Marti Foundation

Foundation · Grantmaker Cleburne, TX EIN: 75-2265837

Marti Foundation is a private foundation, based in Cleburne, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 1 grant totaling $997K. Net investment income was $497K.

Key facts about Marti Foundation

EIN
75-2265837
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$996,800
Grants made (2024)
1
Average grant
$996,800
Median grant
$996,800
Total assets
$16,453,029
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Marti Foundation gives

  • Giving grew 120% from 2021 to 2024. Method
  • In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.5M

+3.5% YoY

Annual Giving

$997K

-8.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$997K

-8.0% YoY

Under IRS private-foundation payout rules, Marti Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

About Marti Foundation

Based on IRS filings

Marti Foundation is a private foundation, based in Cleburne, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.5M in total assets. In 2024, it awarded 1 grant totaling $997K. Net investment income was $497K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Cleburne

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$507K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$16,453,029$15,891,644$16,062,939
Revenue$1,845,184$1,215,305$876,969
Expenses$1,276,149$1,350,310$1,757,174
Qualifying Distributions$1,145,812$1,230,533$1,617,150
Net Investment Income$497,212$634,379$665,695
Distributable Amount$1,040,463$943,920$1,088,435

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$382K$764K$1M$2M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Attached List: $997KSee Attached List$997K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include See Attached List ($996,800).

RecipientPurposeAmount
See Attached List Cleburne, TXScholarships$996,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Robert Riza — President and Trustee: $117KRobert RizaPresident and Trustee$117K

From 2024 IRS filing

NameTitleHoursCompensation
Robert RizaPresident and Trustee40$117,256
Justin Hewlett1st VP and Trustee——
Brandi Gregg2nd VP and Trustee——
Michael K LillySecretary and Trustee——

Frequently Asked Questions

How large is Marti Foundation?

As of 2024, Marti Foundation holds $16.5M in total assets with $1.8M in annual revenue. It awarded 1 grant totaling $997K in 2024.

Where does Marti Foundation operate?

Marti Foundation has awarded grants in Texas.

What size grants does Marti Foundation award?

In 2024, Marti Foundation awarded 1 grant totaling $997K — an average of about $997K per grant, based on its IRS Form 990 filings.

How much is Marti Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marti Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Marti Foundation's EIN?

Marti Foundation's EIN (Employer Identification Number) is 75-2265837. IRS Form 990 filing data is available on this page for 2020–2024.

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

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