Martin Foundation
Martin Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $538K in total assets. In 2021, it awarded 4 grants totaling $27K. Net investment income was $36K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$538K
+2.2% YoY
Annual Giving
$27K
+12.5% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$7K
-15.6% YoY
Under IRS private-foundation payout rules, Martin Foundation reported a distributable amount of $29K for 2021 — the minimum it must pay out in qualifying distributions.
About Martin Foundation
Based on IRS filings
Martin Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $538K in total assets. In 2021, it awarded 4 grants totaling $27K. Net investment income was $36K.
Ready to take the next step with Martin Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | $537,520 | $526,107 |
| Revenue | $48,486 | $16,384 |
| Expenses | $37,081 | $39,990 |
| Qualifying Distributions | $27,000 | — |
| Net Investment Income | $36,342 | $8,328 |
| Distributable Amount | $29,325 | $27,239 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Randolph College ($10,000), Samford University ($10,000), Children's Fund for Glycogen ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S FUND FOR GLYCOGEN CHESHIRE, CT | GENERAL OPERATING | $4,000 |
| RANDOLPH COLLEGE LYNCHBURG, VA | GENERAL OPERATING | $10,000 |
| EMORY UNIVERSITY ATLANTA, GA | GENERAL OPERATING | $3,000 |
| SAMFORD UNIVERSITY BIRMINGHAM, AL | GENERAL OPERATING | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES A WARD III | TRUSTEE | 1 | — |
| MARGARET W WILLINGHAM | V PRES | 1 | — |
Frequently Asked Questions
How large is Martin Foundation?
As of 2021, Martin Foundation holds $538K in total assets with $48K in annual revenue. It awarded 4 grants totaling $27K in 2021.
Where does Martin Foundation operate?
Martin Foundation has awarded grants in Alabama, Connecticut, Georgia, Virginia.
What size grants does Martin Foundation award?
In 2021, Martin Foundation awarded 4 grants totaling $27K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Martin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Martin Foundation reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Martin Foundation's EIN?
Martin Foundation's EIN (Employer Identification Number) is 63-6020860. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Martin Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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