Martin Charitable Memorial Fund

Foundation · Grantmaker DALLAS, TX EIN: 02-6005022

Martin Charitable Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $152K. Net investment income was $295K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+3.9% YoY

Annual Giving

$152K

-0.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$76K

-0.8% YoY

Under IRS private-foundation payout rules, Martin Charitable Memorial Fund reported a distributable amount of $185K for 2024 — the minimum it must pay out in qualifying distributions.

About Martin Charitable Memorial Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Hampshire $462K (67%)

Vermont $231K (33%)

States

New Hampshire Vermont

Cities

ClaremontWindsor

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,327,147	$3,203,280	$3,311,983
Revenue	$330,090	$90,232	$-85,295
Expenses	$202,871	$197,602	$209,055
Qualifying Distributions	$170,356	$169,688	$164,004
Net Investment Income	$295,185	$53,528	$36,679
Distributable Amount	$185,287	$168,433	$172,944

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

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Valley Regional Hospital ($101,437), Mt Ascutney Hospital ($50,711).

Recipient	Purpose	Amount
VALLEY REGIONAL HOSPITAL CLAREMONT, NH	UNRESTRICTED GENERAL	$101,437
MT ASCUTNEY HOSPITAL WINDSOR, VT	UNRESTRICTED GENERAL	$50,711

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$42,817

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Martin Charitable Memorial Fund?

Martin Charitable Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $3.3M in total assets as of 2024.

How large is Martin Charitable Memorial Fund?

As of 2024, Martin Charitable Memorial Fund holds $3.3M in total assets with $330K in annual revenue. It awarded 2 grants totaling $152K in 2024.

Where does Martin Charitable Memorial Fund operate?

Martin Charitable Memorial Fund has awarded grants in New Hampshire, Vermont.

What size grants does Martin Charitable Memorial Fund award?

In 2024, Martin Charitable Memorial Fund awarded 2 grants totaling $152K — an average of about $76K per grant, based on its IRS Form 990 filings.

How much is Martin Charitable Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Martin Charitable Memorial Fund reported a distributable amount of $185K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Martin Charitable Memorial Fund's EIN?

Martin Charitable Memorial Fund's EIN (Employer Identification Number) is 02-6005022. IRS Form 990 filing data is available on this page for 2020–2024.