Charles D & Twyla R Martin Foundation is located in Laguna Beach, CA. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles D & Twyla R Martin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Charles D & Twyla R Martin Foundation generated $48.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles D & Twyla R Martin Foundation has awarded 58 individual grants totaling $1,083,445. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Twyla R Martin President | 2 | $0 | |
Fred Chaney Trustee | 1 | $0 | |
Gilbert Levasseur Trustee | 1 | $0 | |
Michael Kaye Trustee | 1 | $0 | |
Carl Mclarand Trustee | 1 | $0 | |
Michael Cancelleri Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,000 |
| Interest on Savings | $23 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,700 |
| Contributions, gifts, grants paid | $46,000 |
| Total expenses and disbursements | $48,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,222 |
| Savings and temporary cash investments | $506 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,728 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Charles D & Twyla R Martin Foundation has awarded $46,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHAPMAN UNIVERSITY PURPOSE: CHARITABLE | $40,000 |
ORANGE COUNTY MUSEUM OF ART PURPOSE: CHARITABLE | $200 |
ORANGE COUNTY ENDOWMENT FOR INTELLECTUAL ADVANCEMENT PURPOSE: CHARITABLE | $2,000 |
SEGERSTROM CENTER FOR THE ARTS PURPOSE: CHARITABLE | $3,800 |