WA | To provide support to exempt organization | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $407,818 | $64,668 | $35,538 | $27,000 | 2 | $35,538 | $57,722 | $33,342 |
| 2024 | $378,688 | $29,967 | $28,450 | $20,000 | 2 | $28,450 | $21,527 | $30,074 |
| 2023 | $377,171 | $-16,557 | $26,953 | $20,000 | 2 | $26,953 | $4,602 | $24,976 |
| 2022 | $420,681 | $18,075 | $23,232 | $16,000 | 3 | $23,232 | $10,873 | $26,420 |
| 2021 | $425,967 | $28,175 | $37,114 | $28,000 | 3 | $37,114 | $27,011 | $28,656 |
| 2020 | $446,129 | $134,109 | $5,713 | — | — | — | $134,109 | $23,837 |
| 2019 | $328,357 | $15,527 | $27,736 | $22,000 | 4 | — | $11,010 | $21,886 |
Under IRS private-foundation payout rules, The Akridge-Peterson Foundation reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Akridge-Peterson Foundation is led by Robert Akridge, President since 2025 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Akridge
President
President Treasurer → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Greg Peterson
Vice President
Secretary Vice President → Vice President, 2025
On filings since 2019
1 hr/week
No compensation reported
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.
Frequently asked questions about The Akridge-Peterson Foundation
How much does The Akridge-Peterson Foundation give each year?
The Akridge-Peterson Foundation gave $27K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 2 grants.
How large is The Akridge-Peterson Foundation?
The Akridge-Peterson Foundation reported $408K in total assets on its 2025 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets).
Where does The Akridge-Peterson Foundation operate?
The Akridge-Peterson Foundation has awarded grants in Washington.
What is The Akridge-Peterson Foundation's EIN?
The Akridge-Peterson Foundation's EIN (Employer Identification Number) is 45-4073930. 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.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 20, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 21, 2026)
- IRS filings on file for fiscal years 2019–2024
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