Martin Field Foundation
- Assets
- $475.5k
- Revenue
- $288.0
- Investments
- $466.1k
- Employees
- 0
- Location
- Indian Wells, CA
- Founding
- 10/1966
- Data as of
- 02/2024
- EIN
- 94-6124174
Organization Overview
Martin Field Foundation is located in Indian Wells, CA. The organization was established in 1966. 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. Martin Field 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 02/2024, Martin Field Foundation generated $288.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $6.5k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN CANCER SOCIETY
UC BERKELEY FOUNDATION
BOY'S & GIRL'S CLUB
OLIVE CREST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire President | 0 | $0 | |
David Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $2,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,273 |
| Capital Gain Net Income | $4,018 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $534 |
| Contributions, gifts, grants paid | $6,010 |
| Total expenses and disbursements | $6,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,345 |
| Savings and temporary cash investments | $0 |
| 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 | $475,459 |
| 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, Martin Field Foundation has awarded $6,010 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ONE VALLEY FOUNDATION PURPOSE: GENERAL | $1,250 |
BOYS AND GIRLS CLUB OF HOLLYWOOD PURPOSE: GENERAL | $2,500 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL | $1,000 |
CHILDRENS CRANIO FACIAL ASSOCIATION PURPOSE: GENERAL | $500 |
AMERICAN RED CROSS PURPOSE: GENERAL | $300 |
FOOD NOW PURPOSE: GENERAL | $250 |