EIN 94-2541783

Monterey Peninsula Foundation (MPF)

Name: Monterey Peninsula Foundation (MPF) financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Monterey

State

California

Year formed

1978

Most recent tax filings

2022-06-01

NTEE code, primary

N70: Amateur Sports Competitions

Description

To enhance the quality of life in Monterey County and surrounding areas through the strategic disbursement of charitable funds generated by hosting the AT&T Pebble Beach Pro-Am and the PURE Insurance Championship.

Total revenues

$46,424,262

2022

Total expenses

$44,158,974

2022

Total assets

$49,420,244

2022

Num. employees

2022

Program areas at MPF

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 135 grants, 53 tournament related gifts, 25 service organization donations, and 20 sponsorships and other gifts during fiscal year ending 6/30/2022.

Who funds Monterey Peninsula Foundation (MPF)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$495,000
Schwab Charitable Fund	2022-06	Public, Societal Benefit	$279,000
PGA Tour	2021-12	General Support	$275,000
...and 27 more grants received totalling $2,188,105

Personnel at MPF

Name	Title	Compensation	Date of data
Steve John	Chief Executive Officer	$337,604	2022-11-15
Morgan Falor	Executive Director / Chief Executive Officer	$204,258	2022-06-30
Jordan Cupps	Director of Finance	$0	2022-06-30
Lesley Varney	Director of Marketing / Director Marketing / Marketing Manager	$158,802	2022-06-30
Mary Gunn	Executive Director , Player Relations / Director Philanthropy / Director of Philanthropy	$113,871	2021-06-30
...and 5 more key personnel

Financials for MPF

Revenues	FYE 06/2022	FYE 06/2021	% Change
Total grants, contributions, etc.	$4,494,523	$2,573,725	74.6%
Program services	$41,133,733	$25,120,237	63.7%
Investment income and dividends	$686,750	$390,420	75.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$20,350	$227,424	-91.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$88,906	$-20,746	528.5%
Total revenues	$46,424,262	$28,291,060	64.1%

Form 990s for MPF

Fiscal year ending	Date received by IRS	Form	PDF link
2021-06	2021-11-15	990	View PDF
2020-06	2021-03-02	990	View PDF
2019-06	2020-01-28	990	View PDF
2018-06	2019-03-15	990	View PDF
2017-06	2018-01-19	990	View PDF
...and 6 more Form 990s

Organizations like MPF

Organization	Type	Location	Revenue
Zurich Classic of New Orleans	501(c)(3)	Avondale, LA	$16,554,167
Charlotte Sports Foundation	501(c)(3)	Charlotte, NC	$23,218,983
United States Olympic Endowment	501(c)(3)	Colorado Springs, CO	$27,799,302
Quad Cities Golf Classic Charitable Foundation	501(c)(3)	East Moline, IL	$12,981,935
The Thunderbirds	501(c)(6)	Phoenix, AZ	$84,390,943
Music City Bowl	501(c)(3)	Nashville, TN	$12,874,390
Chick-fil-A Peach Bowl	501(c)(3)	Atlanta, GA	$45,717,614
Pasadena Tournament of Roses	501(c)(3)	Pasadena, CA	$107,454,325
Gator Boosters	501(c)(3)	Gainesville, FL	$63,786,979
Mountain West Conference	501(c)(3)	Colorado Springs, CO	$79,369,354

Data update history

July 7, 2023

Updated personnel

Identified 1 new personnel

June 28, 2023

Posted financials

Added Form 990 for fiscal year 2021

May 23, 2023

Used new vendors

Identified 1 new vendor, including

May 10, 2023

Received grants

Identified 2 new grant, including a grant for $64,942 from Big Rock Foundation Corporation

July 26, 2022

Received grants

Identified 2 new grant, including a grant for $45,500 from The Reveas Foundation

Nonprofit Types

Sports competitionsSports organizationsCharities

Issues

EducationHuman servicesSports

Characteristics

State / local levelCommunity engagement / volunteeringTax deductible donations

General information

Address: 5 Mandeville CT Ste 101; Monterey, CA 93940
Metro area: Salinas, CA
Website URL: montereypeninsulafoundation.org/
Phone: (831) 649-1533
Facebook page: montereypeninsulafoundation
Twitter profile: @mpcfdn

IRS details

EIN: 94-2541783
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1978
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: N70: Amateur Sports Competitions
NAICS code, primary: 7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status: Independent

Blog articles

Free account sign-up

Want updates when MPF has new information, or want to find more organizations like Monterey Peninsula Foundation (MPF)?

Create free Cause IQ account

Monterey Peninsula Foundation (MPF)

Program areas at MPF

Who funds Monterey Peninsula Foundation (MPF)

Personnel at MPF

Financials for MPF

Form 990s for MPF

Organizations like MPF

Nonprofits

Product

Customers

About