Pebble Beach Company Foundation Annual Report

Mark Verbonich retires from Board after 31 years of service As a result of COVID, Board of Directors votes to focus funding on Social & Emotional programs; largest grant in history is awarded to Montage Health Foundation to bring a licensed therapist into local middle schools First Hickory Sticks tournament raises $10,000 Susan Merfeld elected Board President Kathleen Lee appointed first Executive Director Annual giving tops $1,000,000 PBC Scholarship program tops $100,000 in annual awards PBCF becomes primary charitable partner of Pebble Beach Concours d'Elegance Friends of the Foundation founded Susan Merfeld retires from Board after 15 years Pebble Beach Food & Wine returns with Pebble Beach Company Foundation as host and beneficiary The Foundation Table fundraiser is launched featuring Chef Andrew Zimmern Articles of Inc. amended with new primary purpose: “To support youth education in Monterey County, and to provide such other support to non-profit charitable endeavors as the Board of Directors may determine.” Decade 4 542 awards $3,301,800 in giving Decade 5 991 awards $14,443,600 in giving Annual Impact Report 3 our history 2010 2011 50 Year Total 2012 2020 2017 2021 2024 Our Vision Education changes lives. For the past five 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. $19,216,900

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