The Peninsula Community Foundation of Virginia (PCF) is committed to the highest standards of financial transparency, accountability, and stewardship. As a trusted philanthropic partner for individuals, families, nonprofits, and businesses across the Peninsula, we take seriously our responsibility to manage charitable resources wisely and with long-term impact in mind.

Each year, PCF undergoes an independent audit conducted by a certified public accounting firm. Our audited financial statements provide a clear picture of the Foundation’s financial position, including our assets, liabilities, revenues, and expenses. These statements reflect our adherence to sound financial practices and our commitment to maintaining strong internal controls.

PCF’s balance sheet reflects the steady growth of assets entrusted to us by generous donors and community partners. These assets include donor-advised funds, agency funds, designated and field-of-interest funds, scholarship funds, and endowments established to support charitable causes today and for generations to come.

The growth of our assets is a direct result of:

- Thoughtful philanthropy from donors across the Peninsula

- Prudent financial management and oversight by our Board of Directors and Finance/Investment Committee

- Long-term investment strategies designed to preserve and grow charitable resources

By building and sustaining a strong financial foundation, PCF is able to respond to current community needs while also ensuring future generations benefit from longstanding charitable investments.

Below, you can find PCF’s most recent 990 and learn more about our investment manager, Mercer. We invite you to review these documents and welcome questions from donors, nonprofits, and community partners who would like to learn more about how charitable funds are managed at the Foundation.