Frank & Marsha Martin Family Founda
Frank & Marsha Martin Family Founda is a private foundation, based in Bristol, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 4 grants totaling $61K. Net investment income was $4K.
Key facts about Frank & Marsha Martin Family Founda
In short: Frank & Marsha Martin Family Founda gave $61K across 4 grants in 2024 (avg $15K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- EIN
- 35-2026920
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $61,000
- Grants made (2024)
- 4
- Average grant
- $15,250
- Median grant
- $10,000
- Total assets
- $66,529
- Primary geography
- Indiana (84% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
-46.0% YoY
Annual Giving
$61K
-25.6% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$15K
-44.2% YoY
Under IRS private-foundation payout rules, Frank & Marsha Martin Family Founda reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
How Frank & Marsha Martin Family Founda gives
- Giving grew 388% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13K (2020) to $82K (2023). In 2024 it made 4 grants totaling $61K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Owls Club Inc ($40K). Together the top 4 received $61K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Owls Club Inc Elkhart, IN | General Gift | $40,000 |
| Neighborlink Fort Wayne Fort Wayne, IN | General Gift | $10,000 |
| Operation Wounded Warrior Resolutio Sarasota, FL | General Gift | $10,000 |
| Community Foundation of Ec Elkhart, IN | General Gift | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $66,529 | $123,204 | $149,949 |
| Revenue | $4,355 | $55,245 | $173,797 |
| Expenses | $61,030 | $81,990 | $40,730 |
| Qualifying Distributions | $61,000 | $81,945 | $40,730 |
| Net Investment Income | $4,355 | $5,245 | $1,748 |
| Distributable Amount | $4,196 | $5,502 | $4,197 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Frank & Marsha Martin Family Founda is led by Frank K. Martin, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frank K. Martin
President & Director
On filings since 2020
No compensation reported
Erin Gennocro
Board Member
On filings since 2020
No compensation reported
Marsha Martin
Vice President & Treasurer
On filings since 2020
No compensation reported
Shannon Wilson
Secretary
On filings since 2020
No compensation reported
Todd Martin
Board Member
On filings since 2020
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 Frank & Marsha Martin Family Founda
How much does Frank & Marsha Martin Family Founda give each year?
Frank & Marsha Martin Family Founda gave $61K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $82K across 3 grants.
What is Frank & Marsha Martin Family Founda's typical grant size?
Frank & Marsha Martin Family Founda's median grant in 2024 was $10,000, and its average grant was $15,250, across 4 grants on its 2024 IRS Form 990-PF.
Where does Frank & Marsha Martin Family Founda give grants?
Frank & Marsha Martin Family Founda gives mostly in Indiana: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (16%). The most frequent recipient cities were Elkhart, IN (2 grants).
Does Frank & Marsha Martin Family Founda give general operating support?
Yes: 100% of Frank & Marsha Martin Family Founda's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Frank & Marsha Martin Family Founda?
Frank & Marsha Martin Family Founda reported $67K in total assets on its 2024 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
What is Frank & Marsha Martin Family Founda's EIN?
Frank & Marsha Martin Family Founda's EIN (Employer Identification Number) is 35-2026920. 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.
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