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Nonprofiteer
← PETERSON FAMILY FOUNDATION II INC

Form 990 for tax year 2025

Filed by PETERSON FAMILY FOUNDATION II INC.

Totals

Total revenue
$5,164,244
Total expenses
$5,190,489
Contributions and grants received
$5,163,334
Grants paid
$5,188,334
Program service revenue
$0
Investment income
$910
Other revenue
$0
Total assets, end of year
$16,482
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$16,482
Program services expenses (Part IX)
$5,188,334
Management and general expenses
$2,155
Fundraising expenses
$0
Program service expenses (Part III)
$5,188,334

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,163,334

  • 3 · Investment income

    total $910 · excluded $910

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,188,334 · program services $5,188,334

  • 11c · Fees: accounting

    total $2,120 · management and general $2,120

  • 13 · Office expenses

    total $35 · management and general $35

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,727 · end of year $3,437

  • 2 · Savings and temporary cash investments

    end of year $13,045

  • 27 · Net assets without donor restrictions

    beginning of year $42,727 · end of year $16,482

Mission and programs · 2025

Mission

THE FOUNDATION OPERATES FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS.

  • THE FOUNDATION OPERATED FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS BY MAKING GRANTS TO SUCH ORGANIZATIONS AND OTHERS.

    Expenses $5,188,334 · Grants $5,188,334

As filed on the 2025 return.

Listed in Part VII

  • Lauren E Peterson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • Jon M Peterson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • William E Peterson

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1

  • David H Wills

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1

  • Tanja Castro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related

  • David Johnson

    DIRECTOR (PART YEAR)

    Total calculated
    $433,140
    From this org
    $0
    From related orgs
    $379,462
    Other
    $53,678
    Hours/week
    0.1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $309,462 related
    Bonus
    $0 + $70,000 related
    Other
    $0
    Deferred
    $0 + $13,180 related
    Nontaxable benefits
    $0 + $40,498 related
    Filer's total
    $0 + $433,140 related

  • Karen Jonas

    DIRECTOR (PART YEAR)

    Total calculated
    $235,382
    From this org
    $0
    From related orgs
    $211,419
    Other
    $23,963
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $201,679 related
    Bonus
    $0 + $9,740 related
    Other
    $0
    Deferred
    $0 + $9,566 related
    Nontaxable benefits
    $0 + $14,397 related
    Filer's total
    $0 + $235,382 related

  • Jennifer L Owens

    DIRECTOR

    Total calculated
    $297,067
    From this org
    $0
    From related orgs
    $273,018
    Other
    $24,049
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $273,018 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,787 related
    Nontaxable benefits
    $0 + $14,262 related
    Filer's total
    $0 + $297,067 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
1 September 2026
IRS schema version
2025v4.2
Source object
202632469349300908

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