Martial Cottle Park Foundation
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
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 5 grants of 9 (56%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Santa Clara County Parks Los Gatos, CA | To support ongoing projects to maintain martial cottle parks. | $520,000 |
| California 4H Foundation San Jose, CA | Support 4-H Educational Programs at Martial Cottle Park | $20,000 |
| Real Options San Jose, CA | Expenses for 2023 walk of life at martial cottle park | $12,000 |
| Santa Clara County Parks Los Gatos, CA | To support ongoing projects to maintain martial cottle parks. | $1,214 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- 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
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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