Bob & Carol Martin Foundation
Bob & Carol Martin Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 1 grant totaling $250. Net investment income was $296.
Bob & Carol Martin Foundation at a glance
In short: Bob & Carol Martin Foundation gave $250 across 1 grant in 2024 (avg $250), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $250
- +0.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $250
- +0.0% vs 2023
- Median grant
- $250
- Total assets
- $4,092
- +1.1% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Bob & Carol Martin Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Hillsdale College ($250).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Bob & Carol Martin Foundation gives
- Giving grew 67% from 2021 to 2024. Method
- In 2024 it paid out 106% 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 2021 to 2024, annual grant giving ranged from $150 (2021) to $250 (2024). In 2024 it made 1 grant totaling $250.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hillsdale College Hillsdale, MI | Education | $250 |
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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 | $4,092 | $320 | $274 | $250 | 1 | $250 | $296 | $235 |
| 2023 | $4,046 | $295 | $250 | $250 | 1 | $250 | $295 | $206 |
| 2022 | $4,001 | $110 | $115 | — | — | — | — | $197 |
| 2021 | $3,891 | $1 | $150 | $150 | 1 | $150 | $1 | $195 |
| 2020 | $4,040 | $2 | — | — | — | — | $2 | — |
Under IRS private-foundation payout rules, Bob & Carol Martin Foundation reported a distributable amount of $235 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bob & Carol Martin Foundation is led by Robert E Martin, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert E Martin
President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Carol C Martin
Vice President, Secretary, Treasurer & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Robert A Eckels
Director
On filings since 2020
0.1 hrs/week
No compensation reported
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.
Frequently asked questions about Bob & Carol Martin Foundation
How much does Bob & Carol Martin Foundation give each year?
Bob & Carol Martin Foundation gave $250 across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $250 across 1 grant.
How large is Bob & Carol Martin Foundation?
Bob & Carol Martin Foundation reported $4K in total assets on its 2024 IRS Form 990-PF. It paid out $250 in qualifying distributions that year, against a required minimum of $235 (roughly 5% of its investment assets).
Where does Bob & Carol Martin Foundation operate?
Bob & Carol Martin Foundation has awarded grants in District of Columbia, Michigan.
What is Bob & Carol Martin Foundation's EIN?
Bob & Carol Martin Foundation's EIN (Employer Identification Number) is 20-1796356. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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