Pebble Beach Company Foundation
Pebble Beach Company Foundation is a public charity based in Pebble Beach, California. Founded in 1975, it supports educational opportunities for Monterey County youth through grants to youth-focused nonprofits and scholarships and financial aid for students.
Pebble Beach Company Foundation at a glance
In short: Pebble Beach Company Foundation gave $1.7M across 74 grants in 2024 (avg $23K), mostly in California. 28% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,708,792
- -39.0% vs 2023
- Grants made (2024)
- 74
- +39.6% vs 2023
- Average grant
- $23,092
- -56.3% vs 2023
- Median grant
- $8,000
- Total assets
- $32,529,794
- +16.3% vs 2023
- New grantees (estimate)
- 28% first-time grantees (21 of 74, 2024)
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Pebble Beach Company Foundation
- How to Apply
-
The Foundation provides an online grant application process. The 2026 grant cycle is closed; applicants are directed to check back in October for the 2027 cycle.
- Review Cycle
- The 2026 grant cycle is closed. The website says to check back in October for the 2027 grant cycle; it does not give a specific deadline.
- Deadline
- The 2026 grant cycle is closed.
- Contact
Mailing address: PO Box 1767, Pebble Beach, CA 93953
Phone: (831) 649-7651
Website: https://pebblebeach.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Pebble Beach Company Foundation
Who Pebble Beach Company Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Rancho Cielo Youth Campus ($293K). Together the top 10 received $1.1M.
Organizations only. It also paid 1 grant to individuals ($8,000), which are not listed by name.
Grant Size Distribution
266 grants across all recorded years
The most common grant size was under $50K: 232 grants of 266 (87%).
Geographic Focus
Where this funder awards grants
The Foundation’s stated grant guidelines exclude organizations located outside Monterey County, and its mission and grantmaking are centered on Monterey County youth. In its 2024 grant data, 97% of grant dollars went to recipients in California, 2% to Kansas, and 1% to Florida.
Grant Distribution by State
Share of 2024 grant dollars across all 74 itemized grants.
States
Cities
Is Pebble Beach Company Foundation open to new grantees?
28%
first-time grantees, 2024
In 2024, 21 of 74 grantees (28%) were first-time recipients. First grants averaged $17K; repeat grants $25K. How we count
Medians: $7K first-time, $9K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $971K (2021) to $2.8M (2023). In 2024 it made 74 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rancho Cielo Youth Campus Salinas, CA | Genral Support | $293,000 |
| Boys & Girls Clubs of Monterey County Seaside, CA | Genral Support | $235,000 |
| Montage Health Foundation Monterey, CA | Genral Support | $130,000 |
| Seneca Family of Agencies Salinas, CA | Genral Support | $110,000 |
| Natividad Foundation Salinas, CA | Genral Support | $102,000 |
| Future Citizens Foundation - First Tee Monterey Cty Salinas, CA | Genral Support | $85,778 |
| United Way Monterey County Salinas, CA | Genral Support | $55,000 |
| Salinas Valley Health Foundation Salinas, CA | Genral Support | $39,500 |
| McPherson College McPherson, KS | Genral Support | $30,000 |
| MY Museum Monterey, CA | Genral Support | $30,000 |
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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 | $32,529,794 | $4,326,826 | $2,155,680 | $1,708,792 | 74 | $848,337 |
| 2023 | $27,960,546 | $5,730,456 | $3,289,176 | $2,802,242 | 53 | $760,605 |
| 2022 | $21,356,796 | $3,546,305 | $1,519,666 | $1,077,068 | 46 | $448,764 |
| 2021 | $23,387,843 | $2,800,276 | $1,360,706 | $970,891 | 49 | $474,998 |
| 2020 | $20,172,899 | $3,761,309 | $2,679,168 | $1,250,500 | 44 | $797,194 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s mission is to provide quality educational opportunities for Monterey County youth. It funds educational programs and awards scholarships and financial aid for Monterey County students from pre-kindergarten to postgraduate levels. Its grant guidelines list early childhood, literacy, music and the arts, youth development, social and emotional support, scholarships and financial aid, physical education and sports, and science and the environment.
The Foundation describes its community grant partners as youth-focused nonprofits. Among its grantees, Boys & Girls Clubs of Monterey County says its mission is to empower local youth to reach their potential; Chartwell School says it serves students with language-based learning differences; and Harmony at Home says it works to end violence and abuse by empowering children and young adults. The Foundation also reports a scholarship program for qualified children of Pebble Beach Company employees.
Grantmaking
In 2024, the Foundation reported 74 grants totaling $1,708,792. Awards ranged from $5,130 to $293,000, with a median of $8,000. The largest listed grants included $293,000 to Rancho Cielo Youth Campus, $235,000 to Boys & Girls Clubs of Monterey County, $130,000 to Montage Health Foundation, $110,000 to Seneca Family of Agencies, and $102,000 to Natividad Foundation. The filing listed each of these grants as general support.
The Foundation’s grant guidelines exclude, among other things, organizations operating for less than three years, organizations located outside Monterey County, private foundations, individuals, political organizations, start-up programs, and academic or scientific research. It typically does not fund capital building projects or expenses such as annual fund appeals, fundraising events, conferences, or travel. Eligible applicants generally need 501(c)(3) status, with exceptions for K–12 schools, universities, and public agencies. Scholarship and financial-aid requests must be reviewed by an impartial committee.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Susan Merfeld as president and director; Mercedes De Luca as vice president and director; Judah Matthews as treasurer and director; and Jean Stivers as secretary and director. It also lists Christine Perocchi, Cindy Zoller, Dan Green, Hubert Allen, John Sawin, and Robert Skinner as directors. The Foundation’s website identifies Kathleen Lee as executive director.
Pebble Beach Company Foundation is led by Susan Merfeld, President & Director on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Susan Merfeld
President & Director
On filings since 2020
30 hrs/week
No compensation reported
Kathleen Lee
Executive Director
New on the 2024 filing
10 hrs/week
No compensation reported
Dan Green
Director
On filings since 2020
5 hrs/week
No compensation reported
Hubert Allen
Director
On filings since 2020
10 hrs/week
No compensation reported
John Sawin
Director
On filings since 2020
10 hrs/week
No compensation reported
Judah Matthews
Treasurer & Director
On filings since 2020
10 hrs/week
No compensation reported
Mercedes De Luca
Vice President & Director
Director → Vice President & Director, 2022
On filings since 2020
10 hrs/week
No compensation reported
Robert Skinner
Director
On filings since 2020
5 hrs/week
No compensation reported
Teddy Balestreri
Director
On filings since 2020
5 hrs/week
No compensation reported
Christine Perocchi
Director
On filings since 2022
5 hrs/week
No compensation reported
Jean Stivers
Secretary & Director
Director → Secretary & Director, 2023
On filings since 2022
10 hrs/week
No compensation reported
Cindy Zoller
Director
On filings since 2023
5 hrs/week
No compensation reported
Former officers (4)
- Former: Maggie Hardy (2020–2022) — Secretary & Director
- Former: Courtney Nantz (2020–2021) — Director
- Former: Mark Verbonich (2020–2021) — Director
- Former: Nanci Perocchi (2020–2021) — Vice President & 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 Pebble Beach Company Foundation
How much does Pebble Beach Company Foundation give each year?
Pebble Beach Company Foundation gave $1.7M across 74 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.8M across 53 grants.
What is Pebble Beach Company Foundation's typical grant size?
Pebble Beach Company Foundation's median grant in 2024 was $8,000, and its average grant was $23,092, across 74 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Pebble Beach Company Foundation that year got $17K on average.
Where does Pebble Beach Company Foundation give grants?
Pebble Beach Company Foundation gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Monterey, CA (23 grants), Salinas, CA (20 grants), Carmel, CA (8 grants) and Seaside, CA (6 grants).
Does Pebble Beach Company Foundation give general operating support?
Not in 2024: none of the 74 grants with a stated purpose on Pebble Beach Company Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Genral Support" (74 grants).
Who are Pebble Beach Company Foundation's largest grantees?
Pebble Beach Company Foundation's largest 2024 grantees include Rancho Cielo Youth Campus ($293,000), Boys & Girls Clubs of Monterey County ($235,000) and Montage Health Foundation ($130,000), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($8,000), which are not listed by name. Together they received 39% of its itemized 2024 grant dollars.
How large is Pebble Beach Company Foundation?
Pebble Beach Company Foundation reported $32.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.3M.
What does Pebble Beach Company Foundation fund?
The Foundation’s mission is to provide quality educational opportunities for Monterey County youth. It funds educational programs and awards scholarships and financial aid for Monterey County students from pre-kindergarten to postgraduate levels. See mission & focus areas ↑
How do I apply for a grant from Pebble Beach Company Foundation?
The Foundation provides an online grant application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pebble Beach Company Foundation's EIN?
Pebble Beach Company Foundation's EIN (Employer Identification Number) is 51-0189888. 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 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Pebble Beach Company Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Pebble Beach Company Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/pebble-beach-company-foundation-morg_7b516c9a53a0456aa38befb4180437a3
BibTeX
@misc{grantable_510189888_2026,
author = {{Grantable}},
title = {{Pebble Beach Company Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pebble-beach-company-foundation-morg_7b516c9a53a0456aa38befb4180437a3},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Pebble Beach Company Foundation'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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