The Peterson Family Foundation
The Peterson Family Foundation is a private foundation, based in Excelsior, MN. IRS filing data is available from 2021 through 2023. In 2023, it awarded 1 grant totaling $1.2M. Net investment income was $80K.
The Peterson Family Foundation at a glance
In short: The Peterson Family Foundation gave $1.2M across 1 grant in 2023 (avg $1.2M), mostly in Minnesota. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,223,021
- +3287.9% vs 2022
- Grants made (2023)
- 1
- -97.0% vs 2022
- Average grant
- $1,223,021
- +111699.7% vs 2022
- Median grant
- $1,223,021
- Primary geography
- Minnesota (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Peterson Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was The Minneapolis Foundation ($1.2M).
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 35 grants of 36 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How The Peterson Family Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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 2021 to 2023, annual grant giving ranged from $35K (2021) to $1.2M (2023). In 2023 it made 1 grant totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Minneapolis Foundation Minneapolis, MN | General Support | $1,223,021 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $1,308,787 | $1,233,031 | $1,223,021 | 1 | $1,227,551 | $80,402 | $5,089 |
| 2022 | $250 | $49,350 | $69,577 | $36,100 | 33 | $36,100 | — | $359 |
| 2021 | $19,477 | $137,094 | $117,620 | $35,200 | 2 | $35,200 | — | — |
Under IRS private-foundation payout rules, The Peterson Family Foundation reported a distributable amount of $5K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Peterson Family Foundation is led by Kristina Elise Whittaker, President since 2023 (on filings since 2022); none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Kristina Elise Whittaker
President
Vice President → President, 2023
On filings since 2022
0.5 hrs/week
No compensation reported
Brian J. Peterson
Former President
Ceopresident → CEO & President, 2022
CEO & President → Former President, 2023
On filings since 2021
1 hr/week
No compensation reported
Jon Peterson
Treasurer
On filings since 2022
0 hrs/week
No compensation reported
Former officers (1)
- Former: Elise Whittaker (2021) — Vice President
Data from IRS Form 990 filings, 2021–2023. "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 Peterson Family Foundation
How much does The Peterson Family Foundation give each year?
The Peterson Family Foundation gave $1.2M across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $36K across 33 grants.
Where does The Peterson Family Foundation operate?
The Peterson Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Indiana, Kansas, Maryland, Michigan, Minnesota, Mississippi, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, Utah, Wisconsin.
How much is The Peterson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Peterson Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peterson Family Foundation's EIN?
The Peterson Family Foundation's EIN (Employer Identification Number) is 14-1983671. IRS Form 990 filing data is available on this page for 2021–2023.
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 2021–2023
Live grants for the work The Peterson Family Foundation funds
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