The Petersen Foundation

Private foundation · Grantmaker Bountiful, UT EIN: 46-3164831

The Petersen Foundation is a private foundation focused on religion, based in Bountiful, UT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $475 in total assets. In 2025, it awarded 5 grants totaling $3K.

Key facts about The Petersen Foundation

In short: The Petersen Foundation gave $3K across 5 grants in 2025 (avg $557.2), mostly in Utah. Source: 2025 IRS Form 990-PF.

EIN
46-3164831
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,786
Grants made (2025)
5
Average grant
$557
Median grant
$100
Total assets
$475
Primary geography
Utah (59% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$475

+0.0% YoY

Annual Giving

$3K

+85.7% YoY

Grant Count

5

+400.0% YoY

Avg Grant Size

$557.2

-62.9% YoY

Under IRS private-foundation payout rules, The Petersen Foundation reported a distributable amount of $23 for 2025 — the minimum it must pay out in qualifying distributions.

How The Petersen Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−16%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

BountifulFruit HeightsJacksonOrlandoSalt Lake CitySan Juan Capistrano

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K1 grant2019 0 grants2020 4 grants2021 2 grants2022 1 grant2023 1 grant2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2024) to $5K (2023). In 2025 it made 5 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Huntsman Cancer Institute: $2KHuntsman Cancer Institute$2KThe Assistance Fund: $1KThe Assistance Fund$1KAlan Haacke: $100Alan Haacke$100San Juan Hills High School: $48San Juan Hills High School$48Hughes Charitable Foundation: $25Hughes Charitable Foundation$25

The largest 2025 recipient was Huntsman Cancer Institute ($2K). Together the top 5 received $3K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Huntsman Cancer Institute Salt Lake City, UTGeneral Donation$1,545
The Assistance Fund Orlando, FLGeneral Donation$1,068
Alan Haacke Bountiful, UTHelp for Needy Individual$100
San Juan Hills High School San Juan Capistrano, CAGeneral Donation$48
Hughes Charitable Foundation Jackson, WYGeneral Donation$25

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K$8K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$475$475$1,975
Revenue$3,271—$5,000
Expenses$3,271$1,500$5,000
Qualifying Distributions$3,271$1,500$5,000
Distributable Amount$23$88$97

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS September 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 3, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 24, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 25, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS June 23, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

The Petersen Foundation's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Cade Petersen

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christine Petersen

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lyle Petersen

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mikelle Kennedy

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tara Jessop

    Trustee

    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 Petersen Foundation

How much does The Petersen Foundation give each year?

The Petersen Foundation gave $3K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.

What is The Petersen Foundation's typical grant size?

The Petersen Foundation's median grant in 2025 was $100, and its average grant was $557, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Petersen Foundation give grants?

The Petersen Foundation gives mostly in Utah: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (38%).

Does The Petersen Foundation give general operating support?

Yes: 80% of The Petersen Foundation's 2025 grants with a stated purpose (4 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Petersen Foundation's largest grantees?

The Petersen Foundation's largest 2025 grantees include Huntsman Cancer Institute ($1,545), The Assistance Fund ($1,068) and Alan Haacke ($100), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

How large is The Petersen Foundation?

The Petersen Foundation reported $475 in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $23 (roughly 5% of its investment assets).

What is The Petersen Foundation?

The Petersen Foundation is a private foundation focused on religion, based in Bountiful, UT. It holds $475 in total assets as of 2025.

What is The Petersen Foundation's EIN?

The Petersen Foundation's EIN (Employer Identification Number) is 46-3164831. 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.

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