Martini Family Foundation

NEW YORK, NY EIN: 65-6469293

Martini Family Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 16 grants totaling $460K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30K

-68.9% YoY

Annual Giving

$460K

+236.6% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$29K

+215.5% YoY

Under IRS private-foundation payout rules, Martini Family Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Martini Family Foundation

Based on IRS filings

Martini Family Foundation is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 16 grants totaling $460K. Net investment income was $1K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

BostonBrooklynDenverDuboisEast HamptonJacksonJamaicaMarshfieldMaspethMiddleburyMobileNew OrleansNew YorkPort WashingtonQueensRedwood CitySaint LousSan DiegoWashingtonWoodbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$217K$434K$651K$868K20202021202220232024
Metric202420232022
Total Assets$30,206$97,153$133,299
Revenue$291,834$293,510$292,087
Expenses$459,628$140,562$336,718
Qualifying Distributions$459,628$136,639$336,526
Net Investment Income$1,286$6,700$281,587
Distributable Amount$14,255$6,446$12,776

Giving Over Time

Total grant dollars and number of grants per year

$0$115K$230K$345K$460K13 grants202020 grants202116 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SUCCESS ACADEMY CHARTER …$252KFRIENDS OF HUDSON RIVER …$99KMIDDLEBURY COLLEGE$50KMETROPOLITAN OVAL FOUNDA…$25KCONVENT OF THE SACRED HE…$20KMANHATTAN KICKERS$5KMET MUSEUM$2KST JOHNS$1KFRIENDS OF WASHINGTON MA…$1KAMERICA NEEDS YOU$1K

Grant Size Distribution

80 grants across all recorded years

69<$50K4$50–100K5$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Success Academy Charter Schools ($252,350), Friends of Hudson River Park ($98,973), Middlebury College ($50,071).

RecipientPurposeAmount
AMERICA NEEDS YOU NEW YORK, NYFOR OPERATIONS$1,049
CITIZENS COMMITTEE FOR THE CHILDREN OF NY NEW YORK, NYFOR OPERATIONS$515
CONVENT OF THE SACRED HEART NEW YORK, NYFOR OPERATIONS$20,362
FRIENDS OF DUANE PARK NEW YORK, NYFOR OPERATIONS$511
FRIENDS OF HUDSON RIVER PARK NEW YORK, NYFOR OPERATIONS$98,973
FRIENDS OF WASHINGTON MARKET PARK NEW YORK, NYFOR OPERATIONS$1,121
JACKSON HOLE SKI & SNOWBOARD CLUB JACKSON, WYFOR OPERATIONS$504
MANHATTAN KICKERS NEW YORK, NYFOR OPERATIONS$5,200
MET MUSEUM NEW YORK, NYFOR OPERATIONS$1,500
METROPOLITAN OVAL FOUNDATION MASPETH, NYFOR OPERATIONS$24,879

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SAMUEL F MARTINITRUSTEE0.5
ERICA A MARTINITRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Martini Family Foundation?

Martini Family Foundation is a private foundation focused on Education, based in NEW YORK, NY. It holds $30K in total assets as of 2024.

How large is Martini Family Foundation?

As of 2024, Martini Family Foundation holds $30K in total assets with $292K in annual revenue. It awarded 16 grants totaling $460K in 2024.

Where does Martini Family Foundation operate?

Martini Family Foundation has awarded grants in Alabama, California, Colorado, District of Columbia, Louisiana, Massachusetts, Missouri, New York, Vermont, Wyoming.

What size grants does Martini Family Foundation award?

In 2024, Martini Family Foundation awarded 16 grants totaling $460K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Martini Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Martini Family Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Martini Family Foundation's EIN?

Martini Family Foundation's EIN (Employer Identification Number) is 65-6469293. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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