The Martha Olson-Fernandez Foundation

Private foundation · Grantmaker San Luis Obispo, CA EIN: 45-4983912

The Martha Olson-Fernandez Foundation is a private foundation, based in San Luis Obispo, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $407K in total assets. In 2024, it awarded 2 grants totaling $40K.

Key facts about The Martha Olson-Fernandez Foundation

In short: The Martha Olson-Fernandez Foundation gave $40K across 2 grants in 2024 (avg $20K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
45-4983912
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,000
Grants made (2024)
2
Average grant
$20,000
Median grant
$20,000
Total assets
$406,904
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$407K

-15.4% YoY

Annual Giving

$40K

+86.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$20K

+86.0% YoY

Under IRS private-foundation payout rules, The Martha Olson-Fernandez Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

How The Martha Olson-Fernandez Foundation gives

  • Giving fell 20% from 2021 to 2024. Method
  • In 2024 it paid out 396% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

Agoura HillsCambridgePleasantonWoodland HillsBostonDurhamLos AngelesNew YorkSan Luis Obispo

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2020 3 grants2021 4 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $22K (2023) to $70K (2022). In 2024 it made 2 grants totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

The ALS Network: $30KThe ALS Network$30KALS Cure Project: $10KALS Cure Project$10K

The largest 2024 recipient was The ALS Network ($30K). Together the top 2 received $40K.

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 14 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The ALS Network Woodland Hills, CAALS Patient Care Funding$30,000
ALS Cure Project Pleasanton, CAALS Research Funding$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$406,904$481,239$511,843
Revenue$133,991$89,340$140,236
Expenses$197,702$128,812$182,161
Qualifying Distributions$83,525$57,434$87,723
Net Investment Income—$330—
Distributable Amount$21,083$24,220$25,518

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Martha Olson-Fernandez Foundation is led by Larry Fernandez, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Larry Fernandez

    President

    On filings since 2020

    6 hrs/week

    No compensation reported

  • Cheryl Humphrey

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ian Parkinson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Ronca

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Natalie Marie Fernandez Hooks

    CFO

    On filings since 2023

    10 hrs/week

    $25K (2023) → $0 (2024)

  • Andrea Alicia O'Brien

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Andrea Alicia Fernandez (2020–2022) — Secretary
  • Former: Natalie Marie Fernandez (2020–2022) — CFO

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Natalie Marie Fernandez Hooks — CFO: $25KNatalie Marie Fernandez…CFO$25K

The highest reported compensation on the 2023 filing was $25K, to Natalie Marie Fernandez Hooks (CFO).

Frequently asked questions about The Martha Olson-Fernandez Foundation

How much does The Martha Olson-Fernandez Foundation give each year?

The Martha Olson-Fernandez Foundation gave $40K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 2 grants.

How large is The Martha Olson-Fernandez Foundation?

The Martha Olson-Fernandez Foundation reported $407K in total assets on its 2024 IRS Form 990-PF. It paid out $84K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

Where does The Martha Olson-Fernandez Foundation operate?

The Martha Olson-Fernandez Foundation has awarded grants in California, Massachusetts, North Carolina, New York.

What is The Martha Olson-Fernandez Foundation's EIN?

The Martha Olson-Fernandez Foundation's EIN (Employer Identification Number) is 45-4983912. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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