Dolores Furtado Martin Foundation
- Assets
- $3.2m
- Revenue
- $286.6k
- Investments
- $2.8m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 99-0348924
Organization Overview
Dolores Furtado Martin Foundation is located in Honolulu, HI. The organization was established in 2000. 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. Dolores Furtado Martin 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 12/2023, Dolores Furtado Martin Foundation generated $286.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $252.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dolores Furtado Martin Foundation has awarded 106 individual grants totaling $1,164,062. 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 |
|---|---|---|---|
Watters O Martin Jr President/treasurer/director | 5 | $0 | |
Martha Ann Mahealani Riley Vp/secretary/director | 3 | $0 | |
Skye Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,524 |
| Dividends & Interest | $97,378 |
| Net Rental Income | $48,266 |
| Net Gain on Sale of Assets | $126,172 |
| Capital Gain Net Income | $126,172 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,515 |
| Total Revenue | $286,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,744 |
| Depreciation | $4,088 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80,952 |
| Total operating and administrative expenses | $101,563 |
| Contributions, gifts, grants paid | $151,160 |
| Total expenses and disbursements | $252,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,786 |
| Savings and temporary cash investments | $181,625 |
| 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 | $101,700 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,739,381 |
| Net Land, buildings, and equipment | $71,480 |
| Other assets | $76,122 |
| Total assets | $3,221,293 |
| 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, Dolores Furtado Martin Foundation has awarded $151,160 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON PLACE FOUNDATION PURPOSE: UNRESTRICTED GIFT | $2,000 |
MAUI FILM & RESEARCH INC PURPOSE: UNRESTRICTED GIFT | $5,000 |
HAWAII COMMUNITY FOUNDATION PURPOSE: UNRESTRICTED GIFT | $5,000 |
KUILEI CLIFFS PURPOSE: UNRESTRICTED GIFT | $10,000 |
BISHOP MUSEUM PURPOSE: UNRESTRICTED GIFT | $11,000 |
WAIOLA CHURCH PURPOSE: UNRESTRICTED GIFT | $20,160 |