Donna L Martins & Edward E Martins Foundation is located in Danville, CA. The organization was established in 1980. 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. Donna L Martins & Edward E Martins 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 11/2022, Donna L Martins & Edward E Martins Foundation generated $885.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 61.0% each year . All expenses for the organization totaled $80.1k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Donna L Martins & Edward E Martins Foundation has awarded 60 individual grants totaling $512,775. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE & EDUCATIONAL DONATIONS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $776,877 | 
| Interest on Savings | $1,443 | 
| Dividends & Interest | $59,171 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $47,466 | 
| Capital Gain Net Income | $47,466 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $884,957 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $14,329 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $4,141 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $20,514 | 
| Total operating and administrative expenses | $42,194 | 
| Contributions, gifts, grants paid | $37,931 | 
| Total expenses and disbursements | $80,125 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,600 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $278 | 
| 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 | $680,650 | 
| Net Land, buildings, and equipment | $5,277 | 
| Other assets | $2,638 | 
| Total assets | $2,112,271 | 
| 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 | 
Over the last fiscal year, Donna L Martins & Edward E Martins Foundation has awarded $37,931 in support to 13 organizations.
| Grant Recipient | Amount | 
|---|---|
| AMERICAN ASSOCIATION - UNIVERSITY WOMEN PURPOSE: CHARITABLE-EDUCATIONAL | $100 | 
| CITY OF HAYWARD PURPOSE: CHARITABLE-EDUCATIONAL | $6,400 | 
| CENTRO SOCIAL MONSENHOR JULIO A MARTINS FOUNDATION PURPOSE: CHARITABLE-HUMANITARIAN | $4,500 | 
| DOCTORS WITHOUT BORDERS PURPOSE: CHARITABLE-HUMANITARIAN | $200 | 
| DRESS FOR SUCCESS PURPOSE: CHARITABLE-HUMANITARIAN | $748 | 
| FRIENDS OF CHABOT COLLEGE PURPOSE: CHARITABLE-EDUCATIONAL | $21,933 |