Manhattan Fund - Caroline F Peine Charitable

DALLAS, TX EIN: 59-7250365 Website

The Manhattan Fund – Caroline F. Peine Charitable Foundation is a private foundation established in 2007 and based in Dallas, Texas. The foundation was created at the death of Caroline Peine in 2004 to continue her legacy of philanthropy in the Manhattan, Kansas area and surrounding communities.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.0M

+3.1% YoY

Annual Giving

$444K

+10.9% YoY

Grant Count

-11.8% YoY

Avg Grant Size

$30K

+25.7% YoY

Under IRS private-foundation payout rules, Manhattan Fund - Caroline F Peine Charitable reported a distributable amount of $530K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is threefold:

To improve the quality of life in the City of Manhattan, Kansas
To benefit the Konza Prairie
To provide for recreational development in the town of Keats, Kansas

The foundation considers funding projects from local organizations including the Konza Prairie, the Regional Crisis Center, the Sunset Zoo, the Special Olympics, and the UFM. Additional funding areas include:

Arts (including theater)
Energy assistance for low-income individuals and families
Historic preservation
Libraries
Parks and recreation
Services for the elderly and handicapped
Subsidized child care that enables parents to be employed or educated
Youth development
Human services
Housing and shelter
Health initiatives

Grantmaking

Grant Range

s:** Typical awards range from $1,400 to $139,860, with a median grant size of $10,000.

Review Cycle

** Letters of Intent are due by April 1st for the Annual Spring Cycle and October 1st for the Annual Fall Cycle. The most recent deadline listed is October 1, 2025.

How to Apply

** The foundation accepts Letters of Intent from nonprofit organizations serving Manhattan, Kansas. Submissions must demonstrate intent to improve quality of life in Manhattan, benefit the Konza Prairie, or provide recreational development in Keats.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and projects in:

Manhattan, Kansas
Keats, Kansas
Konza Prairie area

Grant Distribution by State

Kansas $2.1M (98%)

Missouri $33K (2%)

Ohio $2K (0%)

Virginia $2K (0%)

States

Kansas Missouri Ohio Virginia

Cities

ArlingtonColumbusKansas CityManhattanMissionTopekaWichita

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2025:

Total Assets: $8,958,546
Total Revenue: $844,964
Total Expenses: $571,827
Total Giving: $443,598
Total Liabilities: $0

The foundation has one employee on staff.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$8,958,546	$8,688,706	$8,621,254
Revenue	$844,964	$308,968	$-62,829
Expenses	$571,827	$503,576	$566,454
Qualifying Distributions	$499,649	$451,140	$500,738
Net Investment Income	$780,078	$255,365	$147,505
Distributable Amount	$529,881	$491,424	$456,208

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

117 grants across all recorded years

Open Grants

1 open opportunity from Manhattan Fund - Caroline F Peine Charitable

Foundation

Caroline Peine Charitable Foundation Grant

MANHATTAN FUND - CAROLINE F PEINE CHARITABLE

Amount

More than US $25,000

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Pawnee Mental Health Services Inc ($139,860), Big Lakes Development Center Inc ($65,000), Manhattan Area Technical College ($62,500).

Recipient	Purpose	Amount
FLINT HILLS BREADBASKET INC MANHATTAN, KS	SUPPORT RELOCATION &	$46,667
CRISIS CENTER INC MANHATTAN, KS	FOR DOMESTIC VIOLENCE	$15,000
SPECIAL OLYMPICS KANSAS INC MISSION, KS	SUPPORT UNIFIED SPORTS	$5,000
GREATER MANHATTAN COMMUNITY FOUNDATION MANHATTAN, KS	SUPPORT KIDS BIKES	$5,000
KANSAS STATE UNIVERSITY FOUNDATION MANHATTAN, KS	MAINTENANCE OF PUBLIC	$8,000
GREATER MANHATTAN COMMUNITY FOUNDATION MANHATTAN, KS	SUPPORT TOYS FOR MANHATTAN	$1,404
BIG LAKES DEVELOPMENT CENTER INC MANHATTAN, KS	SUPPORT RAISE THE ROOF	$65,000
PAWNEE MENTAL HEALTH SERVICES INC MANHATTAN, KS	SUPPORT 'BRIDGING THE GAP'	$139,860
MANHATTAN AREA TECHNICAL COLLEGE MANHATTAN, KS	ADVANCED TECHNOLOGY CENTER	$62,500
KANSAS STATE UNIVERSITY MANHATTAN, KS	VITA (VOLUNTEER INCOME TAX	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by Bank of America as trustee. The Grant Committee includes:

Lucas Shivers
Karen McCulloh
Diana Chapel
Kathy Dzewaltowski

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$68,786
LUCAS SHIVERS - CO BANK OF AMERICA	GRANT COMMITTEE	1	—
KAREN MCCULLOH - CO BANK OF AMERIC	GRANT COMMITTEE	1	—
DIANA CHAPEL - CO BANK OF AMERICA	GRANT COMMITTEE	1	—
KATHY DZEWALTOWSKI - CO BOA	GRANT COMMITTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Manhattan Fund - Caroline F Peine Charitable fund?

The foundation's mission is threefold: • To improve the quality of life in the City of Manhattan, Kansas • To benefit the Konza Prairie • To provide for recreational development in the town of Keats, Kansas The foundation considers funding projects from local organizations including the Konza Prairie, the Regional Crisis Center, the Sunset Zoo, the Special Olympics, and the UFM. Additional funding areas include: • Arts (including theater) • Energy assistance for low-income individuals and famil…

How do I apply for a grant from Manhattan Fund - Caroline F Peine Charitable?

**Grant Sizes:** Typical awards range from $1,400 to $139,860, with a median grant size of $10,000. **Recent Grant Activity:** The foundation made 25 grants in its most recent fiscal year (2025). Recent grants include: • Pawnee Mental Health Services: $139,860 (Support 'Bridging the Gap') • Big Lakes Developmental Center Incorporated: $65,000 (Support Raise the Roof) • Be Able: $46,667 (Support Housing Initiative) **Application Process:** The foundation accepts Letters of Intent from nonprofit …

Where does Manhattan Fund - Caroline F Peine Charitable make grants?

The foundation primarily funds organizations and projects in: • Manhattan, Kansas • Keats, Kansas • Konza Prairie area

What size grants does Manhattan Fund - Caroline F Peine Charitable award?

In 2025, Manhattan Fund - Caroline F Peine Charitable awarded 15 grants totaling $444K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Manhattan Fund - Caroline F Peine Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Manhattan Fund - Caroline F Peine Charitable reported a distributable amount of $530K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Manhattan Fund - Caroline F Peine Charitable's EIN?

Manhattan Fund - Caroline F Peine Charitable's EIN (Employer Identification Number) is 59-7250365. IRS Form 990 filing data is available on this page for 2021–2025.