Peaks Island Fund Inc
The activity of the Organization is to provide funding and support for IRC Section 501 (c)(3) Organizations operating on Peaks Island, Maine
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+25966.3% YoY
Annual Giving
$73K
Grant Count
8
Avg Grant Size
$9K
About Peaks Island Fund Inc
Based on IRS filings
Peaks Island Fund Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PEAKS ISLAND, ME. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 8 grants totaling $73K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,209,217 | $4,639 |
| Revenue | $138,733 | $4,775 |
| Expenses | $143,711 | $136 |
| Qualifying Distributions | — | — |
| Net Investment Income | $34,717 | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Open Grants
4 open opportunities from Peaks Island Fund Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fifth Maine Regiment ($10,000), Illustration Institute ($10,000), Peaks Island Childrens Workshop ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Fifth Maine Regiment Peaks Island, ME | Creation of Guided Tour | $10,000 |
| Illustration Institute Portland, ME | Program Expansion | $10,000 |
| Peaks Island Childrens Workshop Peaks Island, ME | Operational Support | $10,000 |
| Peaks Island Elementary School Peaks Island, ME | Stem Classes | $10,000 |
| Peaks Island Historical Society Peaks Island, ME | Cemetary Rehab | $8,000 |
| Peaks Island Information Peaks Island, ME | Program Expansion | $8,000 |
| Peaks Island News Peaks Island, ME | Publicaion Expansion | $10,000 |
| ST Christophers Parish Portland, ME | Community Room Update | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W John Funk | President | 5 | — |
| Vanessa Sylvester | Vice President | 2 | — |
| Christopher Jenkins | Treasurer | 2 | — |
| Perry Sutherland | Secretary | 10 | $12,000 |
| Daniel Goodman | Trustee | 2 | — |
| Rich Amster | Trustee | 2 | — |
| Owen Sanderson | Trustee | 2 | — |
| Cara Dolan | Trustee | 2 | — |
| Robert Harville | Trustee | 2 | — |
| Rachel Conly | Trustee | 2 | — |
| Bryn Roberts | Trustee | 2 | — |
| Laura Reading | Trustee | 2 | — |
| Cat Stevenson | Trustee | 2 | — |
| Anne Coughlin | Trustee | 2 | — |
| Betsy Cook | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Peaks Island Fund Inc?
Peaks Island Fund Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PEAKS ISLAND, ME. It holds $1.2M in total assets as of 2024.
How large is Peaks Island Fund Inc?
As of 2024, Peaks Island Fund Inc holds $1.2M in total assets with $139K in annual revenue. It awarded 8 grants totaling $73K in 2024.
Where does Peaks Island Fund Inc operate?
Peaks Island Fund Inc has awarded grants in Maine.
What size grants does Peaks Island Fund Inc award?
In 2024, Peaks Island Fund Inc awarded 8 grants totaling $73K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is Peaks Island Fund Inc's EIN?
Peaks Island Fund Inc's EIN (Employer Identification Number) is 92-3794520. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Peaks Island Fund Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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