Peninsula Community Foundation
- Assets
- $199.3k
- Revenue
- $213.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Cornelius, NC
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 01-0554374
Organization Overview
Peninsula Community Foundation is located in Cornelius, NC. The organization was established in 2002. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peninsula Community Foundation generated $213.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $220.7k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peninsula Community Foundation has awarded 73 individual grants totaling $789,985. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION OPERATES EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC AND RELIGIOUS PURPOSES DONATING FUNDS TO OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADA JENKINS CENTER 212 GAMBLE STREET DAVIDSON, NC 28036 INDIVIDUAL AND FAMILY CRISIS ASSISTANCE 20,000
LAKE NORMAN COMMUNITY HEALTH CLINIC 14230 HUNTERS ROAD HUNTERSVILLE, NC 28078 COMMUNITY HEALTH 20,000
SMITHVILLE COMMUNITY COALITION P.O. BOX 1206 CORNELIUS, NC 28031 19,000 COMMUNITY DEVELOPMENT CATERPILLAR MINISTRIES P.O.BOX 2115 HUNTERSVILLE, NC 28078 17,500 DAVIDSON CORNELIUS CHILD DEV 242 GAMBLE STREET DAVIDSON NC 28036 CHILDCARE 15,000 HOSPICE ABD OAKKABTUVE CARE 705 GRIFFITH ST STE 203 DAVIDSON, NC 28036 SENIOR HELP SERVICES 13,200 DISCOVERY PLACE 105 GILEAD ROAD HUNTERSVILLE, NC 28078 CHILD EDUCATION 10,000 BAGS OF HOPE P.O. BOX 1439 CORNELIUS, NC 28031 CHILD NUTRITION 10,000 MAKE A WISH FOUNDATION 217 E TREMONT AVENUE CHARLOTTE, NC 28203 COMMUNITY SERVICE 10,000 MECK CTY BOY SCOUTS 1410 E 7TH ST CHARLOTTE, NC 28204 CHILD EDUCATION 7,500 GLOBAL MINDS UNITED P.O. BOX 1125 DAVIDSON, NC 28036 CHILD EDUCATION 7,500 THRIVE GLOBAL PROJECT P.O. BOX 11161 CHARLOTTE, NC 28220 CHILD EDUCATION 7,500 HOPE HOUSE FOUNDATION P.O. BOX 61 HUNTERSVILLE, NC 28078 COMMUNITY SERVICE 7,500 SAFE ALLIANCE 601 EAST FIFTH ST CHARLOTTE, NC 28202 DOMESTIC ABUSE HELP 7,500 BEDS FOR KIDS 1800 CAMDEN RD STE 10 CHARLOTTE, NC 28208 7,000
CAIN CENTER P.O. BOX 1443 CORNELIUS, NC 28031 ART. AND CULTURAL ORG 5,000 DAVIDSON VILLAGE NETWORK P.O.BOX 327 DAVIDSON, NC 28036 SENIORS HELP SERVICES 5,000 BIG BROTHERS, BIG SISTERS 3801 INDEPENDENCE BLVD STE 101 CHARLOTTE, NC 28208 CHILDCARE 5,000 BRIGHT BLESSINGS LAKE NORMAN 1150-C CREWS ROAD HUNTERSVILLE, NC 28078 COMMUNITY SERVICE 5,000 SAFE FAMILIES FOR CHILDREN 4300 IRVING ROAD CHICAGO, IL 60641 CHILD SAFETY 2,375
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Hartman Secretary | OfficerTrustee | $0 | |
Andrea Griffin Vice Preside | OfficerTrustee | $0 | |
Mary Jones Treasurer | OfficerTrustee | $0 | |
George Searle President | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $123,432 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,432 |
| Total Program Service Revenue | $0 |
| Investment income | $309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,847 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,894 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $201,575 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,496 |
| Information technology | $9,947 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $699 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $220,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $199,342 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $199,342 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $199,342 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $199,342 |
Grants Awarded
Over the last fiscal year, Peninsula Community Foundation has awarded $179,200 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Huntersville, NC PURPOSE: COMMUNITY HEALTH | $20,000 |
Davidson, NC PURPOSE: CHILD READING PROG | $20,000 |
SMITHVILLE COMMUNITY COALITION PURPOSE: COMMUNI DEVELOPMENT | $19,000 |
Huntersville, NC PURPOSE: CHILD EDUCATION | $17,500 |
Davidson, NC PURPOSE: CHILDCARE | $15,000 |
Charlotte, NC PURPOSE: SENIOR HELP SERVICES | $13,200 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Peninsula Community Foundation has recieved totaling $54,223.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $27,425 |
Darald And Julie Libby Foundation Naples, FL PURPOSE: CHARITABLE | $15,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $10,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
East Tennessee Foundation Knoxville, TN | $333,652,631 | $23,055,951 |
The Community Foundation Of Western North Carolina Inc Asheville, NC | $422,748,745 | $38,320,270 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC | $268,212,461 | $40,395,887 |