EIN 26-0316905

Peter G Peterson Foundation (PGPF)

IRS 501(c) type
501(c)(3)
Num. employees
46
Year formed
2008
Most recent tax filings
2023-03-01
NTEE code, primary
Description
To increase public awareness of the nature and urgency of the key fiscal challenges threatening America's future and to accelerate action on them.
Total revenues
$10,201,057
2023
Total expenses
$42,851,094
2023
Total assets
$1,010,138,977
2023
Num. employees
46
2023

Program areas at PGPF

Foundation activities - see statement 18 for overview grants and grant-makingthe Foundation provides grants to fund a variety of projectsand organizations that advance its mission. Granteesinclude research organizations, foundations, universities,associations, and other not-for-profit entities that engagein activities outlined under grant agreements with thefoundation. These grants support a range of education,engagement, and research projects and initiatives related tothe nation's long-term fiscal and economic challenges, aswell as the key drivers of debt. A complete listing of ourpaid grants in fiscal year 2023 can be found in part xiv.
Education, awareness, and engagementthe Foundation's education, awareness, and engagement initiatives seek to improve americans' understanding of andparticipation in supporting fiscal sustainability andeconomic resiliency for the next generation. The foundationproduces information on fiscal and economic policy topicsfor the general public; connects a range of audiences withnon-partisan resources and information; and issues policyresearch briefs and statements around key fiscal milestones.the Foundation enables broad discourse regarding fiscal andeconomic issues through its websites and social media. Inaddition, the Foundation holds regular convenings, bringingtogether policy leaders, experts, and elected officials fromacross the political and ideological spectrum to discussfiscal and economic issues.
Policy, research and analysisthe Foundation produces non-partisan research, analyses, and other data-driven information to help make complex fiscal, healthcare, and economic issues more understandable to the public, the media, policymakers, and other stakeholders. The Foundation's research and analyses are incorporated into its education, awareness, and engagement activities, and are made accessible through multiple channels, including the Foundation's websites, public communications, and social media.
Interest income from civica rx - program related investment is used to provide high-needs populations with timely access to essential generic drugs at affordable prices.

Grants made by PGPF

GranteeGrant descriptionAmount
Committee for A Responsible Federal BudgetTo Advance Responsible Fiscal Policy and Budget Process Reform Through Policy Research, Outreach, and Public Engagement.$4,082,051
Good InstituteTo Support the Execution of Up To Us, A Nationwide Nonpartisan Initiative Empowering College Students To Educate and Engage Their Peers on America's Fiscal Challenges and the Impact on Their Future.$3,350,000
Nuclear Threat InitiativeTo Support Nti's Effort To Improve Global Nuclear Security Through Research on Nuclear Materials Security and the Engagement and Development of Leadership Networks of Nuclear Experts and Policymakers Worldwide.$3,000,000
...and 57 more grants made totalling $18,109,221

Personnel at PGPF

NameTitleCompensation
Michael A PetersonDirector and Chairman / President and Chief Executive Officer$0
Suk Yun WonChief Operating Officer$424,125
Laura GordonVice President , Communications and Public Affairs / Vice President , Comm and Public Affairs$277,813
Loretta UcelliExecutive Vice President - Strategy and Communications / Executive Vice President , Strategy and Communications$413,438
Myra SungVice President , Programs$236,719
...and 10 more key personnel

Financials for PGPF

RevenuesFYE 03/2023
Total grants, contributions, etc.$7,500,000
Investment income and dividends$2,263,726
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$437,331
Total revenues$10,201,057

Form 990s for PGPF

Fiscal year endingDate received by IRSFormPDF link
2023-032024-02-15990PFView PDF
2022-032023-02-14990PFView PDF
2021-032022-02-11990PFView PDF
2020-032021-05-05990PFView PDF
2019-032020-07-10990PRView PDF
...and 9 more Form 990s
Data update history
June 4, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 22, 2024
Updated personnel
Identified 1 new personnel
May 20, 2024
Used new vendors
Identified 2 new vendors, including , and
August 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 25, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Political advocacyProvides grantsPartially liquidatedNational levelTax deductible donationsAccepts online donations
General information
Address
888-c Eighth Ave Box 144
New York, NY 10019
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
pgpf.org 
Phone
(212) 542-9200
Facebook page
pgpfoundation 
Twitter profile
@pgpfoundation 
IRS details
EIN
26-0316905
Fiscal year end
March
Taxreturn type
Form 990-PF
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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