Rex and Alice A Martin Foundation Inc
Rex and Alice A Martin Foundation Inc is a private foundation based in Elkhart, Indiana. In 2025, it reported 20 grants totaling $996,700 to organizations including educational institutions, human-services organizations, and community and cultural organizations.
Key facts about Rex and Alice A Martin Foundation Inc
In short: Rex and Alice A Martin Foundation Inc gave $997K across 20 grants in 2025 (avg $50K), mostly in Indiana. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 35-2117025
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $996,700
- Grants made (2025)
- 20
- Average grant
- $49,835
- Median grant
- $30,000
- New grantees (estimate)
- 55% first-time grantees (11 of 20, 2025; small sample)
- Total assets
- $7,640,013
- Primary geography
- Indiana (55% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.6M
+6.2% YoY
Annual Giving
$997K
+33.7% YoY
Grant Count
20
+100.0% YoY
Avg Grant Size
$50K
-33.2% YoY
Under IRS private-foundation payout rules, Rex and Alice A Martin Foundation Inc reported a distributable amount of $487K for 2025 — the minimum it must pay out in qualifying distributions.
Is Rex and Alice A Martin Foundation Inc open to new grantees?
55%
first-time grantees, 2025
In 2025, 11 of 20 grantees (55%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $58K; repeat grants $40K. How we count
Medians: $25K first-time, $37K repeat.
- 25% of 2025 grantees were also funded in 2024. Method
- Giving fell 36% from 2022 to 2025. Method
- In 2025 it paid out 234% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants show support for a range of organizations and projects. For example, Culver Educational Foundation describes its mission as educating students for leadership and responsible citizenship through programs that cultivate character. Logan Community Resources says it provides services, resources, and advocacy for people with intellectual and developmental disabilities and their families. Wellfield Botanic Gardens describes its purpose as promoting the relationship between water, plants, and animals and fostering stewardship of the natural world.
Grantmaking
In 2025, the foundation made 20 grants totaling $996,700. Grants ranged from $200 to $400,000, with a median of $30,000.
The largest listed 2025 grants included $400,000 to University of Illinois Foundation for a Softball Center; $100,000 to University of Notre Dame for the Hesburgh Women of Impact Fund; and $50,000 each to ADEC Inc for a resource center, Culver Educational Foundation for the Martin Family Scholarship, Hubbard Hill Estates Inc for an early learning center, Logan Community Resources Inc for a growth opportunity, Middlesex School for a field house, and Wellfield Botanic Garden Inc for a visitor center garden.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Rex and Alice A Martin Foundation Inc?
Geographic Focus
Where this funder awards grants
In 2025, 55% of grant dollars went to recipients in Indiana, 40% to recipients in Illinois, and 5% to recipients in Massachusetts. The filing reports less than 1% to Michigan.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $746K (2024) to $2.6M (2021). In 2025 it made 20 grants totaling $997K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Illinois Foundation ($400K). Together the top 10 received $872K.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was under $50K: 44 grants of 68 (65%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois Foundation Champaign, IL | Softball Center | $400,000 |
| University of Notre Dame Notre Dame, IN | Hesburgh Women of Impact Fund | $100,000 |
| ADEC Inc Elkhart, IN | Platinum Sponsor - Resource Center | $50,000 |
| Culver Educational Foundation Culver, IN | Martin Family Scholarship | $50,000 |
| Hubbard Hill Estates Inc Elkhart, IN | Early Learning Center | $50,000 |
| Logan Community Resources Inc South Bend, IN | Phase 3 - Logan & CAPS Growth Opportunity | $50,000 |
| Middlesex School Concord, MA | The Field House | $50,000 |
| Wellfield Botanic Garden Inc Elkhart, IN | Visitor Center Garden | $50,000 |
| Premier Arts Elkhart, IN | Women's Luncheon Table; Underwriting 2025 Season | $36,500 |
| Elkhart Festivals Inc Elkhart, IN | Downtown Elkhart Lighting Project | $35,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $7,640,013 | $1,657,230 | $1,211,819 | $996,700 |
| 2024 | $7,194,602 | $737,217 | $1,096,647 | $745,500 |
| 2023 | $7,554,032 | $2,153,211 | $2,013,800 | $1,962,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,640,013 | $7,194,602 | $7,554,032 |
| Revenue | $1,657,230 | $737,217 | $2,153,211 |
| Expenses | $1,211,819 | $1,096,647 | $2,013,800 |
| Qualifying Distributions | $1,140,272 | $1,030,573 | $1,962,063 |
| Net Investment Income | $395,583 | $671,125 | $1,501,474 |
| Distributable Amount | $487,394 | $453,164 | $456,489 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Alexis Martin-Klose as President and Director; Ashley Martin as Secretary, Treasurer, and Director; and Rex Martin as Director.
Rex and Alice A Martin Foundation Inc is led by Alexis Martin-Klose, President & Director on every filing since 2024; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Alexis Martin-Klose
President & Director
On filings since 2024
10 hrs/week
$100K (2024) → $50K (2025)
Ashley Martin
Secretary, Treasurer & Director
Treasurer & Director → Secretary, Treasurer & Director, 2024
On filings since 2021
5 hrs/week
$50K (2021) → $50K (2025)
Rex Martin
Director
President & Director → Director, 2024
On filings since 2021
5 hrs/week
$50K (2021) → $50K (2025)
Former officers (1)
- Former: Alexis Martin (2021–2023) — Secretary & Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $50K, to Alexis Martin-Klose (President & Director). 3 officers or directors reported compensation on that filing.
Contact
Mailing address: 1516 Middlebury Street, Elkhart, IN 46516-4740
Phone: (574) 295-3000
Frequently asked questions about Rex and Alice A Martin Foundation Inc
How much does Rex and Alice A Martin Foundation Inc give each year?
Rex and Alice A Martin Foundation Inc gave $997K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $746K across 10 grants.
What is Rex and Alice A Martin Foundation Inc's typical grant size?
Rex and Alice A Martin Foundation Inc's median grant in 2025 was $30,000, and its average grant was $49,835, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Rex and Alice A Martin Foundation Inc that year got $58K on average.
Where does Rex and Alice A Martin Foundation Inc give grants?
Rex and Alice A Martin Foundation Inc gives mostly in Indiana: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (40%) and Massachusetts (5%). The most frequent recipient cities were Elkhart, IN (12 grants) and South Bend, IN (3 grants).
Does Rex and Alice A Martin Foundation Inc give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Rex and Alice A Martin Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Rex and Alice A Martin Foundation Inc's largest grantees?
Rex and Alice A Martin Foundation Inc's largest 2025 grantees include University of Illinois Foundation ($400,000), University of Notre Dame ($100,000) and ADEC Inc ($50,000), according to its 2025 IRS Form 990-PF. Together they received 55% of its itemized 2025 grant dollars.
How large is Rex and Alice A Martin Foundation Inc?
Rex and Alice A Martin Foundation Inc reported $7.6M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $487K (roughly 5% of its investment assets).
What does Rex and Alice A Martin Foundation Inc fund?
No mission statement for the foundation is provided. Its grants show support for a range of organizations and projects. For example, Culver Educational Foundation describes its mission as educating students for leadership and responsible citizenship through programs that cultivate character. See mission & focus areas ↑
How do I apply for a grant from Rex and Alice A Martin Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rex and Alice A Martin Foundation Inc's EIN?
Rex and Alice A Martin Foundation Inc's EIN (Employer Identification Number) is 35-2117025. IRS Form 990 filing data is available on this page for 2021–2025.
Does Rex and Alice A Martin Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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