Laguna Seca Raceway Foundation

Public charity · Grantmaker Monterey, CA EIN: 75-3088903

Laguna Seca Raceway Foundation raises funds for capital improvements at the laguna seca recreational area to help improve the overall participant and spectator experience for the benefit of the entire community of Monterey county.

Key facts about Laguna Seca Raceway Foundation

In short: Laguna Seca Raceway Foundation gave $500K across 1 grant in 2025 (avg $500K), mostly in California. Source: 2025 IRS Form 990.

EIN
75-3088903
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$500,000
Grants made (2025)
1
Average grant
$500,000
Median grant
$500,000
Total assets
$230,950
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$231K

-68.0% YoY

Annual Giving

$500K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$500K

+0.0% YoY

About Laguna Seca Raceway Foundation

Based on IRS filings

Laguna Seca Raceway Foundation is a public charity focused on Recreation & Sports, based in Monterey, CA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $231K in total assets. In 2025, it awarded 1 grant totaling $500K. Net investment income was $19K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

SalinasGrover Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants20221 grants20231 grants20241 grants2025

From 2023 to 2025, annual grant giving ranged from $26K (2023) to $500K (2025). In 2025 it made 1 grant totaling $500K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Friends of Laguna Seca: $500KFriends of Laguna Seca$500K

The largest 2025 recipient was Friends of Laguna Seca ($500K).

Grant Size Distribution

3 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Friends of Laguna Seca Salinas, CACapital Improvement Projects$500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2022202320242025
Metric202520242023
Total Assets$230,950$721,164$500,278
Revenue$21,602$725,611$87,780
Expenses$515,093$515,147$33,682
Net Investment Income$18,702$14,378$6,432

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  2. Added Form 990 for fiscal year 2025 (received by the IRS August 19, 2026)
  3. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Laguna Seca Raceway Foundation is led by Arthur Cook, President since 2024 (on filings since 2022); none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Arthur Cook

    President

    Secretary → President, 2024

    On filings since 2022

    2.5 hrs/week

    No compensation reported

  • Richard Renard

    Executive Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Carl Anderson

    Director

    Member → Director, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Gordon McCall

    Director

    Member → Director, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Paul Pfanner

    Director

    Member → Director, 2023

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Jon Norman

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Scott Atherton

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Carl Moore

    Vice President

    Director → Vice President, 2024

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Mary Schley

    Secretary

    Director → Secretary, 2024

    On filings since 2023

    0.4 hrs/week

    No compensation reported

Former officers (6)
  • Former: Steve Fields (2022–2025) — Treasurer · Filing note: Resigned MID-2025
  • Former: Martin Lauber (2022–2023) — Director
  • Former: Ned Spieker (2022–2023) — Vice President
  • Former: Ross Merrill (2022–2023) — President
  • Former: Danny Sullivan (2022) — Director Emeritus
  • Former: Kenneth Schley (2022) — Director

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Laguna Seca Raceway Foundation

How much does Laguna Seca Raceway Foundation give each year?

Laguna Seca Raceway Foundation gave $500K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $500K across 1 grant.

How large is Laguna Seca Raceway Foundation?

Laguna Seca Raceway Foundation reported $231K in total assets on its 2025 IRS Form 990. Its revenue that year was $22K.

What is Laguna Seca Raceway Foundation?

Laguna Seca Raceway Foundation is a public charity focused on Recreation & Sports, based in Monterey, CA. It holds $231K in total assets as of 2025.

Where does Laguna Seca Raceway Foundation operate?

Laguna Seca Raceway Foundation has awarded grants in California.

What is Laguna Seca Raceway Foundation's EIN?

Laguna Seca Raceway Foundation's EIN (Employer Identification Number) is 75-3088903. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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