Martin Fabert Foundation
- Assets
- $16.8m
- Revenue
- $328.2k
- Investments
- $12.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 36-4437950
Organization Overview
Martin Fabert Foundation is located in Seattle, WA. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Martin Fabert 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 06/2022, Martin Fabert Foundation generated $328.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Martin Fabert Foundation has awarded 27 individual grants totaling $1,303,000. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Martin President/treasurer/director | 2 | $0 | |
Geraldine Martin Director | 2 | $0 | |
Daniel M Asher Secretary | 2 | $0 | |
Emma Fabert Director | 2 | $0 | |
Casper Martin Director/vp | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $271,052 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$200,744 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $257,900 |
| Total Revenue | $328,208 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,945 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66 |
| Total operating and administrative expenses | $134,861 |
| Contributions, gifts, grants paid | $1,615,500 |
| Total expenses and disbursements | $1,750,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,465 |
| Savings and temporary cash investments | $3,175,317 |
| 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 | $9,019 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,084,182 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $518,236 |
| Total assets | $16,791,263 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,055,000 |
| 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 | $1,055,000 |
Grants Awarded
Over the last fiscal year, Martin Fabert Foundation has awarded $194,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Port Townsend, WA PURPOSE: TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION - COVID-19 CRISIS GRANT | $100,000 |
UW FOUNDATION PURPOSE: TO PROVIDE SUPPORT TO THE FORESTED LANDSCAPES SUPPORT FUND - $49,000 TO PROVIDE SUPPORT TO THE WASHINGTON CLIMATE SOLUTIONS -$45,000 | $94,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Board Of Trustees Agc Trust Of Montana Spokane, WA | $18,871,331 | $11,144,345 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tongass Timber Trust Mukilteo, WA | $5,700,029 | $5,800,281 |
The Dalai Lama Foundation Shoreline, WA | $6,300,895 | $851,528 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
One Call For All Bainbridge Island, WA | $2,280,086 | $2,720,804 |
Laidir Foundation Seattle, WA | $43,862,995 | $7,463,532 |
The Berwick Degel Family Foundation Seattle, WA | $7,563,453 | $2,078,571 |
Martin Fabert Foundation Seattle, WA | $16,791,263 | $328,208 |
Austin Family Foundation Newberg, OR | $30,047,559 | $1,660,315 |
Bellarmine Benefactors Trust Spokane, WA | $24,555,171 | $2,993,701 |
Carrie Lewith Charitable Trust Bainbridge Island, WA | $11,195,908 | $406,477 |