Guadalupe And Lilia Martinez Foundation
- Assets
- $35.7m
- Revenue
- $2.1m
- Investments
- $33.9m
- Employees
- 0
- Location
- Fairview, TX
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 74-3005930
Organization Overview
Guadalupe And Lilia Martinez Foundation is located in Fairview, TX. The organization was established in 2001. 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. Guadalupe And Lilia Martinez 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, Guadalupe And Lilia Martinez Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Guadalupe And Lilia Martinez Foundation has awarded 428 individual grants totaling $23,807,674. 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 |
|---|---|---|---|
Shirley Gonzalez President/director | 30 | $80,000 | |
Robert Gonzalez Treasurer/director | 35 | $65,000 | |
Robert J Gonzalez Jr V-President/director | 20 | $75,000 | |
Ana S Gonzalez Secretary/director | 20 | $75,000 | |
Claudia Y Gonzalez Director | 25 | $35,000 | |
Nadia A Gonzalez Advisory/director | 3 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,299 |
| Dividends & Interest | $1,069,950 |
| Net Rental Income | $2,801 |
| Net Gain on Sale of Assets | -$116,797 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,169,398 |
| Total Revenue | $2,129,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $350,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94,952 |
| Depreciation | $0 |
| Occupancy | $1,023 |
| Travel, conferences, and meetings | $14,849 |
| Printing and publications | $0 |
| Other expenses | $105,410 |
| Total operating and administrative expenses | $773,080 |
| Contributions, gifts, grants paid | $1,475,247 |
| Total expenses and disbursements | $2,248,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $1,556,676 |
| Net Accounts receivable | $50,517 |
| 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 | $2,138,516 |
| Net Land, buildings, and equipment | $140,306 |
| Other assets | $36,800 |
| Total assets | $35,678,718 |
| 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, Guadalupe And Lilia Martinez Foundation has awarded $1,915,247 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
AZTECA ECONOMIC DEVELOPMENT CITIZENSHIPNATURALIZATION SERVICES PURPOSE: OPERATING FUND | $10,000 |
AREA HEALTH EDUCATION CENTER PURPOSE: OPERATING FUND | $35,000 |
BETHANY HOUSE PURPOSE: OPERATING FUND | $80,000 |
BOY SCOUTS OF AMERICA SOUTH TEXAS COUNCIL PURPOSE: OPERATING FUND | $5,000 |
BEST FRIENDS FOR LIFE INC PURPOSE: OPERATING FUND | $5,000 |
BOYS AND GIRLS CLUBS OF LAREDO PURPOSE: FUND YOUTH ATHLETIC PROGRAMS | $50,000 |