The Lee and Kay Peterson Family Foundation
The Lee and Kay Peterson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $294K in total assets. In 2024, it awarded 7 grants totaling $11K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$294K
-2.6% YoY
Annual Giving
$11K
-9.0% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$2K
-9.0% YoY
Under IRS private-foundation payout rules, The Lee and Kay Peterson Family Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lee and Kay Peterson Family Foundation
Based on IRS filings
The Lee and Kay Peterson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $294K in total assets. In 2024, it awarded 7 grants totaling $11K. Net investment income was $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $293,712 | $301,531 | $295,246 |
| Revenue | $9,651 | $23,760 | $6,015 |
| Expenses | $17,470 | $17,475 | $10,175 |
| Qualifying Distributions | $17,256 | $17,475 | $9,875 |
| Net Investment Income | $9,651 | $23,760 | $6,015 |
| Distributable Amount | $14,579 | $13,977 | $15,152 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stone Church of the Assemblies of God ($6,000), Samaritans Purse ($2,000), Yakima Valley Council on Alcoholism ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| FELLOWSHIP OF CHRISTIAN ATHLETES YAKIMA, WA | General & Unrestricted | $300 |
| MISSION AVIATION FELLOWSHIP NAMPA, ID | General & Unrestricted | $100 |
| RODS HOUSE YAKIMA, WA | General & Unrestricted | $250 |
| SAMARITANS PURSE BOONE, NC | General & Unrestricted | $2,000 |
| STONE CHURCH OF THE ASSEMBLIES OF GOD YAKIMA, WA | General & Unrestricted | $6,000 |
| WYCLIFFE ASSOCIATES INC ORLANDO, FL | General & Unrestricted | $500 |
| YAKIMA VALLEY COUNCIL ON ALCOHOLISM YAKIMA, WA | General & Unrestricted | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carlton James Peterson | Dir | 1 | — |
| Carlton Lee Peterson | Pres, Dir, Sec | 1 | — |
| Viva Katherine Peterson | Dir, VP | 1 | — |
| Lisa Jane Rutherford | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lee and Kay Peterson Family Foundation?
The Lee and Kay Peterson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $294K in total assets as of 2024.
How large is The Lee and Kay Peterson Family Foundation?
As of 2024, The Lee and Kay Peterson Family Foundation holds $294K in total assets with $10K in annual revenue. It awarded 7 grants totaling $11K in 2024.
Where does The Lee and Kay Peterson Family Foundation operate?
The Lee and Kay Peterson Family Foundation has awarded grants in California, Florida, Idaho, North Carolina, Washington.
What size grants does The Lee and Kay Peterson Family Foundation award?
In 2024, The Lee and Kay Peterson Family Foundation awarded 7 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Lee and Kay Peterson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lee and Kay Peterson Family Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lee and Kay Peterson Family Foundation's EIN?
The Lee and Kay Peterson Family Foundation's EIN (Employer Identification Number) is 20-1945029. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lee and Kay Peterson Family 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.
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