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DAVID B PETERSON FOUNDATION

NEW YORK, NY · EIN 261606939 · Form 990PF · FY2023 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$194K
expenses
$17K
net assets
$6.8M
employees
profile · synthesized from sources

Private foundation based in New York that makes grants to nonprofit organizations supporting education, children's services, the arts, and historic preservation. The foundation does not appear to conduct direct programming, instead focusing on financial support for other charitable entities. Grants in 2022 and 2023 totaled over $600,000 to organizations including Harlem Academy, the Beau Biden Foundation, and the National Trust for Historic Preservation.

named programs · 1 · from sources

What they call their work

General Grant Program
Unrestricted and project-specific grants to support core operations and special initiatives of nonprofit organizations in education, child welfare, the arts, and historic preservation.
activities · 7 groups

What they do

  • Art Museum Funding and Support 2 activities
    • Funding Foundation for Art & Preservation in Embassies
      Funds the Foundation for Art & Preservation in Embassies to support its core activities.
    • Funding public art exhibitions
      Funds the New York Foundation for the Arts Inc to support "Analogue Sites" by Jorge Otero-Pailos, a public art exhibition on Park Avenue, New York.
  • Pediatric Medical Care and Research Support 1 activity
    • Funding Beau Biden Foundation for the Protection of Children
      Funds the Beau Biden Foundation for the Protection of Children to support its core activities.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding Columbia University's ONERA Prize
      Funds Columbia University in the City of New York to support the 2024 ONERA Prize.
  • Mental Health Research and Services Funding 1 activity
    • Funding Endeavor Therapeutic Horsemanship Inc
      Funds Endeavor Therapeutic Horsemanship Inc to support its core activities and 10th anniversary event.
  • Private K–12 School Support 1 activity
    • Funding Harlem Academy programs and initiatives
      Funds Harlem Academy to support its core activities, general operations, and capital campaign, including the Future Leaders Capital Campaign.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding Healing the Children Northeast Incorporated
      Funds Healing the Children Northeast Incorporated to support its core activities.
  • Historic Preservation Support Grants 1 activity
    • Funding National Trust for Historic Preservation's The Glass House
      Funds the National Trust for Historic Preservation to support The Glass House.
financials · form 990PF · fy2023
revenue
Total revenue$194K
Contributions & grants$00%
Program service revenue
Investment income$161K83%
Other revenue$32K
expenses
Total expenses$17K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$460K
balance sheet
Total assets$6.81M
Cash
Investments
Liabilities
Net assets$6.81M
5 years on record · 2019–2023 · YoY revenue +32.6%
leadership · form 990 part vii · fy2023

Who runs it

board members · 2
  • DAVID B PETERSON — DIRECTOR, CHAIRMAN, PRESIDENT
  • MICHAEL A PETERSON — DIRECTOR & SECRETARY
relationships · 8

Who they work with

  • BEAU BIDEN FOUNDATION FOR THE PROTECTION OF CHILDREN Partner — Receives grants from DAVID B PETERSON FOUNDATION to support its core activities.
  • COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK Partner — Receives grants from DAVID B PETERSON FOUNDATION to support the 2024 ONERA Prize.
  • ENDEAVOR THERAPEUTIC HORSEMANSHIP INC Partner — Receives grants from DAVID B PETERSON FOUNDATION to support its 10th anniversary event and core activities.
  • FOUNDATION FOR ART & PRESERVATION IN EMBASSIES Partner — Receives grants from DAVID B PETERSON FOUNDATION to support its core activities.
  • HARLEM ACADEMY Partner — Receives grants from DAVID B PETERSON FOUNDATION to support core activities, capital campaigns, and general operations.
  • HEALING THE CHILDREN NORTHEAST INCORPORATED Partner — Receives funding from DAVID B PETERSON FOUNDATION to support its core activities.
  • NATIONAL TRUST FOR HISTORIC PRESERVATION Partner — Receives funding from DAVID B PETERSON FOUNDATION to support The Glass House.
  • NEW YORK FOUNDATION FOR THE ARTS INC Partner — Receives funding from DAVID B PETERSON FOUNDATION to support a public art exhibition on Park Avenue, New York.