Michael L Peterson Foundation
Preselected recipients only
Michael L Peterson Foundation is a private foundation in Cedar Falls, Iowa. In tax year 2025 it gave $851,000 in 3 grants; the typical grant was $50,000 and the largest $800,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$851,000
- Number of grants3
- Typical grant$50,000
- Largest grant$800,000
- Assets$3.8 million
- New grantees33%
Giving in 2025 was up from $326,000 the year before.
33% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $0 | 0 | $2.2 million |
| 2023 | $150,000 | 1 | $1.5 million |
| 2024 | $326,000 | 4 | $966,964 |
| 2025 | $851,000 | 3 | $3.8 million |
How to apply
Michael L Peterson Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 3 | $851,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| We Will Collective | Support of a local charity that supports the local community | $800,000 |
| Clear Lake Development Foundation | Support of a local charity that supports the local community | $50,000 |
| No Foot Too Small | Support of a local charity that supports the local community | $1,000 |
Officers and trustees
- Michael L Peterson
Questions people ask
Does Michael L Peterson Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Michael L Peterson Foundation give?
$851,000 in tax year 2025, across 3 grants, with a typical grant of $50,000.
Who runs Michael L Peterson Foundation?
Its 2025 filing lists Michael L Peterson (Trustee).