Martin Scholarship Fund is a private foundation focused on Education, based in PONTIAC, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 28 grants totaling $132K. Net investment income was $176K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
+9.7% YoY
Annual Giving
$132K
+8.2% YoY
Grant Count
28
+3.7% YoY
Avg Grant Size
$5K
+4.3% YoY
Under IRS private-foundation payout rules, Martin Scholarship Fund reported a distributable amount of $63K for 2025 — the minimum it must pay out in qualifying distributions.
About Martin Scholarship Fund
Based on IRS filings
Martin Scholarship Fund is a private foundation focused on Education, based in PONTIAC, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 28 grants totaling $132K. Net investment income was $176K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,285,021 | $1,171,805 | $1,332,299 |
| Revenue | $176,356 | $-89,678 | $149,213 |
| Expenses | $73,842 | $62,374 | $75,901 |
| Qualifying Distributions | $130,000 | $62,000 | $82,000 |
| Net Investment Income | $176,006 | $29,409 | $149,213 |
| Distributable Amount | $62,728 | $57,739 | $53,120 |
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 2025
Grant Size Distribution
140 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include John Groves ($7,200), Brianna Hilleary ($7,200), Abigail Matern ($7,200).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHN GROVES ODELL, IL | COLLEGE SCHOLARSHIP | $5,000 |
| BRIANNA HILLEARY ODELL, IL | COLLEGE SCHOLARSHIP | $5,000 |
| ALYSSA FOX PONTIAC, IL | COLLEGE SCHOLARSHIP | $5,000 |
| EMMA O'LONE ODELL, IL | COLLEGE SCHOLARSHIP | $5,000 |
| ABIGAIL MATERN ODELL, IL | COLLEGE SCHOLARSHIP | $5,000 |
| SUMMER NEGRAY ODELL, IL | COLLEGE SCHOLARSHIP | $4,000 |
| HANA BARTNIK ODELL, IL | COLLEGE SCHOLARSHIP | $4,000 |
| GRACE MUND ODELL, IL | COLLEGE SCHOLARSHIP | $4,000 |
| ZECHARIAH LANDSTROM ODELL, IL | COLLEGE SCHOALRSHIP | $4,000 |
| LOGAN ROE ODELL, IL | COLLEGE SCHOLARSHIP | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANE LEHMANN | Chairman | 0.5 | — |
| CANDACE H LHOTKA | Treasurer | 0.5 | — |
| MICHAEL DWYER | Trustee | — | — |
| DEBRA S CAGLEY | Secretary | — | — |
| SANDRA ERICKSON | Vice-Chairman | — | — |
| Jaime Wykes | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Martin Scholarship Fund?
Martin Scholarship Fund is a private foundation focused on Education, based in PONTIAC, IL. It holds $1.3M in total assets as of 2025.
How large is Martin Scholarship Fund?
As of 2025, Martin Scholarship Fund holds $1.3M in total assets with $176K in annual revenue. It awarded 28 grants totaling $132K in 2025.
Where does Martin Scholarship Fund operate?
Martin Scholarship Fund has awarded grants in Illinois.
What size grants does Martin Scholarship Fund award?
In 2025, Martin Scholarship Fund awarded 28 grants totaling $132K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Martin Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Martin Scholarship Fund reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Martin Scholarship Fund's EIN?
Martin Scholarship Fund's EIN (Employer Identification Number) is 37-1496025. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Martin Scholarship Fund'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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