This prestigious, invitation-only competition is not only a spectacle of beautiful motorcars; it also serves as a fundraiser for nearly 100 charities throughout the Monterey Peninsula.Robb Report
PEBBLE BEACH COMPANY FOUNDATION
Our Primary Charitable Partner
The Pebble Beach Company Foundation is celebrating over 40 years of giving. It now impacts the lives of more than 10,000 children annually in Monterey County.
Despite the fact that Monterey County is iconic—with its stunning natural beauty, world-class golf courses and its designation as a bucket-list travel destination—there is a troubling epidemic in the community. Sixty-seven percent of third-grade children cannot read at their grade level. Twenty-five percent of children under the age of 17 live below the poverty line. More than 50,000 residents require monthly food assistance. It is these figures, and ultimately these lives, that the Pebble Beach Company Foundation seeks to improve.
In 1975, the Pebble Beach Company Foundation was born with a mission to provide youth with the building blocks of success, starting with literacy and education. “Education, especially literacy, is a central focus of the Pebble Beach Company Foundation,” says Bill Perocchi, CEO of Pebble Beach Company. “We believe that education is critical for individuals to rise out of poverty. The money raised for and by the Foundation, and in turn distributed to our community partners, helps address this need.”
In 2018, the Foundation will support more than 80 of the region's best youth-focused nonprofit educational programs by offering a record $1 million in grants and scholarships.
In keeping with its focus on education, the Foundation is also working with the Concours to oversee the Phil Hill Scholarships program created to honor racing great and longtime friend of the Concours Phil Hill and encourage the next generation of automotive enthusiasts.
Pebble Beach Company Foundation is a 501(c)3 organization (Tax ID#51-0189888) and all donations are tax deductible.
In addition to all the charities that receive funding through our philanthropic arm, the Pebble Beach Company Foundation, we also have established charity partnerships with others including United Way Monterey County.
We also support a select group of charities through an annual Charity Drawing. To learn more about this year's participating charities, click here.