The Pebble Beach Foundation was established with the mission to “raise and distribute funds for charitable purposes for the education or benefit of the community” Official name change to Pebble Beach Company Foundation Founding Board: Michael Berwind, Howard Chickering, James Leathers, Jr., Ronald Murov and Kerry Smith First grant: $3,000 to Monterey Peninsula Jaycees Inception of scholarship program for PBC employees' children; four $1,500 scholarships awarded Annual giving tops $100,000 Mark Verbonich elected Board President Granting shifts to primarily youth programs Granting guidelines est. as Monterey Peninsula only; focus on civic, culture & the arts, education, social services, youth $50,000 pledged to the newly opened Monterey Bay Aquarium to sponsor the Sandy Shore Aviary Decade 1 81 awards $188,100 in giving Decade 2 127 awards $395,600 in giving Much has changed over the past 50 years, but one thing remains constant: Pebble Beach Company Foundation’s unwavering commitment to education, local youth development, and the critical organizations that support their growth. As we celebrate five decades of service, we invite you to take a journey through our history, explore the milestones that have shaped our mission, and see how your support has helped empower the next generation of community leaders across Monterey County and beyond. 2 our history 1975 1976 1984 1987 1992 1994 1995 2001 Decade 3 314 awards $887,800 in giving Check presentation to Monterey Museum of Art, 1978
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