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California · Nonprofit

MONTEREY PENINSULA FOUNDATION

MONTEREY PENINSULA FOUNDATION (California) receives grants from 68 organizations whose IRS filings report $22,933,621 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,921,700). 46 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$19M
Funders on record
68
Grants received
$23M
Net assets
$43M
46/68 repeat funderspeak grant-dependency 11%
01What it does

What Monterey Peninsula Foundation does

Mission

To improve the quality of life in monterey county and surrounding areas by providing grants to nonprofit organizations that benefit the community in the areas of youth, education, health and human services, arts and culture, and community and environment. The foundation generates funds by arranging and managing the annual golf tournaments known as "the at&t pebble beach national pro-amateur tournament and "the pure insurance championship at pebble beach."

As stated on its FY2025 Form 990.

Program

  1. The Monterey Peninsula Foundation enhances the quality of life in monterey county and surrounding areas through strategic disbursement of charitable funds generated by hosting the at&t pebble beach pro-am and the pure insurance championship at pebble beach. The foundation provided 187 grants, 56 tournament related gifts, 21 service organization donations, and 50 sponsorships and other gifts during fiscal year ending 6/30/2025.

    $17,921,065 spentof which $17,535,486 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $17,921,065.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($27M) Expenses 100 ($29M) Net assets 100 ($39M)2018 Revenue 133 ($36M) Expenses 130 ($38M) Net assets 100 ($39M)2019 Revenue 141 ($38M) Expenses 144 ($42M) Net assets 93 ($36M)2020 Revenue 142 ($39M) Expenses 136 ($40M) Net assets 93 ($36M)2021 Revenue 103 ($28M) Expenses 95 ($28M) Net assets 116 ($45M)2022 Revenue 170 ($46M) Expenses 150 ($44M) Net assets 112 ($44M)2023 Revenue 164 ($45M) Expenses 171 ($50M) Net assets 103 ($40M)2024 Revenue 79 ($21M) Expenses 76 ($22M) Net assets 107 ($42M)2025 Revenue 71 ($19M) Expenses 73 ($21M) Net assets 110 ($43M)
'17'18'19'20'21'22'23'24'25
Revenue (71)Expenses (73)Net assets (110)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $43M to $50M (+17%).

$43M
$47M
$46M
$43M
$50M
$49M
$47M
$51M
$51M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

261% of MONTEREY PENINSULA FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 863 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$2.0M
’17
−$1.8M
’18
−$3.9M
’19
−$982k
’20
$352k
’21
$2.3M
’22
−$5.3M
’23
−$738k
’24
−$2.1M
’25
4.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Steve John

CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed151515151414151717
Joined·+0+1+1+1+1+2+3+2
No longer listed·01121112
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 18 funders to 26 funders, grant income rose $872k → $5.0M.

17 of 68 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MONTEREY PENINSULA FOUNDATION’s funders (the co-funder graph). Top 30 of 68 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MONTEREY PENINSULA FOUNDATION has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MONTEREY PENINSULA FOUNDATION.

17%
largest funder
42%
top three
~12
effective funders

Largest funder’s share by year: 2017 23% · 2018 22% · 2019 25% · 2020 26% · 2021 29% · 2022 48% · 2023 20% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

44% of MONTEREY PENINSULA FOUNDATION's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

53% of MONTEREY PENINSULA FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $11M that is directly attributable, 59% of it comes from funders outside California, across 18 states.

NY
MA
OR
NV
IN
CA
UT
CO
MO
MD
DE
AZ
AR
TN
NC
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $12M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MONTEREY PENINSULA FOUNDATION is better cushioned than half of the 452 philanthropy nonprofits its size.

Operating margin−11% · bottom quartile
Months of reserve4.7mo · above the median
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025

Organizations like MONTEREY PENINSULA FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 3%Fundraising 13%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

51%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for MONTEREY PENINSULA FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MONTEREY PENINSULA FOUNDATION?
MONTEREY PENINSULA FOUNDATION (California) receives grants from 68 organizations whose IRS filings report $22,933,621 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,921,700). 46 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MONTEREY PENINSULA FOUNDATION have?
IRS filings report 68 organizations giving $22,933,621 in grants to MONTEREY PENINSULA FOUNDATION, 46 of which have funded it in more than one year.
Who is the largest funder of MONTEREY PENINSULA FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,921,700 in grants. The full list of funders is on this page.
How can an organization like MONTEREY PENINSULA FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 68 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing