Bob & Carol Martin Foundation
Bob & Carol Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $250. Net investment income was $296.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
+1.1% YoY
Annual Giving
$250
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$250
+0.0% YoY
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.
About Bob & Carol Martin Foundation
Based on IRS filings
Bob & Carol Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $250. Net investment income was $296.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,092 | $4,046 | $4,001 |
| Revenue | $320 | $295 | $110 |
| Expenses | $274 | $250 | $115 |
| Qualifying Distributions | $250 | $250 | — |
| Net Investment Income | $296 | $295 | — |
| Distributable Amount | $235 | $206 | $197 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hillsdale College ($250).
| Recipient | Purpose | Amount |
|---|---|---|
| Hillsdale College Hillsdale, MI | Education | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert E Martin | Pres.,Dir. | 0.5 | — |
| Carol C Martin | VP/Sec/Treas,Dir. | 0.5 | — |
| Robert A Eckels | Director | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bob & Carol Martin Foundation?
Bob & Carol Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $4K in total assets as of 2024.
How large is Bob & Carol Martin Foundation?
As of 2024, Bob & Carol Martin Foundation holds $4K in total assets with $320 in annual revenue. It awarded 1 grants totaling $250 in 2024.
Where does Bob & Carol Martin Foundation operate?
Bob & Carol Martin Foundation has awarded grants in District of Columbia, Michigan.
What size grants does Bob & Carol Martin Foundation award?
In 2024, Bob & Carol Martin Foundation awarded 1 grants totaling $250 — an average of about $250 per grant, based on its IRS Form 990 filings.
How much is Bob & Carol Martin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bob & Carol Martin Foundation reported a distributable amount of $235 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Bob & Carol Martin Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.