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Mission: To provide funds to peninsula music festival, inc. As a supporting organization under irc section 509(a)(3).
Programs: The thor johnson endowment trust provides operating grants to peninsula music festival, inc. , a 501(c)(3) organization. The trust has grown from $450,000 to over $4. 5 million in twenty years. The conservative investment strategy by the trustees for long-term stability, rather than quick growth, has paid off for the festival.