OVERVIEW: The Patricia Price Peterson Foundation funds youth development and education programs in marginalized communities located in Central America and Panama.
IP TAKE: Although Peterson does not accept unsolicited LOIs, this small funder is relatively approachable, and encourages grantseekers to introduce themselves via email. Grantseekers should note that the foundation tends to support the same organizations each year, so they should definitively highlight how their work aligns with Peterson’s mission.
PROFILE: Established in the mid-1960s, the Patricia Price Peterson Foundation is a small family outfit located in Miami, Florida. Peterson seeks to solve entrenched global development challenges in marginalized and vulnerable communities in Central America and Panama. Its grantmaking focuses prioritize increased access to quality education and positive youth development.
Children and young people are generally the main beneficiary populations of Peterson grantees, and the foundation heavily emphasizes education through grants and scholarships. Peterson also awards grants to groups working with disabled and abandoned children, and makes a few annual awards to teacher development programs. On a smaller scale, the foundation funds local libraries in its geographic areas of focus.
Although the foundation awards a few grants of $100,000 to $200,000, the majority range between $10,000 to $40,000. The Patricia Price Peterson Foundation does not maintain a web presence or a formally paid staff. As a result, it keeps a low public profile. The foundation’s recent tax filings indicate that it does not accept unsolicited requests for funding or grant applications, choosing instead to seek out potential grantees on its own. However, Peterson does encourage grantseekers to introduce themselves and submit a brief proposal via email. There are no deadlines for submissions and the board meets around the middle of the year to make grant decisions.
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The Patricia Price Peterson Foundation
c/0 Aureos #SJO 1060 PO Box 25331
Miami, Florida 33102