Peter G. Peterson Foundation
Our America. Our Future.
About Us
Introduction from the President
I am pleased to have the opportunity to serve as the first President and CEO of the Peter G. Peterson Foundation. I am even more pleased to have the opportunity to work in partnership with Pete Peterson, a great individual whose life is a case study of the American Dream.
By establishing this Foundation, Pete is putting his money to work on a number of important issues about which he has been speaking and writing for over 30 years.
Board of Directors
Peter G. Peterson, Founder and Chairman
Michael Peterson, Vice Chairman
Joan Ganz Cooney, Director
Our Mission
We are dedicated to increasing public awareness of the nature and urgency of several key challenges threatening America's future, and to accelerating action on them. To address these challenges successfully, we will work to bring Americans together to find sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results.
Our History
The Story of the Peter G. Peterson Donation
On June 21, 2007, The Blackstone Group went public. Within an hour, the investment firm's co-founder Pete Peterson became a billionaire.
Just as immediately, he set about giving the money back.
A philanthropist and student of philanthropy, as well as a longtime advocate for securing America's fiscal future, Pete decided to devote much of his new fortune - $1 billion - to a foundation that would tackle some of the critical challenges threatening the nation's well-being. Among them: large and growing budget deficits, dismal national and personal savings rates, and a ballooning national debt that endangers the viability of Social Security, Medicare, and our economy itself.
