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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. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Hawaii. 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.
Smallest Grant
$50K
Median Grant
$50K
Average Grant
$50K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Brendan Damon Ethington | TRUSTEE | $0 | $0 | N/A |
| Pia Damon Spee | TRUSTEE | $0 | $0 | N/A |
Total Giving
$133K
Total Assets
$1.7M
Fair Market Value
$2M
Net Worth
$1.7M
Grants Paid
$92K
Contributions
N/A
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
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sacred Hearts SchoolGENERAL CHARITABLE PURPOSES | Lahaina, HI | $46K | 2023 |
| Lawakua Charitable FundGENERAL CHARITABLE PURPOSES | Honolulu, 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 |