Public Charity

MONTERRA COMMUNITY FUND

MONTERRA COMMUNITY FUND is a Public Charity headquartered in REDWOOD CITY, CA. Financial data from the 2024 filing: $11K revenue, $76K expenses, $411K total assets. 4 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.

EIN: 850663372 REDWOOD CITY, CA Latest filing: 2024
Total Revenue$11K
Total Expenses$76K
Total Assets$411K
Grant Records4
Funding Total$2.1M
Filing Years2020–2024

Mission

MONTERRA COMMUNITY FUND IS A 501(C)(3) NONPROFIT FUND CREATED BY MONTERRA CREDIT UNION TO SUPPORT OUR COMMITMENT TO FINANCIAL WELLNESS IN OUR COMMUNITY.

Officers & Directors

CFO & TREASURER David Diamond
SECRETARY Suzanne Knowlton
DIRECTOR Valerie Alsip
PRESIDENT Wade Painter

Officer compensation and complete director data available with membership.

Top Grant Purposes

Other
$2,025,000 1 grant
Community Development
$29,865 1 grant
FIRE RELIEF IN SUPPORT OF PUENTE, SECOND HARVEST OF SILICON VALLEY
$20,000 1 grant
COMMUNITY EMERGENCY
$10,800 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $11K $76K $411K
2023 $640K $832K $507K
2022 $12.2M $12.1M $1.6M
2020 $11.1M $10.7M $1.4M

Between 2020 and 2024, reported annual revenue declined from $11.1M to $11K (-100%), with total assets most recently reported at $411K.

Interactive year-over-year charts and full filing details available with membership.

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