John P & Ann Marie Martin

NEWARK, DE EIN: 01-6254492

John P & Ann Marie Martin is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $644K in total assets. In 2024, it awarded 7 grants totaling $505K. Net investment income was $66K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$644K

-40.6% YoY

Annual Giving

$505K

+0.1% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$72K

-28.5% YoY

Under IRS private-foundation payout rules, John P & Ann Marie Martin reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

About John P & Ann Marie Martin

Based on IRS filings

John P & Ann Marie Martin is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $644K in total assets. In 2024, it awarded 7 grants totaling $505K. Net investment income was $66K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

DallasFront RoyalHarrisburgHarveys LakeHulbertLanderManassasNaplesPhiladelphiaPleasant MountSanta PaulaScrantonSt MeinradSterling

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$148K$296K$443K$591K20202021202220232024
Metric202420232022
Total Assets$644,101$1,083,611$1,532,133
Revenue$86,052$4,255$-42,832
Expenses$525,562$537,557$62,182
Qualifying Distributions$505,350$507,990$27,104
Net Investment Income$65,840$16,447$18,896
Distributable Amount$45,793$65,278$81,062

Giving Over Time

Total grant dollars and number of grants per year

$0$126K$253K$379K$505K3 grants20202 grants20213 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

WYOMING CATHOLIC COLLEGE$150KAVE MARIA SCHOOL OF LAW$150KCLEAR CREEK ABBEY$100KMY JESUS MERCY MINISTRIES$50KDIVINE MERCY UNIVERSITY$50KCOMMONWEALTH FOUNDATION$5KDURANDUS INSTITUTE$350

Grant Size Distribution

20 grants across all recorded years

10<$50K3$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wyoming Catholic College ($150,000), Ave Maria School of Law ($150,000), Clear Creek Abbey ($100,000).

RecipientPurposeAmount
COMMONWEALTH FOUNDATION HARRISBURG, PAFBO RECIPIENT$5,000
WYOMING CATHOLIC COLLEGE LANDER, WYFBO RECIPIENT$150,000
MY JESUS MERCY MINISTRIES PLEASANT MOUNT, PAFBO RECIPIENT$50,000
CLEAR CREEK ABBEY HULBERT, OKFBO RECIPIENT$100,000
AVE MARIA SCHOOL OF LAW NAPLES, FLFBO RECIPIENT$150,000
DIVINE MERCY UNIVERSITY STERLING, VAFBO RECIPIENT$50,000
DURANDUS INSTITUTE PHILADELPHIA, PAFBO RECIPIENT$350

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS J POSATKOTRUSTEE2
PHILIP J FOGLITRUSTEE0.5
REVEREND JOHN J BENDIKTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is John P & Ann Marie Martin?

John P & Ann Marie Martin is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, DE. It holds $644K in total assets as of 2024.

How large is John P & Ann Marie Martin?

As of 2024, John P & Ann Marie Martin holds $644K in total assets with $86K in annual revenue. It awarded 7 grants totaling $505K in 2024.

Where does John P & Ann Marie Martin operate?

John P & Ann Marie Martin has awarded grants in California, Florida, Indiana, Oklahoma, Pennsylvania, Virginia, Wyoming.

What size grants does John P & Ann Marie Martin award?

In 2024, John P & Ann Marie Martin awarded 7 grants totaling $505K — an average of about $72K per grant, based on its IRS Form 990 filings.

How much is John P & Ann Marie Martin required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John P & Ann Marie Martin reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John P & Ann Marie Martin's EIN?

John P & Ann Marie Martin's EIN (Employer Identification Number) is 01-6254492. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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