Peake Family Foundation
- Assets
- $1.1m
- Revenue
- $418.0k
- Investments
- $997.9k
- Employees
- 0
- Location
- Macon, GA
- Founding
- 06/2018
- Data as of
- 12/2023
- EIN
- 82-6660335
Organization Overview
Peake Family Foundation is located in Macon, GA. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Peake Family 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 12/2023, Peake Family Foundation generated $418.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $282.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Peake Family Foundation has awarded 57 individual grants totaling $1,139,800. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen M Peake Trustee | 0 | $0 | |
Betsy M Peake Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,200 |
| Interest on Savings | $8,132 |
| Dividends & Interest | $22,963 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,317 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $417,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $312 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,102 |
| Contributions, gifts, grants paid | $271,000 |
| Total expenses and disbursements | $282,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,652 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,094,527 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Peake Family Foundation has awarded $271,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FLOWERING HOPE FOUNDATION PURPOSE: GENERAL FUND | $111,500 |
FIRST PRESBY DAY SCHOOL PURPOSE: GENERAL FUND | $25,000 |
CARING SOLUTIONS OF CENTRAL GA PURPOSE: GENERAL FUND | $10,000 |
RESCUE MISSION OF MIDDLE GA PURPOSE: GENERAL FUND | $5,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: GENERAL FUND | $5,000 |
GA STATE GOLF ASSOCIATION PURPOSE: GENERAL FUND | $12,500 |