JOHN M AND GERTRUDE E PETERSEN FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: JOHN M AND GERTRUDE E PETERSEN FOUNDATION (EIN 25-1859031)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202403209349101420
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Stock Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T09:45:14-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	251690617	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SCHAFFNER KNIGHT MINNAUGH & CO PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1545 WEST 38TH STREET	AddressLine1Txt
City	ERIE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	165082347	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	251859031	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN M & GERTRUDE E PETERSEN	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	JOHN	BusinessNameControlTxt
Phone	8148707711	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	100 STATE STREET SUITE 700	AddressLine1Txt
City	ERIE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	165071459	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL P THOMAS	PersonNm
Person Title	SECRETARY	PersonTitleTxt
Phone	9896002098	PhoneNum
Signature	2024-11-15	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DENNIS W GROW CPA	PreparerPersonNm
PTIN	P00190259	PTIN
Phone	8144541997	PhoneNum
Preparation	2024-11-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$20,293,619	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$524,169	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$483,051	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$251,547	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,866,446	GrossSalesPriceAmt
Total Rev And Expnss	$775,716	TotalRevAndExpnssAmt
Total Net Invst Incm	$483,051	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$5,919	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$3,700	AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss	$72,249	OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss	$6,594	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$84,762	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$3,700	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$810,442	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$810,442	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$895,204	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$3,700	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$810,442	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$119,488	ExcessRevenueOverExpensesAmt
Net Investment Income	$479,351	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$20,959	CashBOYAmt
Cash EOY	$12,319	CashEOYAmt
Cash EOYFMV	$12,319	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,280,632	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$2,781,499	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,781,499	SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY	$3,305	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$6,489	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$6,489	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$4,554,906	CorporateStockBOYAmt
Corporate Stock EOY	$2,940,007	CorporateStockEOYAmt
Corporate Stock EOYFMV	$17,493,312	CorporateStockEOYFMVAmt
Total Assets BOY	$5,859,802	TotalAssetsBOYAmt
Total Assets EOY	$5,740,314	TotalAssetsEOYAmt
Total Assets EOYFMV	$20,293,619	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$5,859,802	RetainedEarningBOYAmt
Retained Earning EOY	$5,740,314	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$5,859,802	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,740,314	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,859,802	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,740,314	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$5,859,802	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$119,488	ExcessRevenueOverExpensesAmt
Subtotal	$5,740,314	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$5,740,314	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$6,663	InvestmentIncomeExciseTaxAmt
Subtotal	$6,663	SubtotalAmt
Tax Based On Investment Income	$6,663	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$6,200	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$6,200	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$360	EsPenaltyAmt
Tax Due	$823	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	PA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	RICHARD C PETERSEN	IndividualWithBooksNm
Phone	9896002098	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4765 KODIAK DRIVE	AddressLine1Txt
City	TRAVERSE CITY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49685	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JOAN CHALIKIAN
6 HOVER CREEK ROAD	SAVANNAH	GA	31419	PRESIDENT	000.00	$0	$0	$0
MICHAEL P THOMAS
100 STATE STREET SUITE 700	ERIE	PA	16507	SECRETARY	000.00	$0	$0	$0
RICHARD C PETERSEN JR
4765 KODIAK DRIVE	TRAVERSE CITY	MI	49685	EXECUTIVE DI	000.00	$0	$0	$0
PATRICIA A RICKLOFF
16120 CASTLE PARK TERRACE	LAKEWOOD RANCH	FL	342025708	DIRECTOR	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$19,983,423	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,204,411	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$21,187,834	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$21,187,834	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$317,818	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$20,870,016	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,043,501	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,043,501	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$6,663	TaxBasedOnInvestmentIncomeAmt
Total Tax	$6,663	TotalTaxAmt
Distributable Before Adj	$1,036,838	DistributableBeforeAdjAmt
Distributable Before Ded	$1,036,838	DistributableBeforeDedAmt
Distributable As Adjusted	$1,036,838	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$810,442	ExpensesAndContributionsAmt
Qualifying Distributions	$810,442	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,036,838	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$100,751	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$203,062	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$77,168	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$11,425	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$72,149	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$464,555	TotalExcessDistributionCyovAmt
Qualifying Distributions	$810,442	QualifyingDistributionsAmt
Applied To Current Year	$810,442	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$226,396	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$226,396	ExcessDistributionCyovAppCYAmt
Total Corpus	$238,159	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$238,159	ExcessDistriCyovToNextYrAmt
Excess From Year4	$77,417	ExcessFromYear4Amt
Excess From Year3	$77,168	ExcessFromYear3Amt
Excess From Year2	$11,425	ExcessFromYear2Amt
Excess From Year1	$72,149	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	GERTRUDE E PETERSEN	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	RICHARD C PETERSEN	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	4765 KODIAK DRIVE	AddressLine1Txt
City	TRAVERSE CITY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49685	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	9896002098	RecipientPhoneNum
Recipient Email Address	RZP0CM124@GMAIL.COM	RecipientEmailAddressTxt
Form And Info And Materials	REQUEST FOR FUNDING APPLICATION THE FOLLOWING ATTACHMENTS SHOULD BE INCLUDED WITH THE FUNDING APPLICATION: COPY OF IRS DETERMINATION LETTER REGARDING YOUR AGENCY'S TAX EXEMPT STATUS; ROSTER OF CURRENT BOARD OF DIRECTORS, TO INCLUDE ADDRESSES, PHONE NUMBERS AND OCCUPATIONS; AUDITED FINANCIAL STATEMENTS, IF APPLICABLE.	FormAndInfoAndMaterialsTxt
Submission Deadlines	N/A	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
ASBURY WOODS
4105 ASBURY ROAD	ERIE	PA	16506	NONE	PUBLIC CHARI	GENERAL SUPPORT	$70,000
BENEDICTINE SISTERS OF ERIE
6101 EAST LAKE ROAD	ERIE	PA	16511	NONE	PUBLIC CHARI	CAPITAL IMPROVEMENT	$18,000
BOYS AND GIRLS CLUB OF ERIE INC
1515 EAST LAKE ROAD	ERIE	PA	16511	NONE	PUBLIC CHARI	GENERAL SUPPORT	$5,000
CATHOLIC CHARITIES OF ERIE
329 WEST 10TH STREET	ERIE	PA	16502	NONE	PUBLIC CHARI	GENERAL SUPPORT	$6,500
COMMUNITY COUNTRY DAY SCHOOL
5800 ZUCK ROAD	ERIE	PA	16506	NONE	PUBLIC CHARI	GENERAL SUPPORT	$45,500
EMMAUS MINISTRIES INC
345 EAST 9TH STREET	ERIE	PA	16503	NONE	PUBLIC CHARI	GENERAL SUPPORT	$5,000
ERIE CITY MISSION
PO BOX 407	ERIE	PA	16512	NONE	PUBLIC CHARI	GENERAL SUPPORT	$10,000
FAMILY HOUSE
5001 BAUM BLVD	PITTSBURGH	PA	15213	NONE	PUBLIC CHAR	GENERAL SUPPORT	$260,000	SUITE 545
GIRL SCOUTS OF WESTERN PA
503 MARTINDALE STREET	PITTSBURGH	PA	15212	NONE	PUBLIC CHARI	GENERAL SUPPORT	$63,300	SUITE 500
HARBORCREEK YOUTH SERVICES
5712 IROQUOIS AVENUE	HARBORCREEK	PA	16421	NONE	PUBLIC CHAR	GENERAL SUPPORT	$250,000
INNER CITY NEIGHBORHOOD ART HOUSE
201 EAST 10TH ST	ERIE	PA	16503	NONE	PUBLIC CHARI	GENERAL SUPPORT	$5,000
MERCY CENTER FOR WOMEN
1039 EAST 27TH ST	ERIE	PA	16504	NONE	PUBLIC CHARI	GENERAL SUPPORT	$50,000
SAINT PAUL'S NEIGHBORHOOD FREE
1608 WALNUT STREET	ERIE	PA	16502	NONE	PUBLIC CHARI	GENERAL SUPPORT	$5,000		CLINIC
SALVATION ARMY
1022 LIBERTY STREET	ERIE	PA	16502	NONE	PUBLIC CHAR	GENERAL SUPPORT	$5,000
ST MARTIN CENTER
1701 PARADE STREET	ERIE	PA	16503	NONE	PUBLIC CHARI	GENERAL SUPPORT	$2,142
UNITED WAY OF ERIE COUNTY
420 WEST 6TH ST	ERIE	PA	16507	NONE	PUBLIC CHARI	GENERAL SUPPORT	$10,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$810,442	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$524,169	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	1	ExclusionCd
Exclusion	$251,547	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$775,716	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$775,716	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
ACCOUNTING FEE	$3,700	$3,700
LEGAL FEE	$2,219

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
CHEVRONTEXACO CORP	2011-06	PURCHASE	2023-12	$468,960	$329,563	$139,397
BP PLC	2010-08	PURCHASE	2023-12	$447,037	$498,411	-$51,374
ORGANON CO	2015-10	PURCHASE	2023-12	$24,253	$33,344	-$9,091
VERIZON COMMUNICATIONS	2009-10	PURCHASE	2023-12	$663,156	$508,882	$154,274
WOLFSPEED INC	2009-09	PURCHASE	2023-12	$263,040	$244,699	$18,341

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
2000 SH TAPESTRY INC	$42,800	$73,620
25000 SH ALTRIA GROUP INC	$492,742	$1,008,500
8200 SH PEPSICO	$498,674	$1,392,688
13000 SH BP PLC
8300 SH CHEVRON CORP NEW	$373,483	$745,800
15891 SH AMGEN INC	$139,046	$4,576,926
10000 SH EDWARDS LIFESCIENCES	$258,319	$4,575,000
20800 SH MERCK AND CO	$675,098	$2,267,616
2080 SH ORGANON
12000 SH TEREX CORP NEW	$63,300	$689,520
3800 SH MICROSOFT CORP	$248,814	$1,428,952
2000 SH WOLFSPEED INC
2000 SH FREEPORT MCMORAN	$67,112	$85,140
5500 SH STEEL DYNAMICS INC	$80,619	$649,550
18000 SH VERIZON COMMUNICATIONS

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc
EXPENSES
BANK FEES

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt
MANAGEMENT FEES	$70,839
TRUSTEE FEES	$1,150
FOREIGN CONVERSION FEE	$260

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL TAX	CategoryTxt
Amt	$6,594	Amt

JOHN M AND GERTRUDE E PETERSEN FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (5 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Comments