The Nevada State Capitol

Form 990-PFTax year 2025EIN 36-4518327

Marybeth M Lamb Foundation Inc

A private foundation in Reno, NV. Its return for tax year 2025 lists 8 grants and $70,000 paid in grants.

Tax year 2025 (period ending May 31, 2026), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Steven Petersen President
6490 S McCarran Blvd Bldg C-20
Reno, NV 89509
(775) 322-0673
Form and materials
Applications should contain a narrative of the project or program, a copy of the determination letter issued by the internal revenue service granting exempt status under irc code section 501(c)(3), the most recent form 990, and a copy of the most recent financial statement (audited is preferred but not required). All should be attached to the application for grant.
Deadlines
Applications for grants are accepted throughout the year.
Restrictions
Unless initiated by the officers, nevada is the only geographic area served.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $70,000

    Grants listed
    8
    Assets, end of year
    $896,061
  • Tax year 2024

    $65,000

    Grants listed
    8
    Assets, end of year
    $949,861
  • Tax year 2023

    $75,000

    Grants listed
    9
    Assets, end of year
    $1,020,138
  • Tax year 2022

    $92,500

    Grants listed
    9
    Assets, end of year
    $1,087,604
  • Tax year 2021

    $85,000

    Grants listed
    8
    Assets, end of year
    $1,230,762
  • Tax year 2020

    $79,500

    Grants listed
    7
    Assets, end of year
    $1,264,347

Grants paid in 2025

8 grants, largest first

As listed on the return.

  1. Big Brothers Big SistersReno, NV

    General support

    $10,000
  2. Boys & Girls Club Mason ValleyYerington, NV

    General support

    $10,000
  3. Boys & Girls Club Truckee MeadowsReno, NV

    General support

    $10,000
  4. Moms on the RunReno, NV

    General support

    $10,000
  5. The First Tee Northern NevadaReno, NV

    General support

    $10,000
  6. Care Chest of NevadaReno, NV

    General support

    $7,500
  7. Jimmy Olivias Athletic FoundationReno, NV

    General support

    $7,500
  8. Food Bank of Northern NevadaSparks, NV

    General support

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Health1 grant $10,00040% of the total
  2. Youth development1 grant $10,00040% of the total
  3. Food and agriculture1 grant $5,00020% of the total

By State

Grants to organizations with a US address, latest year.

  1. Nevada8 grants $70,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Steven PetersenSECRETARY/TREASURER Hours 5Pay $39,344
  • Gayle PetersenPRESIDENT Hours 3Pay $18,348

The return

More foundations

Similar foundations

Same main cause (health), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Lee F Del Grande FoundationReno, NV 6 grants Preselected only $83,000 giving
  2. Louis J & Genevieve Capurro FoundationReno, NV 14 grants Preselected only $97,000 giving
  3. Kidview IncReno, NV 1 grant Preselected only $134,500 giving
  4. Earl and Elizabeth Ash Foundation of NevadaReno, NV 16 grants Accepts applications $155,500 giving
  5. Ernest Moody Charitable FoundationLas Vegas, NV 7 grants Preselected only $70,000 giving