Overview
What is The Martis Fund?
The Martis Fund is a nonprofit organization based in Truckee, California, specifically at PO Box 10390. It focuses primarily on supporting programs that conserve open spaces, manage and restore habitat and forest lands in the Martis Valley region. Additionally, it aims to promote opportunities for workforce housing and related community purposes. Previously, the organization contributed to the acquisition of Waddle Ranch by the Truckee Donner Land Trust and the Canyon Springs property east of Truckee. The Martis Fund fulfills its mission by providing grants to eligible non-profit organizations.
Official website here: www.martisfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Martis Fund has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The overall score is a testament to the organization's strong governance practices, with an impressive 100% of board members being independent. This reflects a commitment to transparency and ethical oversight in its operations.
Strengths of The Martis Fund include its exceptional program expense ratio of 97.37%, suggesting that a significant majority of its funds are allocated directly toward its programs. Additionally, the organization has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which further reinforce its accountability.
While the data does highlight numerous organizational strengths, the summary primarily focuses on its financial and governance metrics without indicating any specific limitations or areas for improvement. This suggests a well-managed organization, but ongoing evaluation is essential to maintain its high standards.
This AI summary has been generated from information found on Charity Navigator.
Is The Martis Fund legitimate?
The Martis Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Martis Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.martisfund.org
What is the mission statement of The Martis Fund?
The Martis Fund's mission involves supporting programs aimed at conserving open spaces, managing and restoring habitat and forest lands, and promoting opportunities for workforce housing and community purposes. They primarily achieve this by providing grants to eligible non-profit organizations. Historically, The Fund has been instrumental in projects such as the acquisition of Waddle Ranch by the Truckee Donner Land Trust, making it a publicly accessible open space conservation easement, and contributing to the acquisition of the Canyon Springs property east of Truckee.
Official website here: www.martisfund.org
Who is the CEO of The Martis Fund?
Mark Johnson is the Director of The Martis Fund.
Official website here: www.martisfund.org
What is the revenue of The Martis Fund?
The Martis Fund's revenue in 2022 was $3,328,837.
Official website here: www.martisfund.org
Who are the executives of The Martis Fund and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.martisfund.org
Where can I find the form 990 for The Martis Fund?
The Martis Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.martisfund.org
Learn more at the official website: www.martisfund.org
Mission Statement of The Martis Fund
The Martis Fund, a philanthropic organization, is committed to conserving open spaces, managing and restoring habitats, and preserving forest lands in the Martis Valley region. By providing grants to eligible non-profit organizations, they aim to promote opportunities for workforce housing and foster community purposes. Their primary objective is to ensure the sustainable development of the region while maintaining its natural beauty and ecological balance.
Historically, The Martis Fund has shown significant impact through its contributions. One of its notable achievements was supporting the acquisition of Waddle Ranch by the Truckee Donner Land Trust, transforming it into a publicly accessible, open space conservation easement. Additionally, The Fund contributed to the acquisition of the Canyon Springs property east of Truckee. These efforts demonstrate The Martis Fund's dedication to preserving the Martis Valley region for future generations.
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Impact
June, 2024
The Martis Fund's impact can be seen in the conservation of open space, management and restoration of habitat and forest lands, and promotion of opportunities for workforce housing in the Martis Valley region. It has supported vital initiatives such as the acquisition of Waddle Ranch by the Truckee Donner Land Trust and the contribution to the acquisition of the Canyon Springs property, both of which have helped protect and preserve these areas for public access and conservation purposes. Through its grants to qualifying nonprofit organizations, The Martis Fund continues to make a significant difference in sustaining the environment and fostering community development in the Truckee, CA area.
This information is meant to be a general summary of The Martis Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $172,317
- Program Service Revenue: $3,156,520
- Gross Receipts: $3,328,837
Assets and Liabilities:
- Total Assets: $16,881,323
- Total Liabilities: $97,858
- Net Assets: $16,783,465
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Transfer Fees
Revenue
$3,156,520
Organization Details
Founding Year
2006
Phone
(530) 582-4943Principal Officer
Mark Johnson
Main Address
PO Box 10390, Truckee, CA, 96162
Website
www.martisfund.orgNTEE Category
Code: C12 - Environment
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