Gerard And Carolyn Martin Foundation Inc
- Assets
- $1.3m
- Revenue
- -$17.1k
- Investments
- $818.3k
- Employees
- 0
- Location
- Odessa, FL
- Founding
- Data as of
- 12/2023
- EIN
- 86-1232605
Organization Overview
Gerard And Carolyn Martin Foundation Inc is located in Odessa, FL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gerard And Carolyn Martin 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 2021, Gerard And Carolyn Martin Foundation Inc has awarded 36 individual grants totaling $269,726. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Martin Trustee | 1 | $0 | |
Victoria Breitenfield Trustee | 1 | $0 | |
Cheryl Berg Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $742 |
| Dividends & Interest | $55,822 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$76,011 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,386 |
| Total Revenue | -$17,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $161 |
| Total operating and administrative expenses | $10,520 |
| Contributions, gifts, grants paid | $125,915 |
| Total expenses and disbursements | $136,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,701 |
| Savings and temporary cash investments | $167,722 |
| 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 | $200,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,267,757 |
| 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, Gerard And Carolyn Martin Foundation Inc has awarded $125,915 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CUES PURPOSE: ASSIST W/MISSION TO EDUCATE | $50,000 |
ANDREW WOMMACK MINISTRIES PURPOSE: SUPP FOR CHRISTAIN MINISTRIES | $9,500 |
ANCLOTE ELEMENTARY SCHOOL PURPOSE: PROVIDE GREEN SCREEN | $1,100 |
GILPIN HISTORICAL SOCIETY PURPOSE: CONTRIBUTE TO PERSERVE GILPIN COUNTY HISTORY | $1,000 |
GIRLS SCOUT TROOP #269 PURPOSE: ASST W/SILVER AWARD PURCHASE | $1,000 |
ALL SAINT'S EPISCOPAL CHURCH PURPOSE: RENOVATE ROOM | $6,500 |