Petters Family Foundation
Invitation OnlyNewport News, Virginia · EIN 45-2323642 · Private foundation
Grants paid (2025)$3.2M
Organizations funded29
Typical grant$15,000
Total assets$71.8M
Half of its grants to organizations were between $5,000 and $200,000.
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.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
17% of grants went outside Virginia.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| William & Mary Foundation | Williamsburg, VA | Sponsorship of camp launch program and general support | $1,000,000 |
| Soundscapes | Newport News, VA | General support | $366,990 |
| US Naval Academy Foundation | Annapolis, MD | Support of naval academy annual fund, STEM and minority outreach for admissions. | $250,000 |
| Virginia Living Museum | Newport News, VA | General support | $250,000 |
| Son of a Saint | New Orleans, LA | Improving the lives of fatherless boys in new orlelans | $210,000 |
| An Achievable Dream | Newport News, VA | General fund support | $205,000 |
| Peake Childhood Center | Hampton, VA | General support for low income early childhood education | $202,500 |
| Virginia Foundation for Community College Education | North Chesterfield, VA | General support | $200,000 |
| Bearings Bike Shop | Atlanta, GA | Capital and operational support | $150,000 |
| Jesuit High School | Tampa, FL | General support | $100,000 |
| Mariner's Museum and Park | Newport News, VA | General support | $100,000 |
| Whro | Norfolk, VA | General support of public broadcasting | $75,000 |
| Firstspark | Newport News, VA | Education | $20,000 |
| United Way of the Virginia Peninsula | Newport News, VA | General support | $20,000 |
| Love Your Neighbor Nola | New Orleans, LA | General fund support | $15,000 |
| Degood Foundation | Newport News, VA | General support | $10,000 |
| Riverside Foundation | Newport News, VA | General support | $10,000 |
| Thrive Peninsula | Newport News, VA | General support | $10,000 |
| Virginia Center for Inclusive Communities | Richmond, VA | General support | $10,000 |
| Boys & Girls Clubs of the Virginia Peninsula | Newport News, VA | General support | $5,000 |
| Cnu Education Foundation | Newport News, VA | General fund support | $5,000 |
| Hampton Education Foundation | Hampton, VA | General support | $5,000 |
| Peninsula Pastoral Counseling Center | Newport News, VA | General support | $5,000 |
| William & Mary Business School Foundation | Williamsburg, VA | General fund support | $5,000 |
| YMCA of the Virginia Peninsulas | Newport News, VA | General support | $5,000 |
| Bayport Foundation | Newport News, VA | General fund support | $2,500 |
| Edmarc Inc | Portsmouth, VA | General support | $2,500 |
| Hilton Presbyterian Church Preschool | Newport News, VA | Hilton presbyterian preschool ministry | $2,500 |
| Holy Trinity Lutheran Church | Newport News, VA | General fund support | $2,500 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $3,244,490 | 29 |
| 2024 | $2,737,923 | 29 |
| 2023 | $2,642,565 | 22 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 26, 2026 - IRS e-file batch, object ID 202641469349100019
- IRS Tax Exempt Organization Search for EIN 45-2323642
- Profile updated Nov 5, 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.