AUSTIN, TX

Peoplefund

Quick Facts

EIN
74-2814572
Location
AUSTIN, TX
Category
Community Development
NTEE Code
S43
Total Assets
$97.6M
Annual Income
$28.1M
Annual Revenue
$23.7M
IRS Ruling Year
1997
Tax Subsection
501(c)(03)

About This Organization

Peoplefund is a nonprofit organization based in AUSTIN, TX. It received its IRS tax-exempt ruling in 1997. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $97.6M. Annual income is $28.1M. The organization has received $6.6M in foundation grants from 10 funders. It has received $20.3M in federal awards from 3 agencies.

Grants Received from Foundations

Foundation grants awarded to Peoplefund, based on IRS 990-PF filings.

FunderAmountYearPurpose
Washington Federal Foundation$25K2023COMMUNITY SERVICES TO LMI
Truist Foundation Inc.$2.5M2022GENERAL OPERATING
Truist Foundation Inc.$2.5M2022GENERAL OPERATING
Bank Of America Charitable Foundation Inc.$100K2022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$100K2022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$70K2022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$70K2022PROGRAM/OPERATING SUPPORT
Regions Foundation$50K2022GENERAL SUPPORT
Regions Foundation$50K2022GENERAL SUPPORT
Bank Of America Charitable Foundation Inc.$100K2021OPERATIONAL SUPPORT
Bank Of America Charitable Foundation Inc.$54K2021OPERATIONAL SUPPORT
Regions Foundation$50K2021GENERAL SUPPORT
Shield-Ayres Foundation$2K2021GENERAL SUPPORT OF THE ORGANIZATION
Citi Foundation$500K2020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INITIATIVE
Still Water Foundation Ii$280K2020CHARITABLE - FOR LOANS TO RESTAURANTS AND FOR GENERAL OPERATING SUPPORT.
Goldman Sachs Foundation$100K2020GRANT TO SUPPORT COVID-19 REFIEF EFFORTS IN TEXAS
Meadows Foundation Incorporated$50K2020Toward opening an office in Lubbock to finance minority, women and low-income small business owners
Charles Schwab Corporation Foundation$1K20202020 PRO BONO CHALLENGE IMPLEMENTATION GRANT

Federal Awards Received

Federal grants and cooperative agreements from USAspending.gov.

AgencyProgramAmountYear
Department of the Treasury7 awards totaling $9,563,399$9.6M2025
Small Business Administration16 awards totaling $8,690,975$8.7M2025
Department of Commerce1 awards totaling $2,000,000$2M2025

Frequently Asked Questions

What does Peoplefund do?

Peoplefund is a nonprofit organization focused on community development, based in AUSTIN, TX. It is classified under IRC Section 501(c)(03).

Who funds Peoplefund?

Peoplefund has received foundation grants from Washington Federal Foundation, Truist Foundation Inc., Bank Of America Charitable Foundation Inc., and others. It has also received federal awards from Department of the Treasury, Small Business Administration, Department of Commerce.

What is Peoplefund's annual revenue?

Peoplefund reports total assets of $97.6M. Annual income is $28.1M.

Where is Peoplefund located?

Peoplefund is located in AUSTIN, TX.

Is Peoplefund a 501(c)(3)?

Yes, Peoplefund is a 501(c)(3) tax-exempt organization. Its EIN is 74-2814572. Donations to this organization may be tax-deductible.

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