Monterey Peninsula Foundation awards grants to nonprofit organizations that benefit the community in the focus areas of Arts & Culture, Community & Environment, Education, Health & Human Services, and Youth. The Foundation's geographic funding area includes Monterey, Santa Cruz and San Benito Counties in Central California, with limited grants to organizations in Northern California.
The Foundation's principal source of funds is the AT&T Pebble Beach Pro-Am. Approximately 205 grants are approved a year, averaging $30,000. The AT&T Pebble Beach Pro-Am started as the Crosby in Southern California in 1937. Since its inception, Monterey Peninsula Foundation has given millions of dollars to organizations in Monterey, Santa Cruz, and San Benito Counties. In the 2015/16 fiscal year, the Foundation donated $10.8 million to support local nonprofits in the tri-county area we serve.