Pebble Beach Company Foundation 2020 Annual Report

2020 Annual Report

1 – Welcome 2 – Our Purpose 3 – Caring Connections 4 – Resilience 6 – 2020 Grant Programs 7 – Our Impact 8 – Scholarship Academy 10 – Scholarship Highlight 12 – Financials 13 – 2020 Donors 17 – Signature Events Dear Friends, It is our pleasure to present the 2020 Pebble Beach Company Foundation Annual Report, showcasing the accomplishments and impact of the Foundation throughout Monterey County. 2020 brought unprecedented challenges for our community, our nation and the world. We are proud and honored to have partnered with so many leading organizations to best serve our community during this time. Throughout the report, you will find many inspiring stories of Foundation grantees demonstrating resilience to provide much-needed services in innovative ways. It is said that during times of crisis, you learn a great deal about people. And during the COVID-19 pandemic, we quickly learned we have the most generous and loyal donors. Thank you for your continued support and faith in Pebble Beach Company Foundation. A central tenet of our work is that children need a strong foundation — and that starts with mental health and wellness. We recognize the importance of this foundation in helping to ensure that youth have the capacity to be successful in school and life. As you will read, supporting this fundamental issue of mental health and wellness, in addition to education, is a main focus of our grantmaking. The COVID-19 crisis reinforced the importance of mental health on a child’s education. Our youth have demonstrated tremendous resilience during the last 18 months, but it is clear that these historic adversities, along with the increased educational inequities, will have an impact for years to come. We continue to partner with Monterey County’s best youthfocused nonprofits working to address the significant needs of our community, and share the core belief that every child in Monterey County deserves the chance to achieve their full potential. In 2020, we awarded grants to more than 100 local nonprofits and were able to make a meaningful difference in the lives of more than 10,000 Monterey County youth from prekindergarten to post-graduate. All of this work would not be possible without your generous support. Thank you again for believing in our vision. We are working to ensure that all Monterey County youth, especially those with the fewest resources, have caring connections and exceptional educational opportunities. As we look ahead, we believe the needs in our community will continue to grow as we navigate the aftermath of the past year. We are committed to working together to provide a brighter future for all Monterey County youth. Hubert Allen Theodore Balestreri Mercedes De Luca Dan Green Maggie Hardy Judah Matthews Susan Merfeld Courtney Nantz Nanci Perocchi John Sawin Robert Skinner Mark Verbonich Welcome 2020 Annual Report 1 SUSAN MERFELD | PRESIDENT Pebble Beach Company Foundation BILL PEROCCHI | CO-CHAIRMAN Pebble Beach Company Content Board ofDirectors Central Coast YMCA

Pebble Beach Company Foundation is dedicated to providing access to superior educational opportunities for every youth in Monterey County. That includes working to provide them with a strong foundation in order to be successful during that education. Toxic stress experienced during childhood has been linked to several relational, educational and learning difficulties. In school, effects include trouble concentrating and engaging during class, incomplete homework assignments, dropping out of school and learning disabilities. Extensive research has demonstrated that adequate doses of safe, supportive and nurturing relationships and environments can help mitigate the development of toxic stress, as well as its physical and behavioral manifestations. Beyond providing critical services and programs to the youth of Monterey County, the Foundation’s grantees provide youth with a team of caring and stable adults, helping to ensure programs are successful. For the Foundation, creating caring connections also includes working with community leaders, organizations and donors to build awareness on key issues and advocate effective solutions. Throughout the report, you will find stories of caring connections and the commitment to ensuring the best possible future for Monterey County youth. 2020 Annual Report 3 Caring Connections 2020 was a difficult year that brought many new challenges to Monterey County. Pebble Beach Company Foundation found meaningful ways to engage and support the community throughout the year. Below are some of the unique ways that the Foundation was able to give back to the community beyond our usual grantmaking. • Donated to United Way for COVID-19 relief • Donated to Monterey County Fire Relief Fund • Donated to local food banks • Expanded Little Free Libraries program • Delivered fresh veggie boxes to local families • Provided culinary treats to frontline workers • Hosted Healthcare Heroes Golf Tournament 2 OurPurpose A caring and connected community where every child has an opportunity to succeed Our Vision Education changes lives. We are committed to funding quality educational programs and awarding scholarships and financial aid to benefit Monterey County students, from pre-kindergarten to post-graduate levels. These funds provide access to opportunities and experiences that deepen, broaden, and expand their world. Our Mission To provide quality educational opportunities for Monterey County youth. Monterey County Free Libraries Community Partnership for Youth The greatness of a community is most accurately measured by the compassionate actions of its members. — CORETTA SCOTT KING In recent months, the Pebble Beach Company Foundation Board of Directors has performed a self-evaluation of its current grantmaking model. We have concluded that, in order to make a greater impact on issues facing Monterey County youth, a more proactive role could lead to even greater impact. The Foundation is dedicated to addressing the most pressing needs of the community through a newly developed framework of awareness, advocacy and action. Currently, we are addressing the first step, awareness, which has prompted discussions with key educators, teachers, youth leaders and local nonprofits to identify the most critical issues impacting youth education in Monterey County. We believe this framework will provide a caring and connected community where every child has an opportunity to succeed. A Unique Year of Giving

re·sil·ience /rəˈzilyəns/ the capacity to recover quickly from difficulties; toughness Monterey County Free Libraries — The heart of a community What can a library do during a pandemic? During the COVID-19 crisis, Monterey County Free Libraries found a number of unique ways to support the community. The libraries served as cafeterias, giving out meals and activity bags to those hurting in the community. Librarians used the 3D printers to make PPE for our healthcare workers; two branches became permanent COVID-19 testing sites. During the Dolan and Carmel wildfires, many of the branches transformed into evacuation shelters. In addition to all these opportunities to support our community, Monterey County Free Libraries set up charging stations for the homeless, boosted the available hours for students needing online tutoring and provided internet hotspots and Chromebooks for families in need. It was a year unlike any other, but they were honored to find new ways to support their communities. MY Museum — Thinking outside of the box What do you do when you are a children’s museum, but children can no longer visit? You bring the museum to them! It took some outside-the-box thinking, but ultimately MY Museum fit some important lessons inside a box it could deliver to children in need. MY Museum recognized the need for children to continue to safely play and learn while cooped up at home during this pandemic, so they creatively did their part to find a solution — turning their closed museum into what looked like a distribution center and delivering more than 5,000 Play Kits and Play Boxes to families in need. They partnered with First 5 Monterey County to deliver 2,500 Shelter and PLAY Family Fun Boxes that included everything from recipe ideas and sidewalk chalk to mask-making activities and other crafts ideas. They also partnered with The Transportation Agency of Monterey County to deliver 2,500 “Play to Learn” kits, which found fun ways to teach road safety, helped kids decorate their bikes, and even included a wooden car craft kit. MEarth — Sowing seeds for a better tomorrow Before the pandemic, MEarth provided a unique outdoor and culinary classroom for neighboring Carmel Middle School students with its 10 acres of grasslands, ponds, bee gardens, monarch butterfly habitats, edible organic gardens and much more. But when in-person classes shut down, MEarth decided to ramp up, turning 100 percent of its focus toward growing food, becoming a full-fledged farm dedicated to providing food for those in our community who need it the most. MEarth teamed up with the student-led Carmel High School volunteer organization called “This Club Saves Lives” to assemble 150 mixed bags of groceries and home goods each week and distribute them through The Food Bank for Monterey County to local families and seniors. Many more helping hands donated seed, soil, wood chips, tools and garden boxes. Even when MEarth wasn’t able to directly impact the youth it loves to teach, it found an inventive way to plant the seed for a better tomorrow. Youth Arts Collective (YAC) — Mentoring through art How important are the arts for high schoolers? Former Congressman Sam Farr says, “I think there should be a YAC in every city in America.” The stats back Farr up. Every Youth Arts Collective member has gone on to graduate high school, and a staggering 95% go on to university, college or art school — many on scholarship. How does an after-school art studio survive during a pandemic? Just one day after Monterey County was issued Shelter-in-Place orders, the Youth Arts Collective was back up and running online. YAC mentors immediately reached out to their high school and college artists, delivered art supplies and quickly developed a Zoom call schedule multiple times a week. The mentorship program creates an environment — both physically and virtually — where students believe in themselves, reap the rewards of creative risk and belong to a community that supports them, no matter how challenging the circumstances might be for an aspiring artist. It’s hard to argue with Congressman Farr. Carmel Youth Center — Future leaders in training When Bing Crosby founded the Carmel Youth Center in 1949, it was run by a teen-aged Board of Directors. Just two years ago, when the Carmel Youth Center needed an Administrative Director, a group of elementary and middle schoolers interviewed candidates and picked the two finalists for the role. The Carmel Youth Center has always found unique ways to develop leadership skills with its kids, and this pandemic was no different. This caring group of kids tapped into their ethics, empathy and compassion by pledging to perform acts of service every month of 2020, ranging from creating care and hygiene kits for the homeless and veterans, writing and delivering valentines for seniors and hosting free virtual mental health events. This summer, the Carmel Youth Center will host its first #LEAD Summer Camp, where youth can grow their confidence and leadership skills. 2020 Annual Report 5 4 Remember to appreciate your resilience, make good use of your nourishing connections and don’t ever be afraid to seek additional support. Knowledge really is power. — DR. SUSAN SWICK, PHYSICIAN IN CHIEF, OHANA, MONTAGE HEALTH FOUNDATION Resilience

Agriculture & Land-Based Training Association All Saints’ Episcopal Day School American Association of University Women ARIEL Theatrical Big Sur Charter School Big Sur International Marathon Big Sur Land Trust – Youth Outdoors Boys & Girls Clubs of Monterey County California Missions Foundation Carl Cherry Foundation Carmel Authors and Ideas Festival Carmel Public Library Foundation Carmel River Watershed Conservancy Carmel Youth Center CASA of Monterey County Central Coast YMCA Chartwell School CHISPA, Inc. Community Foundation of Monterey County(1) Community Human Services Community Partnership for Youth Educational Resources of Monterey County El Sistema USA – Salinas Elkhorn Elementary School Elkhorn Slough Foundation First Night Monterey Foundation for Monterey County Free Libraries Friends of the Salinas Public Library Future Citizens Foundation – First Tee Gil Basketball Academy Girls Inc. of the Central Coast Harmony at Home Hartnell College Foundation Hijos Del Sol Arts Productions Hope, Horses & Kids International School of Monterey Ione Olson Elementary PTA Jacob’s Heart Children’s Cancer Support Services Junior Achievement of Northern California Kinship Center Loaves Fishes & Computers Lyceum of Monterey County McPherson College MEarth Montage Health Foundation(1) Monterey Academy of Oceanographic Science Monterey Bay Aquarium Monterey Bay Charter School Monterey Condors Club Monterey County Pops! Monterey County Rape Crisis Center Monterey Institute for Research in Astronomy Monterey Jazz Festival Monterey Museum of Art Monterey Peninsula Ballet Theatre Monterey Peninsula College Foundation Monterey Peninsula Unified School District Monterey PONY Baseball / Softball, Inc. Museum Foundation of Pacific Grove MY Museum Natividad Medical Foundation(1) NCGA Foundation – Youth on Course Notre Dame High School O’Neill Sea Odyssey Orchestra in the Schools Pacific Repertory Theater Palma School Paraphrase Productions Partners for Peace Pebble Beach Company Scholarship Program Pebble Beach Junior Golf Point Lobos Foundation Raising A Reader Rancho Cielo Youth Campus Robert Down Elementary School Sacred Heart School Salinas Area Reading Is Fundamental Salinas Valley Memorial Hospital(1) Salvation Army San Carlos School Santa Catalina School Save the Whales Sol Treasures Special Kids Connect St. Angela’s Preschool Stevenson School Sunset Center The Panetta Institute – Monterey County Reads The Read to Me Project The Village Project, Inc. The Wave Program of Pacific Grove Trinity Christian High School United Way of Monterey County(1) University Corp at Monterey Bay – CSUMB Ventana Wilderness Alliance Watsonville Wetlands Watch Weston Photography York School Youth Arts Collective Youth Music Monterey County YWCA Monterey County For nearly 45 years, Pebble Beach Company Foundation has been committed to improving our community by aligning our grant awards with the region’s best and most innovative youth-focused nonprofits. 2020 Grant Programs 6 OurImpact 2020 Annual Report 7 (1) In 2020, the Foundation made grants to a group of nonprofits committed to addressing immediate critical needs where funding sources were limited. This was made possible by Pebble Beach Concours d’Elegance and its generous donors, despite the cancellation of the event. (2) Due to the unprecedented challenges brought on by the pandemic, the Foundation and its donors provided direct COVID-19 relief to those in need. AGES 0–5 AGES 6–13 AGES 14–18 AGES 19–26 6% 55% 33% 6% AGE 55% 6% 6% 33% ETHNICITY 57% 25% 6% 5% 5% 1% 1% HISPANIC WHITE ASIAN AMERICAN BLACK TWO OR MORE RACES 57% 25% 6% 5% 5% AMERICAN INDIAN OR ALASKAN NATIVE HAWAIIAN OR PACIFIC ISLANDER 1% 1% MONTEREY PENINSULA GREATER SALINAS SALINAS VALLEY NORTH COUNTY 47% 33% 13% 7% REGION 47% 33% 13% 7% In 2020, Pebble Beach Company Foundation made grants to more than 100 organizations reaching more than 10,000 Monterey County youth and families. We support meaningful change where it does the most good: In the heart of the community. 3% 3% AREAS OF GIVING 41% 22% 16% 10% 5% SCHOLARSHIPS & FINANCIAL AID $388,000 YOUTH DEVELOPMENT $210,000 SOCIAL & EMOTIONAL $153,000 LITERACY $93,500 MUSIC & THE ARTS $43,000 EARLY CHILDHOOD $27,000 PHYSICAL EDUCATION & SPORTS $28,500 41% 22% 16% 10% 5% 3% 3% TOTAL YOUTH EDUCATION $943,000 COMMUNITY AID(1) $650,000 COVID-19 RELIEF(2) $990,214 TOTAL GIVING $2,583,214

The gift of G.O.L.F. Anyone tuning in to catch the week’s biggest sporting events — whether it’s football, basketball or golf — has grown accustomed to CBS’ Jim Nantz warmly welcoming the audience with his familiar “Hello, Friends.” Far away from the cameras, Nantz, a Pebble Beach resident and proud philanthropist, turned to another group of friends in the middle of the pandemic to generously raise nearly $550,000 for Pebble Beach Company Foundation. Nantz created an event called G.O.L.F. (Gathering of Lifelong Friends) to raise money for charity and to honor an iconic member of the golf community. In 2020, Nantz chose Sam Reeves as the honoree and Pebble Beach Company Foundation as the event beneficiary. Unfortunately, the gathering was canceled due to the pandemic. Though there was no event, Nantz and his generous friends lived up to their commitment and donated their funds to the Foundation. Pebble Beach Company Foundation’s Company Scholars program began in 1995, and today it is one of the most valuable benefits for employees whose children are attending college or graduate school. Parent: Lorenzo – Spanish Bay Engineering – 22 years College: UCLA Major: Mechanical Engineering Career Aspirations: Mechanical Engineer Lorenzo Parent: Verenice – Spa at Pebble Beach – 20 years College: UC Davis Major: Genetics & Genomics Career Aspirations: Dentist Evelyn We fund scholarships and financial aid from pre-kindergarten to post-graduate levels. We accept applications from public and private Monterey County schools and youth-focused nonprofits, which provide program-related monetary support to those who would not otherwise have access to these programs. Organization: York School Grade: High School Junior From Annie: “I cannot thank you enough for enabling me to go to a school that provides endless opportunities and guidance to ensure that everyone thrives and becomes the person they are meant to be.” Annie It truly is the gift that will keep on giving. This extraordinary gesture will fund five additional college scholarships ($5,000 per school year) in perpetuity, raising the total the Foundation can now award from 23 to 28. The donation is already making a difference. One recipient, Rodrigo, wasn’t sure whether he should accept his admission to UC Santa Cruz, due to the financial stresses of tuition. “I am now proud to say that thanks to your Foundation, I am officially underway to becoming a UC Santa Cruz freshman,” Rodrigo wrote. The news was also celebrated in the Nantz household. “My wife Courtney and I cherish our community and Pebble Beach Company Foundation’s commitment to giving educational opportunities to the children of Pebble Beach Company employees,” Nantz says. Scholarship Academy 2020 Annual Report 9 Parent: Callie – Human Resources – 18 years College: University of Oregon Major: Business Administration Career Aspirations: Television or Music industry management Alia Parent: Clifford – Resort Security – 8 years College: Azusa Pacific University Major: Cinematic Arts Career Aspirations: Writer/Producer for film or television Timothy Parent: Anastasia – Spanish Bay Culinary – 20 years College: Loyola Marymount University Major: Psychology Career Aspirations: Start a music & theatre center for children with special needs Andrew The Scholarship Academy is the signature program of Pebble Beach Company Foundation. It provides broadbased educational assistance through scholarships and financial aid. The Academy focuses on two areas: Community Scholarships and Company Scholarships for the children of Pebble Beach Company employees. Through our decades of experience, we have seen the immense impact that scholarships have on students from pre-kindergarten to post-graduate. Meet a few of our Community and Company Scholars... Pre-K to University 24 Grants $250,000 Total 2020 Community Scholarships Organization: Pebble Beach Junior Golf College: San Francisco State University Major: Marketing Career Goal: Retail Merchandising From Gabby: “Since I was a little girl, I knew I wanted to do something art-related. During a summer class in San Francisco I learned more about the merchandising side of retail and fell in love with it.” Gabby Organization: Youth on Course College: Pomona College Major: Computer Science From Chanha: “This scholarship has helped me realize the value of giving back. During my first year, I volunteered at the local homeless shelter. I was able to connect with my co-volunteers, the people who worked at the shelter and those we served.” Chanha 8 Organization: Monterey Peninsula College Foundation College: Cal Poly San Luis Obispo Major: Business Administration From Ahmed: “In the future, when you see me changing the world into a better place, I hope you know that your blessing of a scholarship and a program is what got me here. The Evans Program is something out of this world; a true blessing like no other.” Ahmed 28 Awards $140,000 Awarded 65% First Generation 2020 Company Scholarships

By investing in organizations focused on providing caring connections and a strong educational foundation, we are helping to ensure that every child in Monterey County has the opportunity to receive a great education and the benefits that come with it. Meet Kalila McPherson College — Phil Hill Scholar Alumna Career Dream: My goal is to get into vintage racing. I would also love to assist collectors with their archives. I enjoy research, writing and piecing things together to tell a story. It’s a window to peer into another era and I find it fascinating. Why restorative automotive? I got into the automotive field as a young adult — first with pin-striping and then working in repair shops. I was taking classes at community college and a teacher told me about the McPherson program. I ended up really enjoying the hands-on aspect and learning more about all kinds of cars. What has this scholarship meant to you? This scholarship has opened so many opportunities for me and things have progressed in a linear and organic fashion. I would not have ever imagined I would be in this part of the automotive world. Profession: Archivist & Historian at a private collection in Bedford Hill, NY – D.A.D. Garage, a museum for the automobiles acquired by Ralph Lauren during his lifetime. Unsure what to name the museum, he decided on using the names of his three children: David, Andrew and Dylan. In 2009, the Foundation established The Phil Hill Scholarships to honor the memory of Phil Hill, America’s first Formula One driving champion and a longtime participant and friend of the Pebble Beach Concours d’Elegance. We partnered with McPherson College, the only four-year liberal arts college to offer an automotive restoration program, to administer the scholarship program. 2020 Annual Report 11 —BILL PEROCCHI , CO-CHAIRMAN, PEBBLE BEACH COMPANY ScholarshipHighlight Phil Hill was a friend of the Pebble Beach Concours from the very beginning, and he loved cars of every kind. We’re pleased to honor his memory by recognizing some rising stars dedicated to preserving and restoring the cars Phil treasured. 10 Boys & Girls Clubs of Monterey County United Way Palma School CASA of Monterey County, Inc. Monterey Peninsula College Foundation York School — SANDRA BUTTON, CHAIRMAN, PEBBLE BEACH CONCOURS D’ELEGANCE

COMMUN I TY PARTNERS CALIFORNIA AMERICAN WATER • CHEVRON NORTH AMERICA • THE EACH FOUNDATION HARVEST CONSTRUCTION • IEQ CAPITAL, LLC WE ARE HONORED TO RECOGN I ZE THE FOL LOWI NG DONORS for their gifts received between January 1 and December 31, 2020 G I F TS OF $ 1 00 , 000 & ABOVE Ernesto Bertarelli • Jessie & Bret Curtis • Thomas Laffont • Ken Langone • Thomas Peck • Ryan Smith G I F TS OF $2 5 , 000— $49 , 999 Anonymous Ann & Chris Cox Craig Duchossois Sherry & Ed Gilbertson Edward D. Herlihy Robert Kauffman Nanci & Bill Perocchi Stefanie & Robert Skinner Laura & Jack Boyd Smith, Jr. Warren A. Stephens Lawrence Stroll Lee J. Styslinger III David Sydorick Karen & Rich Atwell Alice Ann & William P. Battle Larry Boberg Susan and John Boken Camilla & Stephen Brauer Kim & Stephen Bruno Fritz Burkard Shirley & Daniel Butler Barbara & David Calhoun John Chen Kingsley & Jack Croul Julia & James Davidson Mr. & Mrs. James K. Dobbs III Evelyn & Jim Fasnacht Peter O. Goodwin Andrea & Ron Hein Leslie Heumann Teri & Alan Hoops John W. Johnson Allyson & Bob Kavner Sheila & Paul Leach Carl Lindner III Pamela & John Mader Greg Maffei Tom Marsico Bruce R. McCaw Family Foundation Susan & Dave Milligan The Glenn Mounger Family James A. Patterson Andrew Paul Dr. Jonathan Pellegrin Gary Petersen Gwen & Tom Price Andrew Rachleff David Reese Dayle & Kenneth Roath Alex Robertson Dan Rose Scott Schoelzel Charles Schwab Barry Sternlicht Cheryl & Bill Swanson Jack Uible Nancy & James Utaski Phil White Kendra & Peter Wilde Charles Witmer G I F TS OF $ 1 0 , 000—$24 , 999 G I F TS OF $50 , 000— $99 , 999 Anonymous Robin & Peter Barker The Change the World Foundation Jimmy Dunne Abigail & Egon Durban Kelsey & Richard Ferris David F. MacNeil Alex & Gregory Mondre Courtney & James Nantz Frank Quattrone & Denise Foderaro Betsy & Sam Reeves The Roberts Foundation The Ueberroth Family Foundation 2020 Annual Report 13 Financials 2020 Donors 12 Wow, what a year. The pandemic caused a tremendous amount of stress, uncertainty and challenges across the globe and locally in our community. However, thanks to our generous donors, the Foundation was able to grow its giving to a record amount in order to meet the unprecedented demand for assistance. Whether it was direct COVID-19 Relief, Community Aid or Youth Education, the Foundation made total grants of $2.6 million to organizations and individuals throughout Monterey County. In addition to the record giving amount, the Foundation also ended the year with $20.2 million in net assets. The unwavering commitment and generosity of our donors assures the Foundation will play a significant role to further Youth Education for years to come, pandemic or not! York School AUDITED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING DECEMBER 31 PEBBLE BEACH COMPANY FOUNDATION REVENUE AND SUPPORT Net contribution and fundraising revenue $ 2,993 $ 2,303 Total investment income 2,464 2,632 Total net revenues and support 5,457 4,936 EXPENSES Grants and scholarships 2,583 1,195 General and administrative 96 130 Total expenses 2,679 1,325 INCREASE IN NET ASSETS $ 2,778 $ 3,611 2020 2019 ASSETS Cash and cash equivalents $ 814 $ 1,173 Investments at fair value 19,359 16,223 Total assets 20,173 17,395 LIABILITIES - - NET ASSETS $ 20,173 $ 17,395 STATEMENT OF FINANCIAL POSITION STATEMENT OF ACTIVITIES ($’s in thousands) Note: Totals may not add due to rounding.

2020 Donors G I F TS OF $2 , 500—$9 , 999 Anonymous Richard Adatto Susan Akers Theresa & Gerald Alexander Lauren & Blake Atwell Harris Barton Merle & Stanley Bauer Don Beall Christopher Berman BP Moser Trust Preston Butcher Gary Carr The Larry & Juana Carter Charitable Fund Rita Case Margie & Joseph Cassini III Steve Cassriel Hollis Cavner Janet & Clive Cussler Kit & Steve Didion Veronica & Vincent Dowling Dr. Neal Elattrache Leon Flagg & Curtis Lamon Stu Francis Samuel Ginn David Gooding Matt Goodwin James Greene, Jr. Audrey & Martin Gruss Foundation Terry Hackett Lynn & Michael Harling Matthew J. Hart Tom Hartley Jnr Gary Hendrickson Joan & Lee Herrington Jann Heumann The Mosaic Foundation (of R. & P. Heydon) Jeannie & Rob Hilarides Paul Hoffman The Ingram Collection Jeremy Jacobs Piet Janssen The C and A Johnson Family Foundation Klein Family Foundation Kurtz Family Foundation Pamela & David Leonard Rusty Lindner Sally Lucas Bob Lurie Doug Mackenzie Ron Maggard Marc C. Mammel Emily & Sam Mann Peyton Manning Russell W. Meyer, Jr. Michaels Family Charitable Foundation Jaime & Cecilia Muldoon Merle & Peter Mullin Beth & Ross Myers Karen & Charles Nearburg Tim Neher John Nehra Penner Family Foundation Randy & Brian Pollock Christopher Quick Michael Regalia The Reveas Foundation The Robert M. Lee Foundation George Roberts Jerry F. Rosenstock Jan & Ken Rudisill Susan & Neal Ryan Lisa & Leo Schigiel Scot Sellers John P. Shibles & Jill Devlin Colin M. Short Mike Shute James Slavik Patrick Smiekel / JFS Foundation Mark J. Smith James Sprague Chris Sullivan Gary S. Taylor M.D. Debbie & Jack Thomas William Van Devender Fallon & Robert Vaughn Valerie & Aaron Weiss Louis Welch Pete Whitehead & Mark Whitehead G I F TS OF $ 1 , 000—$2 , 499 Anonymous Jim Albaugh Charlie Allen Dr. David Altcheck Laura & Richard Azzolino Bret Baier Ted Balestreri Susan & Tom Barbour Richard Barrett Michael Berchtold Cannery Row Company Jessica Canning Mark Cardelucci Woodworth Clum Struan Coleman Dick Cook Mercedes De Luca Scott DeSano Thomas R. Devlin Art Dunkley Skeets Dunn Erin & David Eichenbaum Warren Fields Captain Barbara Ford (USN RET) Peter Foss Michael Franz Thomas Frist James Giancola Jeff Halpin Tom Hamilton Brent Handler Maggie Hardy Tom Hazlehurst Frank C. Herringer Nancy & James Hoak Claus Hoejlund Sally & Bill Hoff & Family Jeff Holzschuh Jackson Hsieh Walter Hussman Kelley James Alastair Johnston Linda & Dave Kane Ron Keating Carol & Chuck Keller Richard M. Kovacevich Joe Lacob LBI Limited Gregg Lemkau Alexander N. Lilley Terry Lundgren Eli Manning Joe Mayernik Mike McKee Don McNamara Susan Merfeld Max Messmer Al Michaels Shantanu Narayen Gregory B. Northcraft Gina Nucci Jonathan Nudi Chris O’Donnell Cary Patterson Jeff Pickard Todd Pickup Billy Prim Stephen Reyes Andy Roddick Mary Kay & Charles Ruck Tom Ryan Roy Ryu Tim Schantz Fred Shaheen Andrew Singer Filippo Sole Strada e Corsa BV Willy Strothotte Ben C. Sutton, Jr. Jerry Tarde Richard G. Thau Nathaniel Turner Ginny & Peter Ueberroth Gary Vandeweghe Michael Walrath Ava & John Welch TomWerner Michael Yamaki Jerry Yang LeBon G. Abercrombie Rand Alexander Hubert Allen David Altshuler Robert E. Andreae Tonya Antle Teddy Balestreri Janet & Philip Banks Chuck Bill Mike Bona Jack R. Britton Patricia C. Burke Sandra & Martin Button Nancy Canning Nicholas Canning Grant Carmichael Michael F. Carter Nelly & Rigoberto Castaneda Moseley Collins Law Miera & Geoff Couch Ron Coulter Marc Dash Maryann Del Monte Charles J. Delahay Elizabeth D. & Robert T. Devlin Stanley Dickison Joni & William Dorey Robert Dumont Eugene Dupreau Donald Eastman John Enbom Kent Farnsworth James Fuqua Milva Gobbi Dan Green Alice & Bill Habeger Janine & Michael Hattem Patrick Healy James Hebenstreit David Heuck Mary Kay Higgins G I F TS UP TO $999 Lawrence H. Holden Joan Hoover Bill Howes Lawrence Hunt Michael Jackson Robert E. Jacobsen Carolyn & Robert Jenkins Sheila & Bob Joynt Angela & Eric Lippert Jim Livanos The Lubrizol Foundation Miles S. Lundquist Rod B. Manning Chandra & Judah Matthews Stephen T. McClellan Matt McCormick Alison McCrary Alton W. McEwen Steve McNally Carrie McNamara Susan & Scott McNealy Michael Meadows Harold Millan, Jr. Mori Mitsuga Wayne R. Moon Cary L. Mrozowski Sadri Musavi Matthew J. Myers Regina & Berj Najarian Scot W.R. Nei Clifford C. Olsen, Jr. Val Pakis Rich Patterson Steve Pellegrine Arline & Buddy Pepp Christine Perocchi David R. Peterson James N. Press Jessica Quesada Mike Raggett Jayne & John Regan “Thank you for all of the incredible work you do. Your work is impactful and needed now more than ever. Continued success to you and all of the beneficiaries of your work.” - Annual donor since 2012 2020 Annual Report 15 2020 Donors 14

For more information on our Foundation, events or grant programs, please visit our website at pebblebeach.com/pbc-foundation or contact Susan Merfeld at 831-649-7651 or [email protected] Pebble Beach Company Foundation is a 501(c)(3) tax-exempt organization. Tax ID # 51-0189888 Supporting Pebble Beach Company Foundation Play a classic round of golf with vintage hickory clubs and dress in attire of days gone by. Hickory Sticks raises funds to support the Foundation’s programs and scholarships benefiting Monterey County youth. The event is held at The Hay, the new short course designed by Tiger Woods and TGR Design. “Hickory Sticks is one of the most festive, fun-filled days of the year at Pebble Beach. It pays homage to the heritage of the game with the old-fashioned equipment and period attire, but it also brings a light competition with plenty of laughter that is open to anyone who wants to play golf and have a good time. And it’s all for a great cause!” – Jim Nantz, CBS Sports Commentator and Pebble Beach resident 2020 Annual Report 17 Alban Vineyards Bernardus Winery Blackbird Vineyards BOND Brooks Winery Cade Estate Winery Caymus Vineyards Champagne Laurent-Perrier Champagne Louis Roederer Chappellet Corison Winery Dalla Valle Vineyards DAOU Vineyards & Winery Darioush Winery Denner Vineyards Dom Perignon Domaine Serene E&J Gallo Winery Far Niente Favia Wines Futo Estate Gemstone Vineyard Harlan Estate Heitz Cellar Hirsch Vineyards Hourglass Wine Co. Hundred Acre Winery Huneeus Vintners Jackson Family Wines Jordan Winery Joseph Phelps Vineyards Justin Winery Kistler Vineyards Kosta Browne Winery Krug Lewis Cellars Liquid Farm MacRostie Winery Mascot Wine Melville Winery Meteor Vineyard Monterey Bay Wine Company 2020 I N- K I ND DONAT I ONS G I F TS UP TO $999 cont ’d Sibyl & Don Reynolds Christine Riccitelli Jeffrey M. Riehl William Rodrigues Woody Salkin Therese & John Sawin Rod Schinnerer Tony Scholis Geoffrey H. Sharp Claus Shelling Bobby G. Sparks Horace Spaulding Susan & Mark Stilwell Diane & Jim Stracuzzi Kristopher Tedeschi Eileen & Col Hector Topete Mark Verbonich Chuck Viane Virginia Vickers Leonard Wilson & Brenda Sexton Opus One Winery O’Shaughnessy Estate Winery ParadigmWinery Nanci & Bill Perocchi Ramey Wine Cellars ROAR Wines Rochioli Winery Royal Nonesuch Farm Scarecrow Wine Schrader Cellars Shafer Vineyards Silver Oak Cellars Silverado Vineyard Spottswoode Estate Winery Ste Michelle Wine Estates The Hilt Estate Tor Wines Vineyard 29 Vineyard Brands Williams Selyem Wilson Daniels 2020 Donors 16 Since 1950, the Pebble Beach Concours d’Elegance has gathered rare and antique automobiles and motorcar enthusiasts from around the globe. The Concours was founded to celebrate the greatest cars in the world, but from the start, it sought to raise money to help others. To date, over $30 million has been raised for charity — all of which stays in Monterey County. The 2020 Pebble Beach Concours d’Elegance was officially canceled, but that did not stop efforts to raise funds. Despite the cancellation, more than $1 million was distributed to local charities. “We are so grateful to Pebble Beach Concours Chairman Sandra Button, who stepped up under such difficult circumstances to ensure that our local charities would continue to receive funding during this time.” – Bill Perocchi, Co-Chairman, Pebble Beach Company PEBBLE BEACH CONCOURS D’ELEGANCE SignatureEvents HICKORY STICKS GOLF INVITATIONAL BECOME A COMMUNITY PARTNER We invite you or your business to join our Community Partner Program. For an annual sponsorship of $10,000, Pebble Beach Company Foundation will provide exceptional sponsor benefits. MAKE A GIFT If you would like to make a difference by supporting the work of our Foundation, please contact us to learn more about our endowments, bequests, named scholarships, and honorary or memorial gift opportunities. JoinOurEfforts A SPEC I AL THANK YOU The Friends of the Foundation are enthusiastic advocates sharing their time and talent in support of Pebble Beach Company Foundation Deb Aitchison Julie Bullas Janine Chicourrat Gloria Ford Patrick Freeman Micah Hawbaker Wendy Heilmann Miranda Jackson Rich Pepe Christine Perocchi Cassie Peters Barry Peterson Judith Ann Raible Woody Salkin Lee Ann Seber Holm Barbara Simmons Jean Stivers Diane Stracuzzi Jeffrey Wallace

pebblebeach.com/pbc-foundation ● [email protected] P.O. Box 1767 ● Pebble Beach, CA 93953 831-649-7651 ● Tax ID # 51-0189888 ©2021 Pebble Beach Company. Pebble Beach®, Pebble Beach Resorts®, Pebble Beach Concours d’Elegance®, The Lone Cypress, its distinctive image and The Heritage Logo are trademarks, service marks, and trade dress of Pebble Beach Company. Photos courtesy of the respective identified programs, plus the following: page 11, lower right – DMT Imaging; page 12 – DMT Imaging; page 17, left to right – Kimball Studios, Sherman Chu; back cover, upper right – ©Monterey Bay Aquarium.

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