Fairchild-Martindale Foundation
- Assets
- $10.5m
- Revenue
- $561.0k
- Investments
- $9.0m
- Employees
- 0
- Location
- Corona, CA
- Founding
- 02/1969
- Data as of
- 12/2022
- EIN
- 23-7001273
Organization Overview
Fairchild-Martindale Foundation is located in Corona, CA. The organization was established in 1969. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairchild-Martindale 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, Fairchild-Martindale Foundation generated $561.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fairchild-Martindale Foundation has awarded 269 individual grants totaling $7,053,500. 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 |
|---|---|---|---|
Sarah Keller Trustee | 10 | $24,000 | |
Sarah Cox Trustee | 10 | $36,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $64,042 |
| Dividends & Interest | $466,766 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,095 |
| Capital Gain Net Income | $27,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,049 |
| Total Revenue | $560,952 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,613 |
| Total operating and administrative expenses | $217,144 |
| Contributions, gifts, grants paid | $1,017,000 |
| Total expenses and disbursements | $1,234,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,128 |
| Savings and temporary cash investments | $1,426,695 |
| 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 | $10,453,542 |
| 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, Fairchild-Martindale Foundation has awarded $1,017,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA PURPOSE: GENERAL | $5,000 |
CHP-99 FOUNDATION PURPOSE: GENERAL | $15,000 |
EISENHOWER MEDICAL CENTER PURPOSE: GENERAL | $10,000 |
CHILDRENS HOSPITAL LOS ANGELES PURPOSE: MEDICAL CLINIC | $100,000 |
DESERT COMMUNITY FOUNDATION PURPOSE: ELDORADO SCHOLARSHIP FUND | $5,000 |
BOYS AND GIRLS CLUB OF PASADENA PURPOSE: GENERAL | $7,000 |