Pebble Beach Company Foundation Annual Report 2019

12 FINANCIAL STATEMENTS Over $10 million in giving Thanks in large part to our generous donors, Pebble Beach Company Foundation has averaged over $1 million given per year, over the last 5 years, with record grants and scholarships awarded of $1.2 million this past year. Since its inception, Pebble Beach Company Foundation has given over $10 million back to our community. $160K $465K $990K $3.3M $5.2M 1975 - 1984 1985 - 1994 1995 - 2004 2005 - 2014 2015 - 2019 STATEMENT OF FINANCIAL POSITION AUDITED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING DECEMBER 31, 2019 STATEMENT OF ACTIVITIES PEBBLE BEACH COMPANY FOUNDATION ASSETS $ 1,172,739 Cash and cash equivalents 16,222,646 Investments at fair value $ 17,395,385 Total assets LIABILITIES $ 0 NET ASSETS $ 17,395,385 REVENUE AND SUPPORT $ 2,303,459 Net contribution and fundraising revenues 2,632,147 Net investment income $ 4,935,606 Total net revenues and support EXPENSES $ 1,195,246 Grants and scholarships 129,543 General and administrative $ 1,324,789 Total expenses INCREASE IN NET ASSETS $ 3,610,817