Peaks Island Fund

Total grant dollars awarded last cycle: $42,101
Maximum grant size: Grants made in 2016 ranged from $1,000 to $10,249
Average grant size last cycle: $4,678
Application deadline: June 1

Recent Grants from the Peaks Island Fund


Background

Through the generosity of year-round and summer residents, businesses, and friends, the Peaks Island Fund benefits the community of Peaks Island and its residents by supporting the work of local nonprofits and responding to the emerging needs of the island and its residents. Local residents evaluate grant requests to determine how the funds will be distributed. They also monitor the pulse of the island to determine other needs that should be addressed to better the future lives of island residents.

Priorities

The focus of the Peaks Island Fund is to help sustain and grow a diverse, year-round community on the island.
Priority will be given to projects that:

  • Help to reduce economic barriers to living on the island
  • Provide or increase access to educational and enrichment programs for youth
  • Preserve and protect the built and natural environment, including projects that reduce energy consumption
  • Increase year-round social and cultural resources for the community
  • Enhance opportunities for physical accessibility on the island, or
  • Collaborative projects that focus on efforts to bring Peaks Island residents together through common action and partnerships.

Types of Support

The Peaks Island Fund will award three types of grants: project grants, capital grants, and operating support grants:

  • Project Grants for new or expanding projects. To be considered for funding, projects must have a clear beginning and end (i.e., not be an ongoing project). Expanding projects are those that serve new populations or those that have new or significantly different content. In an effort to support as many quality projects as possible, we will award a maximum of three consecutive grants to support a single project.
  • Capital Grants for equipment or renovations (not capital campaigns).
  • Operating Grants for organization’s whose core mission is clearly and directly related to the fund’s priority areas. Operating support grants will provide up to two years of support for an organization.

Grant Size

Maximum award for operating support: $20,000 (up to $10,000 per year for 2 years)

Eligibility

  • An organization may submit only one application per year to the Peaks Island Fund.
  • A maximum of three consecutive grants will be awarded to an organization to support a single project. (After receiving up to three grants to support a project, an organization may apply for grants to support other new or expanding projects or capital expenses).
  • Progress reports for grants are due one month prior to the new grant period. Progress reports for all prior grants must be submitted in a timely manner before an organization can be considered for a new grant application.
  • Grants for specific purposes may not be converted to another purpose without prior approval by the Fund. Any unapproved expenditures must be paid back to the Fund before an organization can submit a new grant application.

The Peaks Island Fund will not support:

  • Endowments or capital campaigns: Activities designed to increase capital or assets of an organization. This includes costs related to verbal or written requests for financial support such as appeal letters or fundraising events.

Please note that grants cannot pay for program expenses that have already been incurred by an organization. For additional information, please see the Maine Community Foundation’s general grant guidelines.

How to Apply

The Peaks Island grant application is currently closed for revisions and will be available after April 17. Complete the online grant application by clicking the link in the grant application box at the top right hand corner of this page. Online applications must be submitted by 11:59 p.m., June 1. All applicants will receive notice of the committee's decisions.

Project Progress Report

All grant recipients will be required to submit a Project Progress Report approximately 10 months after receiving payment of the grant. Organizations that fail to file a progress report will not be eligible for future funding from Maine Community Foundation competitive grant programs for one year or until the missing report is filed.

Contact

If you have any questions regarding the Peaks Island Fund, please contact Laura Lee via e-mail or by phone at (207) 412-0838, or contact one of the fund's advisors.

To Make a Donation to the Peaks Island Fund

To make a cash donation, contact Laura Lee, program officer, by e-mail or by phone at (207) 412-0838. You may also donate online.

To donate stock or gifts of real or tangible personal property to the Peaks Island Fund, or to discuss planned giving options, please contact Jen Southard at (207) 412-0842 or jsouthard@mainecf.org.

Peaks Island Fund Advisors

Mary Anderson
Jessica Burton
Stephanie Castle
Melissa Conrad
Will Crosby
Ed Daranyi
Craig Davis, Co-Vice-Chair
Joseph Gray
Cheryl Higgins
Jane Kaveney

Scott Kelley
Chris Marot,Treasurer
Kathryn Moxhay, Co-Vice-Chair
Nancy Nash
Grace Noonan-Kaye
Beth Rand
Barbara Schlichtman,  Chair
Marilyn Staples
Monica Stevenson
Perry Sutherland

Peaks Island Fund Annual Reports

2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007