Ray And Diana Martin Family Foundation
- Assets
- $349.2k
- Revenue
- $34.3k
- Investments
- $267.5k
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 95-4671304
Organization Overview
Ray And Diana Martin Family Foundation is located in Pasadena, CA. The organization was established in 1998. 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. Ray And Diana Martin Family 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 12/2021, Ray And Diana Martin Family Foundation generated $34.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $40.8k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Martin President/secretary | 0 | $0 | |
Stephen Martin Director | 0 | $0 | |
Theresa Cochran Director | 0 | $0 | |
Rebecca Gallagher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $10,698 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,646 |
| Capital Gain Net Income | $23,645 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $559 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,540 |
| Contributions, gifts, grants paid | $38,275 |
| Total expenses and disbursements | $40,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,685 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $349,186 |
| 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, Ray And Diana Martin Family Foundation has awarded $38,275 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
PALOS VERDES PERFORMING ARTS PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $13,600 |
ROLLING HILLS UNITED METHODIST CHURCH PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $6,600 |
PENINSULA FRIENDS OF THE LIBRARY PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $5,000 |
San Pedro, CA PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $2,500 |
PALOS VERDES ART CENTER PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $1,250 |
CHILDCARE WORLDWIDE PURPOSE: TO PROVIDE SUPPORT TO THE ORGANIZATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |
Ben And Catherine Ivy Foundation Scottsdale, AZ | $302,350,252 | $12,975,372 |