Community Foundation for Monterey County Receives $18 Million Bequest

Community Foundation for Monterey County Receives $18 Million Bequest

The Community Foundation for Monterey County has announced an estate gift of $18 million — the largest gift in its history — from Charles de Guigné.

Born into a prominent San Francisco family with roots in the French nobility, de Guigné had no children and wanted his estate to be used for charitable purposes. After de Guigné's death in 2017, the title of his home was transferred to the foundation, with the proceeds of its eventual sale, per his wishes, benefiting the SPCA for Monterey County and the Montage Health Foundation. Earlier this month, the property sold for $18 million, with the proceeds used to establish and endow the Charles August de Guigné Charitable Foundation. When fully operational, the fund is expected to generate more than $800,000 annually for the local SPCA and Montage Health.

The SPCA will use its share of the funding to support its Treatment, Learning & Compassion (TLC) Program and to break ground on a specially designed TLC building that will provide a safe, dedicated space for rescued pets who need long-term compassionate care, training, socialization, and rehabilitation before they can be adopted.

"This incredibly generous and compassionate gift to the Community Foundation for Monterey County will make a deep impact on animal welfare in Monterey County," said SPCA for Monterey County executive director Scott Delucchi. "Charles de Guigné was a true friend to the SPCA for many years and was especially drawn to our mission of rescuing neglected and abused animals."

"We're honored Charles entrusted the Community Foundation for Monterey County with this extraordinary gift," said CFMC president and CEO Dan Baldwin. "We're so pleased we were able to take a complicated asset and transform it into a fund that will forever support the causes he cared about."

"Pebble Beach Estate Gift Creates $18 Million Charitable Legacy." Community Foundation for Monterey County Press Release 11/22/2019.