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EIN 26-4732039

Preserve Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Carmel
State
California
Year formed
2009
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Preserve Community Foundation's primary mission is to provide funds to support educational scholarships for economically disadvantaged children in Monterey County. Scholarship grants cover tuition and fees, aiming to help families educate their children at educational institutions. The Foundation has provided scholarships based on financial need and granted $109,771. It also has an emergency relief fund that provides financial awards to employees, spouses, and children in cases of serious an emergency.
Total revenues
$1,838,953
2023
Total expenses
$226,931
2023
Total assets
$3,321,347
2023
Num. employees
0
2023

Program areas at Preserve Community Foundation

Provided scholarships (based on financial need) to help families educate their children at educational institutions - $172,532emergency relief fund:emergency financial awards are granted to employees, their spouses and their children in cases of serious and extraordinary circumstances such as medical emergencies, natural disasters or other unforseen life-changing events. The Foundation will not fund credit card expenses, utility bills and minor car/house repairs, absent exceptional circumstances such as disaster relief or other catastrophic events - $26,056

Grants made by Preserve Community Foundation

GranteeGrant descriptionAmount
Scholarship AmericaAssist in Organization's Charitable Purpose$150,417
EdaidGeneral Support$10,684
Regents of the University of California at IrvineGeneral Support$10,000

Who funds Preserve Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Forster Family FoundationGeneral & Unrestricted$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$176,000
DAFgiving360Education$148,448
...and 15 more grants received

Financials for Preserve Community Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,716,163
Program services$0
Investment income and dividends$128,499
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-5,920
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$211
Total revenues$1,838,953
Data update history
May 27, 2025
Received grants
Identified 3 new grant, including a grant for $111,790 from Fenwick Community Fund
January 27, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 27, 2025
Updated personnel
Identified 1 new personnel
January 13, 2025
Received grants
Identified 4 new grant, including a grant for $50,000 from Seattle Foundation
November 26, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from The Jim and Diane Coward Family Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 222301
Carmel, CA 93922
Metro area
Salinas, CA
County
Monterey County, CA
Phone
(415) 981-2966
IRS details
EIN
26-4732039
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0184613
FTB Entity ID
3191834
AB 488 data last updated ("as-of") date
2025-07-02
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