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About Steamboat
History
Co-Founders Peer T. Pedersen Jr. (left) and Andrew C. Walter.
Steamboat Foundation was founded in 2003 by Andrew C. Walter and Peer T. Pedersen Jr., Managing Partners of Blue Orchid Capital, LLC, a money management organization based in Greenwich, Connecticut.
In the process of founding Blue Orchid Capital, Andy and Peer also wanted to create a unique non-profit organization which would receive a significant percentage of Blue Orchid’s fee income each year. The goal was simple and mirrored their investment philosophy: to invest in extraordinary talent.
In 2004, Steamboat launched its Summer Scholar Program by providing the first class of Steamboat Scholars with the opportunity to live and learn together, while experiencing unrivaled internship experiences hosted by six Grant Partners. Completing its fifth summer, Steamboat has made grants to 46 Steamboat Scholars and continues to evolve each year, bringing together more distinguished University and Grant Partners in New York and Boston.
Steamboat also made its first Special Grant in 2004 to a program in Rwanda overseen by Right To Play, an organization that provides HIV and sports education programs to impoverished children around the globe. A second Special Grant was given to Partners In Health in 2008 in support of its efforts to treat and prevent child malnutrition using locally grown therapeutic foods in rural Haiti.
In the years to come, Steamboat will continue to grow its innovative programs and extend its investments in pioneering leaders, in the United States and internationally.
About Steamboat
Annual Reports
Download Steamboat Foundation’s Annual Reports in PDF format.