Petters Family Foundation

EIN 452323642

Newport News, VA 23606 |(757) 624-3175

Total Given 2016–2023
$12.9M
103 grants · $1.6M avg/year
based on 8 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$50K
typical mid grants · $8K–$110K
grant size
76%
deep partner · 25/33 multi-year
repeat
$63.5M
Assets (2023)
33
Distinct Recipients

Focus Areas

Education Youth Development Religion

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (757) 624-3175

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $742K $31.4M $3.2M 11
2017 $732K $49.8M $12.1M 8
2018 $1.4M $44.9M $5.7M 14
2019 N/A $57.7M $4.3M N/A
2020 $3.1M $47.3M $3.8M 18
2021 $2.0M $52.3M $1.5M 13
2022 $2.3M $57.8M $4.8M 17
2023 $2.6M $63.5M $5.2M 22

Grant Size Distribution

Based on 103 grants on record

Minimum
$300
25th Pctl
$8K
Median
$50K
Average
$125K
75th Pctl
$110K
Maximum
$1.0M

Geographic Distribution

Officers & Directors

Grants Awarded (103 total)

Purpose
College of William & Mary Foundation Williamsburg, VA $1,025,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT 2023
College of William & Mary Foundation Williamsburg, VA $1,000,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT 2020
United Way of the Virginia Peninsula Newport News, VA $1,000,000 GENERAL SUPPORT 2020
College of William & Mary Foundation Williamsburg, VA $1,000,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT 2021
College of William & Mary Foundation Williamsburg, VA $1,000,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM AND GENERAL SUPPORT 2022
Us Naval Academy Foundation Annapolis, MD $400,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2022
College of William & Mary Foundation Williamsburg, VA $400,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM 2018
Virginia Living Museum Newport News, VA $250,000 GENERAL SUPPORT 2023
College of William & Mary Foundation Williamsburg, VA $250,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM 2016
College of William & Mary Foundation Williamsburg, VA $250,000 SPONSORSHIP OF CAMP LAUNCH PROGRAM 2017
Virginia Foundation for Community College Education Richmond, VA $250,000 GENERAL SUPPORT 2022
Peake Childhood Center Hampton, VA $235,000 GENERAL SUPPORT FOR LOW INCOME EARLY CHILDHOOD EDUCATION 2023
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2020
Virginia Foundation for Community College Education Richmond, VA $200,000 GENERAL SUPPORT 2020
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2021
Virginia Foundation for Community College Education Richmond, VA $200,000 GENERAL SUPPORT 2021
An Achievable Dream Newport News, VA $200,000 GENERAL FUND SUPPORT 2023
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2023
Virginia Foundation for Community College Education Richmond, VA $200,000 GENERAL SUPPORT 2023
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2016
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2017
An Achievable Dream Newport News, VA $200,000 GENERAL FUND SUPPORT 2022
Us Naval Academy Foundation Annapolis, MD $200,000 SUPPORT OF NAVAL ACADEMY ANNUAL FUND, STEM AND MINORITY OUTREACH FOR ADMISSIONS. 2018
Virginia Foundation for Community College Education Richmond, VA $200,000 VFCCE UNRESTRICTED ENDOWED FUND AND VFCCE UNRESTRICTED FUND 2018
Bearings Bike Shop Atlanta, GA $130,000 PROGRAM SUPPORT 2018