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
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