Community Foundation

THE PENINSULA COMMUNITY FOUNDATION

THE PENINSULA COMMUNITY FOUNDATION is a Community Foundation headquartered in CORNELIUS, NC. Financial data from the 2024 filing: $546K revenue, $565K expenses, $282K total assets. 23 publicly reported grants to this organization, totaling roughly $377K, appear in IRS filings.

EIN: 010554374 CORNELIUS, NC Latest filing: 2024
Total Revenue$546K
Total Expenses$565K
Total Assets$282K
Grant Records23
Funding Total$377K
Filing Years2019–2024

Mission

ORGANIZATION OPERATES EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC AND RELIGIOUS PURPOSES DONATING FUNDS TO OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY.

Officers & Directors

PRESIDENT George Searle
VICE PRESIDE Molly Stokas
TREASURER Ron Bruce
SECRETARY Susan Hartman

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$148,675 5 grants
For grant recipient's exempt purposes
$127,092 8 grants
PROGRAMS
$40,000 3 grants
GENERAL SUPPORT
$34,201 3 grants
PHILANTHROPY
$12,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $546K $565K $282K
2023 $359K $321K $295K
2022 $298K $241K $256K
2020 $133K $178K $209K
2019 $198K $170K $264K

Between 2019 and 2024, reported annual revenue grew from $198K to $546K (+176%), with total assets most recently reported at $282K.

Interactive year-over-year charts and full filing details available with membership.

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