G & D Peterson Foundation
Preselected recipients only
G & D Peterson Foundation is a private foundation in Minneapolis, Minnesota. In tax year 2024 it gave $54,250 in 9 grants; the typical grant was $500 and the largest $40,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$54,250
- Number of grants9
- Typical grant$500
- Largest grant$40,000
- Assets$224,193
- New grantees67%
Giving in 2024 was up from $5,500 the year before.
67% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $5,500 | 9 | $257,126 |
| 2024 | $54,250 | 9 | $224,193 |
How to apply
G & D 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.
What G & D Peterson Foundation funds
Where it gives
All of its grants went to recipients in Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 9 | $54,250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Hamline University | Peterson family scholarship | $40,000 |
| Faith Lutheran Church | General operating | $8,400 |
| Gammelgarden Museum | General operating $1,800; running of the meatballs fundraiser prize money $300 | $2,100 |
| Ordway Center for the Performing Arts | General operating | $1,500 |
| Forest Lake YMCA | General operating | $500 |
| Lakes Center for Youth and Families | General operating | $500 |
| The Education Foundation of the Forest Lake Area | Fund a grant | $500 |
| The Forest Lake Police Relief Association | General operating | $500 |
| St Olaf College | The alleen christian tostrud endowed scholarship | $250 |
Officers and trustees
- Gerald Peterson
- Donna Peterson
- Barry Newman
Questions people ask
Does G & D Peterson Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does G & D Peterson Foundation give?
$54,250 in tax year 2024, across 9 grants, with a typical grant of $500.
Who runs G & D Peterson Foundation?
Its 2024 filing lists Gerald Peterson (Trustee), Donna Peterson (Trustee) and Barry Newman (Trustee).
What does G & D Peterson Foundation fund?
Based on its grants, mainly education, faith communities and arts and culture.