The Terry & Hollye Peterson Foundation
The Terry & Hollye Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $500K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$500K
+2.2% YoY
Annual Giving
$2K
-90.8% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$750
-76.9% YoY
Under IRS private-foundation payout rules, The Terry & Hollye Peterson Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About The Terry & Hollye Peterson Foundation
Based on IRS filings
The Terry & Hollye Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $500K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $13K.
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 | $499,634 | $488,822 | $499,463 |
| Revenue | $13,375 | $6,934 | $2,482 |
| Expenses | $2,563 | $17,575 | $11,809 |
| Qualifying Distributions | $2,273 | $17,286 | $11,800 |
| Net Investment Income | $13,182 | $6,682 | $2,482 |
| Distributable Amount | $24,253 | $24,228 | $24,568 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Westside Foundation ($1,000), Nevada Northern Railroad Museum ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| NEVADA NORTHERN RAILROAD MUSEUM ELY, NV | GENERAL SUPPORT | $500 |
| WESTSIDE FOUNDATION OMAHA, NE | BOYS GOLF | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERENCE R PETERSON | PRESIDENT/TREASURER | 1 | — |
| HOLLYE J HEMPEL | SECRETARY | 1 | — |
| FAWN R BOTTOLFSON | DIRECTOR | 1 | — |
| JEFFERY J PETERSON | DIRECTOR | 1 | — |
| ERIC D RAUCH | DIRECTOR | 1 | — |
| IAN B RAUCH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Terry & Hollye Peterson Foundation?
The Terry & Hollye Peterson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OMAHA, NE. It holds $500K in total assets as of 2024.
How large is The Terry & Hollye Peterson Foundation?
As of 2024, The Terry & Hollye Peterson Foundation holds $500K in total assets with $13K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does The Terry & Hollye Peterson Foundation operate?
The Terry & Hollye Peterson Foundation has awarded grants in Michigan, Nebraska, Nevada, New York, Virginia.
What size grants does The Terry & Hollye Peterson Foundation award?
In 2024, The Terry & Hollye Peterson Foundation awarded 2 grants totaling $2K — an average of about $750 per grant, based on its IRS Form 990 filings.
How much is The Terry & Hollye Peterson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Terry & Hollye Peterson Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Terry & Hollye Peterson Foundation's EIN?
The Terry & Hollye Peterson Foundation's EIN (Employer Identification Number) is 81-0903583. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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