Martial Cottle Park Foundation

Private foundation · Grantmaker San Jose, CA EIN: 47-3481223

Martial Cottle Park Foundation is a private foundation focused on Human Services, based in San Jose, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 4 grants totaling $553K. Net investment income was $645K.

Key facts about Martial Cottle Park Foundation

In short: Martial Cottle Park Foundation gave $553K across 4 grants in 2024 (avg $138K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
47-3481223
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$553,214
Grants made (2024)
4
Average grant
$138,304
Median grant
$16,000
Total assets
$9,088,091
Primary geography
California (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.1M

+10.7% YoY

Annual Giving

$553K

-31.7% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$138K

-48.8% YoY

Under IRS private-foundation payout rules, Martial Cottle Park Foundation reported a distributable amount of $747K for 2024 — the minimum it must pay out in qualifying distributions.

How Martial Cottle Park Foundation gives

  • Giving grew 182% from 2021 to 2024. Method
  • In 2024 it paid out 74% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

Los GatosSan Jose

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants2020 1 grant2021 1 grant2022 3 grants2023 4 grants2024

From 2021 to 2024, annual grant giving ranged from $196K (2021) to $810K (2023). In 2024 it made 4 grants totaling $553K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Santa Clara County Parks: $521K across 2 grantsSanta Clara County Parks$521K · 2 grantsCalifornia 4H Foundation: $20KCalifornia 4H Foundation$20KReal Options: $12KReal Options$12K

The largest 2024 recipient was Santa Clara County Parks ($521K across 2 grants). Together the top 3 received $553K.

Grant Size Distribution

9 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 9 (56%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Santa Clara County Parks Los Gatos, CATo support ongoing projects to maintain martial cottle parks.$520,000
California 4H Foundation San Jose, CASupport 4-H Educational Programs at Martial Cottle Park$20,000
Real Options San Jose, CAExpenses for 2023 walk of life at martial cottle park$12,000
Santa Clara County Parks Los Gatos, CATo support ongoing projects to maintain martial cottle parks.$1,214

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$9,088,091$8,212,498$7,758,982
Revenue$832,570$361,297$595,970
Expenses$752,140$903,754$865,388
Qualifying Distributions$553,214$810,000$763,715
Net Investment Income$645,065$280,449$494,297
Distributable Amount$746,502$696,983$708,278

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 1, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Martial Cottle Park Foundation is led by Frank N. Giordano, Permanent Director & President on every filing since 2020; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Frank N. Giordano

    Permanent Director & President

    On filings since 2020

    12 hrs/week

    $15K (2020) → $30K (2024)

  • Craig Giordano

    CFO

    On filings since 2020

    12 hrs/week

    $15K (2021) → $30K (2024)

  • Elaine Giordano

    Secretary

    On filings since 2020

    12 hrs/week

    $15K (2020) → $30K (2024)

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.

Compensation Overview

From 2024 IRS filing

Frank N Giordano — Permanent Director and PR: $30KFrank N GiordanoPermanent Director and PR$30KElaine Giordano — Secretary: $30KElaine GiordanoSecretary$30KCraig Giordano — CFO: $30KCraig GiordanoCFO$30K

The highest reported compensation on the 2024 filing was $30K, to Frank N Giordano (Permanent Director and PR). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Martial Cottle Park Foundation

How much does Martial Cottle Park Foundation give each year?

Martial Cottle Park Foundation gave $553K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $810K across 3 grants.

What is Martial Cottle Park Foundation's typical grant size?

Martial Cottle Park Foundation's median grant in 2024 was $16,000, and its average grant was $138,304, across 4 grants on its 2024 IRS Form 990-PF.

Where does Martial Cottle Park Foundation give grants?

Martial Cottle Park Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Gatos, CA (2 grants) and San Jose, CA (2 grants).

Does Martial Cottle Park Foundation give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Martial Cottle Park Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is Martial Cottle Park Foundation?

Martial Cottle Park Foundation reported $9.1M in total assets on its 2024 IRS Form 990-PF. It paid out $553K in qualifying distributions that year, against a required minimum of $747K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Martial Cottle Park Foundation?

Martial Cottle Park Foundation is a private foundation focused on Human Services, based in San Jose, CA. It holds $9.1M in total assets as of 2024.

What is Martial Cottle Park Foundation's EIN?

Martial Cottle Park Foundation's EIN (Employer Identification Number) is 47-3481223. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings.

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