The Lauretta K Peters & Richard R Peters Charitable Foundation
The Lauretta K Peters & Richard R Peters Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 13 grants totaling $112K. Net investment income was $152K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-0.2% YoY
Annual Giving
$112K
-55.7% YoY
Grant Count
13
-55.2% YoY
Avg Grant Size
$9K
-1.2% YoY
Under IRS private-foundation payout rules, The Lauretta K Peters & Richard R Peters Charitable Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lauretta K Peters & Richard R Peters Charitable Foundation
Based on IRS filings
The Lauretta K Peters & Richard R Peters Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 13 grants totaling $112K. Net investment income was $152K.
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 | $1,684,248 | $1,688,011 | $1,832,663 |
| Revenue | $170,689 | $170,413 | $210,988 |
| Expenses | $174,549 | $315,065 | $306,359 |
| Qualifying Distributions | $131,600 | $274,337 | $261,744 |
| Net Investment Income | $151,805 | $144,809 | $171,687 |
| Distributable Amount | $152,219 | $138,596 | $151,973 |
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
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Ohio Parkinson Foundation Northeast Region ($15,000), Cornerstone of Hope ($14,000), Ideastream ($14,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The Ohio Parkinson Foundation Northeast Region Tallmadge, OH | General support | $15,000 |
| Saint Basil the Great Parish Brecksville, OH | General support | $7,000 |
| Cleveland Kids In Need Resource Center Cleveland, OH | General support | $2,500 |
| Cleveland Clinic Foundation Cleveland, OH | Center for Neurological Restoration | $10,000 |
| University Hospitals Cleveland, OH | Neurological Institute | $10,000 |
| Cleveland Metroparks Cleveland, OH | Accessibility | $10,000 |
| InMotion Warrensville Heights, OH | General support | $8,000 |
| Cornerstone of Hope Independence, OH | General support | $14,000 |
| Ideastream Cleveland, OH | General support | $14,000 |
| Julie Billart School Akron, OH | General support | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ronald F Wayne | Director | 5 | — |
| Lawrence A Visocky | Director | — | — |
| Traci Lancy | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lauretta K Peters & Richard R Peters Charitable Foundation?
The Lauretta K Peters & Richard R Peters Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. It holds $1.7M in total assets as of 2024.
How large is The Lauretta K Peters & Richard R Peters Charitable Foundation?
As of 2024, The Lauretta K Peters & Richard R Peters Charitable Foundation holds $1.7M in total assets with $171K in annual revenue. It awarded 13 grants totaling $112K in 2024.
Where does The Lauretta K Peters & Richard R Peters Charitable Foundation operate?
The Lauretta K Peters & Richard R Peters Charitable Foundation has awarded grants in California, Ohio, Tennessee.
What size grants does The Lauretta K Peters & Richard R Peters Charitable Foundation award?
In 2024, The Lauretta K Peters & Richard R Peters Charitable Foundation awarded 13 grants totaling $112K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Lauretta K Peters & Richard R Peters Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lauretta K Peters & Richard R Peters Charitable Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lauretta K Peters & Richard R Peters Charitable Foundation's EIN?
The Lauretta K Peters & Richard R Peters Charitable Foundation's EIN (Employer Identification Number) is 27-1106297. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Lauretta K Peters & Richard R Peters Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.