Rainer and Julie S Martens Foundation is a private foundation focused on Health, based in ORMOND BEACH, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $65K. Net investment income was $19K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$65K
Grant Count
2
Avg Grant Size
$32K
Under IRS private-foundation payout rules, Rainer and Julie S Martens Foundation reported a distributable amount of $1K for 2021 — the minimum it must pay out in qualifying distributions.
About Rainer and Julie S Martens Foundation
Based on IRS filings
Rainer and Julie S Martens Foundation is a private foundation focused on Health, based in ORMOND BEACH, FL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $65K. Net investment income was $19K.
Focus Areas
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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 | — | $48,035 |
| Revenue | $18,781 | $283 |
| Expenses | $65,076 | — |
| Qualifying Distributions | $64,958 | — |
| Net Investment Income | $18,781 | $191 |
| Distributable Amount | $1,384 | $2,436 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Martens Charities Inc ($54,958), Daily Bread Soup Kitchen ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DAILY BREAD SOUP KITCHEN CHAMPAIGN, IL | PROVIDE MEALS FOR NEEDY PERSONS IN CHAMPAIGN-URBANA, ILLINOIS | $10,000 |
| MARTENS CHARITIES INC ORMOND BEACH, FL | CONSTRUCT BUILDING FOR THE CITY OF DAYTONA BEACH, FL | $54,958 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAINER MARTENS | PRES/TREAS/DIR | 0.1 | — |
| JULIE S MARTENS | SEC/DIR | 0.1 | — |
| BRIAN HOLDING | VP/DIR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rainer and Julie S Martens Foundation?
Rainer and Julie S Martens Foundation is a private foundation focused on Health, based in ORMOND BEACH, FL. It holds — in total assets as of 2021.
Where does Rainer and Julie S Martens Foundation operate?
Rainer and Julie S Martens Foundation has awarded grants in Florida, Illinois.
What size grants does Rainer and Julie S Martens Foundation award?
In 2021, Rainer and Julie S Martens Foundation awarded 2 grants totaling $65K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Rainer and Julie S Martens Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Rainer and Julie S Martens Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rainer and Julie S Martens Foundation's EIN?
Rainer and Julie S Martens Foundation's EIN (Employer Identification Number) is 37-1350008. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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