Altres Foundation
- Assets
- $2.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 36-4942620
Organization Overview
Altres Foundation is located in Honolulu, HI. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Altres 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 12/2022, Altres Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.6% each year .
Since 2020, Altres Foundation has awarded 50 individual grants totaling $694,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barron Guss President/director | 2 | $0 | |
Kerry Kopp Vp/treasurer/director | 1 | $0 | |
Siana Hunt Secretary/director | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,204,640 |
| Interest on Savings | $0 |
| 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 | $1,204,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,640 |
| Contributions, gifts, grants paid | $186,000 |
| Total expenses and disbursements | $190,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,544,516 |
| Savings and temporary cash investments | $0 |
| 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 | $2,544,516 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $125,000 |
| 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 | $125,000 |
Grants Awarded
Over the last fiscal year, Altres Foundation has awarded $186,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
GIRLS' EMPOWERMENT MISSION (GEM) PURPOSE: EMPOWERS HIGH SCHOOL GIRLS BY PROVIDING OPPORTUNITIES AND GROWTH EXPERIENCES | $2,500 |
HAWAII HEALTH & HARM REDUCTION CENTER PURPOSE: SOCIAL SERVICES AND HEALTH | $1,000 |
PBS HAWAII PURPOSE: ADVANCES LEARNING AND DISCOVERY | $5,000 |
HOOLA NA PUA PURPOSE: PREVENTION OF SEX TRAFFICKING AND PROVIDING CARE FOR CHILDREN WHO HAVE BEEN EXPLOITED | $50,000 |
KOKUA KALIHI VALLEY PURPOSE: UNRESTRICTED YEAR END GRANT | $5,000 |
ARC OF HILO PURPOSE: ENHANCE THE QUALITY OF LIFE FOR INDIVIDUALS WITH DISABILITIES | $50,000 |