Martin Family Foundation
The Martin Family Foundation is a private independent foundation established in 2001 and based in Anacortes, Washington. It operates as a 501(c)(3) charitable organization dedicated to philanthropic grantmaking. The foundation was originally established as the Florence Martin Memorial Foundation in 1991 and was renamed to honor the legacies of Florence MacFarlane Martin, Edward Thomas Martin, and E. Thomas Martin.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-5.2% YoY
Annual Giving
$317K
+19.6% YoY
Grant Count
39
+0.0% YoY
Avg Grant Size
$8K
+19.6% YoY
Mission & Focus Areas
The Martin Family Foundation is dedicated to the teachings and love of Christ and provides support to organizations that focus on:
- Faith-based education
- Services to the poor and at-risk
- Promotion of the sanctity of human life
- Evangelization and discipleship
- Environmental and animal conservation
The foundation's work is guided by core values including an energizing and empathetic spirit, a desire to make peace between individuals, an intent to have a positive impact, a drive for continuous learning, an entrepreneurial spirit, and spiritual commitment.
Grantmaking
The foundation made 73 grants in 2024. Recent grantees include:
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Geographic Focus
Where this funder awards grants
The foundation intends to concentrate its resources in Colorado, Montana, and Wyoming.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $3.46 million
- Total Revenue: $161,174
- Total Expenses: $351,404
- Total Liabilities: $0
- Number of Employees: 0
The foundation has demonstrated significant growth over recent years, with revenue increasing at an average rate of 38.9% annually over a four-year period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,457,206 | $3,647,436 | $3,686,767 |
| Revenue | $161,174 | $248,598 | $770,271 |
| Expenses | $351,404 | $288,498 | $308,501 |
| Qualifying Distributions | — | $265,200 | $284,000 |
| Net Investment Income | $60,362 | $44,847 | $69,538 |
| Distributable Amount | — | — | $200,845 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
178 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Current members of the foundation include:
- Annie Bowler
- Julie Martin
- Laura Martin Sherlock
- Riley Sherlock
- Nicole Bowler
- Devin Corea
- Wyatt Westfall
- Meghan Martin
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROY W MARTIN | TRUSTEE | — | — |
| DARLENE H MARTIN | TRUST | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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