EIN 94-1615897

Community Foundation for Monterey County

IRS 501(c) type
501(c)(3)
Num. employees
29
Year formed
1945
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Community Foundation for Monterey County is a catalyst for strengthening communities throughout Monterey County through inspiring philanthropy and providing grant programs to a wide range of nonprofit and community organizations. It has a special project called 'mc gives!' which was created to support the local nonprofit community with an annual year-end giving campaign held in Monterey, CA.
Total revenues
$48,920,781
2022
Total expenses
$36,674,242
2022
Total assets
$331,962,053
2022
Num. employees
29
2022

Program areas at Community Foundation for Monterey County

Grant programs - as the largest grantmaking Foundation in Monterey County, the Community Foundation provides funding and technical assistance support to a wide-range of nonprofit and Community organizations providing needed services in the program areas of arts and culture, children and youth development, Community development, health and human services, animal welfare and the environment. The Community Foundation also provides leadership with scholarship programs and Community initiatives, including the covid-19 collaborative and the salinas inclusive economic development initiative. These grants are made through a variety of fund types, including donor advised, scholarship, designated, field of interest and unrestricted.
Scholarships: the Community Foundation for Monterey County (cfmc) holds and administers more than 60 scholarship funds that create greater access to higher education for deserving local students. Scholarships help students realize their potential and growing the number of students who earn college degrees makes a brighter future for us all.
Monterey County gives! (mc gives! ): mc gives! Is a special project of the Monterey County weekly, the Community Foundation for Monterey County and the Monterey peninsula Foundation and was created to support the local nonprofit Community with an annual year-end giving campaign. In 2022, 201 organizations participated to raise a total of $11.1 million. Mc gives! Has now raised and contributed over $56 million dollars since its inception thirteen years ago.

Who funds Community Foundation for Monterey County

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$2,423,717
Monterey Peninsula Foundation (MPF)Operating Support$1,005,000
The Haynes Charitable FoundationCharity$1,000,000
...and 52 more grants received totalling $7,648,203

Personnel at Community Foundation for Monterey County

NameTitleCompensation
Dan BaldwinPresident and CEO
Daniel BaldwinPresident and Chief Executive Officer$350,412
Kim DrabnerVice President of Finance and Human Resources$165,900
Laurel Lee-AlexanderVice President of Community Impact$137,701
Christine Dawson, CfreSenior Vice President Philanthropic Services$184,598
...and 16 more key personnel

Financials for Community Foundation for Monterey County

RevenuesFYE 12/2022
Total grants, contributions, etc.$38,863,722
Program services$471,183
Investment income and dividends$8,771,478
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$471,000
Net income from fundraising events$-1,699
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$345,097
Total revenues$48,920,781

Form 990s for Community Foundation for Monterey County

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-18990View PDF
2021-122022-09-12990View PDF
2020-122021-07-21990View PDF
2019-122020-12-30990View PDF
2018-122019-09-13990View PDF
...and 9 more Form 990s

Organizations like Community Foundation for Monterey County

OrganizationLocationRevenue
East Tennessee Foundation (ETF)Knoxville, TN$25,934,976
The Boston Foundation (TBF)Boston, MA$161,296,905
San Antonio Area FoundationSan Antonio, TX$68,911,493
Saint Paul and Minnesota FoundationSaint Paul, MN$114,417,024
Paso del Norte Community FoundationEl Paso, TX$25,485,279
Arizona Community FoundationPhoenix, AZ$122,702,351
The Cleveland FoundationCleveland, OH$234,720,202
Madison Community FoundationMadison, WI$36,932,800
The Pittsburgh FoundationPittsburgh, PA$91,513,611
Seattle FoundationSeattle, WA$159,592,537
Data update history
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 24, 2024
Used new vendors
Identified 2 new vendors, including , and
July 17, 2024
Received grants
Identified 16 new grant, including a grant for $1,005,000 from Monterey Peninsula Foundation (MPF)
May 17, 2024
Received grants
Identified 17 new grant, including a grant for $500,000 from David and Lucile Packard Foundation
November 7, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
2354 Garden Rd
Monterey, CA 93940
Metro area
Salinas, CA
County
Monterey County, CA
Website URL
cfmco.org/ 
Phone
(831) 375-9712
Facebook page
cfmco 
Twitter profile
@cfmco 
IRS details
EIN
94-1615897
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1945
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
002360
FTB Entity ID
0197714
AB 488 data last updated ("as-of") date
2024-10-16
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