Pebble Beach Company Foundation 2023 Annual Report

Annual Report

Youth on Course Contents Welcome Our Purpose Our Impact 2023 Grant Programs Financials 2023 Bright Spots Scholarship Academy Signature Events 2023 Donors 1 - 2 - 3 - 4 - 5 - 6 - 8 - 10 - 14 - Raising a Reader San Carlos School Big Sur Land Trust Youth Orchestra Salinas

Welcome 2023 Annual Report 1 Board of Directors Friends Hubert Allen Teddy Balestreri Mercedes De Luca Dan Green Judah Matthews Susan Merfeld Christine Perocchi John Sawin Cindy Zoller Silver Robert Skinner Jean Stivers 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 Pèpe Cassie Peters Barry Peterson Judith Ann Raible Woody Salkin Lee Ann Seber Holm Diane Stracuzzi Jeffrey Wallace DAVID L. STIVERS | CEO Pebble Beach Company SUSAN MERFELD | PRESIDENT Pebble Beach Company Foundation Dear Friends, It is our pleasure to share the 2023 Pebble Beach Company Foundation annual report, which highlights the wonderful youth education programs you help us support throughout Monterey County. Your generosity is the reason we have been able to impact more than 10,000 students annually by awarding nearly 100 grants to the region’s best youth-focused nonprofits. We are truly grateful you have joined us in our mission to impact the lives of Monterey County youth by making learning more accessible to everyone. For almost 50 years, the Foundation has provided funding to programs that cater to youth literacy, early learning, sports, the arts, and more. As we reflected on how we could make the strongest impact on this generation, we sat down with today’s leading educators to respond to their needs. We learned that our youth need a return to normalcy. Lost educational opportunities, worsening mental health and access to childcare have taken their toll and are barriers to success; however, optimism remains. Our community partners are grateful that we are in this together and committed to supporting solutions that will benefit our youth for years to come. We hope you find our annual report informative, compelling, and inspiring; there is much to be proud of in our collective efforts. We appreciate your belief in our work. On behalf of our Board, the charities we benefit, and especially the children we impact, thank you!

2 Our Purpose Our Vision 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. Our Mission To provide quality educational opportunities for Monterey County youth. We seek to provide every child in Monterey County with the means, opportunities, and experiences to grow and thrive on their journey to adulthood. We’ve learned that fostering the energy and determination of these young people requires tools, guidance and unique experiences. Each journey is different, but we know that every child who is prepared for school is likely to succeed both in and out of the classroom, complete a post-high school credential, and enter a promising career. Their inspiration comes from many sources, each as valuable as the next. Through trusted research and listening sessions with key education leaders around our community, we have defined six milestones to guide the success of our children. These milestones are at the forefront of our grant making. Youth who reach these milestones build a lifelong foundation of self-confidence and accomplishment. We are committed to providing solutions for our young people so, together, we can celebrate their achievements each step of the way. Living Our Mission 3Language & Literacy: Helping children read, write, and learn English in the elementary grades. 2Kindergarten Readiness: Preparing youth for their first year in school. 1 Early Childhood & Education: Ensuring access to quality, affordable early care and education. 4 Critical Thinking: Empowering middle school students to think critically and design solutions for realworld problems. Youth Development & Engagement: Providing mentoring and resources so children are socially and emotionally healthy and feel connected to the people and organizations in their lives. 6College & Career Readiness: Equipping students with the academic skills, financial resources, and knowledge to pursue their career aspirations.

Our Impact 2023 Annual Report 3 2023 AREAS OF GIVING 15% 27% 24% 17% 4% 4% 6% 3% TOTAL YOUTH EDUCATION $1,635,200 LPGA*USGA Girls Golf (1) $1,500,000 TOTAL GIVING $3,135,200 27% 17% 24% 15% 6% 4% 4% 3% YOUTH DEVELOPMENT SCHOLARSHIPS & FINANCIAL AID SOCIAL & EMOTIONAL EARLY CHILDHOOD MUSIC & THE ARTS PHYSICAL EDUCATION & SPORTS SCIENCE & ENVIRONMENT LITERACY $444,700 $391,300 $271,500 $246,900 $ 95,800 $ 66,000 $ 63,500 $ 55,500 (1) In 2023, Pebble Beach proudly hosted the U.S. Women’s Open for the first time. Through events in conjunction with the championship, $1.5M was raised in support of LPGA*USGA Girls Golf. This grant will provide girls increased access to the game, enriching their lives and opening doors. HISPANIC WHITE NOT DISCLOSED/OTHER ASIAN 51% 13% 21% 5% BLACK TWO OR MORE RACES AMERICAN INDIAN HAWAIIAN OR 1% 1% 4% 4% PACIFIC ISLANDER 51% 21% 13% 5% 4% 4% 1% 1% ETHNICITY MONTEREY PENINSULA SALINAS SOUTH COUNTY 40% 13% 35% NORTH COUNTY NOT DISCLOSED/ OTHER 6% 6% 40% 6% 6% 13% 35% REGION AGES 0–5 AGES 6–13 11% 45% AGES 14–18 AGES 19–26 36% 8% 45% 8% 11% 36% AGE In 2023, Pebble Beach Company Foundation made grants to nearly 100 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. NOTE: Grants often serve multiple issues, even though they are categorized under a primary area of giving. Grants are categorized according to the primary need the grant serves.

2023 Grant Programs 4 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 — BGCMC Brighter Bites California Missions Foundation Carmel High School Foundation Carmel Ideas Foundation Carmel Public Library Foundation Carmel River Watershed Conservancy CASA of Monterey County Central Coast YMCA Cesar Chavez Futbol Academy Chamber Music Monterey Bay Chartwell School CHISPA Community Human Services Community Partnership for Youth Del Monte Forest Conservancy El Sistema USA / Salinas Inc. (Youth Orchestra Salinas) Farm Discovery at Live Earth 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 Girl Scouts of California’s Central Coast 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 Loaves, Fishes & Computers LPGA*USGA Girls Golf (1) Lyceum of Monterey County McPherson College MEarth Montage Health Foundation Monte Vista School Monterey Academy of Oceanographic Science Monterey Bay Aquarium Monterey Condors Club Monterey County Pops! Monterey County Preschool Service Corps Monterey County Rape Crisis Center Monterey Symphony Monterey Institute for Research in Astronomy — MIRA Monterey Jazz Festival Monterey Museum of Art Monterey Peninsula College Foundation Monterey PONY Baseball / Softball, Inc. Monterey Public Library Friends & Foundation Museum Foundation of Pacific Grove Musikiwest MY Museum Natividad Foundation NCGA Foundation — Youth on Course Notre Dame High School Ohana Center for Child and Adolescent Behavioral Health 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 Read to Me Project Sacred Heart School Salinas Area Reading is Fundamental Salinas Regional Sports Authority Salinas Valley Health Foundation Salvation Army — Salinas San Carlos School Santa Lucia Conservancy Seneca Central Coast Sol Treasures SPCA Monterey County Special Kids Connect St. Angela’s Preschool Stevenson School Sun Street Centers Sunset Center The Equine Healing Collaborative The Wahine Project Trinity Christian School University Corp. at Monterey Bay — CSUMB Ventana Wilderness Alliance Ventana Wildlife Society Wonder Wood Ranch York School Youth Arts Collective Youth Music Monterey County YWCA Monterey County For almost 50 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. (1) See article on page 12. Brighter Bites Special Kids Connect

Financials 2023 Annual Report 5 There are many ways to make a gift to support our work: • Cash (check, credit card, 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 2023 was a remarkable year in many ways. Pebble Beach Golf Links hosted its first ever U.S. Women’s Open with a record amount of dollars raised for charity through some unique special events leading up to the Championship. Our annual fundraising events, including the Pebble Beach Concours d’Elegance and Hickory Sticks, enjoyed great success thanks to our loyal and generous donors. In the fall of 2023, we joined with Pebble Beach Company to relaunch the premier culinary festival in the country, Pebble Beach Food and Wine. In direct response to the gracious and generous support of our donors and participants in our special events, the Foundation was able to grant a record $3.1M, including a landmark $1.5M to Girls Golf. As always, donors to the Foundation can be confident knowing we are a volunteer-run foundation, with no paid staff. Our entire Board of Directors contributes alongside our donors. These facts help us achieve a Four-Star rating from Charity Navigator and a Platinum Candid seal from GuideStar. A Banner Year GIVE WITH CONFIDENCE We are proud to have received the highest possible ratings by the leading nonprofit rating organizations. AUDITED FINANCIAL STATEMENTS FOR THE YEARS ENDING DECEMBER 31 PEBBLE BEACH COMPANY FOUNDATION REVENUE AND SUPPORT Net contribution and fundraising revenue $ 4,970 $ 3,098 Total investment income 3,667 (3,635) Total net revenues and support 8,637 (538) EXPENSES Grants and scholarships 3,135 1,369 General and administrative 154 124 Total expenses 3,289 1,493 CHANGE IN NET ASSETS $ 5,348 $ (2,031) 2023 2022 ASSETS Cash and cash equivalents $ 3,640 $ 1,582 Other assets 750 Investments at fair value 23,571 19,775 Total assets 27,961 21,357 LIABILITIES (1,256) - NET ASSETS $ 26,705 $ 21,357 STATEMENT OF FINANCIAL POSITION STATEMENT OF ACTIVITIES ($’s in thousands) Note: Totals may not add due to rounding.

Monterey County Preschool Service Corps Supporting kindergarten readiness In Monterey County, only 25% of children entering kindergarten have age appropriate levels of language and literacy readiness. In 2019, Monterey County Preschool Service Corps (PSC) was launched to address the need for quality early childhood education in our community. Their mission is to support kindergarten readiness by offering individualized tutoring for low-income preschool children to develop language and literacy skills during their regular preschool day. Trained AmeriCorps tutors are placed in the classrooms, offering personalized activities. Tutors collaborate with classroom teachers and the children’s families to create intentional activity plans based on the student’s interests, while keeping the focus on language and literacy development. Last year, the program provided tutoring to three hundred preschool students, partnering with twenty preschool programs in Castroville, Gonzales, Greenfield, King City, Monterey, Salinas, and Seaside. “I see excellent progress in my son since Teacher Cynthia started working with him through the PSC program. He is getting one-on-one tutoring every day, and I feel confident of my son going into kindergarten.” — A PSC Parent An added benefit is PSC creates a workforce pipeline of future educators, as many of the tutors go on to work as preschool through 12th grade teachers — addressing the dire need for teachers in our community. Lyceum of Monterey County Acing History Day History Day is a year-long project launched by the Lyceum of Monterey County. The goal of the program is to spark critical thinking, while developing skills in research and analysis, writing, and public speaking. Students explore libraries, archives, and museums, bringing the pages of history books to life. They then share their projects in competitions that escalate from local to state to nationwide levels. When a seventh grader who loves golf was inspired to explore the history of the TaylorMade driver, he never could have dreamed that he would be presenting his findings to the company’s CEO. Or that TaylorMade would be presenting him with custom wedges. For Christopher, a seventh grader at All Saints Day School in Carmel Valley, word of his project titled, “At the Frontier of Golf: The TaylorMade Driver,” made its way to TaylorMade CEO David Abeles at the 2023 TaylorMade Pebble Beach Invitational. So Abeles invited Christopher as a VIP guest to the event and gave a personal tour of the PGA TOUR equipment truck where drivers are dialed in for the pros on a weekly basis. Abeles then listened as Christopher shared his presentation, before sharing with Christopher that TaylorMade also had something to share — a pair of custom wedges. Christopher finished his day with a lesson on the range with those new wedges, capping a History Day that will never be forgotten. 2023 Bright Spots 6 “Pebble Beach Company Foundation is committed to supporting the most creative and innovative initiatives by local nonprofits in addressing the pressures facing our youth.” — SUSAN MERFELD, PRESIDENT

Museum Foundation of Pacific Grove Naturalists in Training Pacific Grove’s Museum of Natural History opened in 1883 and is one of the oldest natural history museums in the U.S. The collection has a deep diversity of the Central Coast’s flora, fauna, and historical artifacts and stories. The Museum Foundation of Pacific Grove was created to advance the Museum’s mission to inspire discovery, wonder, and stewardship of our natural world. The Naturalists in Training internship is a year-long program for high school students, who are trained in natural history, conservation, and science education. Using their new knowledge and skills, they mentor younger museum visitors, earning volunteer credits and a stipend. The interns help plan and lead science activities, art projects, games, and more for one week of camp. The interns and campers learn about their place in a rapidly changing world and how they can make a difference. A recent intern was accepted at a dozen of the top universities across the country. She sent a note of appreciation to the Museum Foundation: “I could not have achieved any of this without you! What I learned at the PG Museum has heavily influenced what I want to do in the future. I am really interested in climate technology and how policy, business, and social systems converge as we work to mitigate the climate crisis and other environmental issues. I am still contemplating where to go next fall, but I do plan on majoring in either environmental engineering, biology, or another STEM major, and possibly dive into economics, data science, or policy as well.” The Equine Healing Collaborative Changing the way people heal Young people are experiencing unprecedented stress levels in these challenging times. Limited access to standard mental health services is an obstacle and many must wait a long time for an appointment, or cannot afford help. Through our grant, The Equine Healing Collaborative (EHC) is bridging the gap by providing low to nocost sessions for young people in need who lack insurance or sufficient funds. EHC provides Equine Assisted Psychotherapy (EAP) with licensed marriage and family therapists and social workers, specifically trained in EAP, using rescued horses and donkeys. Youth referred to the program may be experiencing a variety of mental health conditions including depression, anxiety, post-traumatic stress disorder and, in some instances, suicidal ideation. Access to EAP can mitigate these symptoms. EHC received a call from a Spanish-speaking mother who was trying to find help for her daughter, who was also on the call to interpret. The family was asked if they had health insurance. They didn’t. Could they afford to pay anything on EHC’s generous sliding scale? They couldn’t. The young girl seemed to be getting worried. When she was told a grant was available that would pay for her treatment, three times she repeated: “For free?” When EHC confirmed it, she started sobbing. She had been trying to get help for months. 2023 Bright Spots 2023 Annual Report 7

Scholarship Academy 8 The Scholarship Academy is the signature program of Pebble Beach Company Foundation. Providing 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. After graduating from UC Davis with a degree in Psychology in 2020, Maritza is finishing her final semester in Cal State Monterey Bay’s Master of Social Work Program, with the goal of becoming a school counselor. Inspired by her immigrant parents, Maritza is a proud first-generation college graduate. The Seaside High alum is excited to work with students and is thankful for the guidance counselors gave her throughout her educational journey. Maritza values forming and maintaining quality relationships, as well as establishing a healthy work/life balance. Maritza Pebble Beach Company Scholar UC Davis - Psychology California State University, Monterey Bay Master of Social Work As a first-generation college student, Brandon began his educational journey at Hartnell College to pursue an associate’s degree in kinesiology and to continue competing in Cross Country and Track & Field. Through over 500 hours of community service, including tutoring first graders, Brandon discovered that he enjoys helping others. His career goal is to become either a physical education teacher, athletic trainer, or physical therapist’s assistant for a school in Salinas, where he was raised. Brandon hopes that in pursuing one of these careers, he can create awareness of the importance of a healthy and active lifestyle. Brandon Community Scholar: CHISPA Hartnell College - AA in Kinesiology California State University, Monterey Bay BS in Kinesiology

Scholarship Academy 2023 Annual Report 9 A recipient of Cal State Monterey Bay’s Outstanding Future Alumni Award, Elijah has been a valued leader in the school’s Pay It Forward Scholarship & Mentoring Program. “Pay It Forward pushed me to do better” says Elijah. “It focuses on academic excellence and I would not have been involved in the other programs here on campus without the support and encouragement of the program. My mentor offered me a lot of advice and helped me make good choices.” Elijah was also an active member of the AgriBusiness Club and a frequent volunteer at First Tee — Monterey County. He is excited to start his career at Taylor Farms as a supervisor. Elijah Community Scholar: Pay It Forward California State University, Monterey Bay BS in Business Administration Concentration in AgriBusiness Julia earned the opportunity to experience a unique summer at Wake Forest University, participating in their Sports Medicine Institute. Immersed in the leading sports medicine program, she participated in fascinating lectures, hands-on training with renowned orthopedic surgeons, and even a surgical skills challenge in a mock operating room. The experience reaffirmed Julia’s desire to pursue a degree in sports or emergency medicine. In the meantime, Julia tends to her family’s small farm in Jamesburg — a rural region of Carmel Valley that is an hour commute from Carmel High. Every morning, Julia and her younger sister wake before sunrise to care for their livestock. And at the end of her long commute from high school, Julia is there every evening to care for her animals. Julia Community Scholar: Carmel High School Foundation Ron Stoney Educational Pathways Program Senior, Carmel High School Together we are helping these students chase their dreams. Through our decades of experience, we have seen the positive impact scholarships have on students from pre-kindergarten to postgraduate levels.

Signature Events 10 The Pebble Beach Concours d’Elegance has been a proud partner to Pebble Beach Company Foundation for nearly five decades, and I want to offer a special word of thanks to everyone who has made this partnership a success. From its beginning in 1950, amidst celebrating great cars, the Pebble Beach Concours sought to raise funds to help people in need. Initially it did that by partnering with volunteer organizations to oversee program and poster sales, which then earned a portion of the proceeds. As the Concours grew and its charitable efforts expanded, it sought to partner with a 501(c)(3) that could accept and better distribute charitable donations. Pebble Beach Company Foundation came into being in 1975 — and with the help of our entrants, judges, volunteers, and sponsors, the Concours continues to be a significant source of funding. Ours is an active and thoughtful partnership that benefits both the local community and the car world while truly helping people in need. This past year we were instrumental in helping Pebble Beach Company Foundation vet and fund a new program at Rancho Cielo teaching at-risk teens how to repair and restore collector cars. Contributions were made in memory of Don Williams, a leading automotive legend who participated in the Concours for over 50 years, sharing more cars than anyone else in his lifetime. Thank You from Pebble Beach Concours d’Elegance Join us for the 73rd Pebble Beach Concours d’Elegance Sunday, August 18, 2024

Meet Donor Chris Bock: A life of cars, kids, and community service Chris Bock has two seemingly divergent passions — celebrating great cars and helping kids in need — but they come together at unexpected times and places, most notably with the Pebble Beach Concours d’Elegance and Pebble Beach Company Foundation. Chris fell hard for cars when he was a crossing guard in grade school in the early 1950s. A 1941 Packard 180 Super Eight Sedan pulled to the front of a house nearby and Chris watched as the driver adjusted all the windows — electrically. It was a magic moment. “It was the first time I realized cars could be more than transportation,” says Chris. When he could drive, he purchased a Packard of his own (a 1947 sedan for $65), traded up for a convertible, then bought a “classic” 1931 Packard Custom Eight Touring Sedan. He also joined the Packard Club and the Classic Car Club of America and went on tour for the first time in the fall of 1962, at age 17. Along the way, he heard about the Pebble Beach Concours d’Elegance and became determined to see it for himself. Because it was pouring rain, and had been for days, the 1963 Pebble Beach Concours was held beside the stables, but it still impressed Chris: “It was like finding the holy grail, a field full of many of the most important and sought after cars of all time.” Chris moved from his hometown of Berkeley to the Monterey Peninsula in 1969, working initially with Union Oil and then becoming a real estate broker. A decade later, wanting to start a family, he adopted a child through the Children’s Home Society, then learned the local office would be closing. He was among a group of people who fought to save it — and when those efforts failed, they created a new Children’s Services Center (later renamed Kinship Center, and now Seneca). “It was needed,” says Chris simply. A founding board member, he was active in the organization for decades as it expanded from its initial focus on adoptions to providing foster care and a wide range of services and advocacy for children in need as well as their families. Along the way, Chris began to foster some of the more hard-to-place children, and that continued even after he moved away. His fosters now number more than 100, many of whom remain in his life today. Over the years, Chris continued to attend the Pebble Beach Concours, and there too his attendance turned to service. He was tapped to be a judge in 1973, a Chief Class Judge in 1983, and moved into the role of Chief Judge in 2013. He has served on the Car Selection Committee since its founding, and he plays a key role in field and ramp operations, moving cars quickly to the awards stage if they are prone to overheating or slowing the pace when needed. He also serves as wise consultant (and quiet sounding board) to Chairman Sandra Button, her staff and numerous judges, entrants, and restorers — and his advice can be sage: back in the early 1980s, it was Chris who first floated the idea of gathering all six Bugatti Royales at Pebble Beach. “Being part of the Pebble Beach Concours, watching it grow, bringing cars and enthusiasts together from all over the globe, has been a dream come true.” Over the years, Chris has consistently made donations to the Foundation in remembrance of key car enthusiasts. These contributions have helped support entities near to his heart such as Seneca Central Coast and Rancho Cielo that provide education and advocacy for children, including programs to help students learn auto repair and restoration skills. Through his charitable giving, Chris has brought his two passions together: saving great kids and saving great cars. Signature Events 2023 Annual Report 11 “Being part of the Pebble Beach Concours, watching it grow, bringing cars and enthusiasts together from all over the globe, has been a dream come true.”

U.S. Women’s Open at Pebble Beach Celebrating the past, showcasing the present, and inspiring the future Last July, Pebble Beach was honored to host its first ever U.S. Women’s Open (USWO), in which 156 of the world’s best female golfers competed for their game’s most coveted prize and the largest purse to date in women’s golf. Hawaii’s Allisen Corpuz surged to victory in the final round, earning her spot on the Wall of Champions behind the 1st tee at Pebble Beach Golf Links next to Jack Nicklaus, Tom Watson, Tiger Woods, and Viktor Hovland, among other greats of the game. The inspirational stories extended far beyond the competition: nearly all past champions of the USWO assembled for a very rare reunion; an all-female crew led a U.S. Navy flyover to kick-off the July 4th celebration; a team of 35 female groundskeepers flew in from around the country to assist in course preparation; and accomplished junior girls joined past USWO champions and executives from ten leading companies at “All In at The Hay.” This was more than just a fun celebration of women’s golf; as the charitable partner for “All In at The Hay” and the “Friends of Pebble Beach” event, Pebble Beach Company Foundation raised $1.5 million for LPGA*USGA Girls Golf (Girls Golf), the largest single contribution ever received by the organization. Girls Golf is the only junior golf program for girls ages 6–17 that specializes in providing girl-friendly environments to learn the game of golf. While making golf fun and teaching more than just stance and swing, the program also teaches girls valuable life skills like confidence and perseverance. Girls Golf raises funds to reduce financial barriers for junior golf participation, including bringing new golf sites to communities with limited access, providing scholarships, enhancing curriculum, refreshing golf supplies, and providing resources to girls with financial needs. One of Girls Golf’s first commitments of these funds was to support the Girls Golf Program at the Monterey Chapter of the First Tee in Salinas, California. Pebble Beach Company shared a vision with the USGA that hosting the USWO at Pebble Beach Golf Links would shine a spotlight on the women’s game at all levels. The 2023 USWO showcased the best female golfers in the world competing for the most coveted trophy in the women’s game at Pebble Beach Golf Links, and as a result inspired female golfers of all ages. Pebble Beach Company looks forward to hosting three additional U.S. Women’s Opens over the next quarter century and one U.S. Senior Women’s Open. Signature Events 12 Hickory Sticks Open For a dozen years, the Hickory Sticks Open has wowed as the signature event of Pebble Beach Company Foundation, raising nearly $1 million. Buoyed by tremendous community support, as well as frequent cameos from neighbor Jim Nantz, the unique experience of playing golf with hickory sticks among friends at The Hay is still a hit. The fun is further enhanced with culinary treats from Hay’s Place, as well as libations and signature cocktails from our generous corporate sponsors. Visit our website to grab your foursome for July 20th!

Signature Events 2023 Annual Report 13 Pebble Beach Food & Wine Back and better than ever After a five-year hiatus, Pebble Beach Food and Wine has returned. The festival, which took place in April 2024, had many of the same hallmarks as past events, including more than 100 of the best chefs and wineries from across the globe. In a key difference from prior events, Pebble Beach Company Foundation acted as the host organization, with proceeds benefiting our mission. Other charitable partners included the James Beard Foundation and The Roots Fund. The Foundation, in partnership with Pebble Beach Company, used the relaunch as an opportunity to leverage the successes of the past, with improvements to make the Food and Wine even better. Renowned chefs Andrew Zimmern, Stephanie Izard, Jeremiah Tower, and Michael Mina joined many others to contribute to the world-class epicurean experiences. In addition, an expanded open-air pavilion centered around a live 30,000-pound cypress tree gave attendees a true sense of place for the Saturday and Sunday Grand Tasting events. The Foundation Table Amid the relaunch of Pebble Beach Food and Wine, another tradition was born. On Friday of the event weekend, the Foundation hosted its first annual Foundation Table Dinner. Driven by the underlying concept that our community is one big family, the Foundation Table was an opportunity to come together and enjoy world-class cuisine for a great cause. The Foundation teamed up with four-time James Beard Award-winning TV personality, chef, writer, and social justice advocate Andrew Zimmern to lead students from Rancho Cielo’s Culinary Academy, where young people facing challenges are equipped for success through diploma education, vocational training, counseling, and life skills development, in a safe and affirming environment. Sommeliers from The Roots Fund, an organization dedicated to empowering Black, Indigenous, and People of Color (BIPOC) in the wine industry, poured wines donated by Fine and Rare, and Donum Estate. This memorable and inspiring evening, while celebrating culinary excellence, was all in support of the youth of Monterey County. The Foundation Table is now an instant classic — not to be missed! Mark your calendars for next year’s event. Pebble Beach Food & Wine April 10–13, 2025

2023 Donors 14 AT&T CALIFORNIA • CALIFORNIA AMERICAN WATER CHEVRON NORTH AMERICA • IEQ CAPITAL LLC • VIRUS GEEKS WE WERE HONORED TO RECEIVE GIFTS FROM THE FOLLOWING DONORS January 1 through December 31, 2023 Anonymous Auriga Collection Boeckmann Charitable Foundation Camilla & Stephen Brauer Buchmueller Family Foundation Kevin Camper Douglas Cohen Copley Motorcars Ann & Chris Cox Sherry & Ed Gilbertson Joseph Guerra J Squared Family Foundation Ann & John W. Johnson Robert Kauffman David Kenney Barbara & Irvin Kessler Frank Lee Mary Meeker Brad Mlynar Todd Martin Pickup The Radziwill Family Ron Rivera Phillip Sarofim Daniel Sielecki Laura & Jack Boyd Smith, Jr. Scott Smith Michelle & Robert Stevens Timothy Strader Harry Yeaggy Anonymous John & Becky Allen Charitable Fund American Junior Golf Association Penny & Lee Anderson David Beam Clive Beecham John Bentley Dr. Terry Bramall Mark R. Brinker Kim & Stephen Bruno Fritz Burkard - The Pearl Collection Sandra & Martin Button Cable Family Foundation Karra L. Canum John Clark & Gayle Pirie Graham Clempson Kingsley & Jack Croul Renea & Duncan Dayton Peter DesForges David & Teresa Disiere Foundation Lisa & Jimmy Dobbs Evelyn & Jim Fasnacht Jeffrey Fisher Patty & Jim George Donald Ghareeb Jim Gianopulos Richard Gorman Paul Gould James Greene, Jr. Robert E. Griffin Richard Griot Matthew J. Hart Tom Hartley Jnr Leslie Heumann Peter S. Kalikow Craig A. Kappel Allyson & Bob Kavner LAPIS Michael Angelakis Steve Arizpe Lord Bamford Robin & Peter Barker Ross Buchmueller Charles Schwab Chevron Cisco Coca-Cola Company & Arca Continental The Commonwealth Foundations Finley Ewing Bradley A. Greene Michael Isaacman ITN Holdings LLC Jackson Family Foundation Julie & BJ Jenkins Lexus LPGA Foundation Bob Miller Morgan Stanley Brian Niccol Anthony Noto Margaret & Andy Paul Frank Quattrone & Denise Foderaro Linnea & George Roberts Mindy & Jesse Rogers Rolex Jin Roy Ryu Santander Stefanie & Robert Skinner Warren A. Stephens Ben Sutton Walmart Michelle & Gregory Whitten GIFTS OF $10,000–$24,999 GIFTS OF $50,000–$99,999 GIFTS OF $25,000–$49,999 COMMUNITY PARTNERS AT&T • Ernesto Bertarelli • Christopher Koch • Jill & Tom Peck • Ryan Smith Dot & Jim Patterson GIFTS OF $100,000 & ABOVE GIFTS OF $750,000 & ABOVE

2023 Donors 2023 Annual Report 15 Anonymous Richard Adatto Alex Albarian Tonya Antle Diane & James Archer Atwell Family Susan & Steve Babinsky Bret Baier Wendy & Kitt Baldwin Beam Suntory Susan and John Boken Catherine & Gary Briggs Mary & John Campbell Carroll & Strong Builders, Inc. Larry & Juana Carter Charitable Fund John Chen Robert A. Cleary DAOU Family Estates Mercedes De Luca Gary Edwards Hans Emeren The Ann M. Fagan Charitable Foundation Bruce Failing Fiskens Leon Flagg & Curtis Lamon Joseph S. Freeman Rebecca & Brendan Gallagher Susan & Dennis Garrity Golden Brands Renee & Donnie Gould Virginia G. & John D. Groendyke McKeel Hagerty Thomas Hamann Mr. & Mrs. H. William Harlan Lynn & Michael Harling Jo & Mike Heffernan Heinecke Family Rich Heley Joan & Lee Herrington David A. Heuck Jann Heumann Dr. Peter Heydon Tisa & Billy Hibbs Jeannie & Rob Hilarides Tiffany & Paul Hoffman Lee Ann & Carl Holm James Hussey Mark Hyman Cameron M. Ingram Jim Irsay Peter Kappeler Karen & Dennis Kazmerowski Knox Kershaw Peter Klutt and Ryan Klutt Robert Kudela Bill Lane Lexus of Orlando Richard D. Lisman William Lyon Lawrence Magnus Mark C. Mammel The Mancuso Family Dannie & Craig McLaughlin Richard McRae Arnold Meier Steve Morton Merle & Peter Mullin John H. Myers Gregory B. Northcraft Penner Family Foundation Patrick Peronnet Randy & Brian Pollock Peggy S. Preiser Judith Ann & James R. Raible, Jr. Mary & Steven Read David Reese Betsy & Sam Reeves Michael Regalia Jeff Rhodes Milli Ricciardelli Richard K. Roeder Jerry F. Rosenstock Alois Ruf Susan & Neal Ryan Jeffrey Saper Helga Schäfer Stacey & Joshua Scherling Scott Schoelzel Jonathan Segal Jill & John Shibles Colin M. Short Randy Simon & Sharon Swart Amy & Chuck Spielman James Sprague Graham Stone Streetworks Exotics Carrie & Terrence Sullivan Taylor Farms Emma & Gary Taylor, M.D. Richard G. Thau Tito’s Handmade Vodka Turf Star, Inc. Valerie & Aaron Weiss D.L. Withers Foundation Geoff Yang Yanni Family Fund - Philip Yanni Egon Zweimueller GIFTS OF $2,500–$9,999 cont ’d GIFTS OF $2,500–$9,999 GIFTS OF $10,000–$24,999 cont ’d BGCMC Samuel Lehrman & Maureen Kelly Carl Linder III Jeff Lotman Emily & Sam Mann Thomas Maoli Samantha & Brian Murphy Beth & Ross Myers Karen & Charles Nearburg Kiyoyuki Ken Okuyama Dr. Jonathan Pellegrin Gary Petersen Price Family Foundation RM Sotheby’s Anne Brockinton Lee, Trustee — Robert M. Lee Foundation Bill Rooklidge Mary Kay & Charles Ruck Gail & Howard Schaevitz Russell C. Steiner Barry Sternlicht Cheryl & Bill Swanson Ginny & David Sydorick Debbie & Jack Thomas Nancy & James Utaski Kendra & Peter Wilde Janet Williams & Sons - Blackhawk

2023 Donors 16 Anonymous Lee Ainslie Caroline Bailey and Family Ted Balestreri Teddy Balestreri Janet & Phillip Banks Richard Barrett Susan and John Barrett Dan Bartlett Alice Ann & William P. Battle Don Beall Ken Beall Michael Berchtold Christopher Berman Bernardus Winery Charles Richard Bonebrake CADDIEMASTER Canning Properties Group Michael F. Carter Steve Cassriel Hollis Cavner Struan Coleman Dick Cook Harry Crosby Murray Demo Scott DeSano Thomas R. Devlin Diageo Americas Inc. Steven J. Didion Art Dunkley Erin & David Eichenbaum Kent Farnsworth Larry Fitzgerald Peter Foss Patrick Freeman James Giancola Doris & Ralph Gilles Olav Glasius Peter Gombrich Dan Green Jason Green Scott Grundfor Terry Hackett Jeff Halpin Thomas M. Hamilton Sterling Hammond & Suzanne Edwards John Harris Hathaway Dinwiddie Construction Co. Adam Heieck Pam & Peter Hemken Edward D. Herlihy Frank C. Herringer Nancy & James Hoak Kevin Holleran Jackson Hsieh Joseph Huston Rob Ianuario Kelley James Alastair Johnston Robert Jones The Honorable Sir Michael Kadoorie Linda & David Kane Ron Keating Carol & Chuck Keller Roxy & Steve Klein Tom Klein Richard M Kovacevich Josh Kroenke Peter Larsen & Ben Erickson Mark Lazarus Alexander N. Lilley Siegfried Linke Terry Lundgren Caroline MacDonald Greg Maffei Ron Maggard Adeline & Ralph Marano Dave Marek Chandra & Judah Matthews Geoffrey Mavar Joe Mayernik Mike McKee Greg McLaughlin Stan Meresman Matthias Metz Al Michaels Moët Hennessy Sam Movizio Myers Restaurant Supply James Nantz Shantanu Narayen Newport Meat Southern California Jonathan Nudi Christopher E. O’Donnell Brett Overman Jane & Val Pakis Cary Patterson Christine Perocchi David Peterson Jeff Pickard Hank Plain R.E. Planitzer Eric Plott Polsinelli Billy Prim Dan Quayle Sara Quiroz Lucy & Rick Rawlins Theodore L. Reimel Stephen Reyes William Rhodes Reuben F. Richards Sherry & Paul Roshka Cathy & Tom Ryan Therese & John Sawin Tim Schantz Rod T. Schinnerer Scott Seymour Davis Sezna Fred Shaheen Craig Shilling Cristin & Michael Shute Cindy & Richard Silver Mark Smucker Michelle & Steve Snyder Anthony Spikes George Still Jean & David Stivers Chris T. Sullivan Jerry Tarde Gregg Tryhus William H. Tyler III Ginny & Peter Ueberroth US Foods Gary Vandeweghe Stewart Wallace Carl Webb Tom Werner Mike Whan Martin Wolf Tedd Zamjahn GIFTS OF $1,000–$2,499 GIFTS UP TO $999 Anonymous LeBon G. Abercrombie Rhyza Abungan Deb & Steve Aitchison Martin Allard Hubert Allen Peter Anastos Robert E. Andreae Bryan Anthony Alissa Anton Christy & Jeffrey Appleang Michele Archie & Howard D Terry David Armanasco Robert Baker Ashley Barnes Mary Barraza David Barrett Kristopher Bartlett Patrick Baxter David Berkowitz Paul Bianchi Madeline Boettcher Carl Bomstead Mike Bona Debra Bradley Jasmine Briggs Brooke & Dallas Brown Peter Brown David Brynan Julie Bullas John Bunting Jeff Burghardt & Nicole Doré Patricia C. Burke Stokes Burtis Bruce Campbell Christopher Carey Carmel Realty Company Grant Carmichael Cheryl Carter Shawn M. Casey Gregory Chagaris Jing Chambless Linda Cooley Ron Coulter Michelle & Martin Cousineau Chris Current Gilbert Curry Yvonne Daniels Carlos de Quesada Alex Deboni Charles Delahay Massimo Delbo Elizabeth D. & Robert T. Devlin

2023 Donors 2023 Annual Report 17 49ers Foundation Alvarado Street Brewery Marchese Piero Antinori Ari & Jennifer Bai Bob Basham Beam Suntory Benziger Bernardus Winery Bettinardi Beverly Hills Sports Council BrandVia Chandon Garden Spritz Dakota Shy Winery DAOU Family Estates Katie Denbo Diageo Americas, Inc. George Etheridge Far Niente Golden State Warriors Glenn Hammer Hawai’i Food & Wine Festival Justin Vineyard & Winery Laurent–Perrier US Le Creuset Links & Kings Mission Ranch Musty Putters Ojai Valley Inn On The Rocks Premium Cocktails Pebble Beach Company Pebble Beach Concours d’Elegance Chef Rich Pèpe Peppers Mexicali Café The Preserve Quail Lodge & Golf Club Reyes Coca-Cola Bottling Riggs Distributing, Inc. Paul & Sherry Roshka San Pellegrino Sherman Chu Photographer Silver Oak Cellars Stag’s Leap Jean & David Stivers Chris Sullivan Tehama Golf Club Tito’s Handmade Vodka Williams Selyem GIFTS UP TO $999 cont'd IN-KIND GIFTS MIRA Luc Donckerwolke William G. Doolittle Drake Dutschke Donald Eastman Wallace Emmert, Jr. Jack Enbom Brendan Engebretsen Ilana Enns Michael Feher Colin Feichtmeir Brandon Ferch Jeffrey Ferezan Ryan Fitzpatrick Aaron Flink Jerry Floyd Captain Barbara Ford USN (Ret.) Thomas Frist Jeffrey B. Froke John M. “Chip” Fudge Jeffrey Fuller James Fuqua Mark Fuqua Ricky Gamundi Gabrielle M. Garza Bradford Gebert Todd Gilmour Milva Gobbi Anthony J. Gonzales Sarah Greeley David M. Hall Janine & Michael Hattem Micah Hawbaker Kandace Hawkinson Sarah Hayes Erica Head Travis Heath Mary Kay Higgins Sara Higman Hannah Hill Zabrina Hobbs Jennifer & Lawrence Holden Al Holmstrom Bill Howes Jonathon Huber Huber Family Grant Hunt Kayla & Jeff Ippoliti Michael Jackson Kathryn & Sean Jacobs Robert E. Jacobsen David Johnson William Johnson Sheila & Bob Joynt Elliot Katz Patrick Kennedy Dale Kincaid Daniel Kreer Brian T. Kronenberger Charles Krpata Rick Kunnath Brandi Lasater Jeffrey Latta Pamela Lindsay Angela & Eric Lippert David Lisken Dean Littlewood Alex Lorca Roy Magnuson Luke Mangan Ruth Ann Marshall Tom Matano Richard Mayer Ann L. McAuliffe Stephen McClellan Kim McCullough Sandi & Al McEwan The McNair Family Steve McNally Ron Meeker Lisa Mefford Susan Merfeld Michael Montanti Stephen Morange Miles Morris Kerry Morse & Lizett Bond Steven Murphy Christopher Musci Kristen Musson Jessika Neufeld Noelle Newman Richard W. Nutter Lorenzo Ontiveros R. L. Ord John Osier Whitney Overocker Stephen Paniagua Jin Park Richard Patterson Cassie Peters Barry Peterson James Pitts Jim Press Philip Price Mike Raggett Thomas Reddy Niels Reimers James Rice Dennis Riley Ann Rojas Cleide Rosa Col. H. Gary Roser USMC (Ret.) Paul F. Sable Woody Salkin Susan Santy Chhoun Sean Leona & Larry Seidell Geoffrey H. Sharp Kathleen Sierra Lucas Slijpen Kendall Smith Dr. Scott & Susy Spiro Bill Spurling Jack Steffen Diane Stracuzzi Ralph Thompson III John Thornbeck Nelson V. Thorpe Eileen & Col Hector Topete Megan Trowbridge Tiana Tufono Susan C. Uydess Mark Valentine Dominic Van Nes George Vassos R.D. Verbanec Ruben Verdes Gordo Vivar Karen Walsh Jeff Wardwell Allan Winn Marianne Zabbo

Pebble Beach Company Foundation is a 501(c)(3) tax-exempt nonprofit organization as recognized by the IRS. nonprofit organization as recognized by the IRS. ©2024 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: Front cover - El Sistema USA Salinas Inc. — Youth Orchestra Salinas; page 2 - Monterey County Preschool Service Corps; page 12 bottom - Sherman Chu; page 13 top - Nic Coury; page 13 middle and bottom - Sherman Chu; back cover top, left to right - Chartwell School, MY Museum, Farm Discovery at Live Earth; back cover bottom - Chartwell School. P.O. Box 1767 ■ Pebble Beach, CA 93953 ■ 831.649.7651 ■ Tax ID # 51-0189888 CE L E BR AT I NG YEARS