Michael L Peterson Foundation
Invitation OnlyCedar Falls, Iowa · EIN 88-2856860 · Private foundation
Grants paid (2025)$851K
Organizations funded3
Typical grant$50,000
Total assets$3.8M
Half of its grants to organizations were between $1,000 and $800,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
Where it gives
0% of grants went outside Iowa.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| We Will Collective | Des Moines, IA | Support of a local charity that supports the local community | $800,000 |
| Clear Lake Development Foundation | Clear Lake, IA | Support of a local charity that supports the local community | $50,000 |
| No Foot Too Small | Coralville, IA | Support of a local charity that supports the local community | $1,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $851,000 | 3 |
| 2024 | $326,000 | 4 |
| 2023 | $150,000 | 1 |
| 2022 | $0 | 0 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 7, 2026 - IRS e-file batch, object ID 202641279349101434
- IRS Tax Exempt Organization Search for EIN 88-2856860
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.