Monterra Community Fund
Monterra Community Fund is a public charity based in an individual recipient, California, created by Monterra Credit Union to support financial wellness and community well-being. It supports efforts related to basic needs, financial education, student assistance, small-business stability, childcare-provider stability, and emergency relief.
Monterra Community Fund at a glance
In short: Monterra Community Fund gave $17K across 1 grant in 2024 (avg $17K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $17,000
- -95.2% vs 2023
- Grants made (2024)
- 1
- -97.1% vs 2023
- Average grant
- $17,000
- +69.0% vs 2023
- Median grant
- $17,000
- Total assets
- $411,488
- -18.8% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Monterra Community Fund
- Contact
Mailing address: 350 Convention Way, Redwood City, CA 94063
Phone: (650) 363-1725
Website: https://monterracommunityfund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Monterra Community Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Thrive Alliance ($17K).
Grant Size Distribution
1,487 grants across all recorded years
The most common grant size was under $50K: 1,384 grants of 1,487 (93%).
Geographic Focus
Where this funder awards grants
The fund’s 2024 filing describes grants to nonprofit organizations and scholarships to students within an individual recipient County. Its website also describes food-access and basic-needs support across an individual recipient and Santa Clara counties. The fund’s only itemized 2024 grant went to a recipient in California.
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Monterra Community Fund gives
- Giving fell 100% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $17K (2024) to $10.1M (2022). In 2024 it made 1 grant totaling $17K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Thrive Alliance Redwood City, CA | To provide assistance to nonprofits located in san Mateo county | $17,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $411,488 | $10,510 | $75,551 | $17,000 | 1 | $282 |
| 2023 | $506,529 | $640,273 | $831,694 | $352,000 | 35 | $1,072 |
| 2022 | $1,552,950 | $12,185,125 | $12,090,546 | $10,067,174 | 272 | $1,316 |
| 2021 | $1,513,371 | $6,964,137 | $7,768,318 | $6,734,478 | 480 | $1,878 |
| 2020 | $1,426,828 | $11,096,778 | $10,719,279 | $9,386,787 | 699 | $187 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is to support Monterra Credit Union’s commitment to financial wellness in the community. Its website describes support for food access and basic needs, emergency assistance for students, financial wellness and literacy programs, local small businesses facing economic challenges, childcare-provider stability, and community emergency relief.
The fund reported providing grants to nonprofit organizations and scholarships to students in an individual recipient County during 2024. Its 2024 grant recipient, Thrive Alliance, says its mission is “to cultivate, amplify and advocate for a thriving nonprofit sector in an individual recipient County.”
Grantmaking
In 2024, the fund reported one itemized grant totaling $17,000. The recipient was Thrive Alliance in an individual recipient, California; the stated purpose was to provide assistance to nonprofits located in an individual recipient County.
The fund also described administering financial-assistance grant programs in collaboration with an individual recipient County, alongside other contributions to nonprofits and individuals in the county. Applications are submitted online, and the county determines eligibility for most grants. The fund reviews eligible applications supplied by the county, along with recommended grant amounts, for assessment. Approved grant funds are disbursed by check and are unrestricted once expended; the fund says they are not monitored.
Leadership & Key People
Leadership team and compensation from IRS filings
The officers and directors listed on the fund’s 2024 filing were Wade Painter, president; Valerie Alsip, director; David Diamond, CFO and treasurer; and Suzanne Knowlton, secretary.
Monterra Community Fund is led by Wade Painter, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Wade Painter
President
On filings since 2020
1 hr/week
No compensation reported
Valerie Alsip
Director
Secretary → Secretary & Director, 2021
Secretary & Director → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
David Diamond
CFO & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Suzanne Knowlton
Secretary
Board Member → Director & Secretary, 2021
Director & Secretary → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Jennifer Wilkinson (2020–2021) — Director
- Former: Michele Enriquez-Da Silva (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Monterra Community Fund
How much does Monterra Community Fund give each year?
Monterra Community Fund gave $17K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $352K across 35 grants.
How large is Monterra Community Fund?
Monterra Community Fund reported $411K in total assets on its 2024 IRS Form 990. Its revenue that year was $11K.
What does Monterra Community Fund fund?
The fund’s stated mission is to support Monterra Credit Union’s commitment to financial wellness in the community. See mission & focus areas ↑
How do I apply for a grant from Monterra Community Fund?
Monterra Community Fund has no public application process in the sources Grantable reviewed. Check monterracommunityfund.org for current guidelines, or contact the foundation directly before submitting a request.
Where does Monterra Community Fund make grants?
The fund’s 2024 filing describes grants to nonprofit organizations and scholarships to students within an individual recipient County. Its website also describes food-access and basic-needs support across an individual recipient and Santa Clara counties. The fund’s only itemized 2024 grant went to a recipient in California.
What is Monterra Community Fund's EIN?
Monterra Community Fund's EIN (Employer Identification Number) is 85-0663372. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Monterra Community Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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