Pebble Beach Company Foundation 2022 Annual Report

2022 Annual Report COMPANY FOUNDATION 2022 Annual Report

In Memory of Mark Verbonich 1945 - 2022 Mark began his 38-year career with Pebble Beach Company in 1975 as head of both Community Affairs and Pebble Beach Company Foundation. His commitment and dedication to the community over the years prompted many to refer to him as the “Mayor of Pebble Beach.” From the Company’s standpoint, his greatest legacy is establishing Pebble Beach Company Foundation and guiding it for years. Due to his leadership, the Foundation now has more than $25 million in assets and distributes close to $1.5 million annually to over 90 youth education programs around Monterey County. Mark also established the Pebble Beach Company Foundation scholarship program which provides financial aid to deserving children of Company employees as they head off to college. The scholarship program is the signature program of the Foundation and a highly valued employee benefit. To date, 160 students have been awarded a total of $1.8 million. His wife, Barbara, and their three daughters were an important part of his career. Mark and his family embodied the cherished Pebble Beach Company value “Respect Our Neighbor,” which stresses the importance of working with others to constantly improve our communities and share our success with those less fortunate. They regularly volunteered their time with Meals on Wheels deliveries, raised guide dogs and were active in community theater. Mark will be greatly missed by the Foundation, Pebble Beach Company and the community. — RITA PIERSON, 40-YEAR EDUCATOR Every child deserves a champion: An adult who will never give up on them, who understands the power of connection and insists they become the best they can possibly be. Contents Welcome Our Purpose Community Snapshot 2022 Grant Programs Our Impact 1 2 3 4 5 6 7 8 9 13 Bright Spots Scholarship Academy Financials 2022 Donors Signature Events American Association of University Women Cover photo courtesy of Farm Discovery at Live Earth

Welcome Dear friends, We are pleased to share the 2022 Pebble Beach Company Foundation Annual Report, which highlights another year of accomplishments, success stories and opportunities to benefit our local youth education programs. Your ongoing support touches more than 10,000 students annually, and we appreciate your unwavering commitment to the Foundation and the programs we support. For more than four decades, the Foundation has dedicated itself to providing children in Monterey County the best building blocks possible for a fulfilling life. From scholarships and literacy to sports and the arts, these core areas will always be at the heart of our work. We also remain vigilant in addressing emerging concerns that affect students and their ability to flourish, especially mental health and early learning. As you’ll read on the following pages, our grantees continue to demonstrate remarkable resilience and focus while navigating a constantly evolving landscape. We are also witnessing new individuals and organizations answering the call to action in meaningful ways. The Foundation remains steadfast in our responsibility to steward these legacy programs, while also remaining close with nonprofit, education and health experts to research and address the deepest needs of our region and identifying how we can continue to invest in our young people. Every child deserves the chance to learn and thrive, and we are energized for the future of our community thanks to your support and generosity. You are the driving force behind our service and success. On behalf of everyone on our board and the grantees we support, please accept our sincere gratitude for all you do to contribute to our rising young people; we could not do it without you! 2022 Annual Report 1 Board ofDirectors Hubert Allen Teddy Balestreri Mercedes De Luca Dan Green Judah Matthews Susan Merfeld Christine Perocchi John Sawin Robert Skinner Jean Stivers Cindy Zoller Friends Friends of the Foundation are enthusiastic advocates sharing their time and talent in support of Pebble Beach Company Foundation. Deb Aitchison Julie Bullas Patrick Freeman Micah Hawbaker Wendy Heilmann Rich Pepe Cassie Peters Barry Peterson Judith Ann Raible Woody Salkin Lee Ann Seber Holm Diane Stracuzzi DAVID L. STIVERS | CEO Pebble Beach Company SUSAN MERFELD | PRESIDENT Pebble Beach Company Foundation Jeffrey Wallace

Our Purpose OUR VISION To provide quality educational opportunities for Monterey County youth. OUR MISSION 2 Education changes lives. For the past four decades we have been committed to funding quality educational programs and awarding scholarships and financial aid to benefit Monterey County students from pre-kindergarten to postgraduate levels. These awards create a brighter future for our youth and our community. Community Partnership for Youth Underlying factors in every child’s life can be significant obstacles to learning, whether it is mental wellness; food sustenance; a sense of safety and community; or even transportation to and from programs. The disparity of resources in Monterey County continues to widen, and we recognize that the consequences of social media, prolonged isolation, and other current factors have uncovered unique challenges impacting our children's ability to thrive. Grants and scholarships — made possible through our donors — provide access to opportunities and experiences that deepen and expand Monterey County students from pre-kindergarten to postgraduate study. Youth deserve a strong foundation and our grants allow local nonprofits to focus on the obstacles to learning alongside education initiatives so that students can develop, grow and feel inspired for a bright future.

Community Snapshot 2022 Annual Report 3 YOUTH IN OUR COMMUNITY CALL TO ACTION ●Children have access to quality, affordable early care and education ●Children can read and write at grade level ●Youth have caring relationships ●High school graduates are prepared to enter college or job training programs 75% not kindergarten ready 73% lack access to quality, affordable early care and education 65% third-graders unable to read at grade level 37% English learners — unable to communicate fluently or learn effectively in English 12% homeless 33% food insecure — lacking consistent access to food MY Museum face mental challenges, and that number is growing 25% The Foundation partners closely with nonprofit leaders, educators and health experts to stay aligned with the greatest needs our children face. We take action with our funding to help address their most urgent concerns. Along with the continued importance of mental health resources, we have turned a spotlight to the early learning and pre-kindergarten sectors. Investing in these areas of opportunity ensures that:

4 (1) In 2022, the Foundation made grants to a group of nonprofits in Monterey County 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. For over 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 organizations. AIM Youth Mental Health All Saints Day School American Association of University Women ARIEL Theatrical Big Sur Charter School Big Sur Land Trust Boys & Girls Clubs of Monterey County Brighter Bites CA Strawberry Growers' Scholarship Fund Carl Cherry Foundation Carmel High School Foundation Carmel Ideas Foundation Carmel River Watershed Conservancy Carmel Youth Center CASA of Monterey County Central Coast YMCA Chamber Music Monterey Bay Chartwell School CHISPA Community Partnership for Youth Del Monte Forest Conservancy Educational Resources of Monterey County El Sistema USA/Salinas, Inc. — Youth Orchestra Salinas Farm Discovery at Live Earth First Night Monterey Foundation for Monterey County Free Libraries Friends of Camp SEA Lab Friends of the Salinas Public Library Future Citizens Foundation — Pay It Forward Gen Giammanco Foundation Gil Basketball Academy Girls Inc. of the Central Coast Harmony At Home Hartnell College Foundation Hijos del Sol Arts Productions Hope, Horses & Kids Jacob’s Heart Children’s Cancer Support Services Junior Achievement of Northern California Latina Republic 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 County Dance Foundation 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 Museum Foundation of Pacific Grove Musikiwest MY Museum Natividad Foundation (1) NCGA Foundation — Youth on Course Ohana Center for Child & Adolescent Behavioral Health O’Neill Sea Odyssey Orchestra in the Schools Pacific Repertory Theatre Palma School Pebble Beach Company Scholarship Program Pebble Beach Junior Golf Association Point Lobos Foundation Raising A Reader Rancho Cielo Youth Campus Read to Me Project Robert Down Elementary School Sacred Heart School Salinas Area Reading is Fundamental Salinas Valley Health Foundation (1) Salvation Army — Salinas San Carlos School Santa Catalina School Santa Lucia Conservancy Seneca Central Coast Sol Treasures Special Kids Connect St. Angela’s Preschool Stevenson School Tatum’s Garden Foundation The Village Project, Inc. The Wahine Project The Wave Program Trinity Christian High School United Way Monterey County (1) University Corp at Monterey Bay — CSUMB Ventana Wilderness Alliance Ventana Wildlife Society Weston Photography York School Youth Arts Collective Youth Music Monterey YWCA Monterey County 2022 Grant Programs MY Museum McPherson College

2022 Annual Report 5 OurImpact (1) In 2022, the Foundation made grants to a group of nonprofits in Monterey County 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. In 2022, Pebble Beach Company Foundation made grants to over 95 organizations reaching more than 10,000 youth. These grants provide opportunities that expand their world. We are working together to provide a brighter future for our youth. HISPANIC WHITE NOT DISCLOSED ASIAN BLACK TWO OR MORE RACES AMERICAN INDIAN HAWAIIAN OR 50% 14% 21% 5% 1% 1% 4% 4% AGES 14–18 AGES 19–26 10% 35% 47% 8% AGES 0–5 AGES 6–13 NORTH COUNTY OTHER 43% 13% 32% 7% 5% 32% 6% MONTEREY PENINSULA SALINAS SOUTH COUNTY PACIFIC ISLANDER ETHNICITY 50% 21% 14% 5% 4% 4% 1%1% REGION 43% 32% 13% 7% 5% AGE 8% 10% 47% 35% TOTAL YOUTH EDUCATION $1,144,400 COMMUNITY AID(1) $ 225,000 TOTAL GIVING $1,369,400 32% 17% 26% 9% 6% 4% 3% 3% SCHOLARSHIPS & FINANCIAL AID YOUTH DEVELOPMENT SOCIAL & EMOTIONAL LITERACY MUSIC & THE ARTS SCIENCE & ENVIRONMENT PHYSICAL EDUCATION & SPORTS EARLY CHILDHOOD $366,200 $301,100 $196,500 $100,100 $ 63,500 $ 49,500 $ 37,500 $ 30,000 3% 32% 26% 17% 9% 6% 4% 3%3% AREAS OF GIVING

6 Bright Spots “Pebble Beach Company Foundation is committed to supporting the most creative and innovative initiatives by local nonprofits in addressing the pressures facing our youth.” Studies indicate that skills acquired from music instruction translate to improved math and language performance, better communication skills and a higher graduation rate. Youth Orchestra Salinas (YOSAL) uses the teaching of music as a vehicle for social transformation in the lives of their students, families and communities. Students in grades 1–12 from underserved areas in Salinas are provided musical instruments, group classes and orchestral instruction. They also have access to academic and mental health support and resources, snacks and a safe and supportive community, all at NO COST to the student. Approximately 17% of local residents live in poverty, making tuitionbased programs inaccessible for many children. Without YOSAL, the city of Salinas would lack a free after-school music program. Through the discipline, persistence and patience required to learn a musical instrument, YOSAL students obtain the skills needed to excel in school, as well as, in their future careers. Rancho Cielo Youth Campus sees challenges as life-changing opportunities. With a comprehensive learning and social services campus, Rancho Cielo transforms Monterey Youth by helping them earn their diplomas, providing education, vocational training, counseling and life skills development in a safe and affirming environment. The five vocational academies — Agriculture, Automotive, Construction, Culinary and High School Diploma — respond to the real-life needs of society through workforce development and college preparation. The Drummond Culinary Academy, supported by Pebble Beach Company Foundation since 2010, helps youth become employable in the culinary and hospitality industries, earning a culinary certificate along with a high school diploma. The program offers job readiness training, as well as, placement and referral services for graduates. Students receive on-the-job training at externships with local restaurants and Rancho Cielo’s very own restaurant, which is open to the public. Brighter Bites is ensuring under-resourced families in the Salinas Valley, known as the Salad Bowl of the World, appreciate and enjoy the fresh fruits and vegetables that have made their hometown world famous. They deliver fresh fruits and vegetables — as well as a healthy serving of education about nutrition — to students and their families. Thanks to the generous donations of local growers, more than 3,500 families across 15 schools are benefiting from this initiative, with many more schools ready to join. “Over 400 families line up to receive their Brighter Bites boxes at our school,” said Veronica Hernandez, principal for Arroyo Seco Academy. “We are proud to partner with Brighter Bites to ensure that our families have access to high-quality, nutritious produce and learn how to use this fresh, local produce to make healthy choices.” Youth Orchestra Salinas Rancho Cielo Youth Campus Brighter Bites — SUSAN MERFELD, PRESIDENT

2022 Annual Report 7 Scholarship Academy The Scholarship Academy is the signature program of Pebble Beach Company Foundation. This program provides broad-based educational assistance through scholarships and financial aid. The Academy focuses on two areas: Community Scholarships for Monterey County youth organizations and Company Scholarships for the children of Pebble Beach Company employees. Through our decades of experience, we have seen the positive impact scholarships have on students from pre-kindergarten to postgraduate levels. Evelyn Pebble Beach Company Scholar University of California, Davis Biological Sciences Lizet American Assoc. of University Women Scholar California State University, Monterey Bay Nursing Cameron Pebble Beach Company Scholar San Jose State University Hospitality & Event Management When Evelyn isn't studying for her Dental Admission Test, she is working as a dental office receptionist and substitute teacher. After graduating from UC Davis, Evelyn went on a dental mission trip to Costa Rica, further cementing her dream of becoming a dentist — whether it's in her hometown of Salinas, or wherever life takes her. Cameron fell in love with the Pebble Beach Concours d’Elegance when his dad brought him to the event as a kid. After seeing "some of the coolest cars I've ever seen," Cameron now spends his entire year preparing for that week as the Installations & Operations Coordinator for the Pebble Beach Concours d ‘Elegance. Cameron landed his dream job this spring after completing his degree in Hospitality, Tourism and Event Management at San Jose State. Julian Pay It Forward Scholarship Scholar California State University, Monterey Bay Sustainable Hospitality Management Julian is a first-generation college student who is on track to graduate a semester early with honors. He successfully navigated his first year completely online, with the goal of entering the hospitality industry in Monterey County. In addition to maintaining a job since high school, Julian is an avid golfer and enjoys mentoring local high school and fellow CSUMB students. Through her work as a caregiver, Lizet has seen firsthand how language barriers can inhibit understanding of diagnoses and treatment, and delay or postpone medical treatment. She feels strongly that the medical field needs diverse representation and plans to advocate for minority groups in her role as a nurse when she graduates with her BSN from CSUMB next year.

8 Financials AUDITED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDING DECEMBER 31 PEBBLE BEACH COMPANY FOUNDATION ANNUAL GIVING REVENUE AND SUPPORT Net contribution and fundraising revenue $ 3,098 $ 2,325 Total investment (loss) income (3,635) 2,230 Total net revenues and support (538) 4,556 EXPENSES Grants and scholarships 1,369 1,227 General and administrative 124 114 Total expenses 1,493 1,341 CHANGE IN NET ASSETS $ (2,031) $ 3,215 2022 2021 ASSETS Cash and cash equivalents $ 1,582 $ 1,298 Investments at fair value 19,775 22,090 Total assets 21,357 23,388 LIABILITIES - - NET ASSETS $ 21,357 $ 23,388 STATEMENT OF FINANCIAL POSITION STATEMENT OF ACTIVITIES ($’s in thousands) Note: Totals may not add due to rounding. For youth in their formative years, there is nothing more important than consistent and reliable support. With the generous contributions of our donors, Pebble Beach Company Foundation has been able to strategically grow its giving so that we can consistently provide support, no matter the market conditions — even increasing our giving during the COVID-19 pandemic. $14.1M in giving since 1975 There are many ways to make a gift to support our work: • Cash (check, credit card or wire transfer) • Stocks or Securities • Gifts of Life Insurance • Gift Planning / Estate Gifts • Charitable IRA Rollovers • Matching Gifts • Community Partners For more information contact: Susan Merfeld, President [email protected] ● 831.649.7651 1.4M 1.2M 1.6M 1.2M 1.0M 2022 2021 2020 2019 2018 Camp SEA Lab

COMMUNITY PARTNERS CALIFORNIA AMERICAN WATER • CHEVRON NORTH AMERICA • IEQ CAPITAL LLC • VIRUS GEEKS WE ARE HONORED TO RECOGNIZE THE FOLLOWING DONORS for their gifts received between January 1 and December 31, 2022 GIFTS OF $100,000 & ABOVE Robert Bishop • COM Family Foundation • Peter Kalikow • Melissa & David MacNeil Jill & Tom Peck • The Swordspoint Foundation GIFTS OF $25,000–$49,999 Anonymous Ann & Chris Cox Bret Curtis Dito Devcar Foundation Sherry & Ed Gilbertson Audrey & Martin Gruss Foundation Jim Irsay ITN Holdings LLC Charles Johnson John W. Johnson Rob Kauffman Frank Lee Peter & Patricia Loux Charitable Fund Richard McRae Karen & Charles Nearburg James A. Patterson Frank Quattrone & Denise Foderaro Lisa & Eric Schigiel Kim & Jon Shirley Laura & Jack Boyd Smith, Jr. Harry Yeaggy Anonymous Penny & Lee Anderson Karen & Rich Atwell Auriga Collection Camilla & Stephen Brauer Catherine & Gary Briggs Mark R. Brinker Kim & Stephen Bruno Sandra & Martin Button Kingsley & Jack Croul J. Hornor Davis IV Robert Davis David & Teresa Disiere Foundation Mr. & Mrs. James K. Dobbs III Adele Eddie Evelyn & Jim Fasnacht Jean & Donald Ghareeb Peter Goodwin Richard Gorman Paul Gould James Greene, Jr. Tom Hartley Jnr Heinecke Family Leslie Heumann Jeannie & Rob Hilarides Jackson Family Foundation Carolyn & Robert Jenkins Allyson & Bob Kavner Ken Okuyama Design Co., Ltd. Christopher Koch Peter E. Lacaillade Anne Brockinton Lee, Trustee - Robert M. Lee Foundation Samuel Lehrman The Little Car Company GIFTS OF $10,000–$24,999 GIFTS OF $50,000–$99,999 Robin & Peter Barker Fritz Burkard - The Pearl Collection Cynthia & Edsel Ford Museum of Automotive Art, LLC Margaret & Andy Paul PRC Holding Ltd. Mark J. Smith Estate 2022 Donors 2022 Annual Report 9 Pamela & John Mader Emily & Sam Mann Thomas Maoli Bruce R. McCaw Family Foundation Gwen & John McCaw Hamid Moghadam B. P. Moser Trust Pat Munday Beth & Ross Myers North American Car, Truck and Utility of the Year Anthony Noto Thomas M. O'Gara Pamela & Edward Pantzer Dr. Jonathan Pellegrin Todd Martin Pickup Bill Pope Gwen & Tom Price Jami & Roberto Quiroz David Reese John W. Rich RSUI Indemnity Company Howard Schaevitz Ronit & Elad Shraga Daniel Sielecki Stefanie & Robert Skinner Cheryl & Bill Swanson David A. Sydorick Debbie & Jack Thomas Nancy & James Utaski Kathleen Valiasek & Russell Schmit The Rob & Melani Walton Foundation Kendra & Peter Wilde Rick Workman The Zavala Harris Charitable Fund

10 Anonymous Richard Adatto Diane & James Archer ASI Automotoclub Storico Italia Lauren & Blake Atwell Susan & Steve Babinsky Susan B. & John H. Barrett Beam Suntory Marc Behaegel John Bentley Susan and John Boken Caddie Services, Inc. Car Spares (Distribution) Ltd. Wayne Carini Larry & Juana Carter Charitable Fund Margie & Joseph Cassini III John Chen Jamie & Scott Cielewich Harry Clark & Hilary Barr Christine & Johnny Crowell Ron Danz Mercedes De Luca Donaghy Sales Craig Duchossois W. McComb Dunwoody Charlie JF Elliott Epic Golf Club Finley Ewing Joseph S. Freeman Kathy & Jim Fuchs Dr. Raphael Gabay Umberto Galloni Susan & Dennis Garrity - Event USA The Glickenhaus Foundation Sasha Goodman Ruth & Wayne Gray McKeel Hagerty Thomas Hamann Sandra Hansen Jan & Peter Harburg Lynn & Michael Harling Jo & Mike Heffernan Rich Heley Lee Herrington Jann Heumann Alma Hill Paul Hoffman Charles Scott Hulme Mark Hyman The Ingram Collection Italdesign Craig R. Johnson Family Foundation Peter Kappeler Jeila & Knox Kershaw Ketel One USA Kittenbrink Family Foundation Richard M Kovacevich Kurtz Family Foundation Bill Lane Ken Langone Gregg Lemkau Katharina & Michael Leventhal Lexus of Orlando Dirk Libeert Gerard Lopez The William Lyon Family Ron Maggard Mark C. Mammel Karl Matthies Fund Kimberly & Eddie Montini Mortlach Scotch Steve Morton The Mosaic Foundation (of R.& P. Heydon) Merle & Peter Mullin Raffi Najjarian Stefano Natoli GIFTS OF $2,500–$9,999 2022 Donors OMG Media Group Barbara & Bill Parfet Penner Family Foundation Randy & Brian Pollock Gene Ponder Patricia & David Porter Judith Ann & James R. Raible, Jr. Betsy & Sam Reeves Chuck Reimel Milli Ricciardelli Jerry F. Rosenstock Sherry & Paul Roshka Corinne & Lenny Sands Nancy & James Scharfeld Nicholas S. Schorsch Strada e Corsa Wendy & Jonathan Segal Jill & John Shibles Colin M. Short Ryan Smith Soderstrom Family Charitable Trust Filippo Sole Jane & Larry Solomon Amy & Chuck Spielman Anthony Spikes James Sprague Warren A. Stephens Ben Sutton Taylor Farms Jean & Rich Taylor, Vintage Rallies, Inc. Robert Tiffin, Jr. Tito's Handmade Vodka Valerie & Aaron Weiss John H. White Jamie Widdoes Foundation for Monterey County Free Libraries Pebble Beach Junior Golf Assoc.

2022 Donors Anonymous Charlie Allen Dr. David Altchek Michael Angelakis Ted Balestreri Teddy Balestreri Janet & Phillip Banks Richard Barrett Alice Ann & William P. Battle Don Beall Ken Beall Christopher Berman Ernesto Bertarelli Aneel Bhusri David Buchanan Ross Buchmueller Carroll & Strong Builders, Inc. Michael F. Carter Steve Cassriel Hollis Cavner Woodworth Clum Struan Coleman, M.D. Don Colleran Dick Cook Harry Crosby Bunny & Craig Davis Murray Demo Thomas R. Devlin Steven J. Didion Art Dunkley Eugene Dupreau Erin & David Eichenbaum Dr. Neal ElAttrache Patrick Fallon Tom Fargo Fenton & Keller Brian Ferris Jonna & Tony Ficco Warren Fields Larry Fitzgerald Fortessa Tableware Solutions Peter Foss Wendy & Michael Franz Thomas Frist Frontier Golf Doris & Ralph Gilles Olav Glasius Shirley & Gary Gregersen Scott Grundfor Terry Hackett Jeff Halpin Thomas M. Hamilton John Harris Matthew J. Hart Adam Heieck Andrea & Ron Hein Frank C. Herringer David A. Heuck Nancy & James Hoak Kevin Holleran Teri & Alan Hoops Jackson Hsieh Walter Hussman Brittany & Rob Ianuario IEQ Capital LLC Kelley James Dr. Christian J. Jenny Johnnie Walker Alastair Johnston The Hon. Sir Michael Kadoorie Ron Keating Richard Kelleher Carol & Chuck Keller Roxy & Steve Klein Peter Larsen & Ben Erickson Mark Lazarus Alexander N. Lilley Rob Lynch Greg Maffei Adeline & Ralph Marano Flavien Marcais Chandra & Judah Matthews Joe Mayernik Kim & Mitch McCullough Mike McKee Greg McLaughlin Don McNamara Stan Meresman Max Messmer Al Michaels Moet Hennessy Sam Movizio (Australia) John H. Myers Courtney & James Nantz Shantanu Narayen Gregory B. Northcraft Jonathan Nudi Bayo Ogunlesi Jane & Val Pakis Cary Patterson Christine Perocchi Gary Petersen Jeff Pickard Hank Plain Polsinelli Billy Prim Dan Quayle William Rhodes Reuben F. Richards Mr. Peter Roberts Mary Kay & Charles Ruck Roy Ryu Jeffrey Saper Therese & John Sawin Tim Schantz Stacey & Joshua Scherling Rod T. Schinnerer Scott Schoelzel Scott Seymour Davis Sezna Fred Shaheen Peter O. Shea Cristin & Michael Shute Michelle & Steve Snyder Barry Sternlicht Lee J. Styslinger III Chris T. Sullivan Ken Swanstrom Jerry Tarde Richard G. Thau Ginny & Peter Ueberroth William Van Devender Gary Vandeweghe Tom Werner Jeff Wildin Michelle & Steve Wolf Rick Wurster Michael Yamaki Geoff Yang GIFTS OF $1,000–$2,499 2022 Annual Report 11 Patrick Abadilla LeBon G. Abercrombie Deb & Steve Aitchison Martin Allard Hubert Allen Cruz Almaraz-Esparza Robert E. Andreae Grant Annen Tonya Antle Michele Archie & Howard D. Terry Robert Baker Kristopher Bartlett David Berkowitz Kurtis Bettencourt Paul Bianchi Anthony Blair Norman Blanco Chris Bock Mike Bona John W. Boone Debra Bradley Justin Bray Peter Brown Julie K. Bullas Patricia C. Burke Jim Callahan Koko & John Carlson Grant Carmichael Cheryl Carter Shawn M. Casey Jorge Castaneda Kevin Causey Chelsea Colangelo Linda Cooley Ron Coulter Pat & Chris Current Ted Davis Donald Davison Charles J. Delahay Massimo Delbo Elizabeth D. & Robert T. Devlin Stan Dickison Daryl Dobrenz Luc Donckerwolke William G. Doolittle Drake Dutschke Donald Eastman Ilana Enns GIFTS UP TO $999

12 49ers Foundation Alvarado Street Brewery Bacardi Bernardus Winery Chandon Garden Spritz Chappellet Winery Christine Jayne Wellness DAOU Family Estates Katie Denbo Donaghy Sales Far Niente Glenn Hammer Hawaii Food & Wine Festival Lake Merced Golf Club Laurent–Perrier US Le Creuset Links & Kings Mission Ranch Monterey Peninsula Country Club Morgan Winery Musty Putters Jim Nantz NCGA – Poppy Holding, Inc. Ojai Valley Inn On The Rocks Premium Cocktails O’Shaughnessy Winery Pasatiempo Golf Club Pebble Beach Company Pebble Beach Concours d’Elegance Peppers Mexicali Café Pisoni Family Vineyards Quail Lodge & Golf Club Reyes Coca-Cola Bottling Riggs Distributing, Inc. RNDC–USA San Pellegrino SC30, Inc. Sherman Chu Photographer Ryan Smith Southern Glazer’s Wine & Spirits Jean & David Stivers Tehama Golf Club Tito’s Handmade Vodka Vineyard 29 Williams Selyem Wine Society Jesse Essaff Kent & Jain Farnsworth Charitable Fund Colin Feichtmeir Brandon Ferch Jeffrey Ferezan Ryan Fitzpatrick Aaron Flink Jerry Floyd Patrick Freeman Jeffrey B. Froke Jeffrey Fuller Gabrielle M. Garza Michael Georgariou William George James Giancola Milva Gobbi Tony Gonzales Peter Gombrich Dan Green Phillip Grether David Gross David M. Hall Maggie Hardy Janine & Michael Hattem Micah Hawbaker Kandace Hawkinson Erica Head Patrick Healy Mary Kay Higgins Sara Higman Lawrence H. Holden Michael Jackson Richard Jackson Kathryn & Sean Jacobs David Johnson Maria & Peder Jorgensen Robert Jones Sheila & Bob Joynt Elliot Katz Patrick Kennedy Robert Kent Dale Kincaid Daniel Kreer Brian T. Kronenberger Eric & Angela Lippert David Liskin Dean Littlewood Miles S. Lundquist Luke Mangan Dave Marek Ruth Ann Marshall Jo Ann & Tom Martindale Dr. Tom Matano Richard Mayer Ann L. McAuliffe Stephen T. McClellan Sandi & Al McEwan Alton McEwen Rex McKenzie Rob McKenzie Steve McNally Lisa Mefford Zach Melchiori Hugh Menin Susan Merfeld Harold Millan, Jr. Ben Miller Roy Miller Monterey Bay RV Rentals Wayne R. Moon Stephen Morange Matthew J. Myers Jessika Neufeld Dana Newquist Gage Newton Lorenzo Ontiveros Jin Park Richard Patterson Peerless Coffee Company Cassie Peters David R. Peterson James Pitts Marissa & Leland Powels James N. Press Alejandro Puga Jack Purcell 2022 Donors GIFTS UP TO $999 cont'd Mike Raggett Keith Ramage Sydney Ramskill Kathleen & Jim Randazzo John Readey Thomas Reddy James Rice Ann Rojas Woody Salkin Susan Santy Margaret Schoch Leona & Larry Seidell Preeti Sharma Geoffrey H. Sharp Kathleen Sierra Kendall Smith Shawn Smith Bobby G. Sparks Horace Spaulding Jack Steffen Jean & David Stivers Diane Stracuzzi Paxson Swartz Vijay Toke Eileen & Col Hector Topete Megan Trowbridge Tiana Tufono Trevor Usken Susan C. Uydess The Verbonich Family Jay Ward Jeff Wardwell Robert D. Webster Jacob Whitson Allan K. Winn Martin Wolf Marianne Zabbo IN-KIND GIFTS —PAUL ROSHKA, DONOR It is rewarding to know our contributions to the Foundation help deserving students realize their dreams.

2022 Annual Report 13 Under the exceptional leadership of Chairman Sandra Button, the Pebble Beach Concours has amassed an impressive total of over $35 million in direct donations since its inception. Each year, these contributions positively impact the lives of over 10,000 children. Prominent beneficiaries such as Boys & Girls Clubs of Monterey County, Seneca Family of Agencies, Montage Health Foundation, Natividad Foundation, Salinas Valley Health Foundation, Rancho Cielo, MY Museum and United Way of Monterey County directly benefit from the generosity of the Concours. Expressing deep gratitude, Sandra acknowledges the unwavering support of those who gather at Pebble Beach to celebrate automotive excellence while simultaneously raising essential funds for those in need. “I am motivated to continuously surpass my giving goal each year when I get the opportunity to visit our charities and see the work they have done to turn dollars into programs that will positively impact our community for decades," Sandra said. "This year, I visited the outpatient infusion center at Salinas Valley Health and was impressed by the incredible need filled that was made possible by our donors. Having an outpatient center is especially important for children who can now receive their medication outside of a hospital setting where many of them have spent too much of their lives already. The infusion center offers financial counseling, language interpretation services and social services for families in need.” Sandra extends appreciation to the dedicated organizations that ensure these funds are effectively utilized for the betterment of our community. Signature Events Argyle, old-fashioned golf clubs and the sound of bagpipes are plentiful at this annual Foundation fundraiser. Since its inception in 2010, the Hickory Sticks Invitational has raised over $860,000 in support of the Foundation’s programs and scholarships, benefiting Monterey County youth. Now in its 11th year, this sell-out event draws plenty of locals as well as eager players from across the country who want to test their skills with the old equipment — a humble reminder of the skill once required to score par. Legendary sports announcer Jim Nantz often makes a guest appearance and has announced playoff rounds to the delight of the players. Aside from the thrill of the game, players also enjoy world-class culinary treats from Hay’s Place, libations and signature cocktails from our generous corporate sponsors and sweeping views of the bay from Pebble Beach’s famed short course, The Hay. Grab your knickers and join us! The 2022 Pebble Beach Concours d’Elegance raised over $2.5 million for charitable causes, a remarkable achievement that surpasses pre-pandemic fundraising efforts. Renowned for their commitment to excellence, the Pebble Beach Concours and Pebble Beach Company have long been champions of local charities throughout Monterey County. By collaborating with Pebble Beach Company Foundation, the Concours maximizes its annual impact by channeling funds towards more than 95 remarkable nonprofit organizations focused on the health and well-being of the region’s youth. HICKORY STICKS INVITATIONAL PEBBLE BEACH CONCOURS D'ELEGANCE

Pebble Beach Company Foundation is a 501(c)(3) tax-exempt nonprofit organization nonprofit organization as recognized by the IRS. ©2023 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 13, top to bottom — Kimball Studios, Sherman Chu P.O. Box 1767 ● Pebble Beach, CA 93953 831.649.7651 Tax ID # 51-0189888 BENEFITING Give with confidence. We have been evaluated by Charity Navigator and have earned a Four-Star Rating, the highest possible rating on Charity Navigator. Ventana Wilderness Alliance