Monterey Peninsula Foundation
5 Mandeville Ct, Monterey, CA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $19,338,570 | $21,396,299 | $42,624,434 |
| FY2024 | $21,486,200 | $22,224,410 | $41,549,473 |
| FY2023 | $44,875,675 | $50,214,969 | $39,905,632 |
| FY2022 | $46,424,262 | $44,158,974 | $43,524,233 |
| FY2021 | $28,291,060 | $27,939,277 | $44,912,023 |
| FY2020 | $38,849,692 | $39,832,118 | $36,031,249 |
| FY2019 | $38,484,299 | $42,347,172 | $36,205,534 |
| FY2018 | $36,290,555 | $38,132,318 | $39,058,351 |
Form 990 filings
The returns filed by Monterey Peninsula Foundation (EIN 94-2541783), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $50,407,760 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $17,921,065 | 84% |
| Management & general | $745,264 | 3% |
| Fundraising | $2,729,970 | 13% |
What the numbers show
- Contributions & grants was the largest of the listed revenue sources in FY2025.
- Program services accounted for 84% of functional expenses, management & general 3%, and fundraising 13%.
- 84% of functional expenses went to program services in FY2025. That is higher than 22.6% of 115 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Net assets covered about 23.9 months of expenses at the end of the reporting year. That puts it in the 26th percentile among 6903 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue was higher than 97.6% of 7106 Philanthropy, Voluntarism & Grantmaking Foundations organizations in CA.
- Total revenue fell from $36,290,555 in FY2018 to $19,338,570 in FY2025. Revenue increased in 3 and decreased in 4 of 7 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 8 reported years (FY2018, FY2019, FY2020, FY2023, FY2024, FY2025).
- The highest revenue on record here is $46,424,262 in FY2022.
- Net assets grew from $39,058,351 to $42,624,434 between FY2018 and FY2025.
- Contributions and grants made up 5% of revenue in FY2018 and 261% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
HOSTING THE AT&T PEBBLE BEACH PRO-AM AND THE PURE INSURANCE CHAMPIONSHIP AT PEBBLE BEACH.
IRS status
| Ruling year | 2015 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T12 — Philanthropy, Voluntarism & Grantmaking Foundations (in CA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- The Grove Foundation — Los Altos, CA · $19,332,228
- Craig H Neilsen Foundation — Calabasas, CA · $19,747,642
- Mercury Foundation — Redwood City, CA · $20,089,171
- Carina Initiatives Inc — Torrance, CA · $20,315,586
- Lampert Fam Foundation Uta 121500 — San Francisco, CA · $20,616,744
- Chuck and Ernestina Kreutzkamp Foundation — Chula Vista, CA · $20,796,041
- Gleason Family Foundation — Pine Grove, CA · $20,800,339
- John Pritzker Family Fund — Redwood City, CA · $17,757,690
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.