EIN 26-0316905

Peter G Peterson Foundation (PGPF)

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2008
Most recent tax filings
2022-03-01
NTEE code, primary
Description
To increase public awareness of the nature and urgency of the key fiscal challenges threatening America's future and to accelerate action on them.
Total revenues
$50,280,779
2022
Total expenses
$45,255,827
2022
Total assets
$1,055,700,983
2022
Num. employees
n/a

Program areas at PGPF

Foundation activities - see statement 19 for overview grants and grant-makingthe Foundation provides grants to fund a variety of projectsand organizations that advance its mission. Granteesinclude research organizations, foundations, universities,associations, and other not-for-profit entities that engagein activities outlined under grant agreements with thefoundation. These grants support a range of education,engagement, and research projects and initiatives related tothe nation's long-term fiscal and economic challenges, aswell as the key drivers of debt. A complete listing of ourpaid grants in fiscal year 2022 can be found in part xiv.
Education, awareness, and engagementthe Foundation's education, awareness, and engagementinitiatives seek to improve americans' understanding of andparticipation in supporting fiscal sustainability andeconomic resiliency for the next generation. The foundationproduces information on fiscal and economic policy topicsfor the general public; connects a range of audiences withnon-partisan resources and information; and issues policyresearch briefs and statements around key fiscal milestones.the Foundation enables broad discourse regarding fiscal andeconomic issues through its websites and social media. Inaddition, the Foundation holds regular convenings, bringingtogether policy leaders, experts, and elected officials fromacross the political and ideological spectrum to discussfiscal and economic issues.
Policy research and analysisthe Foundation produces non-partisan research, analyses, andother data-driven information to help make complex fiscaland economic issues more understandable and meaningful tothe public and policymakers. The Foundation's research andanalyses are incorporated into its education, awareness, andengagement activities, and reflected in public statements,articles and presentations. This material is made accessibleon the Foundation's website and includes: analyses of budgetand economic issues; a library of charts and graphs, primersand policy research briefs that explain the budget andbudget process; and the relationship between the budget, theeconomy, and demographic trends.
Interest income from civica rx - program related investment is used to provide high-needs populations with timely access to essential generic drugs at affordable prices.

Grants made by PGPF

GranteeGrant descriptionAmount
Civica FoundationTo Support A New Initiative To Make Insulin Available and Affordable To All Patients, Including High-Needs Populations.$5,000,000
New York City Partnership FoundationTo Support the Economic Recovery of New York City and Small Businesses Affected By the Covid-19 Pandemic.$3,903,000
Net ImpactTo Support the Execution of Up To Us, A Nationwide Nonpartisan Initiative Empowering College Students To Educate and Engage Their Peers on America's Fiscal Challenges and the Impact on Their Future.$2,861,500
...and 74 more grants made totalling $26,782,766

Personnel at PGPF

NameTitleCompensation
Suk Yun WonChief Operating Officer$394,875
Loretta UcelliExecutive Vice President , Strategy and Communications$397,667
Myra SungVice President , Programs$210,000
Jeffrey HollandVice President , Research$277,638
Jay WantExecutive Director - PCH$443,250
...and 10 more key personnel

Financials for PGPF

RevenuesFYE 03/2022
Total grants, contributions, etc.$50,000,000
Investment income and dividends$62,344
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$218,435
Total revenues$50,280,779

Form 990s for PGPF

Fiscal year endingDate received by IRSFormPDF link
2022-032023-02-14990PFView PDF
2021-032022-02-11990PFView PDF
2020-032021-05-05990PFView PDF
2019-032020-07-10990PRView PDF
2018-032019-03-26990PFView PDF
...and 8 more Form 990s
Data update history
June 25, 2023
Updated personnel
Identified 1 new personnel
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 17, 2023
Updated personnel
Identified 10 new personnel
June 13, 2023
Used new vendors
Identified 2 new vendors, including , and
May 14, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Political advocacyProvides grantsPartially liquidatedTax deductible donations
General information
Address
888-c Eighth Ave Box 144
New York, NY 10019
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
pgpf.org 
Phone
(212) 542-9200
Facebook page
pgpfoundation 
Twitter profile
@pgpfoundation 
IRS details
EIN
26-0316905
Fiscal year end
March
Taxreturn type
Form 990-PF
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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