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MICHAEL A PETERSON FOUNDATION

NEW YORK, NY · EIN 261607103 · Form 990PF · FY2023 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$263K
expenses
$17K
net assets
$6.3M
employees
profile · synthesized from sources

The MICHAEL A PETERSON FOUNDATION is a private foundation based in New York that supports charitable causes through grantmaking. It funds a range of organizations, including educational institutions, crisis relief funds, and nonprofits serving children and mental health. The foundation does not appear to conduct direct services, focusing instead on financial support to other nonprofits.

named programs · 5 · from sources

What they call their work

Disaster Relief Funding
Supports community crisis funds responding to natural disasters such as Hurricane Helene
Education Support Grants
Provides funding to private and university-level educational institutions for capital campaigns, annual funds, and endowed funds
Mental Health Initiatives
Supports core activities of mental health organizations such as the Child Mind Institute
Public Media Support
Provides grants to public media organizations such as WNET for annual fund activities
Scholarship Support
Funds scholarships for children through nonprofit organizations like the Inner-City Scholarship Fund
activities · 5 groups

What they do

  • Private K–12 School Support 3 activities
    • Funding Dwight Englewood School's annual fund
      Provides $50,000 in support to Dwight Englewood School's annual fund in 2023.
    • Funding Phillips Academy's capital campaign
      Funds Phillips Academy's capital campaign through a $150,000 grant, as awarded in both 2022 and 2023.
    • Funding scholarships for children through the Inner-City Scholarship Fund
      Awards a $16,200 grant in 2023 to the Inner-City Scholarship Fund to support scholarships for children.
  • University-Specific Endowment and Program Funding 2 activities
    • Funding Brown University's annual fund
      Funds Brown University's annual fund through a $50,000 grant awarded in both 2022 and 2023.
    • Funding Northwestern University's annual and endowed funds
      Supports Northwestern University through a $50,000 grant to its annual fund and a $25,000 grant to an endowed fund in 2023.
  • General Operating Support Grants 2 activities
    • Funding The Child Mind Institute's core activities
      Supports the core operations of The Child Mind Institute with a $50,000 grant in 2022.
    • Funding core activities of the American Fund for LSE
      Supports the core operations of the American Fund for LSE with a $10,000 grant in 2023.
  • Public Media Funding 1 activity
    • Funding WNET's annual fund
      Provides $10,000 in support to WNET's annual fund in 2023.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding the Hurricane Helene Community Crisis Fund
      Funds disaster relief through a $100,000 grant to the Community Foundation for the CSRA for the Hurricane Helene Community Crisis Fund in 2023.
financials · form 990PF · fy2023
revenue
Total revenue$263K
Contributions & grants
Program service revenue
Investment income$207K79%
Other revenue$56K
expenses
Total expenses$17K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$461K
balance sheet
Total assets$6.34M
Cash
Investments
Liabilities
Net assets$6.34M
4 years on record · 2019–2023 · YoY revenue -51.6%
leadership · form 990 part vii · fy2023

Who runs it

board members · 1
  • MICHAEL A PETERSON — DIRECTOR, CHAIRMAN, PRES, SECY
relationships · 9

Who they work with

  • AMERICAN FUND FOR LSE Partner — Receives grants from the foundation to support its core activities.
  • BROWN UNIVERSITY Partner — Receives grants from the foundation to support its annual fund.
  • COMMUNITY FOUNDATION FOR THE CSRA Partner — Receives grants from the foundation to support the Hurricane Helene Community Crisis Fund.
  • DWIGHT ENGLEWOOD SCHOOL Partner — Receives grants from the foundation to support its annual fund.
  • INNER-CITY SCHOLARSHIP FUND Partner — Receives grants from the foundation to support scholarships for children.
  • NORTHWESTERN UNIVERSITY Partner — Receives grants from the foundation to support its annual and endowed funds.
  • PHILLIPS ACADEMY Partner — Receives grants from the foundation to support its capital campaign.
  • THE CHILD MIND INSTITUTE Partner — Receives grants from the foundation to support its core activities.
  • WNET Partner — Receives grants from the foundation to support its annual fund.