Gerard and Carolyn Martin Foundation Inc
Gerard and Carolyn Martin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ODESSA, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 21 grants totaling $126K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-5.7% YoY
Annual Giving
$126K
-0.3% YoY
Grant Count
21
+10.5% YoY
Avg Grant Size
$6K
-9.8% YoY
Under IRS private-foundation payout rules, Gerard and Carolyn Martin Foundation Inc reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.
About Gerard and Carolyn Martin Foundation Inc
Based on IRS filings
Gerard and Carolyn Martin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ODESSA, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 21 grants totaling $126K. Net investment income was $51K.
Focus Areas
Ready to take the next step with Gerard and Carolyn Martin Foundation Inc?
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 | $1,195,366 | $1,267,757 | $1,099,624 |
| Revenue | $56,698 | $-17,061 | $65,529 |
| Expenses | $136,353 | $136,435 | $84,794 |
| Qualifying Distributions | $130,719 | $131,005 | $76,365 |
| Net Investment Income | $51,143 | $53,520 | $57,100 |
| Distributable Amount | $58,761 | $58,348 | $63,931 |
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
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cues ($50,000), Donors Choose ($10,152), Christian Care Center ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CUES OMAHA, NE | ASSIST W/MISSIONTO EDUCATE | $50,000 |
| ST LUKES LUTHERAN SCHOOL OVIEDO, FL | PROVIDE CHRISTIAN EDUCATION | $230 |
| ALL SAINTS EPISCOPAL CHURCH ENTERPRISE, FL | OUTDOOR FURNITURE FOR PATIO | $2,000 |
| AMERICAN CORNERSTONE INSTITUTE WASHINGTON DC, DC | SUPPORT AMERICAS FOUNDING PRINCIPALS | $1,500 |
| ALLIANCE DEFENDING FREEDOM SCOTSDALE, AZ | ASSISTING THOSE UNABLETO DEFEND THEMSELVES | $1,000 |
| LIFE CHURCH BAYFIELD, CO | SUPPORT MISSIONIN OAXACA, MX | $5,000 |
| ALL SAINTS EPISCOPAL CHURCH ENTERPRISE, FL | FOOD PANTRY | $2,500 |
| DONORS CHOOSE NEW YORK, NY | ASSIST CLASSROOMS IN NEED | $10,152 |
| CHRISTIAN CARE CENTER LEESBURG, FL | MEET NEEDS ANDD SHARE CHRIST | $10,000 |
| ALL SAINTS EPISCOPAL CHURCH ENTERPRISE, FL | PROJECTS FUND AND CHILDRENS MINISTRY | $5,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DENNIS MARTIN | TRUSTEE | 1 | — |
| VICTORIA BREITENFIELD | TRUSTEE | 1 | — |
| CHERYL BERG | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gerard and Carolyn Martin Foundation Inc?
Gerard and Carolyn Martin Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ODESSA, FL. It holds $1.2M in total assets as of 2024.
How large is Gerard and Carolyn Martin Foundation Inc?
As of 2024, Gerard and Carolyn Martin Foundation Inc holds $1.2M in total assets with $57K in annual revenue. It awarded 21 grants totaling $126K in 2024.
Where does Gerard and Carolyn Martin Foundation Inc operate?
Gerard and Carolyn Martin Foundation Inc has awarded grants in Arizona, Colorado, District of Columbia, Florida, Georgia, Maryland, North Carolina, Nebraska, New York, Oklahoma, Oregon, Tennessee, Texas.
What size grants does Gerard and Carolyn Martin Foundation Inc award?
In 2024, Gerard and Carolyn Martin Foundation Inc awarded 21 grants totaling $126K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Gerard and Carolyn Martin Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerard and Carolyn Martin Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gerard and Carolyn Martin Foundation Inc's EIN?
Gerard and Carolyn Martin Foundation Inc's EIN (Employer Identification Number) is 86-1232605. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Gerard and Carolyn Martin Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Gerard and Carolyn Martin Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Gerard and Carolyn Martin Foundation Inc to a real strategy.