Nicholas Martini Foundation
The Nicholas Martini Foundation is a private foundation based in Newark, New Jersey. In 2024, it made 87 grants totaling $813,829 to organizations including educational, health, community-service, and other charitable organizations.
Nicholas Martini Foundation at a glance
In short: Nicholas Martini Foundation gave $814K across 87 grants in 2024 (avg $9K), mostly in New Jersey. 28% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $813,829
- -16.4% vs 2023
- Grants made (2024)
- 87
- +52.6% vs 2023
- Average grant
- $9,354
- -45.3% vs 2023
- Median grant
- $3,000
- Total assets
- $10,839,012
- -4.2% vs 2023
- New grantees (estimate)
- 28% first-time grantees (24 of 87, 2024)
- Primary geography
- New Jersey (55% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Nicholas Martini Foundation
- How to Apply
-
The filing lists the foundation as the contact and states that there is no specific grant application form or required information and materials. It reports no restrictions or limitations on awards.
- Review Cycle
- No submission deadline.
- Deadline
- No submission deadline.
- Contact
Application contact: Nicholas Martini Foundation
Mailing address: PO Box 29, Newark, NJ 07101
Phone: (973) 645-6340
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Nicholas Martini Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Tri-Country Scholarship Fund ($150K). Together the top 10 received $462K.
Grant Size Distribution
310 grants across all recorded years
The most common grant size was under $50K: 294 grants of 310 (95%).
Geographic Focus
Where this funder awards grants
In 2024, 55% of grant dollars went to recipients in New Jersey and 27% to recipients in New York. Illinois and Tennessee each accounted for 3%.
Grant Distribution by State
Share of 2024 grant dollars across all 87 itemized grants.
States
Cities
Is Nicholas Martini Foundation open to new grantees?
28%
first-time grantees, 2024
In 2024, 24 of 87 grantees (28%) were first-time recipients. First grants averaged $5K; repeat grants $11K. How we count
Medians: $1K first-time, $5K repeat.
- 49% of 2024 grantees were also funded in 2023. Method
- Giving fell 40% from 2021 to 2024. Method
- In 2024 it paid out 160% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $459K (2022) to $1.4M (2021). In 2024 it made 87 grants totaling $814K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tri-Country Scholarship Fund Mendham, NJ | General Support | $150,000 |
| Passaic County Community College Paterson, NJ | General Support | $100,000 |
| Passaic Optimist Club Passaic, NJ | General Support | $30,000 |
| Tunnell to Towers Staten Island, NY | General Support | $30,000 |
| Community Food Bank Hillside, NJ | General Support | $27,000 |
| John Cabot University | General Support | $26,300 |
| Boys & Girls Club of Kip's Bay Bronx, NY | General Support | $26,120 |
| Hackensack Meridian Health Edison, NJ | General Support | $25,000 |
| International Fellowship of Christians and Jews Chicago, IL | General Support | $25,000 |
| Alsac Memphis, TN | General Support | $23,000 |
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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 | $10,839,012 | $670,633 | $1,138,133 | $813,829 | 87 | $1,011,959 | $594,817 | $631,635 |
| 2023 | $11,318,282 | $214,379 | $1,214,441 | $973,933 | 57 | $1,097,689 | $170,575 | $581,956 |
| 2022 | $12,290,000 | $144,681 | $691,960 | $458,771 | 67 | $557,982 | $144,659 | $742,988 |
| 2021 | $12,844,838 | $1,081,890 | $1,542,227 | $1,365,146 | 77 | $1,456,202 | $1,065,229 | $735,615 |
| 2020 | $13,321,530 | $1,950,292 | $1,038,230 | $854,600 | 22 | — | $1,879,624 | $652,473 |
Under IRS private-foundation payout rules, Nicholas Martini Foundation reported a distributable amount of $632K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own mission is not stated in the available information. Its 2024 grantees describe a range of activities: Passaic County Community College’s foundation says its primary purpose is scholarship support for the college’s students; the Wildlife Conservation Society says it works to save wildlife and wild places through science, conservation, and education; and the Community Food Bank and other listed grantees represent community and health services.
Grantmaking
In 2024, the foundation made 87 grants totaling $813,829. Awards ranged from $50 to $150,000, with a median grant of $3,000.
Among the largest 2024 grants were $150,000 to Tri-County Scholarship Fund and $100,000 to Passaic County Community College, both for general support. Other notable grants included $30,000 to Passaic Optimist Club, $30,000 to Tunnels to Towers, $27,000 to Community Food Bank, and $25,000 to Hackensack Meridian Health. Samaritan’s Purse received $15,000; the organization describes its work as providing spiritual and physical aid to people affected by war, poverty, disasters, disease, and famine.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William J. Martini as trustee and president, and Gail A. Hansen and William J. Martini Jr. as trustees.
Nicholas Martini Foundation is led by William J. Martini, Trustee & President on every filing since 2020; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
William J. Martini
Trustee & President
On filings since 2020
6 hrs/week
$22K (2020) → $22K (2024)
Gail A. Hansen
Trustee
On filings since 2020
0.5 hrs/week
$8K (2020) → $5K (2024)
William J. Martini Jr.
Trustee
On filings since 2020
0.5 hrs/week
$1K (2021) → $1K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $22K, to William J Martini (Trustee/President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Nicholas Martini Foundation
How much does Nicholas Martini Foundation give each year?
Nicholas Martini Foundation gave $814K across 87 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $974K across 57 grants.
What is Nicholas Martini Foundation's typical grant size?
Nicholas Martini Foundation's median grant in 2024 was $3,000, and its average grant was $9,354, across 87 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Nicholas Martini Foundation that year got $5K on average.
Where does Nicholas Martini Foundation give grants?
Nicholas Martini Foundation gives mostly in New Jersey: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (27%). The most frequent recipient cities were New York, NY (29 grants), Newark, NJ (5 grants), Bronx, NY (4 grants) and Clifton, NJ (4 grants).
Does Nicholas Martini Foundation give general operating support?
Yes: 100% of Nicholas Martini Foundation's 2024 grants with a stated purpose (87 of 87) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Nicholas Martini Foundation's largest grantees?
Nicholas Martini Foundation's largest 2024 grantees include Tri-Country Scholarship Fund ($150,000), Passaic County Community College ($100,000) and Passaic Optimist Club ($30,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is Nicholas Martini Foundation?
Nicholas Martini Foundation reported $10.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $632K (roughly 5% of its investment assets).
What does Nicholas Martini Foundation fund?
The foundation’s own mission is not stated in the available information. See mission & focus areas ↑
How do I apply for a grant from Nicholas Martini Foundation?
The filing lists the foundation as the contact and states that there is no specific grant application form or required information and materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Nicholas Martini Foundation's EIN?
Nicholas Martini Foundation's EIN (Employer Identification Number) is 22-2756049. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Nicholas Martini Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/nicholas-martini-foundation-morg_e32fca4a13d14c75a24a52b0026c9e8b
BibTeX
@misc{grantable_222756049_2026,
author = {{Grantable}},
title = {{Nicholas Martini Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nicholas-martini-foundation-morg_e32fca4a13d14c75a24a52b0026c9e8b},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Nicholas Martini 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.
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