The Marguerite Petersen Foundation
The Marguerite Petersen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 6 grants totaling $200K. Net investment income was $410K.
Key facts about The Marguerite Petersen Foundation
- EIN
- 88-0460795
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $200,000
- Grants made (2024)
- 6
- Average grant
- $33,333
- Median grant
- $37,500
- Total assets
- $3,038,134
- Primary geography
- Nevada (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Marguerite Petersen Foundation funds
By grant dollars, the top recipient states for The Marguerite Petersen Foundation's 6 itemized 2024 grants were Nevada (100%). The most frequent recipient cities were Reno, NV (3 grants). 17% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+5.3% YoY
Annual Giving
$200K
+0.0% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$33K
+0.0% YoY
Under IRS private-foundation payout rules, The Marguerite Petersen Foundation reported a distributable amount of $230K for 2024 — the minimum it must pay out in qualifying distributions.
About The Marguerite Petersen Foundation
Based on IRS filings
The Marguerite Petersen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 6 grants totaling $200K. Net investment income was $410K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,038,134 | $2,884,438 | $2,888,564 |
| Revenue | $438,945 | $276,154 | $167,241 |
| Expenses | $285,751 | $280,280 | $370,648 |
| Qualifying Distributions | $207,865 | $200,000 | $290,000 |
| Net Investment Income | $409,939 | $247,274 | $132,065 |
| Distributable Amount | $229,665 | $203,884 | $220,238 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys & Girls Club of Truckee Meadows ($50,000), Carson Valley Community Food Closet ($50,000), Northern Nevada Children's Cancer Foundation ($45,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF TRUCKEE MEADOWS RENO, NV | OPERATING COSTS OF MARGE'S CAMP | $50,000 |
| CARSON VALLEY COMMUNITY FOOD CLOSET GARDNERVILLE, NV | PROGRAM FUNDING FOR 2024-25 | $50,000 |
| FOOD BANK OF NORTHERN NEVADA SPARKS, NV | SENIOR FEEDING PROGRAMS | $40,000 |
| NORTHERN NEVADA CHILDREN'S CANCER FOUNDATION RENO, NV | FAMILY ASSISTANCE FUND AND INSPIRE SCHOLARSHIP PROGRAM | $35,000 |
| NEVADA DIABETES ASSOCIATION LAS VEGAS, NV | MEDICAL ASSISTANCE PROGRAM | $15,000 |
| NORTHERN NEVADA CHILDREN'S CANCER FOUNDATION RENO, NV | HOPE FOR THE HOLIDAYS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS A PETERSEN | TRUSTEE/DIRECTOR | 1 | $12,000 |
| STEVEN K PETERSEN | TRUSTEE/TREASURER | 2 | $12,000 |
| KATHLEEN P DEES | TRUSTEE/PRESIDENT/SECRETAR | 2 | $12,000 |
| ROBERT E ARMSTRONG | TRUSTEE/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Marguerite Petersen Foundation?
The Marguerite Petersen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $3.0M in total assets as of 2024.
How large is The Marguerite Petersen Foundation?
As of 2024, The Marguerite Petersen Foundation holds $3.0M in total assets with $439K in annual revenue. It awarded 6 grants totaling $200K in 2024.
Where does The Marguerite Petersen Foundation operate?
The Marguerite Petersen Foundation has awarded grants in Nevada.
What size grants does The Marguerite Petersen Foundation award?
In 2024, The Marguerite Petersen Foundation awarded 6 grants totaling $200K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Marguerite Petersen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Marguerite Petersen Foundation reported a distributable amount of $230K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Marguerite Petersen Foundation's EIN?
The Marguerite Petersen Foundation's EIN (Employer Identification Number) is 88-0460795. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Marguerite Petersen 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.