Editor’s note: This story has been updated with additional information about damages sought in the lawsuit.
It’s likely that Gordon Peterson would not only be turning over in his grave, if that were possible, but also tsking angrily and oozing disappointment about what’s happening 20 years after the late real estate investor opened a donor-advised fund with a faith-based foundation in Colorado Springs that allocates clients’ money to advance Christian causes.
His son, Philip G. Peterson, a resident of Mission Hills, Kan., who says he became the sole successor advisor to the Peterson Family Stewardship Fund when matriarch Ruth Peterson died in 2021, claims in a lawsuit he filed Jan. 15 in federal district court in Denver that since early 2024 he has been cut off from all communication with the donor advisor group, Christian Community Foundation. From its headquarters on the far north side of Colorado Springs, the organization does business as WaterStone…