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PETERSON FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
PETERSON FAMILY FOUNDATION (EIN 91-1746622)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-11
IRS object ID
201221329349102062
Schema version
2011v1.2
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)
Timestamp2012-05-11T19:40:41-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1VIERCK & RAKOSKI CPAS PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1606 SE 117TH AVENUE SUITE 100AddressLine1
CityVANCOUVERCity
StateWAState
ZIP Code98683ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN911746622EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE PETERSON FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlPETENameControl
Phone3608161840Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12401 NW WALDEN DRIVEAddressLine1
CityCAMASCity
StateWAState
ZIP Code98607ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameKENNETH D PETERSON JRName
TitleFOUNDATION MANAGERTitle
Phone3608161840Phone
Date Signed2012-05-11DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameJOSEPH G RAKOSKIName
Phone3603563805Phone
Date Prepared2012-05-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Exempt PFXExemptPF
FMV Assets EOY41898FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Total Revenue And Expenses0TotalRevenueAndExpenses
Total Net Investment Income0TotalNetInvestmentIncome
Accounting Fees Rev And Expnss1633AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm200AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps1433AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss135TaxesRevAndExpnss
Other Expenses Rev And Expnss19OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps19OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1787TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm200TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps1452TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss156795ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps156795ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss158582TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm200TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps158247TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-158582ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY200477CashBOY
Cash EOY41898CashEOY
Cash EOYFMV41898CashEOYFMV
Savings And Temp Cash Invst BOY3SavingsAndTempCashInvstBOY
Total Assets BOY200480TotalAssetsBOY
Total Assets EOY41898TotalAssetsEOY
Total Assets EOYFMV41898TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY200480RetainedEarningsBOY
Retained Earnings EOY41898RetainedEarningsEOY
Total Net Assets BOY200480TotalNetAssetsBOY
Total Net Assets EOY41898TotalNetAssetsEOY
Total Liabilities Net Assets BOY200480TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY41898TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY200480TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-158582ExcessOfRevenueOverExpenses
Subtotal41898Subtotal
Total Net Assets Fund Balances EOY41898TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1146189QualifyingDistributionsYear1
Noncharitable Assets Year1269968NoncharitableAssetsYear1
Distribution Ratio Year10.541505DistributionRatioYear1
Qualifying Distributions Year2146005QualifyingDistributionsYear2
Noncharitable Assets Year2149937NoncharitableAssetsYear2
Distribution Ratio Year20.973776DistributionRatioYear2
Qualifying Distributions Year3154085QualifyingDistributionsYear3
Noncharitable Assets Year3310942NoncharitableAssetsYear3
Distribution Ratio Year30.495543DistributionRatioYear3
Qualifying Distributions Year4306010QualifyingDistributionsYear4
Noncharitable Assets Year497591NoncharitableAssetsYear4
Distribution Ratio Year43.135638DistributionRatioYear4
Qualifying Distributions Year5300QualifyingDistributionsYear5
Noncharitable Assets Year539537NoncharitableAssetsYear5
Distribution Ratio Year50.007588DistributionRatioYear5
Total Distribution Ratio5.154050TotalDistributionRatio
Average Distribution Ratio1.030810AverageDistributionRatio
Net Noncharitable Assets147080NetNoncharitableAssets
Adjusted Noncharitable Assets151612AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One151612AdjNonchrtblAssetsAndOnePct
Qualifying Distributions158247QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax
Est Tax Payments And Overpayment121EstTaxPaymentsAndOverpayment
Total Credits And Payments121TotalCreditsAndPayments
Overpayment121Overpayment
Amount Credited To Next Year121AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithWAStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameKENNETH D PETERSON JRBooksInCareOfPersonName
Books In Care Of Phone Number3608161840BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line12401 NW WALDEN DRIVEAddressLine1
CityCAMASCity
StateWAState
ZIP Code98607ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
KENNETH D PETERSON JR
2401 NW WALDEN DRIVECAMASWA98607PRESIDENT1.00000
CLAUDIA J PETERSON
2401 NW WALDEN DRIVECAMASWA98607SEC/TREAS1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances149320AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets149320TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets149320AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2240CashDeemedCharitable
Net Noncharitable Assets147080NetNoncharitableAssets
Minimum Investment Return7354MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return7354MinimumInvestmentReturn
Distributable Amount Before Adj7354DistributableAmountBeforeAdj
Distributable Amount Before Ded7354DistributableAmountBeforeDed
Distributable Amount As Adjusted7354DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions158247ExpensesAndContributions
Qualifying Distributions158247QualifyingDistributions
Adj Qualifying Distributions158247AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted7354DistributableAmountAsAdjusted
Excess Distri Carryover Year4301846ExcessDistriCarryoverYear4
Excess Distri Carryover Year3140057ExcessDistriCarryoverYear3
Excess Distri Carryover Year2142212ExcessDistriCarryoverYear2
Excess Distri Carryover Year1133789ExcessDistriCarryoverYear1
Total Excess Distri Carryover717904TotalExcessDistriCarryover
Qualifying Distributions158247QualifyingDistributions
Applied To Current Year7354AppliedToCurrentYear
Remaining Distri From Corpus150893RemainingDistriFromCorpus
Total Corpus868797TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year868797ExcessDistriCyovToNextYear
Excess From Year4301846ExcessFromYear4
Excess From Year3140057ExcessFromYear3
Excess From Year2142212ExcessFromYear2
Excess From Year1133789ExcessFromYear1
Excess From Current Year150893ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerKENNETH PETERSONContributingManager
Contributing ManagerCLAUDIA PETERSONContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (34 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ACHON UGANDA CHILDREN'S FUND
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
ADVENTIST FORUMS
ON FILEON FILEWA98607EXEMPTGENERAL FUND$2,500
ADVENTIST TODAY
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
AMERICANS FOR PROSPERITY
ON FILEON FILEWA98607EXEMPTGENERAL FUND$2,500
CASCADE POLICY INSTITUTE
ON FILEON FILEWA98607EXEMPTGENERAL FUND$5,000
CATO INSTITUTE
ON FILEON FILEWA98607EXEMPTGENERAL FUND$5,000
CENTRAL CATHOLIC HS
ON FILEON FILEWA98607EXEMPTGENERAL FUND$25
CLARK COUNTY FOOD BANK
ON FILEON FILEWA98607EXEMPTGENERAL FUND$500
DISCOVERY INSTITUTE
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,670
DOWNTOWN EMERGENCY SRVCS
ON FILEON FILEWA98607EXEMPTGENERAL FUND$2,000
EPIKOS CHURCH
ON FILEON FILEWA98607EXEMPTGENERAL FUND$30,000
FREEDOM FOUNDATION
ON FILEON FILEWA98607EXEMPTGENERAL FUND$50,000
FREEDOM WORKS
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
FT VANCOUVER NAT'L TRUST
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
INDEPENDENCE INSTITUTE
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
MISSION AT NATUVU CREEK
ON FILEON FILEWA98607EXEMPTGENERAL FUND$500
MISSION CATALYST NETWORK
ON FILEON FILEWA98607EXEMPTGENERAL FUND$20,000
NAMI
ON FILEON FILEWA98607EXEMPTGENERAL FUND$100
NOEO QUEST
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
ONLY GOD INTERNATIONAL
ON FILEON FILEWA98607EXEMPTGENERAL FUND$750
PAA COMMITTEE OF 100
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,050
PAASS
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
PAA COMMUNITY SERVICE
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
PACIFIC LEGAL FDN
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
PORTLAND CITY CENTER SANCTUARY
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
PROJECT PATCH
ON FILEON FILEWA98607EXEMPTGENERAL FUND$3,000
REASON FOUNDATION
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
ROCKWOOD SDA CHURCH
ON FILEON FILEWA98607EXEMPTGENERAL FUND$500
SAN FRANCISCO FILM SOCIETY
ON FILEON FILEWA98607EXEMPTGENERAL FUND$500
SHARED HOPE INT'L
ON FILEON FILEWA98607EXEMPTGENERAL FUND$1,000
TECHNOLOGY SERVICE CORP
ON FILEON FILEWA98607EXEMPTGENERAL FUND$100
UNION GOSPEL MISSION
ON FILEON FILEWA98607EXEMPTGENERAL FUND$200
WALLA WALLA UNIVERSITY
ON FILEON FILEWA98607EXEMPTGENERAL FUND$10,000
WA POLICY CENTER
ON FILEON FILEWA98607EXEMPTGENERAL FUND$8,900
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year156795TotGrantOrContriPaidDuringYear

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOtrueTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc

Transfer Schedule TransferSchedule

FieldValueIRS element (for citing)
Line Number1a(1)LineNumber
Amount Involved2500AmountInvolved

Name Of Noncharitable EO NameOfNoncharitableEO

FieldValueIRS element (for citing)
Business Name Line1AMERCNS FOR PROSPERITYBusinessNameLine1
FieldValueIRS element (for citing)
Description Of Transfers EtcPOLITICAL ADVOCACYDescriptionOfTransfersEtc
FieldValueIRS element (for citing)
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategory
Amount$1,633Amount
Net Investment Income200NetInvestmentIncome
Disbursements Charitable Prps1433DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (2 entries)

KENNETH D PETERSON JR
CLAUDIA J PETERSON

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of Stock6000 SHS GREENBRIERNameOfStock

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
EXPENSES
BANK FEES1919

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmount
FEDERAL EXCISE ESTIMATED TAX PMT$100
STATE FEES$35

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