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Gertrude M Damon Trust is a private trust based in HONOLULU, HI. The foundation received its IRS ruling in 1959. The principal officer is % Fhb Personal Trust Division Kim Hube. It holds total assets of $1.7M. Annual income is reported at $434K. According to available records, Gertrude M Damon Trust has made 10 grants totaling $527K, with a median grant of $48K. Annual giving has decreased from $150K in 2020 to $92K in 2023. Grantmaking activity was highest in 2022 with $180K distributed across 2 grants. Individual grants have ranged from $35K to $90K, with an average award of $53K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Hawaii. Contributions to this foundation are tax-deductible.
Gertrude M Damon Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in HI.
Gertrude M Damon Trust has distributed a total of $527K across 10 grants. The median grant size is $48K, with an average of $53K. Individual grants have ranged from $35K to $90K.
Gertrude M Damon Trust typically selects its grantees rather than accepting unsolicited proposals.
Gertrude M Damon Trust is headquartered in HONOLULU, HI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heide Snow | TRUSTEE | $0 | $0 | $0 |
| Brendan Damon Ethington | TRUSTEE | $0 | $0 | $0 |
| Pia Damon Spee | TRUSTEE | $0 | $0 | $0 |
Total Giving
$133K
Total Assets
$1.7M
Fair Market Value
$2M
Net Worth
$1.7M
Grants Paid
$92K
Contributions
$0
Net Investment Income
$70K
Distribution Amount
$95K
Total Grants
10
Total Giving
$527K
Average Grant
$53K
Median Grant
$48K
Unique Recipients
5
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lawakua Charitable FundGENERAL CHARITABLE PURPOSES | Honolulu, HI | $46K | 2023 |
| Sacred Hearts SchoolGENERAL CHARITABLE PURPOSES | Lahaina, HI | $46K | 2023 |
| The La'A Kea FoundationGENERAL USE OF THE CHARITY | Paia, HI | $35K | 2021 |
| Boys & Girls Club Of HawaiiGENERAL CHARITABLE PURPOSES | Honolulu, HI | $35K | 2021 |
| Ho'Ola Na PuaGENERAL CHARITABLE PURPOSES | Honolulu, HI | $50K | 2020 |
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