10 Financials STATEMENT OF FINANCIAL POSITION AUDITED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING DECEMBER 31, 2021 STATEMENT OF ACTIVITIES PEBBLE BEACH COMPANY FOUNDATION ASSETS $ 1,298 Cash and cash equivalents 22,090 Investments at fair value 23,388 Total assets LIABILITIES - NET ASSETS $ 23,388 REVENUE AND SUPPORT $ 2,325 Net contribution and fundraising revenues 2,230 Net investment income 4,556 Total net revenues and support EXPENSES $ 1,227 Grants and scholarships 114 General and administrative 1,341 Total expenses INCREASE IN NET ASSETS $ 3,215 ($’s in thousands) Note: Totals may not add due to rounding. 1975 - 2000 $1.0M 2001 - 2010 $1.7M 2011 - 2020 $8.8M 2021 $1 .2M $12.7 million and still growing! Just like the youth we support, Pebble Beach Company Foundation has aspirations to continue growing and doing great things. To date, we have given $12.7 million in support to local youth organizations that make the most difference, and we are just getting started. With the help of our generous donors, we granted $1.2 million in 2021 and have given over $1 million every year since 2016. $12.7 million in giving since 1975 Anyone who does anything to help a child in his life is a hero. — FRED ROGERS, AKA "MR. ROGERS" Friends of the Salinas Public Library Kinship Center Gen Giammanco Foundation Gil Basketball Academy El Sistema USA – Salinas Rancho Cielo Youth Campus Educational Resources of Monterey County 2021 Annual Report 11
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