Nonprofit · EIN 94-1615897
COMMUNITY FOUNDATION FOR MONTEREY COUNTY
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $122,683,888 | $72,355,257 | $50,328,631 | $420,197,115 | $87,287,420 | $332,909,695 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100,422,140
- of which government grants
- $2,920,366
- Program service revenue
- $602,053
- Investment income
- $21,450,553
- Net rental income
- $148,480
- Net gain from sales of assets
- $8,760,289
- Net income from fundraising events
- -$2,254
- Other revenue
- $209,142
Expenses
- Grants and similar amounts paid
- $66,143,193
- Compensation of officers, directors and key employees
- $904,398
- Other salaries and wages
- $2,137,010
- Salaries, compensation and benefits (total)
- $3,874,958
- Professional fundraising fees
- $0
- Legal fees
- $23,421
- Accounting fees
- $41,854
- Occupancy
- $200,354
- Depreciation
- $201,043
- Program services (functional)
- $68,618,131
- Management and general (functional)
- $2,614,133
- Fundraising (functional)
- $1,122,993
Balance sheet and other
- Total assets, start of year
- $380,129,927
- Total assets, end of year
- $420,197,115
- Total liabilities, end of year
- $87,287,420
- Net assets, end of year
- $332,909,695
- Land, buildings and equipment
- $1,735,623
- Publicly traded securities
- $308,779,219
- Net assets without donor restrictions
- $96,569,024
- Net assets with donor restrictions
- $236,340,671
- Gross unrelated business income
- $148,480
- Gross receipts
- $145,889,368
- Employees
- 31
- Volunteers
- 40
- Year formed
- 1945
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANIEL BALDWIN | President & CEO Officer | 40 | $384,980 | $57,016 |
| CHRISTINE DAWSON | SR. VP PHILANTHROPIC SERVICES | 40 | $206,749 | $33,209 |
| KIM DRABNER | VP FINANCE & HR Officer | 40 | $186,159 | $36,284 |
| LAUREL LEE-ALEXANDER | VP OF GRANTS | 40 | $149,630 | $36,768 |
| DANIEL FAITH | DIR OF FINANCE | 40 | $131,163 | $22,435 |
| JANET SHING | DIR OF GRANTMAKING | 40 | $120,952 | $26,992 |
| AMANDA HOLDER | DIR OF COMMN | 40 | $108,563 | $32,392 |
| MARIA HAUMAN | DIR OF OPERATIONS | 40 | $115,518 | $10,063 |
| KIRK GAFILL | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELSA MENDOZA JIMENEZ | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KATHLEEN LEE | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| JESSE LOPEZ | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| ROLANDO CABRERA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT CULLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROMERO JALOMO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIANA MELGOZA | BOARD MEMBER Trustee or director | 2 | $0 |
| MARY CLAYPOOL | BOARD MEMBER Trustee or director | 2 | $0 |
| DENEEN GUSS | BOARD MEMBER Trustee or director | 2 | $0 |
| GIFF LEHMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| RENE MENDEZ | BOARD MEMBER Trustee or director | 2 | $0 |
| LARRY ODA | BOARD MEMBER Trustee or director | 2 | $0 |
| JOE PEZZINI | BOARD MEMBER Trustee or director | 2 | $0 |
| TYLLER WILLIAMSON | BOARD MEMBER Trustee or director | 2 | $0 |
| JULIE ROTH | BOARD MEMBER Trustee or director | 2 | $0 |
| COLBY PEREIRA | BOARD MEMBER Trustee or director | 2 | $0 |
| FRANCINE RODD | BOARD MEMBER Trustee or director | 2 | $0 |
| JENNIFER WALKER | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2354 GARDEN RD, MONTEREY, CA 93940-5326
- Principal officer (990 for 2024)
- DANIEL BALDWIN, 2354 GARDEN ROAD, MONTEREY, CA 93940
- Signed the 990
- DANIEL BALDWIN, President & CEO
- Phone
- (831) 375-9712
- Return prepared by
- Hutchinson and Bloodgood LLP
Mission
TO INSPIRE PHILANTHROPY AND BE A CATALYST FOR STRENGTHENING COMMUNITIES THROUGHOUT MONTEREY COUNTY.
Program accomplishments
- 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.Expenses $54,383,997 · grants $53,159,516 · revenue $602,053
- 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 2024, 206 ORGANIZATIONS PARTICIPATED TO RAISE A TOTAL OF $14.3 MILLION. MC GIVES! HAS NOW RAISED AND CONTRIBUTED OVER $82.4 MILLION DOLLARS SINCE ITS INCEPTION FIFTEEN YEARS AGO.Expenses $12,086,802 · grants $11,632,493
- SCHOLARSHIPS: THE COMMUNITY FOUNDATION FOR MONTEREY COUNTY (CFMC) HOLDS AND ADMINISTERS MORE THAN 95 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.Expenses $1,479,094 · grants $1,266,064
- ALL OTHER PROGRAMSSEE WWW.CFMCO.ORG FOR ALL OTHER PROGRAMS.Expenses $580,826 · grants $41,000
- THE COMMUNITY FOUNDATIONS CENTER FOR NONPROFIT EXCELLENCE (CNE) WORKS WITH NONPROFIT STAFF, BOARD AND VOLUNTEERS TO IMPROVE THE CAPACITY OF THE NONPROFIT SECTOR THROUGH TRAINING, WORKSHOPS, CONSULTING AND PROGRAMS. PROGRAMS FOCUS ON THE SPECIFIC NEEDS OF NONPROFITS, SUCH AS: NONPROFIT GOVERNANCE, DONOR DEVELOPMENT AND CURRENT ISSUES SUCH AS EXECUTIVE TRANSITIONS AND LEVERAGING ARTIFICIAL INTELLIGENCE. THE CNE ALSO CONDUCTS LEAD (LEADERSHIP EDUCATION AND DEVELOPMENT), A PROFESSIONAL DEVELOPMENT INSTITUTE FOR NONPROFIT MANAGERS TO INCREASE LEADERSHIP CAPACITY AND PROFESSIONAL DEVELOPMENT. TO DATE, IT HAS OVER 200 ALUMNI FROM MONTEREY, SANTA CRUZ, AND SAN BENITO COUNTIES. LEAD PARTICIPANTS ENGAGE WITH HIGH-QUALITY LEADERSHIP AND MANAGEMENT TRAINING, PERSONALIZED COACHING, AND THE DEVELOPMENT OF A STRONG PEER AND ALUMNI NETWORK. IN 2024, CNES EFFORTS REACHED 200 ORGANIZATIONS OVERALL.Expenses $87,412 · grants $44,120
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1615897
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $420,197,115
- Income (IRS master file)
- $145,889,368
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $85,155,926 | $44,822,447 | $380,129,927 | IRS |
| 990 | December 2022 | $48,920,781 | $36,674,242 | $331,962,053 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about COMMUNITY FOUNDATION FOR MONTEREY COUNTY
- What is the EIN of COMMUNITY FOUNDATION FOR MONTEREY COUNTY?
- The employer identification number (EIN) of COMMUNITY FOUNDATION FOR MONTEREY COUNTY is 94-1615897.
- Is COMMUNITY FOUNDATION FOR MONTEREY COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to COMMUNITY FOUNDATION FOR MONTEREY COUNTY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION FOR MONTEREY COUNTY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY FOUNDATION FOR MONTEREY COUNTY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION FOR MONTEREY COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FOUNDATION FOR MONTEREY COUNTY?
- The 990 for the year ended December 31, 2024 names DANIEL BALDWIN.
- Who are the officers and directors of COMMUNITY FOUNDATION FOR MONTEREY COUNTY?
- The 990 for the year ended December 31, 2024 lists 27 people; 8 received compensation from the organization, the highest $384,980 (DANIEL BALDWIN, President & CEO).
- How much revenue does COMMUNITY FOUNDATION FOR MONTEREY COUNTY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $122,683,888, expenses of $72,355,257 and total assets of $420,197,115 at year end.
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- LIVING BREATH FOUNDATION EIN 26-2725465 · last filed 990 for 2025
- MONTEREY COUNT BENEVOLENT FOUNDATION EIN 77-0576645 · last filed 990 for 2025
- MONTEREY COLLEGIATE FOUNDATION EIN 20-1790250 · last filed 990 for 2025
- SAND DOLLAR CHARITABLE FOUNDATION EIN 45-0676151 · last filed 990-EZ for 2025
- MONTEREY PENINSULA COMMUNITY THEATRE COMPANY CHARITABLE TR EIN 77-0498258 · last filed 990 for 2025
- SABU SHAKE SR MEMORIAL FOUNDATION EIN 82-4765764 · last filed 990 for 2024
- MONTEREY BAY OFFICERS SPOUSES CLUB INC EIN 45-4527109 · last filed 990-EZ for 2026
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