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.
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
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$11K
Total Expenses$76K
Total Assets$411K
Grant Records4
Funding Total$2.1M
Filing Years2020–2024
Where $100 goes at Monterra Community Fund
How Monterra Community Fund divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$60
During 2024, the organization provided grants to non-profit organizations located in san mateo county
$40
During 2024, the organization provided scholarships to students within san mateo county
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COMMUNITY EMERGENCY
$10,800
Community Development
$29,865
$2,025,000
FIRE RELIEF IN SUPPORT OF PUENTE, SECOND HARVEST OF SILICON VALLEY
$20,000
Showing up to 5 of 4 total records — full history available with membership.
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
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.