EIN 26-4732039

Preserve Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2009
Most recent tax filings
2022-12-01
Description
The Preserve Community Foundation's primary mission is to provide funds to support educational scholarships for economically disadvantaged children in Monterey County. Scholarship grants cover tuition and fees, aiming to help families educate their children at educational institutions. The Foundation has provided scholarships based on financial need and granted $109,771. It also has an emergency relief fund that provides financial awards to employees, spouses, and children in cases of serious an emergency.
Total revenues
$196,862
2022
Total expenses
$181,085
2022
Total assets
$1,709,325
2022
Num. employees
0
2022

Program areas at Preserve Community Foundation

Provided scholarships (based on financial need) to help families educate their children at educational institutions - $109,771emergency relief fund:emergency financial awards are granted to employees, their spouses and their children in cases of serious and extraordinary circumstances such as medical emergencies, natural disasters or other unforseen life-changing events. The Foundation will not fund credit card expenses, utility bills and minor car/house repairs, absent exceptional circumstances such as disaster relief or other catastrophic events - $25,150boys & girls club, Community Foundation of monterey county and rancho cielo: general support - each received $10,000

Grants made by Preserve Community Foundation

GranteeGrant descriptionAmount
Scholarship AmericaAssist in Organization's Charitable Purpose$109,771
Rancho CieloGeneral Support$10,000
Boys & Girls Clubs of Monterey CountyGeneral Support$10,000

Who funds Preserve Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Forster Family FoundationGeneral & Unrestricted$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$176,000
Schwab Charitable FundEducation$130,250
...and 13 more grants received

Personnel at Preserve Community Foundation

NameTitleCompensation
Sal GutierrezEmeritus / Chairman of the Board and Director$0
Patricia K EastmanTreasurer
Pat ForesterChairman and Director / Trustee$0
Pat EastmanTreasurer and Director$0
Mary AndersonSecretary and Director$0
...and 1 more key personnel

Financials for Preserve Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$145,589
Program services$0
Investment income and dividends$76,981
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-25,981
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$273
Total revenues$196,862

Form 990s for Preserve Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-16990View PDF
2020-122021-11-12990View PDF
2019-122021-03-01990View PDF
2018-122020-01-27990View PDF
...and 7 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from The Robert and Susan Brown Family Foundation
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 6 new personnel
December 26, 2023
Received grants
Identified 3 new grant, including a grant for $7,000 from American Endowment Foundation
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 222301
Carmel, CA 93922
Metro area
Salinas, CA
County
Monterey County, CA
Phone
(415) 981-2966
IRS details
EIN
26-4732039
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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