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
Peaks Island Fund Inc at a glance
In short: Peaks Island Fund Inc gave $73K across 8 grants in 2024 (avg $9K), mostly in Maine. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $72,500
- Grants made (2024)
- 8
- Average grant
- $9,063
- Median grant
- $10,000
- Total assets
- $1,209,217
- +25966.3% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Peaks Island Fund Inc
- Next open deadline
- March 1, 2027 (Annual Grants)
Open Grants
4 open opportunities from Peaks Island Fund Inc
Annual Grant
Peaks Island Fund Inc
Amount
Up to US $10,000
Deadline
Deadline not published
Annual Grants
Peaks Island Fund Inc
Amount
Up to $10,000
Deadline
Expected ~March
Based on past cycles
Rapid Response Grant
Peaks Island Fund Inc
Amount
Up to US $1,000
Deadline
Deadline not published
Who Peaks Island Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Fifth Maine Regiment ($10K). Together the top 8 received $73K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 8 grants totaling $73K.
Grants by year
Grant recipients and amounts by year
| 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 News Peaks Island, ME | Publicaion Expansion | $10,000 |
| Peaks Island Historical Society Peaks Island, ME | Cemetary Rehab | $8,000 |
| Peaks Island Information Peaks Island, ME | Program Expansion | $8,000 |
| ST Christophers Parish Portland, ME | Community Room Update | $6,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,209,217 | $138,733 | $143,711 | $72,500 | 8 | $34,717 |
| 2023 | $4,639 | $4,775 | $136 | — | — | — |
About Peaks Island Fund Inc
Based on IRS filings
Peaks Island Fund Inc is a public charity, 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
Leadership & Key People
Officers and directors from IRS filings
Peaks Island Fund Inc is led by W John Funk, President on every filing since 2023; 1 of 15 officers listed in 2024 is compensated.
Officers on the 2024 filing
W John Funk
President
On filings since 2023
5 hrs/week
No compensation reported
Bryn Roberts
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Cara Dolan
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Daniel Goodman
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Owen Sanderson
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Rachel Conly
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Rich Amster
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Robert Harville
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Anne Coughlin
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Betsy Cook
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Cat Stevenson
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Laura Reading
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Perry Sutherland
Secretary
On filings since 2023
10 hrs/week
$12K (2024)
Christopher Jenkins
Treasurer
On filings since 2023
2 hrs/week
No compensation reported
Vanessa Sylvester
Vice President
On filings since 2023
2 hrs/week
No compensation reported
Former officers (2)
- Former: Barbara Taylor (2023) — Trustee
- Former: Eduardo Daranyl (2023) — Trustee
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to Perry Sutherland (Secretary).
Frequently asked questions about Peaks Island Fund Inc
How much does Peaks Island Fund Inc give each year?
Peaks Island Fund Inc gave $73K across 8 grants in 2024, according to its 2024 IRS Form 990.
What is Peaks Island Fund Inc's typical grant size?
Peaks Island Fund Inc's median grant in 2024 was $10,000, and its average grant was $9,063, across 8 grants on its 2024 IRS Form 990.
Where does Peaks Island Fund Inc give grants?
Peaks Island Fund Inc gives mostly in Maine: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Peaks Island, ME (6 grants) and Portland, ME (2 grants).
Does Peaks Island Fund Inc give general operating support?
Yes: 13% of Peaks Island Fund Inc's 2024 grants with a stated purpose (1 of 8) were for general or operating support, per its 2024 IRS Form 990.
Who are Peaks Island Fund Inc's largest grantees?
Peaks Island Fund Inc's largest 2024 grantees include Fifth Maine Regiment ($10,000), Illustration Institute ($10,000) and Peaks Island Childrens Workshop ($10,000), according to its 2024 IRS Form 990. Together they received 41% of its itemized 2024 grant dollars.
How large is Peaks Island Fund Inc?
Peaks Island Fund Inc reported $1.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $139K.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS September 21, 2025)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Peaks Island Fund Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Peaks Island Fund Inc's focus areas in our free grants database
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Figures come from Peaks Island Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Peaks Island Fund Inc down — hundreds of funders to go?