Charlotte Y Martin Foundation
- Assets
- $20.2m
- Revenue
- $663.8k
- Investments
- $19.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 47-2057123
Organization Overview
Charlotte Y Martin Foundation is located in Seattle, WA. The organization was established in 2014. 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. Charlotte Y 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, Charlotte Y Martin Foundation generated $663.8k 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 (10.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charlotte Y Martin Foundation has awarded 279 individual grants totaling $4,841,924. 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 |
|---|---|---|---|
C'ardiss Gardner Gleser Board Member | 2 | $26,400 | |
Meera Lee Sethi Secretary | 2 | $26,400 | |
Tom Campbell Treasurer | 2 | $19,800 | |
Bonnie Sachatello-Sawyer Vice Chair | 2 | $26,400 | |
Marissa Spang Chair | 2 | $26,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $615,789 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,997 |
| Capital Gain Net Income | $47,997 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $663,786 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,572 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,614 |
| Total operating and administrative expenses | $276,579 |
| Contributions, gifts, grants paid | $1,234,862 |
| Total expenses and disbursements | $1,511,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,854 |
| Savings and temporary cash investments | $306,531 |
| 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 | $19,877,199 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,186,584 |
| 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, Charlotte Y Martin Foundation has awarded $1,234,862 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ADELANTE MUJERES PURPOSE: GENERAL OPERATING | $15,000 |
WESTERN WASHINGTON UNIVERSITY PURPOSE: GENERAL OPERATING | $15,000 |
NATIVE CONSERVANCY PURPOSE: GENERAL OPERATING | $20,000 |
SALISH SCHOOL OF SPOKANE PURPOSE: GENERAL OPERATING | $15,000 |
INITIATIVE PURPOSE: GENERAL OPERATING | $17,000 |
BLACKFEET INDIAN LAND CONSERVATION PURPOSE: GENERAL OPERATING | $15,000 |