Community Foundation For Monterey County

Organization Overview

Community Foundation For Monterey County is located in Monterey, CA. The organization was established in 1966. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Community Foundation For Monterey County employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Community Foundation For Monterey County generated $36.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $22.9m during the year ending 12/2019. While expenses have increased by 12.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE PHILANTHROPY AND BE A CATALYST FOR STRENGTHENING COMMUNITIES THROUGHOUT MONTEREY COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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 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. THESE GRANTS ARE MADE THROUGH A VARIETY OF FUND TYPES, INCLUDING DONOR ADVISED, SCHOLARSHIP, DESIGNATED, FIELD OF INTEREST AND UNRESTRICTED.


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 2019, 163 ORGANIZATIONS PARTICIPATED TO RAISE A TOTAL OF $5.4 MILLION. MC GIVES! HAS NOW RAISED AND CONTRIBUTED OVER $27 MILLION DOLLARS SINCE ITS INCEPTION TEN YEARS AGO.


SCHOLARSHIPS: THE COMMUNITY FOUNDATION FOR MONTEREY COUNTY (CFMC) HOLDS AND ADMINISTERS MORE THAN 50 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.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Baldwin
President & CEO
$290,000
Christine Dawson
VP Of Philanthropy
$128,765
Laurel Lee-Alexander
VP Of Grants
$128,380
Diane Nonella
Vpfinance & Hr
$127,780
Teri Belli
Vice Chair
$0
Birt Johnson Jr
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$51,453
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$29,786,686
Noncash contributions included in lines 1a–1f $7,268,791
Total Revenue from Contributions, Gifts, Grants & Similar$29,838,139
Total Program Service Revenue$363,809
Investment income $7,287,024
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,374,252
Net Income from Fundraising Events -$29,934
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,184,059

Grants Awarded

Over the last fiscal year, Community Foundation For Monterey County has awarded $14,237,338 in support to 268 organizations.

Grant RecipientAmount

PG PUBLIC LIBRARY FOUNDATION

Org PageRecipient Profile

Pacific Grove, CA

PURPOSE: GENERAL SUPPORT

$583,974

FRIENDS OF LAGUNA SECA

PURPOSE: GENERAL SUPPORT

$420,346

COAST PROPERTY OWNERS ASSC

Org PageRecipient Profile

Big Sur, CA

PURPOSE: DISASTER RELIEF

$383,925

BIG SUR LAND TRUST

Org PageRecipient Profile

Monterey, CA

PURPOSE: MC GIVES / GENERAL SUPPORT

$277,456

MONTEREY MUSEUM OF ART

Org PageRecipient Profile

Monterey, CA

PURPOSE: MC GIVES / GENERAL SUPPORT

$259,352

GATHERING FOR WOMEN -MONTEREY

Org PageRecipient Profile

Monterey, CA

PURPOSE: MC GIVES / GENERAL SUPPORT

$254,009
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Community Foundation For Monterey County has recieved totaling $606,905.

Awarding OrganizationAmount
League Of California Community Foundations

Sonora, CA

PURPOSE: DISASTER RELIEF, RECOVERY AND RESILIENCE & SUPPORT IMPACTS OF COVID-19

$194,335
League Of California Community Foundations

Sonora, CA

PURPOSE: DISASTER RELIEF, RECOVERY AND RESILIENCE & SUPPORT IMPACTS OF COVID-19

$194,335
Joel And Dena Gambord Charitable Foundation

Pebble Beach, CA

PURPOSE: MISSION TO DEVELOP PROFESSIONAL NURSES IN THE MONTEREY BAY AREA. THE SCHOLARSHIP ACHIEVES THIS MISSION BY SUPPORTING NURSING STUDENTS IN THE CALIFORNIA STATE UNIVERSITY AT MONTEREY BAYS BACHELORS OF SCIENCE IN NURSING (BSN) PROGRAM.

$133,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$23,230
Nancy Buck Ransom Foundation

Monterey, CA

PURPOSE: COVID-19 RELIEF FOR YOUTH PROGRAMS

$20,000
Frederick O Watson Foundation

Minneapolis, MN

PURPOSE: UNRESTRICTED CONTRIBUTIION FOR GENERAL PURPOSE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$141,189,002
Earnings$21,474,204
Admin Expense$2,226,098
Net Contributions$7,644,516
Other Expense$1,359,401
Grants$5,125,665
Ending Balance$161,596,558

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