Peninsula Endowment
- Assets
- $2.6m
- Revenue
- $99.1k
- Investments
- $2.6m
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 11/1968
- Data as of
- 05/2024
- EIN
- 94-6187637
Organization Overview
Peninsula Endowment is located in Mountain View, CA. The organization was established in 1968. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Endowment 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 05/2024, Peninsula Endowment generated $99.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $109.6k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Peninsula Endowment has awarded 15 individual grants totaling $479,400. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VISION AND MISSION OBJECTIVE OF THE PENINSULA ENDOWMENT IS TO ENGAGE IN PHILANTHROPIC ACTIVITIES DESIGNED TO SUPPORT NONPROFIT ORGANIZATIONS WHICH ENHANCE THE LIVES OF PERSON WITH VISUAL DISABILITIES PRINCIPALLY LOCATED IN NORTHERN CALIFORNIA. DURING ITS FISCAL YEAR ENDED MAY 31 2023 THE PENINSULA ENDOWMENT MADE PAYMENTS OF $39000 TO THE VISTA CENTER $50000 TO BENETECH AND $ $5400 TO MARINLINK AND ITS BLINDSAIL SF BAY PROJECT
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,504 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,583 |
| Capital Gain Net Income | $33,583 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $99,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,649 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,487 |
| Total operating and administrative expenses | $9,601 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $109,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,903 |
| 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 | $2,603,898 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,646,801 |
| 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, Peninsula Endowment has awarded $100,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ANDERSON COLLECTION AT STANFORD UNIVERSITY PURPOSE: CHARITABLE PURPOSES | $16,000 |
EARLE BAUM CENTER OF THE BLIND PURPOSE: CHARITABLE PURPOSES | $10,000 |
SOCIETY FOR THE BLIND PURPOSE: CHARITABLE PURPOSES | $35,000 |
VISTA CENTER FOR THE BLIND AND VISUALLY IMPAIRED PURPOSE: CHARITABLE PURPOSES | $39,000 |