PETERSON FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PETERSON FAMILY FOUNDATION (EIN 91-1746622)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-06-17
IRS object ID
202121689349101017
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-06-17T18:36:01-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN912016086PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VIERCK & RAKOSKI CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1606 SE 117TH AVENUE SUITE 100AddressLine1Txt
CityVANCOUVERCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98683ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN911746622EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PETERSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPETEBusinessNameControlTxt
Phone3608161840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12401 NW WALDEN DRIVEAddressLine1Txt
CityCAMASCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98607ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENNETH D PETERSON JRPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3608821052PhoneNum
Signature2021-06-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKENNETH DPersonFirstNm
Person LastPETERSONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH G RAKOSKIPreparerPersonNm
PTINP00168178PTIN
Phone3603563805PhoneNum
Preparation2021-06-17PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$134,159FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$300,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$300,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,302AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,302AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$35TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$35TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,337TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,337TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$174,200ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$174,200ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$175,537TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$175,537TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$124,463ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$9,696CashBOYAmt
Cash EOY$134,159CashEOYAmt
Cash EOYFMV$134,159CashEOYFMVAmt
Total Assets BOY$9,696TotalAssetsBOYAmt
Total Assets EOY$134,159TotalAssetsEOYAmt
Total Assets EOYFMV$134,159TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$9,696RetainedEarningBOYAmt
Retained Earning EOY$134,159RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$9,696TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$134,159TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$9,696TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$134,159TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$9,696TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$124,463ExcessRevenueOverExpensesAmt
Subtotal$134,159SubtotalAmt
Tot Net Ast Or Fund Balances EOY$134,159TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateWAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCLAUDIA J PETERSONIndividualWithBooksNm
Phone3608161840PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12401 NW WALDEN DRIVEAddressLine1Txt
CityCAMASCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98607ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KENNETH D PETERSON JR
2401 NW WALDEN DRIVECAMASWA98607PRESIDENT1.00$0$0$0
CLAUDIA J PETERSON
2401 NW WALDEN DRIVECAMASWA98607SEC/TREAS1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$160,849AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$160,849TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$160,849AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,413CashDeemedCharitableAmt
Net Vl Noncharitable Assets$158,436NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,922MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,922MinimumInvestmentReturnAmt
Distributable Before Adj$7,922DistributableBeforeAdjAmt
Distributable Before Ded$7,922DistributableBeforeDedAmt
Distributable As Adjusted$7,922DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$175,537ExpensesAndContributionsAmt
Qualifying Distributions$175,537QualifyingDistributionsAmt
Adjusted Qualifying Distri$175,537AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,922DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$5,107ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$434,048ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$378,811ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$235,936ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,053,902TotalExcessDistributionCyovAmt
Qualifying Distributions$175,537QualifyingDistributionsAmt
Applied To Current Year$7,922AppliedToCurrentYearAmt
Remaining Distri From Corpus$167,615RemainingDistriFromCorpusAmt
Total Corpus$1,221,517TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,221,517ExcessDistriCyovToNextYrAmt
Excess From Year4$5,107ExcessFromYear4Amt
Excess From Year3$434,048ExcessFromYear3Amt
Excess From Year2$378,811ExcessFromYear2Amt
Excess From Year1$235,936ExcessFromYear1Amt
Excess From Current Year$167,615ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKENNETH PETERSONContributingManagerNm
Contributing ManagerCLAUDIA PETERSONContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
ACHON UGANDA CHILDREN'S FUND
PO BOX 91639PORTLANDOR97219ON FILEEXEMPTGENERAL FUND$1,000
ADVENTIST FORUM
PO BOX 619047ROSEVILLECA95661ON FILEEXEMPTGENERAL FUND$5,000
ADVENTIST TODAY
PO BOX 683MILTON FREEWATEROR97862ON FILEEXEMPTGENERAL FUND$1,000
CASCADE POLICY INSTITUTE
4850 SW SCHOLLS FERRY RDPORTLANDOR97225ON FILEEXEMPTGENERAL FUND$1,000
CATO INSTITUTE
1000 MASSACHUSETTS AVE NWWASHINGTONDC20001ON FILEEXEMPTGENERAL FUND$1,000
CHILDREN'S YOUTH THEATRE
1545 PIONEER WAYEL CAJONCA92020ONFILEEXEMPTGENERAL FUND$2,000
CITY SANCTUARY
0435 SW IOWAPORTLANDOR97239ON FILEEXEMPTGENERAL FUND$10,000
CLARK COUNTY FOOD BANK
6502 NE 47TH AVEVANCOUVERWA98661ON FILEEXEMPTGENERAL FUND$1,000
CENTER FOR ACTION AND CONTEMPLATION
1705 FIVE POINTS RD SWALBUQUERQUENM87105ONFILEEXEMPTGENERAL FUND$1,000
COMMUNITY FUND FOR SW WASHINGTON
610 ESTHER STREET SUITE 2VANCOUVERWA98660ONFILEEXEMPTGENERAL FUND$1,200
DISCOVERY INSTITUTE
208 COLUMBIA STREETSEATTLEWA98104ON FILEEXEMPTGENERAL FUND$1,000
FREE THE PEOPLE
611 PENNSYLVANIA AVE SEWASHINGTONDC20003ON FILEEXEMPTGENERAL FUND$10,000
FREEDOM FOUNDATION
PO BOX 552OLYMPIAWA98507ON FILEEXEMPTGENERAL FUND$100,000
INDEPENDENT INSTITUTE
100 SWAN WAYOAKLANDCA94621ON FILEEXEMPTGENERAL FUND$1,000
INTERNATIONAL CHILDREN'S CARE
PO BOX 820610VANCOUVERWA98682ON FILEEXEMPTGENERAL FUND$1,000
OURGANDA
PO BOX 873520VANCOUVERWA98687ON FILEEXEMPTGENERAL FUND$15,000
PACIFIC LEGAL FOUNDATION
930 G STREETSACRAMENTOCA95814ON FILEEXEMPTGENERAL FUND$1,000
PREEMPTIVE LOVE
PO BOX 207647DALLASTX75320ONFILEEXEMPTGENERAL FUND$1,000
PROJECT HOPE UGANDA
3615 TAHOMA STCOLUMBIA CITYOR97018ON FILEEXEMPTGENERAL FUND$1,000
REAL RESTORATION
5919 HWY 291 SUITE 1 400NINE MILE FALLSWA99026ONFILEEXEMPTGENERAL FUND$1,000
REASON FOUNDATION
5737 MESMER AVELOS ANGELESCA90230ON FILEEXEMPTGENERAL FUND$1,000
REKNEW
PO BOX 40541ST PAULMN55104ONFILEEXEMPTGENERAL FUND$500
SELF ENHANCEMENT INC
3920 NORTH KERBY AVENUEPORTLANDOR97227ONFILEEXEMPTGENERAL FUND$1,000
UNION GOSPEL MISSION
3 NW THIRD AVEPORTLANDOR97209ON FILEEXEMPTGENERAL FUND$500
VAN CITY CHURCH
1812 MAIN STVANCOUVERWA98660ON FILEEXEMPTGENERAL FUND$8,000
WASHINGTON POLICY CENTER
PO BOX 3643SEATTLEWA98124ON FILEEXEMPTGENERAL FUND$5,000
YOUNG AMERICANS FOR LIBERTY
500 N CAPITAL OF TEXAS HWAUSTINTX78746ON FILEEXEMPTGENERAL FUND$2,000BLDG 5
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$174,200TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
KENNETH D PETERSON JR
12401 NW WALDEN DRIVECAMASWA98607$150,000Yes (X)
CLAUDIA J PETERSON
22401 NW WALDEN DRIVECAMASWA98607$150,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,302Amt
Disbursements Charitable Prps$1,302DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE FEESCategoryTxt
Amt$35Amt
Disbursements Charitable Prps$35DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.