GrantAuthority

University Corporation at Monterey Bay

Grantmaking foundation in Monterey, California · EIN 77-0387459

Total giving
$13MTax year 2025
Total assets
$220MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

TO USE FISCAL FLEXIBILITY TO PROVIDE RESOURCES AND SERVICES NOT SUPPORTED BY THE STATE, OPERATIONAL EXPERTISE TO IMPLEMENT AND MANAGE COMMERCIAL ACTIVITIES AND ENTREPRENEURIAL ACUMEN TO GENERATE REVENUE IN SUPPORT OF THE UNIVERSITY'S STRATEGIC INITIATIVES. THE CORPORATION IS COMMITTED TO SUPPORTING THE UNIVERSITY IN BUILDING A MULTICULTURAL LEARNING COMMUNITY WHOSE PARTNERS ARE PREPARED TO CONTRIBUTE PRODUCTIVELY, RESPONSIBLY AND ETHICALLY TO CALIFORNIA AND THE GLOBAL COMMUNITY.

Quoted from the foundation's IRS filing.

Giving by year

$7.4M2021
$17M2022
$7.6M2023
$13M2024
$13M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
California State University Monterey Bay$15M2021
Foundation of California State University Monterey Bay$680K2021
Csu Dominguez Hills Foundation$250K2021
Hartnell College$180K2021
El Camino Community College$170K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.csumb.edu

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Similar foundations in California

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.