EIN 94-1615897

Community Foundation for Monterey County

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
1945
Most recent tax filings
2023-12-01
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
$85,155,926
2023
Total expenses
$44,822,447
2023
Total assets
$380,129,927
2023
Num. employees
30
2023

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. These grants are made through a variety of fund types, including donor advised, scholarship, designated, field of interest and unrestricted. The Community Foundation also provides leadership with scholarship programs and Community initiatives, including the salinas inclusive economic development initiative.
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 2023, 208 organizations participated to raise a total of $11.9 million. Mc gives! Has now raised and contributed over $68.1 million dollars since its inception fourteen 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 54 more grants received totalling $7,729,166

Personnel at Community Foundation for Monterey County

NameTitleCompensation
Dan BaldwinPresident and Chief Executive Officer
Kim DrabnerVice President of Finance and Human Resources$174,163
Laurel Lee-AlexanderVice President of Community Impact$125,655
Christine DawsonSenior Vice President , Philanthropic Services$193,677
Maria Nicora HaumanDirector of Operations
...and 15 more key personnel

Financials for Community Foundation for Monterey County

RevenuesFYE 12/2023
Total grants, contributions, etc.$57,495,030
Program services$522,119
Investment income and dividends$9,568,204
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$17,509,295
Net income from fundraising events$-50,610
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$111,888
Total revenues$85,155,926

Form 990s for Community Foundation for Monterey County

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-27990View PDF
2022-122023-09-18990View PDF
2021-122022-09-12990View PDF
2020-122021-07-21990View PDF
2019-122020-12-30990View PDF
...and 10 more Form 990s
Data update history
October 21, 2024
Updated personnel
Identified 4 new personnel
October 20, 2024
Received grants
Identified 7 new grant, including a grant for $100,000 from The Tanimura Family Foundation
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)
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsState / local levelEndowed 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
FTB status revoked
Not revoked
AG Registration Number
002360
FTB Entity ID
0197714
AB 488 data last updated ("as-of") date
2024-11-20
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