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EIN 34-1751216

Peninsula Library Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Peninsula
State
Ohio
Year formed
1993
Most recent tax filings
2022-12-01
NTEE code, primary
B70: Libraries, Library Science
Description
The Peninsula Library Foundation operates as a functionally integrated but independently organized entity, with its board of trustees consisting of volunteers. Its mission is solely to support the Peninsula Library & Historical Society (PL&HS) through a managed endowment fund, which was built through solicited and accepted donations. The Foundation's board serves as responsible stewards of its resources to fulfill its mission.
Total revenues
$203,677
2022
Total expenses
$47,470
2022
Total assets
$1,975,778
2022
Num. employees
0
2022

Program areas at Peninsula Library Foundation

The Peninsula Library Foundation solicited and accepted donations to build its endowment fund which directly supports the Peninsula Library Foundation. As responsible stewards of the Foundation's resources and to fulfill its mission, the Foundation board regularly reviewed investment performance and met with investment advisors. Following a board-approved distribution policy, the Foundation board provided support for the Peninsula Library & historical society. Since 2010, the Foundation has provided $178,906 to the Peninsula Library & historical society in nine annual disbursements. This year, the Foundation agreed to support the Peninsula Library & historical society's capital improvements project and encouraged members of the community to donate directly to this much needed Library renovation.

Grants made by Peninsula Library Foundation

GranteeGrant descriptionAmount
Peninsula Library and Historical SocietyFor Operation of the Library.$21,911

Who funds Peninsula Library Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Aspen Community Foundation (ACF)General Support$10,000

Personnel at Peninsula Library Foundation

NameTitleCompensation
Catherine TimkoDirector$0
Delores QuinnTreasurer$0
Nicholas BelluardoPresident$0
Tara SchultzDirector$0
Dawn CandaVice President$0
...and 4 more key personnel

Financials for Peninsula Library Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$125,638
Program services$0
Investment income and dividends$73,812
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,227
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$203,677

Form 990s for Peninsula Library Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-28990View PDF
2020-122021-05-21990View PDF
2019-122020-09-17990View PDF
2018-122019-10-31990View PDF
2017-122018-10-16990View PDF
...and 10 more Form 990s
Data update history
May 20, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Aspen Community Foundation (ACF)
June 2, 2022
Received grants
Identified 1 new grant, including a grant for $10,000 from Aspen Community Foundation (ACF)
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 14, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 29, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsLibraries and archivesCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
PO Box 292
Peninsula, OH 44264
Metro area
Akron, OH
County
Summit County, OH
Website URL
peninsulalibrary.org/support/foundation/ 
Phone
(330) 657-2291
IRS details
EIN
34-1751216
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B70: Libraries, Library Science
NAICS code, primary
51912: Libraries and Archives
Parent/child status
Independent
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