The Lucille and Harrold Peterson
The Lucille and Harrold Peterson is a private foundation, based in Weatherford, OK. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it made $5K in qualifying distributions. Net investment income was $6K.
The Lucille and Harrold Peterson at a glance
- Total assets
- $1,430,588
- -3.5% vs 2023
- Revenue (2024)
- $75,752
- +1128.9% vs 2023
- Qualifying distributions (2024)
- $5,000
- -75.8% vs 2023
- Expenses (2024)
- $7,463
- -92.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Lucille and Harrold Peterson funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Lucille and Harrold Peterson gives
- In 2024 it paid out 8% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2022 to 2023, annual grant giving ranged from $21K (2023) to $52K (2022). In 2023 it made 2 grants totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Chera Fund Edmond, OK | General Fund | $20,000 |
| Bugtussle Foundationcommunity Foun Springfield, MO | General Fund | $690 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,430,588 | $75,752 | $7,463 | — | — | $5,000 | $5,785 | $61,603 |
| 2023 | $1,482,202 | $6,164 | $94,343 | $20,690 | 2 | $20,690 | $6,164 | $59,735 |
| 2022 | $1,570,381 | $81,294 | $84,195 | $52,070 | 2 | $52,070 | $81,294 | $67,050 |
Under IRS private-foundation payout rules, The Lucille and Harrold Peterson reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Lucille and Harrold Peterson is led by Debora Williams, Trustee on the 2024 filing — the only officer listed, and uncompensated.
Officers on the 2024 filing
Debora Williams
Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Dwight H. Peterson (2022–2023) — Trustee
Data from IRS Form 990 filings, 2022–2024. "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 Lucille and Harrold Peterson
How large is The Lucille and Harrold Peterson?
The Lucille and Harrold Peterson reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Lucille and Harrold Peterson operate?
The Lucille and Harrold Peterson has awarded grants in Missouri, Oklahoma.
What is The Lucille and Harrold Peterson's EIN?
The Lucille and Harrold Peterson's EIN (Employer Identification Number) is 73-1552150. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work The Lucille and Harrold Peterson funds
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