Ernst and Wilma Martens Foundation
Ernst and Wilma Martens Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASALT, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 22 grants totaling $63K. Net investment income was $85K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+0.1% YoY
Annual Giving
$63K
-28.6% YoY
Grant Count
22
-15.4% YoY
Avg Grant Size
$3K
-15.6% YoY
Under IRS private-foundation payout rules, Ernst and Wilma Martens Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About Ernst and Wilma Martens Foundation
Based on IRS filings
Ernst and Wilma Martens Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASALT, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 22 grants totaling $63K. Net investment income was $85K.
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 | $1,809,593 | $1,808,342 | $1,847,219 |
| Revenue | $98,720 | $73,943 | $77,816 |
| Expenses | $106,340 | $135,295 | $135,414 |
| Qualifying Distributions | $89,530 | $119,364 | $119,068 |
| Net Investment Income | $85,205 | $58,012 | $61,470 |
| Distributable Amount | $89,657 | $91,253 | $96,673 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
133 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wilderness Workshop ($7,500), Aspen Journalism ($5,000), Hospice of the Valley ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPEN JOURNALISM ASPEN, CO | DONATION. | $5,000 |
| ASPEN VALLEY SKI AND SNOWBOARD CLUB ASPEN, CO | DONATION. | $2,000 |
| BASALT EDUCATION FOUNDATION BASALT, CO | DONATION | $2,000 |
| BASALT REGIONAL LIBRARY BASALT, CO | DONATION. | $2,000 |
| BRIDGES BETWEEN SNOWMASS, CO | DONATION. | $1,000 |
| CARBONDALE CLAY CENTER CARBONDALE, CO | DONATION. | $1,000 |
| CARBONDALE COMMUNITY NON-PROFIT CENTER CARBONDALE, CO | DONATION. | $2,000 |
| CHALLENGE ASPEN SNOWMASS VILLAGE, CO | DONATION. | $4,000 |
| CRYSTAL VALLEY ENVIRONMENTAL PROTECTION ASSOCIATION CARBONDALE, CO | DONATION. | $1,000 |
| ENGLISH IN ACTION CARBONDALE, CO | DONATION | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL MCVOY | PRESIDENT | 9 | $40,000 |
| MICHAEL BRIMM | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ernst and Wilma Martens Foundation?
Ernst and Wilma Martens Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASALT, CO. It holds $1.8M in total assets as of 2024.
How large is Ernst and Wilma Martens Foundation?
As of 2024, Ernst and Wilma Martens Foundation holds $1.8M in total assets with $99K in annual revenue. It awarded 22 grants totaling $63K in 2024.
Where does Ernst and Wilma Martens Foundation operate?
Ernst and Wilma Martens Foundation has awarded grants in Colorado.
What size grants does Ernst and Wilma Martens Foundation award?
In 2024, Ernst and Wilma Martens Foundation awarded 22 grants totaling $63K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Ernst and Wilma Martens Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernst and Wilma Martens Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ernst and Wilma Martens Foundation's EIN?
Ernst and Wilma Martens Foundation's EIN (Employer Identification Number) is 84-1323791. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ernst and Wilma Martens 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.
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