Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
17 people listed on the 990; $1.5M paid to officers and key staff.
Steve John’s $573K as CEO is at the 95th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Steve John | $572,813 | $546,667 | $570,937 | $337,604 | $308,542 |
| Nancy Enterline | $249,167 | $232,583 | $220,583 | — | — |
| Morgan Falor | — | — | $127,243 | $204,258 | $163,226 |
| Lesley Varney | — | $160,588 | $198,993 | $158,802 | $144,305 |
| Jeanne Kleinsorg | $159,575 | $124,288 | — | — | — |
| Lily Hansen | $129,135 | — | — | — | — |
| Erin Wareham | $129,135 | $107,758 | — | — | — |
| Mary Gunn | — | — | — | — | $113,871 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Hosts major golf tournaments to generate and distribute charitable grants that improve the quality of life in Monterey County and surrounding communities.
Questions for Monterey Peninsula Foundation
Your first name shows with your question. Monterey Peninsula Foundation answers here, for everyone.
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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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $8.4M | $8.4M |
| InvestmentsLn 11–13 | $37.7M | $39.7M |
| Land, buildings, equipmentLn 10c | $1.4M | $919K |
| Total assetsLn 16 | $51.2M | $50.7M |
| LiabilitiesLn 26 | $9.7M | $8.1M |
| Net assetsLn 32 | $41.5M | $42.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $17.5M | $17.5M | ||
| Pay of current officers, directors and key staffLn 5 | $929K | $297K | $631K | |
| Other salaries and wagesLn 7 | $967K | $173K | $58K | $735K |
| Pension plan contributionsLn 8 | $99K | $14K | $9K | $76K |
| Other employee benefitsLn 9 | $599K | $84K | $67K | $449K |
| Payroll taxesLn 10 | $118K | $12K | $20K | $86K |
| Investment management feesLn 11f | $118K | $118K | ||
| Other fees for servicesLn 11g | $150K | $15K | $25K | $109K |
| Office expensesLn 13 | $162K | $16K | $28K | $118K |
| Information technologyLn 14 | $114K | $11K | $19K | $83K |
| OccupancyLn 16 | $72K | $7K | $12K | $52K |
| Depreciation, depletion and amortizationLn 22 | $485K | $49K | $83K | $354K |
| Other expenses (24a–d)Ln 24 | $49K | $5K | $8K | $36K |
| Total functional expensesLn 25 | $21.4M | $17.9M | $745K | $2.7M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $19.3M | $21.4M | −$2.1M | $42.6M | 990 PDF |
| FY2024 | $21.5M | $22.2M | −$738K | $41.5M | 990 PDF |
| FY2023 | $44.9M | $50.2M | −$5.3M | $39.9M | 990 PDF |
| FY2022 | $46.4M | $44.2M | $2.3M | $43.5M | 990 PDF |
| FY2021 | $28.3M | $27.9M | $352K | $44.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $19,338,570 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 1 to look at
Part VIII · Statement of revenue $19,338,570 across 8 lines filed
Part IX · Statement of functional expenses $21,396,299 across 13 lines filed
Part X · Balance sheet $50,692,748 assets, 17 lines filed
Part XI · Reconciliation of net assets $42,624,434 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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