COMMUNITY FOUNDATION FOR MONTEREY COUNTY

MONTEREY, CA, 93940-5326 (831) 375-9712 Est. 1945 EIN 94-1615897
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
www.cfmco.org

Mission

TO INSPIRE PHILANTHROPY AND BE A CATALYST FOR STRENGTHENING COMMUNITIES THROUGHOUT MONTEREY COUNTY.

Giving Portfolio

Total Grants
7
Total Giving
$231.5M
Recipients
7
Years Active
2018 - 2024
Avg grant: $33,076,572 Median: $29,888,380

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$64.8M $64.8M01
20231$39.8M $39.8M01
20221$29.9M $29.9M01
20211$35.1M $35.1M01
20201$25.8M $25.8M01
20191$18.2M $18.2M01
20181$18.0M $18.0M10

Top States

California
7

Top Grantees

DETAILED SCHEDULE ATTACHED
CA - 7 grants
$231.5M

Grants Awarded · 7 grants

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Financials

Total Revenue
$122,683,888
Total Expenses
$72,355,257
Net Assets
$332,909,695
31 employees 40 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 44.1%
Expenses ↑ 61.4%
Revenue Sources
Contributions 81.9% Earned revenue 0.5% Investment 17.5%
Expense Breakdown
Program 94.8% Management 3.6% Fundraising 1.6%

Officers & Trustees (27)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$122,683,888 $72,355,257$332,909,695
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$85,155,926 $44,822,447$298,014,742
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$48,920,781 $36,674,242$256,939,077
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$55,697,801 $41,448,394$303,210,221
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$59,371,913 $31,836,881$271,929,112
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$36,184,059 $22,864,391$230,383,948
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$27,625,427 $22,513,928$198,371,258

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EIN: 94-1615897 · Source: IRS Form 990 e-file data