Nonprofit · EIN 81-0903583
TERRY AND HOLLYE PETERSON FOUNDATION
Tax-exempt · OMAHA, NE 68137
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $122,151 | $10,448 | $111,703 | $611,337 | $0 | $611,337 |
| December 31, 2024 | 990-PF | $13,375 | $2,563 | $10,812 | $499,634 | $0 | $499,634 |
| December 31, 2023 | 990-PF | $6,934 | $17,575 | -$10,641 | $488,822 | $0 | $488,822 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $100,000
- Interest
- $22,151
Expenses
- Grants and similar amounts paid
- $9,250
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $10,040
- Excise tax on investment income
- $305
Balance sheet and other
- Total assets, start of year
- $499,634
- Total assets, end of year
- $611,337
- Total liabilities, end of year
- $0
- Net assets, end of year
- $611,337
- Fair market value of assets
- $611,337
- Qualifying distributions
- $10,040
- Net investment income
- $22,151
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERENCE R PETERSON 12930 I STREET, OMAHA, NE 68137 | PRESIDENT/TREASURER | 1 | $0 |
| HOLLYE J HEMPEL 12930 I STREET, OMAHA, NE 68137 | SECRETARY | 1 | $0 |
| FAWN R BOTTOLFSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| JEFFERY J PETERSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| ERIC D RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| IAN B RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERENCE R PETERSON 12930 I STREET, OMAHA, NE 68137 | PRESIDENT/TREASURER | 1 | $0 |
| HOLLYE J HEMPEL 12930 I STREET, OMAHA, NE 68137 | SECRETARY | 1 | $0 |
| FAWN R BOTTOLFSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| JEFFERY J PETERSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| ERIC D RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| IAN B RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERENCE R PETERSON 12930 I STREET, OMAHA, NE 68137 | PRESIDENT/TREASURER | 1 | $0 |
| HOLLYE J HEMPEL 12930 I STREET, OMAHA, NE 68137 | SECRETARY | 1 | $0 |
| FAWN R BOTTOLFSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| JEFFERY J PETERSON 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| ERIC D RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
| IAN B RAUCH 12930 I STREET, OMAHA, NE 68137 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 12930 I ST, OMAHA, NE 68137-1268
- In care of
- % TERRANCE R PETERSON
- Signed the 990-PF
- TERENCE R PETERSON, PRESIDENT
- Phone
- (402) 505-9302
- Return prepared by
- EIDE BAILLY LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-0903583
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $611,337
- Income (IRS master file)
- $122,151
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $122,151 | $10,448 | $611,337 | IRS |
| 990-PF | December 2024 | $13,375 | $2,563 | $499,634 | IRS |
| 990-PF | December 2023 | $6,934 | $17,575 | $488,822 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0903583).
Questions about TERRY AND HOLLYE PETERSON FOUNDATION
- What is the EIN of TERRY AND HOLLYE PETERSON FOUNDATION?
- The employer identification number (EIN) of TERRY AND HOLLYE PETERSON FOUNDATION is 81-0903583.
- Is TERRY AND HOLLYE PETERSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to TERRY AND HOLLYE PETERSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TERRY AND HOLLYE PETERSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TERRY AND HOLLYE PETERSON FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TERRY AND HOLLYE PETERSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of TERRY AND HOLLYE PETERSON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does TERRY AND HOLLYE PETERSON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $122,151, expenses of $10,448 and total assets of $611,337 at year end.
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