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 $87K across 9 grants in 2025 (avg $10K), mostly in Maine. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $87,495
- +20.7% vs 2024
- Grants made (2025)
- 9
- +12.5% vs 2024
- Average grant
- $9,722
- +7.3% vs 2024
- Median grant
- $10,000
- Total assets
- $1,379,252
- +14.1% vs 2024
- Primary geography
- Maine (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 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 9 recipients in 2025
The largest 2025 recipient was Peaks Island Elementary School ($14K). Together the top 9 received $87K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $73K (2024) to $87K (2025). In 2025 it made 9 grants totaling $87K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Peaks Island Elementary School Peaks Island, ME | To fun an initiative called "Island as Classroom" which will enhance the academic curriculum at the school. | $14,200 |
| Peaks Island News Peaks Island, ME | To help the News reach an operating level that nears the goal of self-sufficiency. | $10,000 |
| Peaks Island Children's Workshop Peaks Island, ME | Support for operations as it strives to keep rates reasonable for families on Peaks Island. | $10,000 |
| Illustration Institute Portland, ME | For free public programming celebrating illustration which will benefit Peaks Island residents. | $10,000 |
| Fifth Maine Regiment Museum Peaks Island, ME | Development and implementation of a new self-guided tour. | $10,000 |
| New England Arab American Organization | Support families on Peaks Island who have opened their homes to unaccompanied African youth. | $10,000 |
| Creative Portland | Supporting the Peaks Island Musician in Residence program. | $8,000 |
| Peaks Environmental Action Team | Purchase and installation of comprehensive fitness system at Trott Little John Park. | $7,884 |
| Peaks Island Tax and Energy Assistance Peaks Island, ME | To plan, coordinate and assist in funding professional home energy audits for Peaks Island properties. | $7,411 |
Ready to take the next step with Peaks Island Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,379,252 | $238,994 | $149,246 | $87,495 | 9 | $86,609 |
| 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 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 9 grants totaling $87K. Net investment income was $87K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Peaks Island Fund Inc is led by Perry Sutherland, Executive Director & Secretary since 2025 (on filings since 2023); 1 of 16 officers listed in 2025 is compensated.
Officers on the 2025 filing
Perry Sutherland
Executive Director & Secretary
Secretary → Executive Director & Secretary, 2025
On filings since 2023
10 hrs/week
$12K (2024) → $12K (2025)
Owen Sanderson
President
Trustee → President, 2025
On filings since 2023
2 hrs/week
No compensation reported
Bryn Roberts
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Rachel Conly
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Robert Harville
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Vanessa Sylvester
Trustee
Vice President → Trustee, 2025
On filings since 2023
2 hrs/week
No compensation reported
Anne Coughlin
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Cate Stevenson
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Laura Reading
Trustee
On filings since 2024
2 hrs/week
No compensation reported
Doug Lavanture
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Fred Fahey
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Jean Raymond
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
MIchele Winchester
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Suzanne Fox
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Daniel Goodman
Vice President
Trustee → Vice President, 2025
On filings since 2023
2 hrs/week
No compensation reported
Rich Amster
Treasurer
Trustee → Treasurer, 2025
On filings since 2023
2 hrs/week
No compensation reported
Former officers (6)
- Former: Cara Dolan (2023–2024) — Trustee
- Former: Christopher Jenkins (2023–2024) — Treasurer
- Former: W John Funk (2023–2024) — President
- Former: Betsy Cook (2024) — Trustee
- Former: Barbara Taylor (2023) — Trustee
- Former: Eduardo Daranyl (2023) — Trustee
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to Perry Sutherland (Executive Director/Secretary).
Frequently asked questions about Peaks Island Fund Inc
How much does Peaks Island Fund Inc give each year?
Peaks Island Fund Inc gave $87K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $73K across 8 grants.
What is Peaks Island Fund Inc's typical grant size?
Peaks Island Fund Inc's median grant in 2025 was $10,000, and its average grant was $9,722, across 9 grants on its 2025 IRS Form 990.
Where does Peaks Island Fund Inc give grants?
Peaks Island Fund Inc gives mostly in Maine: 70% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Peaks Island, ME (5 grants).
Does Peaks Island Fund Inc give general operating support?
Yes: 11% of Peaks Island Fund Inc's 2025 grants with a stated purpose (1 of 9) were for general or operating support, per its 2025 IRS Form 990.
Who are Peaks Island Fund Inc's largest grantees?
Peaks Island Fund Inc's largest 2025 grantees include Peaks Island Elementary School ($14,200), Peaks Island News ($10,000) and Peaks Island Children's Workshop ($10,000), according to its 2025 IRS Form 990. Together they received 39% of its itemized 2025 grant dollars.
How large is Peaks Island Fund Inc?
Peaks Island Fund Inc reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $239K.
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 2023–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 3, 2026)
- 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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Peaks Island Fund Inc down — hundreds of funders to go?