Ray & Diana Martin Family Foundation
Ray & Diana Martin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $338K in total assets. In 2024, it awarded 13 grants totaling $23K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$338K
-0.8% YoY
Annual Giving
$23K
-34.6% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$2K
-44.6% YoY
Under IRS private-foundation payout rules, Ray & Diana Martin Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Ray & Diana Martin Family Foundation
Based on IRS filings
Ray & Diana Martin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $338K in total assets. In 2024, it awarded 13 grants totaling $23K. Net investment income was $21K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $338,350 | $341,030 | $322,811 |
| Revenue | $24,886 | $57,416 | $22,458 |
| Expenses | $27,566 | $39,197 | $48,835 |
| Qualifying Distributions | $23,000 | $35,145 | $44,325 |
| Net Investment Income | $20,645 | $23,410 | $18,237 |
| Distributable Amount | $23,643 | $21,842 | $22,329 |
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 2024
Grant Size Distribution
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Palos Verdes Performing Arts ($12,500), Rolling Hills United Methodist Church ($3,000), Toberman Neighborhood Center ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TOBERMAN NEIGHBORHOOD CENTER SAN PEDRO, CA | To provide support to the organization | $1,000 |
| THE VOLUNTEER CENTER TORRANCE, CA | To provide support to the organization | $1,000 |
| CHILDCARE WORLDWIDE BELLINGHAM, WA | To provide support to the organization | $1,000 |
| PALOS VERDES ART CENTER RANCHO PALOS VERDES, CA | To provide support to the organization | $1,000 |
| PALOS VERDES PERFORMING ARTS ROLLING HILLS ESTATE, CA | To provide support to the organization | $12,500 |
| SAN PEDRO PENINSULA CANCER GUILD RANCHO PALOS VERDES, CA | To provide support to the organization | $500 |
| ROLLING HILLS UNITED METHODIST CHURCH ROLLING HILLS ESTATES, CA | To provide support to the organization | $3,000 |
| PROVIDENCE MEDICAL CENTERTRINITYCARE HOSPICE FUDR TORRANCE, CA | To provide support to the organization | $1,000 |
| Smile Train New York, NY | To provide support to the organization | $250 |
| Fisher House Southern California Long beach, CA | To provide support to the organization | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANA MARTIN | Chief Executive Officer | — | — |
| THERESA COCHRAN | Chief Financial Officer | — | — |
| REBECCA GALLAGHER | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ray & Diana Martin Family Foundation?
Ray & Diana Martin Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PASADENA, CA. It holds $338K in total assets as of 2024.
How large is Ray & Diana Martin Family Foundation?
As of 2024, Ray & Diana Martin Family Foundation holds $338K in total assets with $25K in annual revenue. It awarded 13 grants totaling $23K in 2024.
Where does Ray & Diana Martin Family Foundation operate?
Ray & Diana Martin Family Foundation has awarded grants in California, District of Columbia, Florida, Illinois, North Carolina, New York, Tennessee, Washington.
What size grants does Ray & Diana Martin Family Foundation award?
In 2024, Ray & Diana Martin Family Foundation awarded 13 grants totaling $23K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ray & Diana Martin Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ray & Diana Martin Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray & Diana Martin Family Foundation's EIN?
Ray & Diana Martin Family Foundation's EIN (Employer Identification Number) is 95-4671304. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ray & Diana Martin Family Foundation'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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