© 2016 Hal & Charlie Peterson Foundation
At an early age, the Peterson brothers began a partnership which grew rapidly into a large enterprise. Peterson’s Garage and Auto Company was the first of many companies in which the brothers owned controlling interest. Others included the Kerrville Bus Company, West Texas Auto Company, Beverly Studios and Castle Investments Corporation. Peterson ranches included the Taylor Ranch, Diamond Bar, Peterson Stock Farm and Camp Eagle. The book Hal and Charlie described the brothers as follows:
“Hal (Boss) Peterson guarded his privacy like a Hill Country coyote, but his visionary business ventures made him a South Texas legend. His gentle brother, Charlie Peterson, much preferred the outdoor life to a business meeting, but he somehow became the essential ballast of reason and restraint.”
“As different as rock and water, these two brothers formed an unwritten and perhaps unspoken partnership which grew to empire status in the first half of the twentieth century. And this empire evolved into perhaps the two greatest gifts ever bestowed upon the Texas Hill Country: the Hal and Charlie Peterson Foundation and the Sid Peterson Memorial Hospital in Kerrville, Texas. “
Hal “Boss” Peterson made the initial contribution establishing the Foundation in 1944. In 1947, the Foundation Trustees decided “...to establish a non-profit hospital in the City of Kerrville for the benefit of the people of the Hill Country in general...”. Sid Peterson Memorial Hospital was dedicated to the memory of their father and began receiving patients in July 1949.
The Foundation owned and operated the hospital until 1990, when it was established as a separate non-profit organization. The Foundation continues to support health care, education, and other charitable organizations throughout its seven county home area.