The Martine And Dan Drackett Family Foundation Inc
- Assets
- $9.2m
- Revenue
- $455.1k
- Investments
- $8.9m
- Employees
- 0
- Location
- Hailey, ID
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-3260056
Organization Overview
The Martine And Dan Drackett Family Foundation Inc is located in Hailey, ID. The organization was established in 2013. 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. Martine And Dan Drackett Family Foundation Inc 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 12/2021, Martine And Dan Drackett Family Foundation Inc generated $455.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $430.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Martine And Dan Drackett Family Foundation Inc has awarded 72 individual grants totaling $1,359,000. 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 |
|---|---|---|---|
Martine Montupet Drackett Vice Pres/se | 0.5 | $0 | |
Jean-Paul Montupet Director | 0.5 | $0 | |
Harry Rogers Drackett III President | 0.85 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33 |
| Dividends & Interest | $126,789 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $337,065 |
| Capital Gain Net Income | $336,976 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$8,774 |
| Total Revenue | $455,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $258 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $49,196 |
| Contributions, gifts, grants paid | $381,500 |
| Total expenses and disbursements | $430,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,074 |
| 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 | $566,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,151,964 |
| 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 |
Grants Awarded
Over the last fiscal year, The Martine And Dan Drackett Family Foundation Inc has awarded $381,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Sun Valley, ID PURPOSE: ANNUAL FUND/PERFORMANCE | $105,000 |
SUN VALLEY MUSIC FESTIVAL PURPOSE: ANNUAL FUND/GUEST ART | $100,000 |
New York, NY PURPOSE: FONDATION GAUTIER CAPUCON | $35,000 |
Los Angeles, CA PURPOSE: SCHOLARSHIPS | $30,000 |
Ketchum, ID PURPOSE: ANNUAL FUND | $25,000 |
MOUNTAIN HUMANE PURPOSE: ANNUAL FUND | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Skip Viragh Foundation Inc Reno, NV | $289,471,217 | $23,635,241 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |