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EIN 94-2541783

Monterey Peninsula Foundation (MPF)

IRS 501(c) type
501(c)(3)
Num. employees
20
City
Monterey
State
California
Year formed
1978
Most recent tax filings
2023-06-01
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
$44,875,675
2023
Total expenses
$50,214,969
2023
Total assets
$46,862,488
2023
Num. employees
20
2023

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 206 grants, 47 tournament related gifts, 29 service organization donations, and 35 sponsorships and other gifts during fiscal year ending 6/30/2023.

Grants made by MPF

GranteeGrant descriptionAmount
Housing MattersOperating Support$1,317,566
Community Foundation for Monterey CountyOperating Support$1,005,000
The First Tee of MontereyOperating Support$614,144
...and 197 more grants made totalling $16,982,910

Who funds Monterey Peninsula Foundation (MPF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Xie FoundationGeneral Purpose.$1,916,340
Schwab Charitable FundPublic, Societal Benefit$620,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$504,500
...and 23 more grants received totalling $4,570,190

Personnel at MPF

NameTitleCompensation
Steve JohnChief Executive Officer$570,937
Nancy EnterlineVice President Philanthropy$220,583
Morgan FalorFormer Executive Director / Executive Director / Chief Executive Officer$204,258
Jeanne KleinsorgDirector of Finance$0
Lesley VarneyDirector of Marketing / Director Marketing / Marketing Manager$198,993
...and 4 more key personnel

Financials for MPF

RevenuesFYE 06/2023
Total grants, contributions, etc.$19,135,378
Program services$25,962,907
Investment income and dividends$359,353
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-581,963
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$44,875,675

Form 990s for MPF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062022-11-15990View PDF
2021-062021-11-15990View PDF
2020-062021-03-02990View PDF
2019-062020-01-28990View PDF
...and 8 more Form 990s

Organizations like MPF

OrganizationLocationRevenue
Quad Cities Golf Classic Charitable FoundationEast Moline, IL$26,610,386
Zurich Classic of New OrleansAvondale, LA$17,405,479
Charlotte Sports FoundationCharlotte, NC$18,481,910
Allstate Sugar BowlNew Orleans, LA$35,105,912
TrackTown USAEugene, OR$55,666,082
United States Ski and Snowboard Team FoundationPark City, UT$19,018,802
Maccabi USAPhiladelphia, PA$14,101,465
Comite Olimpico De Puerto RicoSan Juan, PR$11,245,976
The ThunderbirdsPhoenix, AZ$110,857,418
Century Club CharitiesRidgeland, MS$12,341,009
Data update history
September 21, 2024
Received grants
Identified 5 new grant, including a grant for $50,000 from H&H Evergreen Foundation
July 20, 2024
Updated personnel
Identified 2 new personnel
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $1,916,340 from Xie Foundation
Nonprofit Types
Grantmaking organizationsSports competitionsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Provides grantsState / local levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
5 Mandeville CT Suite 101
Monterey, CA 93940
Metro area
Salinas, CA
County
Monterey County, 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
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
045197
FTB Entity ID
0878399
AB 488 data last updated ("as-of") date
2024-10-16
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