Frank & Marsha Martin Family Founda

Private foundation · Grantmaker Bristol, IN EIN: 35-2026920

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

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

ElkhartSarasotaFort Wayne

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 1 grant2021 3 grants2022 3 grants2023 4 grants2024

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

Owls Club Inc: $40KOwls Club Inc$40KNeighborlink Fort Wayne: $10KNeighborlink Fort Wayne$10KOperation Wounded Warrior Resolutio: $10KOperation Wounded WarriorResolutio$10KCommunity Foundation of Ec: $1KCommunity Foundation of Ec$1K

The largest 2024 recipient was Owls Club Inc ($40K). Together the top 4 received $61K.

Grant Size Distribution

12 grants across all recorded years

11<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 12 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Owls Club Inc Elkhart, INGeneral Gift$40,000
Neighborlink Fort Wayne Fort Wayne, INGeneral Gift$10,000
Operation Wounded Warrior Resolutio Sarasota, FLGeneral Gift$10,000
Community Foundation of Ec Elkhart, INGeneral Gift$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
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

  1. 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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