The Terry & Hollye Peterson Foundation
The Terry & Hollye Peterson Foundation is a private foundation, based in Omaha, NE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $611K in total assets. In 2025, it awarded 4 grants totaling $9K. Net investment income was $22K.
The Terry & Hollye Peterson Foundation at a glance
In short: The Terry & Hollye Peterson Foundation gave $9K across 4 grants in 2025 (avg $2K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $9,250
- +516.7% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $2,313
- +208.3% vs 2024
- Median grant
- $2,000
- Total assets
- $611,337
- +22.4% vs 2024
- Primary geography
- Nebraska (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Terry & Hollye Peterson Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Saint Patrick's Catholic School ($5K). Together the top 4 received $9K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Terry & Hollye Peterson Foundation gives
- Giving fell 22% from 2022 to 2025. Method
- In 2025 it paid out 34% 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 2019 to 2025, annual grant giving ranged from $2K (2024) to $24K (2020). In 2025 it made 4 grants totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saint Patrick's Catholic School Elkhorn, NE | General Support | $5,000 |
| Omaha Catholic School Consortium Omaha, NE | Genearl Support | $3,000 |
| Nebraska Humane Society Omaha, NE | General Support | $1,000 |
| TLC Pregnancy Services Elgin, IL | General Support | $250 |
Ready to take the next step with The Terry & Hollye Peterson Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $611,337 | $122,151 | $10,448 | $9,250 | 4 | $10,040 | $21,954 | $29,317 |
| 2024 | $499,634 | $13,375 | $2,563 | $1,500 | 2 | $2,273 | $13,182 | $24,253 |
| 2023 | $488,822 | $6,934 | $17,575 | $16,250 | 5 | $17,286 | $6,682 | $24,228 |
| 2022 | $499,463 | $2,482 | $11,809 | $11,800 | 4 | $11,800 | $2,482 | $24,568 |
| 2021 | $508,790 | $100,769 | $16,152 | $15,500 | 4 | $15,980 | $626 | $20,628 |
| 2020 | $424,173 | $102,225 | $24,402 | $23,750 | 7 | — | $2,105 | $16,419 |
| 2019 | $346,350 | $102,686 | $13,823 | $13,250 | 5 | — | $2,586 | $12,559 |
Under IRS private-foundation payout rules, The Terry & Hollye Peterson Foundation reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Terry & Hollye Peterson Foundation is led by Terence R. Peterson, President & Treasurer on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Terence R. Peterson
President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Eric D. Rauch
Director
On filings since 2019
1 hr/week
No compensation reported
Fawn R. Bottolfson
Director
On filings since 2019
1 hr/week
No compensation reported
Ian B. Rauch
Director
On filings since 2019
1 hr/week
No compensation reported
Jeffery J. Peterson
Director
On filings since 2019
1 hr/week
No compensation reported
Hollye J. Hempel
Secretary
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 Terry & Hollye Peterson Foundation
How much does The Terry & Hollye Peterson Foundation give each year?
The Terry & Hollye Peterson Foundation gave $9K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 2 grants.
What is The Terry & Hollye Peterson Foundation's typical grant size?
The Terry & Hollye Peterson Foundation's median grant in 2025 was $2,000, and its average grant was $2,313, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Terry & Hollye Peterson Foundation give grants?
The Terry & Hollye Peterson Foundation gives mostly in Nebraska: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Omaha, NE (2 grants).
Does The Terry & Hollye Peterson Foundation give general operating support?
Yes: 75% of The Terry & Hollye Peterson Foundation's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Terry & Hollye Peterson Foundation?
The Terry & Hollye Peterson Foundation reported $611K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $29K (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.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 29, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 27, 2024)
Explore Open Grants
Browse active grant opportunities in The Terry & Hollye Peterson Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Harley and Beth Schrager Foundation
Omaha, NE
The Harley and Beth Schrager Foundation funds varied charitable organizations, including schools, arts groups, and community and service organizations, with 2025 grants ranging from $3,000 to $25,000 (median $10,000). Its 2025 grants all went to recipients in Nebraska. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$188K
Grants
11
Total Given
$138K
Growing Good Foundation
Omaha, NE
The foundation supports a varied mix of charitable work, including mindfulness, community health, cancer support, substance-use recovery, education, and youth programs. In 2024, its 11 grants ranged from $500 to $3,000, mostly benefiting organizations in Nebraska, with some funding in California and New Hampshire. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$742K
Grants
11
Total Given
$12K
Diabetes Care Foundation
Omaha, NE
The foundation funds health care and research, education, food access, homelessness services, and child protection, with recent grants concentrated in Texas and Nebraska and smaller support in Illinois. Its 2025 grants ranged from $5,000 to $1.45 million, with a median of $15,000. It supports only preselected organizations and does not accept unsolicited funding requests.
Assets
$25.6M
Grants
18
Total Given
$3.9M
Phillip and Terri Schrager Foundation
Omaha, NE
The Phillip and Terri Schrager Foundation supports Nebraska charities working in areas including community services, education, the arts, hunger relief, and child welfare. Its 2025 grants ranged from $270 to $548,323, with a median grant of $10,000; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$565K
Grants
27
Total Given
$1.8M
Suzanne & Walter Scott Foundation
Omaha, NE
The Suzanne & Walter Scott Foundation supports education, leadership and community initiatives, including scholarships, nonprofit capacity, civic spaces, arts and healthcare, with a preference for organizations based in or benefiting Omaha and Nebraska. In 2024, grants ranged from $7,000 to $7.5 million, with a median of $43,125; most grants are by invitation, though the foundation lists several open opportunities.
Assets
$965.1M
Grants
60
Total Given
$25.7M
Kenneth (Kim) & Karen Hawkins Foundation
Omaha, NE
The Kenneth (Kim) & Karen Hawkins Foundation funds community services, religious organizations, education, health, and arts and cultural organizations, primarily in Nebraska. Its 2025 grants ranged from $50 to $158,250, with a median award of $8,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$441K
Grants
30
Total Given
$718K
More similar funders
More Funders in Nebraska
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Terry & Hollye Peterson Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Terry & Hollye Peterson Foundation down — hundreds of funders to go?