The Bobby and Gloria Martin Foundation

Private foundation · Grantmaker Raleigh, NC EIN: 23-1365662

The Bobby and Gloria Martin Foundation is a private foundation based in Raleigh, North Carolina. In its 2025 filing, it reported 18 grants totaling $64,483, primarily to organizations in North Carolina.

Key facts about The Bobby and Gloria Martin Foundation

In short: The Bobby and Gloria Martin Foundation gave $64K across 18 grants in 2025 (avg $4K), mostly in North Carolina. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
23-1365662
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$64,483
Grants made (2025)
18
Average grant
$3,582
Median grant
$1,250
New grantees (estimate)
28% first-time grantees (5 of 18, 2025)
Total assets
$722,367
Primary geography
North Carolina (97% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it 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 September 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

$722K

-2.7% YoY

Annual Giving

$64K

+30.7% YoY

Grant Count

18

+12.5% YoY

Avg Grant Size

$4K

+16.2% YoY

Under IRS private-foundation payout rules, The Bobby and Gloria Martin Foundation reported a distributable amount of $67K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Bobby and Gloria Martin Foundation open to new grantees?

28%

first-time grantees, 2025

In 2025, 5 of 18 grantees (28%) were first-time recipients. First grants averaged $1K; repeat grants $4K. How we count

Medians: $1K first-time, $2K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations whose stated missions include supporting orphans and children in need, building community resources, supporting regional healthcare, and serving adolescents through religious programs. For example, Heart’s Cry Children’s Ministry describes its work as meeting the needs of orphans and needy children and strengthening families; Neighbor to Neighbor Ministries describes its mission as building communities of hope, justice, and compassion; and Appalachian Regional Healthcare Foundation says it supports healthcare in western North Carolina.

Grantmaking

In 2025, the foundation made 18 grants totaling $64,483. Grants ranged from $100 to $23,000, with a median grant of $1,250. The largest awards included $23,000 to Hayes Barton United Methodist Church and $12,500 to the Young Men’s Christian Association of the Triangle Area, both in Raleigh. Other notable grants were $5,000 each to the Association of Student Entrepreneurs in Boone and Heart’s Cry Children’s Ministry in Raleigh, and $3,500 to Chapel by the Lake in Raleigh.

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Geographic Focus

Where this funder awards grants

In 2025, 97% of grant dollars went to recipients in North Carolina. The remaining shares were reported as 1% each for Pennsylvania, Virginia, and Colorado; Georgia was reported as 0%.

Grant Distribution by State

6states

Share of 2025 grant dollars across all 18 itemized grants.

Cities

RaleighBooneLancasterColorado SpringsLinvilleAlexandriaAtlantaDurhamNew YorkApexChapel HillGeneseeRye Brook

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K10 grants2020 12 grants2021 14 grants2022 16 grants2023 16 grants2024 18 grants2025

From 2020 to 2025, annual grant giving ranged from $10K (2020) to $65K (2021). In 2025 it made 18 grants totaling $64K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Hayes Barton United Methodist Church: $23KHayes Barton United MethodistChurch$23KThe Young Men's Christian Association of the Triangle Area Inc: $13KThe Young Men's ChristianAssociation of the Triangle…$13KAssociation of Student Entrepreneurs: $5KAssociation of StudentEntrepreneurs$5KHeart's Cry Children's Ministry: $5KHeart's Cry Children'sMinistry$5KChapel by the Lake: $4KChapel by the Lake$4KAppalachian State University Foundation: $3KAppalachian State UniversityFoundation$3KWee Care Childrens Enrichment Program: $3KWee Care Childrens EnrichmentProgram$3KStep up Ministry: $2KStep up Ministry$2KNeighbor to Neighbor Ministries: $2KNeighbor to NeighborMinistries$2KAlliance Bible Fellowship: $1KAlliance Bible Fellowship$1K

The largest 2025 recipient was Hayes Barton United Methodist Church ($23K). Together the top 10 received $59K.

Grant Size Distribution

76 grants across all recorded years

76<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 76 grants of 76 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hayes Barton United Methodist Church Raleigh, NCTo partner with mission organizations worldwide and serve in our community$23,000
The Young Men's Christian Association of the Triangle Area Inc Raleigh, NCTo advocate for christian principles through programs for a healthy spirit, mind, and body$12,500
Association of Student Entrepreneurs Boone, NCTo Empower Students to Break the Status Quo$5,000
Heart's Cry Children's Ministry Raleigh, NCTo Improve the Orphan Care Process$5,000
Chapel by the Lake Raleigh, NCTo support philanthropy cultivated by the chapel and to collectively give back to the community$3,500
Appalachian State University Foundation Boone, NCTo Support the Exempt Purpose of the Organization$3,333
Wee Care Childrens Enrichment Program Raleigh, NCTo provide a free preschool education for economically disadvantaged children$2,500
Step up Ministry Raleigh, NCTo provide pathways for people to overcome barriers and transform their lives$2,000
Neighbor to Neighbor Ministries Raleigh, NCTo Build Communities of Hope, Justice, and Compassion$1,500
Alliance Bible Fellowship Boone, NCTo Support the Exempt Purpose of the Organization$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $722,367 $46,815 $67,055 $64,483
2024 $742,700 $140,613 $56,912 $49,330
2023 $659,192 $92,711 $66,431 $57,574
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$722,367$742,700$659,192
Revenue$46,815$140,613$92,711
Expenses$67,055$56,912$66,431
Qualifying Distributions$64,807$52,178$60,698
Net Investment Income$45,936$137,177$88,978
Distributable Amount$66,994$63,864$60,284

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 4, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 28, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Robert H Martin III and Gloria C Martin as directors.

The Bobby and Gloria Martin Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gloria C. Martin

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Robert H. Martin III

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 2227 Whitman Rd, Raleigh, NC 27607
Phone: (919) 630-1992

Frequently asked questions about The Bobby and Gloria Martin Foundation

How much does The Bobby and Gloria Martin Foundation give each year?

The Bobby and Gloria Martin Foundation gave $64K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 16 grants.

What is The Bobby and Gloria Martin Foundation's typical grant size?

The Bobby and Gloria Martin Foundation's median grant in 2025 was $1,250, and its average grant was $3,582, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Bobby and Gloria Martin Foundation that year got $1K on average.

Where does The Bobby and Gloria Martin Foundation give grants?

The Bobby and Gloria Martin Foundation gives mostly in North Carolina: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (8 grants) and Boone, NC (4 grants).

Who are The Bobby and Gloria Martin Foundation's largest grantees?

The Bobby and Gloria Martin Foundation's largest 2025 grantees include Hayes Barton United Methodist Church ($23,000), The Young Men's Christian Association of the Triangle Area Inc ($12,500) and Association of Student Entrepreneurs ($5,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.

How large is The Bobby and Gloria Martin Foundation?

The Bobby and Gloria Martin Foundation reported $722K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $67K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Bobby and Gloria Martin Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations whose stated missions include supporting orphans and children in need, building community resources, supporting regional healthcare, and serving adolescents through religious programs. See mission & focus areas ↑

How do I apply for a grant from The Bobby and Gloria Martin Foundation?

The foundation states that it 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 The Bobby and Gloria Martin Foundation's EIN?

The Bobby and Gloria Martin Foundation's EIN (Employer Identification Number) is 23-1365662. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Bobby and Gloria Martin Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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