Private foundation · Minneapolis, MN

G & D Peterson Foundation

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Typical grant size
$500 – $500 – $1K
25th · median · 75th percentile
Unique recipients
8
Repeat grantees
5
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Gerald Peterson
TRUSTEE
Donna Peterson
TRUSTEE
Barry Newman
TRUSTEE

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
24.8%
grants paid ÷ assets · ~5% IRS minimum
'20
'21
'22
'23
'24
43
Total grants awarded
$128K
Total amount
$3K
Average grant
$40K
Largest grant

Giving by year

2024
$54K
9 grants
2023
$6K
9 grants
2022
$24K
12 grants
2021
$23K
7 grants
2020
$21K
6 grants

Top recipients

Hamline University
8 grants · MN
$94K
Faith Lutheran Church
2 grants · MN
$9K
4 grants · MN · ✓ Exact match
$6K
6 grants · MN · ✓ Exact match
$5K
4 grants · NY · ✓ Exact match
$3K
Gammelgarden Museum
1 grant · MN
$2K
Lihue Lutheran Church
4 grants · HI
$2K
4 grants · MN · ≈ likely match
$2K
3 grants · MN · ✓ Exact match
$2K
Forest Lake YMCA
2 grants · MN
$1K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Hamline University
PETERSON FAMILY SCHOLARSHIP
MN · TY 2024
$40K
Faith Lutheran Church
GENERAL OPERATING
MN · TY 2024
$8K
Gammelgarden Museum
GENERAL OPERATING $1,800; RUNNING OF THE MEATBALLS FUNDRAISER PRIZE MONEY $300
MN · TY 2024
$2K
Ordway Center for the Performing Arts
GENERAL OPERATING
MN · TY 2024
$2K
The Education Foundation of the Forest Lake Area
FUND A GRANT
MN · TY 2024
$500
The Forest Lake Police Relief Association
GENERAL OPERATING
MN · TY 2024
$500
Forest Lake YMCA
GENERAL OPERATING
MN · TY 2024
$500
Lakes Center for Youth and Families
GENERAL OPERATING
MN · TY 2024
$500
St Olaf College
THE ALLEEN CHRISTIAN TOSTRUD ENDOWED SCHOLARSHIP
MN · TY 2024
$250
Ordway Center for the Performing Arts
GENERAL OPERATING
MN · TY 2023
$2K
The Forest Lake Community Scholarship Foundation
DICK STARK MEMORIAL SCHOLARSHIP
MN · TY 2023
$500
Mayo Clinic
GENERAL OPERATING
MN · TY 2023
$500
Hamline University
SCANNING ELECTRON MICROSCOPE FUND
MN · TY 2023
$500
Lihue Lutheran Church
GENERAL OPERATING
HI · TY 2023
$500
The Lakes Center for Youth & Family
FUND A NEED
MN · TY 2023
$500
Lymphoma Research Foundation
GENERAL OPERATING
NY · TY 2023
$500
The Education Foundation of the Forest Lake Area
FUND A GRANT
MN · TY 2023
$500
Twin Cities Public Television
GENERAL OPERATING
MN · TY 2023
$500
Hamline University
PETERSON FAMILY SCHOLARSHIP
MN · TY 2022
$15K
Ordway Center for the Performing Arts
GENERAL OPERATING
MN · TY 2022
$2K
Lymphoma Research Foundation
GENERAL OPERATING
NY · TY 2022
$1K
Hamline University
RICHARD E. PONTINEN SCHOLARSHIP FUND
MN · TY 2022
$1K
Hamline University
SCANNING ELECTRON MICROSCOPE FUND
MN · TY 2022
$1K
Faith Lutheran Church
AFGHAN RESETTLEMENT FAMILY FUND
MN · TY 2022
$1K
The Education Foundation of the Forest Lake Area
WALDOCH FARM EVENT
MN · TY 2022
$750
Mayo Clinic
GENERAL OPERATING
MN · TY 2022
$500
Forest Lake YMCA
SCHOLARSHIP PROGRAM
MN · TY 2022
$500
Lihue Lutheran Church
GENERAL OPERATING
HI · TY 2022
$500
The Education Foundation of the Forest Lake Area
FUND A GRANT
MN · TY 2022
$500
Twin Cities Public Television
GENERAL OPERATING
MN · TY 2022
$500
Hamline University
PETERSON FAMILY SCHOLARSHIP
MN · TY 2021
$18K
The Education Foundation of the Forest Lake Area
WALDOCH FARM EVENT
MN · TY 2021
$2K
Ordway Center for the Performing Arts
GENERAL OPERATING
MN · TY 2021
$2K
Twin Cities Public Television
GENERAL OPERATING
MN · TY 2021
$500
Lymphoma Research Foundation
GENERAL OPERATING
NY · TY 2021
$500
Lihue Lutheran Church
GENERAL OPERATING
HI · TY 2021
$500
Mayo Clinic
GENERAL OPERATING
MN · TY 2021
$500
Hamline University
PETERSON FAMILY SCHOLARSHIP
MN · TY 2020
$18K
Hamline University
SCANNING ELECTRON MICROSCOPE FUND
MN · TY 2020
$1K
The Education Foundation of the Forest Lake Area
WALDOCH FARM EVENT
MN · TY 2020
$1K
Mayo Clinic
GENERAL OPERATING
MN · TY 2020
$500
Lihue Lutheran Church
GENERAL OPERATING
HI · TY 2020
$500
Lymphoma Research Foundation
GENERAL OPERATING
NY · TY 2020
$500

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.