Funder DirectoryPETTERS FAMILY FOUNDATION
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Private foundation (trust)EIN 452323642Est. 2012-01

PETTERS FAMILY FOUNDATION

NEWPORT NEWS, VA 23601

Total Assets

$63.5M

FY 2023

Annual Giving

$2.6M

FY 2023

Grants Made

22

FY 2023

Avg Grant

$120K

FY 2023

Grant Range

$2K–$1.0M

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2023 filing

Total Revenue

$5.2M

Total Expenses

$2.8M

Qualifying Distributions

$2.6M

Distributable Amount

$2.7M

Min. Investment Return

$2.8M

Undistributed Income

$2.7M

Payout rate 97%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.97%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

22 grants

Grant sizes from minimum $2K through median $30K to maximum $1.0M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $3.1M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

84 grants

COLLEGE OF WILLIAM & MARY FOUNDATION
$4.4M
5 grants
US NAVAL ACADEMY FOUNDATION
$1.2M
5 grants
VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION
$1.1M
5 grants
UNITED WAY OF THE VIRGINIA PENINSULA
$1.0M
2 grants
AN ACHIEVABLE DREAM
$600K
4 grants
BEARINGS BIKE SHOP
$450K
4 grants
JESUIT HIGH SCHOOL
$450K
5 grants
THE MARINER'S MUSEUM AND PARK
$400K
4 grants

Grant Size Distribution

84 grants

<$10K
27
grants
$10–50K
15
grants
$50–250K
35
grants
$250K–1M
6
grants
$1–5M
1
grants
$5M+

Geographic Focus

6 states

Virginia
$9.1M
79% of total
Maryland
$1.2M
10% of total
Florida
$500K
4% of total
Georgia
$450K
4% of total
Mississippi
$150K
1% of total
Louisiana
$55K
0% of total

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PETTERS FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo