Martini-Welch Family Foundation
Martini-Welch Family Foundation is a private foundation focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 9 grants totaling $880K. Net investment income was $5K.
Martini-Welch Family Foundation at a glance
In short: Martini-Welch Family Foundation gave $880K across 9 grants in 2024 (avg $98K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $879,924
- +170.3% vs 2023
- Grants made (2024)
- 9
- +80.0% vs 2023
- Average grant
- $97,769
- +50.2% vs 2023
- Median grant
- $35,000
- Primary geography
- New York (57% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Martini-Welch Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Shoals Marine Laboratory Cornell University ($500K). Together the top 9 received $880K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 24 grants of 29 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Martini-Welch Family Foundation gives
- Giving grew 1308% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $63K (2020) to $880K (2024). In 2024 it made 9 grants totaling $880K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shoals Marine Laboratory Cornell University Ithaca, NY | To support marine science education, research, and outreach through academic programming and innovative collaborations. | $500,000 |
| University of Alaska Foundation Anchorage, AK | Financial support for the university of Alaska and its philanthropic mission. | $117,424 |
| Star Island Corporation Portsmouth, NH | To provide financial support to build community, employ economic fiscal practices, enhance the experience of the natural environment, and maintain stewardship practices of star island | $100,000 |
| Human Anatomy and Physiology Society Lagrange, GA | To promote and support programs and the mission of excellence in teaching anatomy and physiology | $100,000 |
| Center for Wooden Boats Seattle, WA | To support the living museum and its programs, including the preservation of maritime heritage | $35,000 |
| 385TH Bomb Group Alpharetta, GA | To support the historical documentation of the 385th bomb group. | $10,000 |
| Lahaina Yacht Club Fire Rebuild Fund Lahaina, HI | To aid in rebuilding structures damaged during the lahaina wildfires | $10,000 |
| Maui Humane Society Puunene, HI | To promote and support programs that protect and save the lives of maui's animals, educating the community, and inspiring respect and compassion toward all animals. | $5,000 |
| Eeyp Inc Richmond, TX | To support and promote programs that cultivate leaders, maintain a deep investment in youth, foster pride in our community, and build health pathways for self expression. | $2,500 |
Ready to take the next step with Martini-Welch Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $5,227 | $894,142 | $879,924 | 9 | $879,924 | $5,227 | $22,567 |
| 2023 | $914,130 | $-7,757 | $331,997 | $325,501 | 5 | $325,501 | $17,684 | $39,555 |
| 2022 | $1,253,884 | $64,385 | $70,655 | $65,500 | 7 | $65,500 | $64,026 | $54,615 |
| 2021 | $1,262,659 | $78,036 | $67,180 | $62,500 | 4 | $62,500 | $77,826 | $65,093 |
| 2020 | $1,251,379 | $2,104 | $70,850 | $62,500 | 4 | — | $2,104 | $56,924 |
Under IRS private-foundation payout rules, Martini-Welch Family Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Martini-Welch Family Foundation is led by Frederic H. Martini, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frederic H. Martini
President
On filings since 2020
1 hr/week
No compensation reported
Pk Martini
Director
On filings since 2020
1 hr/week
No compensation reported
Dirk Edwards
Vice President
On filings since 2020
1 hr/week
No compensation reported
Kathleen Welch
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Martini-Welch Family Foundation
How much does Martini-Welch Family Foundation give each year?
Martini-Welch Family Foundation gave $880K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $326K across 5 grants.
What is Martini-Welch Family Foundation's typical grant size?
Martini-Welch Family Foundation's median grant in 2024 was $35,000, and its average grant was $97,769, across 9 grants on its 2024 IRS Form 990-PF.
Where does Martini-Welch Family Foundation give grants?
Martini-Welch Family Foundation gives mostly in New York: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Alaska (13%) and Georgia (13%).
Does Martini-Welch Family Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on Martini-Welch Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Martini-Welch Family Foundation's largest grantees?
Martini-Welch Family Foundation's largest 2024 grantees include Shoals Marine Laboratory Cornell University ($500,000), University of Alaska Foundation ($117,424) and Star Island Corporation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.
What is Martini-Welch Family Foundation?
Martini-Welch Family Foundation is a private foundation focused on Education, based in Raleigh, NC.
How much is Martini-Welch Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Martini-Welch Family Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Martini-Welch Family Foundation's EIN?
Martini-Welch Family Foundation's EIN (Employer Identification Number) is 84-4034486. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Martini-Welch Family Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Martini-Welch Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
Ima Foundation
Wichita, KS
Assets
$11.4M
Grants
602
Total Given
$831K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Orange County Community Foundation
Irvine, CA
The Orange County Community Foundation supports a wide range of causes, including human services, education, health, arts, the environment, and community development, primarily in Orange County and also beyond. Its 2025 grants had a median of $25,000, though amounts varied widely; it does not accept unsolicited requests.
Assets
$743.6M
Grants
975
Total Given
$120.4M
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Martini-Welch Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Martini-Welch Family Foundation down — hundreds of funders to go?