Private Foundation

PETTERS FAMILY FOUNDATION

PETTERS FAMILY FOUNDATION, of NEWPORT NEWS, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $14.9M in revenue, $3.8M in expenses, $50.3M in total assets. IRS filings disclose 168 grants awarded by this foundation, totaling roughly $20.7M.

EIN: 452323642 NEWPORT NEWS, VA Corporate Foundations NTEE: T21 Latest filing: 2025
Total Revenue$14.9M
Total Expenses$3.8M
Total Assets$50.3M
Grants Given168
Grant Total$20.7M
Filing Years2021–2025

Sample Grants Given

WILLIAM & MARY FOUNDATION
WILLIAMSBURG, VA · 2025
SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT
$1,000,000
SOUNDSCAPES
NEWPORT NEWS, VA · 2025
GENERAL SUPPORT
$366,990
US NAVAL ACADEMY FOUNDATION
ANNAPOLIS, MD · 2025
SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS.
$250,000
VIRGINIA LIVING MUSEUM
NEWPORT NEWS, VA · 2025
GENERAL SUPPORT
$250,000
SON OF A SAINT
NEW ORLEANS, LA · 2025
IMPROVING THE LIVES OF FATHERLESS BOYS IN NEW ORLELANS
$210,000

Showing up to 5 of 168 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
$7,430,000 7 grants
GENERAL SUPPORT
$6,391,478 84 grants
SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS.
$2,100,000 9 grants
GENERAL FUND SUPPORT
$1,242,500 14 grants
GENERAL SUPPORT FOR LOW INCOME EARLY CHILDHOOD EDUCATION
$818,600 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $14.9M $3.8M $50.3M
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

Between 2021 and 2025, reported annual revenue grew from $1.5M to $14.9M (+887%), with total assets most recently reported at $50.3M.

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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