Private Foundation

PETTERS FAMILY FOUNDATION

PETTERS FAMILY FOUNDATION, of NEWPORT NEWS, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $15.2M in revenue, $3.0M in expenses, $39.2M in total assets. IRS filings disclose 139 grants awarded by this foundation, totaling roughly $17.4M.

EIN: 452323642 NEWPORT NEWS, VA Latest filing: 2024
Total Revenue$15.2M
Total Expenses$3.0M
Total Assets$39.2M
Grants Given139
Grant Total$17.4M
Filing Years2020–2024

Sample Grants Given

COLLEGE OF WILLIAM & MARY FOUNDATION
WILLIAMSBURG, VA · 2024
SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT
$1,005,000
US NAVAL ACADEMY FOUNDATION
ANNAPOLIS, MD · 2024
SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS.
$250,000
VIRGINIA LIVING MUSEUM
NEWPORT NEWS, VA · 2024
GENERAL SUPPORT
$250,000
AN ACHIEVABLE DREAM
NEWPORT NEWS, VA · 2024
GENERAL FUND SUPPORT
$205,000
PEAKE CHILDHOOD CENTER
HAMPTON, VA · 2024
GENERAL SUPPORT FOR LOW INCOME EARLY CHILDHOOD EDUCATION
$200,000

Showing up to 5 of 139 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT Caroline G Sauer
SECRETARY/TREASURER C Michael Petters
PRESIDENT Nancy B Petters
VICE PRESIDENT Sarah Fletcher

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT
$6,430,000 6 grants
GENERAL SUPPORT
$5,291,988 69 grants
SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS.
$1,850,000 8 grants
GENERAL FUND SUPPORT
$1,007,500 8 grants
SPONSORSHIP OF CAMP LAUNCH PROGRAM
$650,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.2M $3.0M $39.2M
2023 $5.2M $2.8M $27.0M
2022 $4.8M $2.4M $25.2M
2021 $1.5M $2.0M $24.0M
2020 $3.8M $3.2M $24.8M

Between 2020 and 2024, reported annual revenue grew from $3.8M to $15.2M (+295%), with total assets most recently reported at $39.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, FL, GA, LA, MD, MS, and 2 other states.

CAFLGALAMDMSNYVA

Full geographic grant map with state-by-state breakdown available with membership.

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