The Martha Olson-Fernandez Foundation
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.
The Martha Olson-Fernandez Foundation at a glance
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.
- Annual giving (2024)
- $40,000
- +86.0% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $20,000
- +86.0% vs 2023
- Median grant
- $20,000
- Total assets
- $406,904
- -15.4% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Martha Olson-Fernandez Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The ALS Network ($30K). Together the top 2 received $40K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $22K (2023) to $70K (2022). In 2024 it made 2 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The ALS Network Woodland Hills, CA | ALS Patient Care Funding | $30,000 |
| ALS Cure Project Pleasanton, CA | ALS Research Funding | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $406,904 | $133,991 | $197,702 | $40,000 | 2 | $83,525 | — | $21,083 |
| 2023 | $481,239 | $89,340 | $128,812 | $21,500 | 2 | $57,434 | $330 | $24,220 |
| 2022 | $511,843 | $140,236 | $182,161 | $70,000 | 4 | $87,723 | — | $25,518 |
| 2021 | $551,767 | $209,149 | $152,699 | $50,000 | 3 | $71,812 | — | $23,661 |
| 2020 | $499,555 | $183,349 | $141,546 | $45,300 | 3 | — | $547 | $21,147 |
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Martha Olson-Fernandez Foundation funds
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