The Martine And Dan Drackett Family Foundation Inc
- Assets
- $8.5m
- Revenue
- -$195.1k
- Investments
- $7.9m
- Employees
- 0
- Location
- Hailey, ID
- Founding
- 11/2013
- Data as of
- 12/2023
- 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.
Since 2018, Martine And Dan Drackett Family Foundation Inc has awarded 110 individual grants totaling $2,150,000. 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 |
|---|---|---|---|
Harry Rogers Drackett III President | 0 | $0 | |
Martine Montupet Drackett Vice Pres/se | 0 | $0 | |
Jean-Paul Montupet Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,625 |
| Dividends & Interest | $101,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$300,260 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$5,962 |
| Total Revenue | -$195,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $672 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $410 |
| Total operating and administrative expenses | $98,207 |
| Contributions, gifts, grants paid | $379,000 |
| Total expenses and disbursements | $477,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,050 |
| Savings and temporary cash investments | $504,191 |
| 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 | $1,196,434 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,221 |
| Total assets | $8,451,678 |
| 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 $379,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNTAIN HUMANE PURPOSE: ANNUAL FUND | $10,000 |
BLAINE COUNTY HUNGER COALITION INC PURPOSE: ANNUAL FUND | $4,000 |
ST LUKE'S WOOD RIVER FOUNDATION PURPOSE: ANNUAL FUND | $60,000 |
HOSPICE AND PALLIATIVE CARE OF THE PURPOSE: ANNUAL FUND | $8,000 |
SUN VALLEY MUSIC FESTIVAL PURPOSE: ANNUAL FUND/GUEST ART | $130,000 |
THE COLBURN SCHOOL PURPOSE: SCHOLARSHIPS | $30,000 |