Peter was one of the four founders of "FREE", a non-profit organization that created six charter schools with 1,200 students. These schools are the Chapel Hill Free Academy, the Orange Charter School (Hillsborough), the River Mill Academy (Saxapahaw), the Carter Community School (Durham), the Woods Charter School (Chapel Hill) and the Clover Garden School (Altamahaw). The charter for the Clover Garden School was granted in March, 2001:

A new organization called the "FREE Foundation" has been set up to promote education initiatives proven through scientific research. One of these initiatives relates to building small public schools with less than 300 students. The first of these schools opened in Hillsborough on August 29, 2002 based on loan guarantees provided by the US Department of Agriculture. In February 2002, Peter met with Rod Paige (Secretary, US Department of Education) to request that programs based on the USDA model be set up to serve urban areas.