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EIN 45-2323642

Petters Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Newport News
State
Virginia
Year formed
2012
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Petters Family Foundation is a family foundation based in Newport News, VA, that primarily funds general support, the naval academy annual fund, and STEM and minority outreach programs for admissions. It sponsors the Camp Launch program and provides general support to various organizations, including the College of William & Mary Foundation among others. Last year, the foundation made 22 grants.
Total revenues
$5,182,581
2023
Total expenses
$2,783,627
2023
Total assets
$26,982,099
2023
Num. employees
0
2023

Grants made by Petters Family Foundation

GranteeGrant descriptionAmount
Virginia Living MuseumGeneral Support$250,000
Peake Childhood CenterGeneral Support for Low Income Early Childhood Education$235,000
An Achievable Dream (AAD)General Fund Support$200,000
...and 12 more grants made

Personnel at Petters Family Foundation

NameTitleCompensation
C Michael PettersSecretary and Treasurer$0

Financials for Petters Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$967,144
Investment income and dividends$1,412,784
Net rental income$0
Net gain from sale of non-inventory assets$2,793,022
Gross sales of inventory$0
Miscellaneous revenues$9,631
Total revenues$5,182,581

Form 990s for Petters Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-05-12990PFView PDF
2021-122022-05-13990PFView PDF
2020-122021-05-14990PFView PDF
2019-122021-06-10990PFView PDF
...and 8 more Form 990s

Organizations like Petters Family Foundation

OrganizationLocationRevenue
Cobscook ShoresGreat Neck, NY$2,090,000
Mike Curb FoundationNashville, TN$5,383,958
The Manaaki FoundationChicago, IL$2,886,141
Mark and Anla Cheng Kingdon FundNew York, NY$23,908,833
Dr Joy To the WorldMelville, NY$3,564,928
The Lyda Hill FoundationDallas, TX$13,669,899
Jay and Jean Schottenstein FoundationColumbus, OH$13,356,737
David E and Mary C Gallo FoundationModesto, CA$2,547,093
Schoeneckers FoundationMinneapolis, MN$12,855,958
Edwards FoundationRedwood City, CA$2,621,304
Data update history
July 9, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 11, 2022
Posted financials
Added Form 990PF for fiscal year 2020
October 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
134 James River Dr
Newport News, VA 23601
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Newport News city, VA
Phone
(757) 624-3175
IRS details
EIN
45-2323642
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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