Bay Foundation of Morro Bay
To provide leadership in restoring, enhancing, and protecting the marine resources and watersheds of morro bay, estero bay, and the central coast of California.
Bay Foundation of Morro Bay at a glance
- Total assets
- $26,943,958
- +7.9% vs 2024
- Revenue (2025)
- $6,205,280
- +119.6% vs 2024
- Net investment income (2025)
- $4,190,676
- +343.0% vs 2024
- Expenses (2025)
- $2,449,092
- -34.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Bay Foundation of Morro Bay funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $149K (2022) to $1.2M (2024). In 2024 it made 3 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rose Foundation Oakland, CA | Contracted with the rose foundation to administer/manage a small grants program | $1,200,000 |
| Community Project Support - Baywood Elementary School Water Education Progr San Luis Obispo, CA | Community project supporting baywood elementary school water education program. | $20,000 |
| Community Project Support - Guides for State Park Events Sacramento, CA | Community project supporting printing costs for discover mpas activity guides for distribution at state park events | $15,024 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $26,943,958 | $6,205,280 | $2,449,092 | — | — | $4,190,676 |
| 2024 | $24,962,697 | $2,825,145 | $3,748,878 | $1,235,024 | 3 | $945,926 |
| 2023 | $23,067,560 | $2,345,304 | $1,781,939 | — | — | $804,610 |
| 2022 | $21,069,078 | $2,833,360 | $2,283,896 | $148,500 | 1 | $1,014,889 |
| 2021 | $24,225,454 | $7,958,016 | $1,659,171 | — | — | $965,084 |
| 2020 | $16,197,027 | $1,420,953 | $1,809,912 | — | — | $414,727 |
| 2019 | $16,542,388 | $2,561,609 | $2,677,556 | — | — | $700,387 |
About Bay Foundation of Morro Bay
Based on IRS filings
Bay Foundation of Morro Bay is a public charity, based in Morro Bay, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $26.9M in total assets. Net investment income was $4.2M.
Leadership & Key People
Officers and directors from IRS filings
Bay Foundation of Morro Bay is led by Melodie Grubbs, Executive Director on every filing since 2022; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Melodie Grubbs
Executive Director
On filings since 2022
40 hrs/week
$87K (2023) → $109K (2025)
William Henry
President
On filings since 2019
1 hr/week
No compensation reported
Deanna Richards
Director
On filings since 2019
1 hr/week
No compensation reported
Sally Krenn
Director
On filings since 2019
1 hr/week
No compensation reported
Shaunna Sullivan
Director
On filings since 2019
1 hr/week
No compensation reported
Tom Edell
Director -
Director → Director -, 2025
On filings since 2019
1 hr/week
No compensation reported
Ron Munds
Director
On filings since 2023
1 hr/week
No compensation reported
Kyle Nessen
Director
New on the 2025 filing
1 hr/week
No compensation reported
Gary Ruggerone
Secretary
On filings since 2019
1 hr/week
No compensation reported
Jason Curtis
Vice President
On filings since 2019
1 hr/week
No compensation reported
Leonard Moothart
Treasurer
Director → Treasurer, 2023
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Kris Vardas (2019–2022) — Treasurer
- Former: Lexie Bell (2019–2022) — Executive Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $109K, to Melodie Grubbs (Executive Director).
Frequently asked questions about Bay Foundation of Morro Bay
How large is Bay Foundation of Morro Bay?
Bay Foundation of Morro Bay reported $26.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.2M.
Where does Bay Foundation of Morro Bay operate?
Bay Foundation of Morro Bay has awarded grants in California.
What is Bay Foundation of Morro Bay's EIN?
Bay Foundation of Morro Bay's EIN (Employer Identification Number) is 77-0215847. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS July 31, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 12, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bay Foundation of Morro Bay's focus areas in our free grants database
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