our history
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.
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
Granting guidelines est. as Monterey Peninsula only; focus on civic, culture & the arts, education, social services, youth
1975
1987
1992
Decade 2 127 awards $395,600 in giving
Decade 3 314 awards $887,800 in giving
Founding Board: Michael Berwind, Howard Chickering, James Leathers, Jr., Ronald Murov and Kerry Smith
1976
1984
Mark Verbonich elected Board President
1994
First grant: $3,000 to Monterey Peninsula Jaycees
$50,000 pledged to the newly opened Monterey Bay Aquarium to sponsor the Sandy Shore Aviary
Granting shifts to primarily youth programs
Annual giving tops $100,000
Decade 1 81 awards $188,100 in giving
2001
1995
Inception of scholarship program for PBC employees' children; four $1,500 scholarships awarded
2
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