Marten Family Foundation 7563-xxxxxx00165
Marten Family Foundation 7563-xxxxxx00165 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $915K in total assets. In 2024, it awarded 2 grants totaling $103K. Net investment income was $74K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$915K
-3.3% YoY
Annual Giving
$103K
-2.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$51K
-2.2% YoY
Under IRS private-foundation payout rules, Marten Family Foundation 7563-xxxxxx00165 reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Marten Family Foundation 7563-xxxxxx00165
Based on IRS filings
Marten Family Foundation 7563-xxxxxx00165 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $915K in total assets. In 2024, it awarded 2 grants totaling $103K. Net investment income was $74K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $915,183 | $946,424 | $666,325 |
| Revenue | $84,955 | $116,850 | $34,163 |
| Expenses | $116,196 | $114,231 | $118,260 |
| Qualifying Distributions | $102,700 | $105,000 | $106,000 |
| Net Investment Income | $74,354 | $105,022 | $22,964 |
| Distributable Amount | $80,535 | $68,455 | $70,911 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include N E Center for Arts & ($100,000), Givewell Foundation ($2,700).
| Recipient | Purpose | Amount |
|---|---|---|
| GIVEWELL FOUNDATION LAKELAND, FL | GIFT TO THE GENERAL FUND | $2,700 |
| N E CENTER FOR ARTS & DUXBURY, MA | GIFT TO THE GENERAL FUND | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES F MARTEN | TRUSTEE | 1 | — |
| LEWIS H MARTEN | TRUSTEE | 1 | — |
| KAY S MARTEN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marten Family Foundation 7563-xxxxxx00165?
Marten Family Foundation 7563-xxxxxx00165 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $915K in total assets as of 2024.
How large is Marten Family Foundation 7563-xxxxxx00165?
As of 2024, Marten Family Foundation 7563-xxxxxx00165 holds $915K in total assets with $85K in annual revenue. It awarded 2 grants totaling $103K in 2024.
Where does Marten Family Foundation 7563-xxxxxx00165 operate?
Marten Family Foundation 7563-xxxxxx00165 has awarded grants in Florida, Massachusetts, Maryland, New York.
What size grants does Marten Family Foundation 7563-xxxxxx00165 award?
In 2024, Marten Family Foundation 7563-xxxxxx00165 awarded 2 grants totaling $103K — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is Marten Family Foundation 7563-xxxxxx00165 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marten Family Foundation 7563-xxxxxx00165 reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marten Family Foundation 7563-xxxxxx00165's EIN?
Marten Family Foundation 7563-xxxxxx00165's EIN (Employer Identification Number) is 30-6036299. 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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