The Peach State FCU C.A.R.E.S. Foundation is the philanthropic arm of Peach State Federal Credit Union, a not-for-profit financial institution. Established in 2021, the foundation supports charitable organizations, educational institutions, and arts organizations throughout the credit union's service area. The foundation's name reflects its core values: Community, Arts, Responsibility, Education, and Service.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$786K
+32.2% YoY
Annual Giving
$690K
-3.2% YoY
Grant Count
172
-21.8% YoY
Avg Grant Size
$4K
+23.8% YoY
Mission & Focus Areas
The foundation's mission is to help neighbors with contributions throughout Peach State Federal Credit Union's service area. The organization reinvests directly into the community through donations to charitable organizations, support for the arts, and educational initiatives.
Primary focus areas include:
- Community Development
- Arts Support
- Education
- Responsibility Initiatives
- Service Programs
Grantmaking
The C.A.R.E.S. Foundation is supported by the C.A.R.E.S. Visa Debit Card program, which generates donations through merchant interchange income. For every purchase made with a Peach State Visa Debit Card, the foundation receives $0.05 per transaction. The foundation also accepts contributions from outside donors.
How to Apply
Organizations seeking donations or sponsorships must complete a Sponsorship and Donation Request Form. Requests are reviewed by Peach State staff and volunteer Board members.
Ready to take the next step with Peach State Fcu Cares Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation funds organizations and individuals within Peach State Federal Credit Union's service area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Donations: $3 million+
- Organizations Supported: 320+
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $786,063 | $594,720 | $353,518 |
| Revenue | $881,699 | $964,960 | $655,943 |
| Expenses | $690,356 | $723,758 | $689,521 |
| Qualifying Distributions | $690,109 | $723,758 | $680,085 |
| Net Investment Income | — | — | $364 |
| Distributable Amount | $30,609 | $21,243 | $11,542 |
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 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Demitra Houlis | President-Director | 5 | — |
| Ryan Hawk | Vice-President-Director | 5 | — |
| Michael Santoro | Sec-Treasurer-Director | 5 | — |
| Robert Boutwell | Director | 2 | — |
| Walt Martin | Director | 1 | — |
| Linda Anderson | Director | 1 | — |
| Lenzy Reid III | Director | 1 | — |
Recent News & Activity
Recent developments and announcements
The Peach State FCU C.A.R.E.S. Foundation announced 2025 scholarship program recipients, with notifications provided to recipients by mid-April 2025.
Peach State FCU C.A.R.E.S. Foundation Announces 2025 Scholarship RecipientsSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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