Nonprofit · EIN 94-2541783
MONTEREY PENINSULA FOUNDATION
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,338,570 | $21,396,299 | -$2,057,729 | $50,692,748 | $8,068,314 | $42,624,434 |
| June 30, 2024 | 990 | $21,486,200 | $22,224,410 | -$738,210 | $51,203,201 | $9,653,728 | $41,549,473 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $50,407,760
- Program service revenue
- $0
- Investment income
- $942,377
- Net gain from sales of assets
- $168,530
- Net income from fundraising events
- -$32,011,567
- Other revenue
- -$32,011,567
Expenses
- Grants and similar amounts paid
- $17,535,486
- Compensation of officers, directors and key employees
- $928,535
- Other salaries and wages
- $966,516
- Salaries, compensation and benefits (total)
- $2,711,471
- Professional fundraising fees
- $0
- Occupancy
- $71,637
- Depreciation
- $485,447
- Program services (functional)
- $17,921,065
- Management and general (functional)
- $745,264
- Fundraising (functional)
- $2,729,970
Balance sheet and other
- Total assets, start of year
- $51,203,201
- Total assets, end of year
- $50,692,748
- Total liabilities, end of year
- $8,068,314
- Net assets, end of year
- $42,624,434
- Land, buildings and equipment
- $919,286
- Publicly traded securities
- $12,233,481
- Net assets without donor restrictions
- $42,624,434
- Gross unrelated business income
- $132,921
- Gross receipts
- $59,585,115
- Employees
- 16
- Volunteers
- 2,262
- Year formed
- 1978
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE JOHN | CEO Officer | 40 | $572,813 | $71,200 |
| NANCY ENTERLINE | VP PHILANTHROPY Highest-paid employee | 40 | $249,167 | $74,499 |
| JEANNE KLEINSORG | DIR OF FINANCE, SECRETARY Officer | 40 | $159,575 | $73,040 |
| LILY HANSEN | SENIOR MARKETING MANAGER Highest-paid employee | 40 | $129,135 | $38,337 |
| KATIE HOENES | PLAYER RELATIONS MGR Highest-paid employee | 40 | $112,292 | $48,587 |
| ERIN WAREHAM | SENIOR SPONSORSHIP MGR Highest-paid employee | 40 | $129,135 | $31,021 |
| AMBRY CAPISTRANO | PHILANTHROPY PROGRAM MGR Highest-paid employee | 40 | $108,923 | $45,608 |
| CLINT EASTWOOD | CHAIRMAN (THROUGH 6/26/25) Trustee or director, Officer | 1 | $0 | $0 |
| DOUG MACKENZIE | CHAIRMAN (AS OF 6/26/25) Trustee or director, Officer | 3 | $0 | $0 |
| HEIDI UEBERROTH | VICE CHAIRMAN (AS OF 6/26/25) Trustee or director, Officer | 3 | $0 | $0 |
| MURRAY DEMO | VICE CHAIRMAN (AS OF 6/26/25) Trustee or director | 1 | $0 | $0 |
| DAVID GILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORI LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM PEROCCHI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER UEBERROTH | VICE CHAIRMAN (THROUGH 4/22/25) Trustee or director | 1 | $0 |
| JERRY YANG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE JOHN | CEO Officer | 40 | $546,667 | $71,417 |
| NANCY ENTERLINE | VP PHILANTHROPY Highest-paid employee | 40 | $232,583 | $69,038 |
| LESLEY VARNEY | DIR. OF MARKETING (THRU 8/23) Highest-paid employee | 40 | $160,588 | $54,174 |
| JEANNE KLEINSORG | DIR. OF FINANCE Officer | 40 | $124,288 | $44,892 |
| KATIE HOENES | PLAYER RELATIONS MGR Highest-paid employee | 40 | $106,792 | $44,409 |
| AMBRY CAPISTRANO | PHILANTHROPY PROGRAM MGR Highest-paid employee | 40 | $103,492 | $44,496 |
| ERIN WAREHAM | SENIOR SPONSORSHIP MGR Highest-paid employee | 40 | $107,758 | $29,761 |
| JORDAN CUPPS | DIR. OF FINANCE (THRU 2/23) Officer | 40 | $33,333 | $9,321 |
| CLINT EASTWOOD | CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| PETER UEBERROTH | VICE CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| DOUG MACKENZIE | VICE CHAIRMAN Trustee or director, Officer | 3 | $0 | $0 |
| LORI LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY YANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MURRAY DEMO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM PEROCCHI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEIDI UEBERROTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID GILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5 MANDEVILLE CT, MONTEREY, CA 93940-5745
- Principal officer (990 for 2024)
- STEVE JOHN, 5 MANDEVILLE COURT SUITE 101, MONTEREY, CA 93940
- Signed the 990
- STEVE JOHN, CEO
- Phone
- (831) 649-1533
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2541783 or by the name MONTEREY PENINSULA FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO IMPROVE THE QUALITY OF LIFE IN MONTEREY COUNTY AND SURROUNDING AREAS BY PROVIDING GRANTS TO NONPROFIT ORGANIZATIONS THAT BENEFIT THE COMMUNITY IN THE AREAS OF YOUTH, EDUCATION, HEALTH AND HUMAN SERVICES, ARTS AND CULTURE, AND COMMUNITY AND ENVIRONMENT. THE FOUNDATION GENERATES FUNDS BY ARRANGING AND MANAGING THE ANNUAL GOLF TOURNAMENTS KNOWN AS "THE AT&T PEBBLE BEACH NATIONAL PRO-AMATEUR TOURNAMENT AND "THE PURE INSURANCE CHAMPIONSHIP AT PEBBLE BEACH."
Program accomplishments
- 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 187 GRANTS, 56 TOURNAMENT RELATED GIFTS, 21 SERVICE ORGANIZATION DONATIONS, AND 50 SPONSORSHIPS AND OTHER GIFTS DURING FISCAL YEAR ENDING 6/30/2025.Expenses $17,921,065 · grants $17,535,486
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2541783
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $50,692,748
- Income (IRS master file)
- $59,585,115
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,338,570 | $21,396,299 | $50,692,748 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $21,486,200 | $22,224,410 | $51,203,201 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $44,875,675 | $50,214,969 | $46,862,488 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 94-2541783).
Questions about MONTEREY PENINSULA FOUNDATION
- What is the EIN of MONTEREY PENINSULA FOUNDATION?
- The employer identification number (EIN) of MONTEREY PENINSULA FOUNDATION is 94-2541783.
- Is MONTEREY PENINSULA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to MONTEREY PENINSULA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTEREY PENINSULA FOUNDATION 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 MONTEREY PENINSULA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONTEREY PENINSULA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MONTEREY PENINSULA FOUNDATION?
- The 990 for the year ended June 30, 2025 names STEVE JOHN.
- Who are the officers and directors of MONTEREY PENINSULA FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 7 received compensation from the organization, the highest $572,813 (STEVE JOHN, CEO).
- How much revenue does MONTEREY PENINSULA FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,338,570, expenses of $21,396,299 and total assets of $50,692,748 at year end.
Other nonprofits in MONTEREY
- EDWARD M DOWD FOUNDATION EIN 85-2105615 · last filed 990-PF for 2025
- COMMUNITY FOUNDATION FOR MONTEREY COUNTY EIN 94-1615897 · last filed 990 for 2024
- DARABONT CHARITABLE TRUST EIN 87-3427332 · last filed 990-PF for 2025
- 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
- MAHER FOUNDATION EIN 27-1791842 · last filed 990-PF for 2025
- ELIZABETH HOOK ARMSTRONG FOUNDATION EIN 77-0547321 · last filed 990-PF for 2025
All nonprofits in MONTEREY · California · Philanthropy, voluntarism and grantmaking foundations