The Julio A Martinez Memorial Fund
The Julio A Martinez Memorial Fund is a public charity based in the Bronx, New York. Formed in 2023, it states that it provides academic, emotional, financial, and other relevant support for children, with a focus on youth in disadvantaged communities.
The Julio A Martinez Memorial Fund at a glance
In short: The Julio A Martinez Memorial Fund gave $509K across 10 grants in 2025 (avg $51K), mostly in New York. 80% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $509,000
- +217.1% vs 2024
- Grants made (2025)
- 10
- +25.0% vs 2024
- Average grant
- $50,900
- +153.7% vs 2024
- Median grant
- $19,500
- Total assets
- $626,927
- -31.5% vs 2024
- New grantees (estimate)
- 80% first-time grantees (8 of 10, 2025; small sample)
- Primary geography
- New York (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Julio A Martinez Memorial Fund
- How to Apply
-
No application process or instructions are provided in the available information.
- Contact
Mailing address: 1064 Franklin Ave, Bronx, NY 10456
Phone: (718) 861-5650
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Julio A Martinez Memorial Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Promesa Inc ($300K). Together the top 10 received $509K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 21 grants of 22 (95%).
Geographic Focus
Where this funder awards grants
The fund’s stated mission refers to children from all areas of New York. In 2025, 96% of grant dollars went to recipients in New York State; the state for the remaining 4% is unspecified.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is The Julio A Martinez Memorial Fund open to new grantees?
80%
first-time grantees, 2025
In 2025, 8 of 10 grantees (80%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $61K; repeat grants $10K. How we count
Medians: $29K first-time, $10K repeat.
- 20% of 2025 grantees were also funded in 2024. Method
Estimate from itemized grant lists in IRS Form 990 filings (2023–2025). 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 2025, annual grant giving ranged from $2K (2020) to $509K (2025). In 2025 it made 10 grants totaling $509K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Promesa Inc Bronx, NY | General | $300,000 |
| Acacia Gardens Affordable LLC Bronx, NY | General | $49,000 |
| Crotona Park Residences LLC Bronx, NY | General | $40,000 |
| Promesa HDFC Bronx, NY | General | $37,000 |
| El Otro Puerto Rico Inc | General | $20,000 |
| Grand Street Settlement New York, NY | General | $19,000 |
| Urban Renaissance Collaboration LP Bronx, NY | General | $17,000 |
| Dorill Initiative Inc New York, NY | General | $10,000 |
| Out of Darkness Rochester, NY | General | $10,000 |
| Promesa Court LP Bronx, NY | General | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $626,927 | $300,534 | $583,116 | $509,000 | 10 | $398 |
| 2024 | $914,957 | $292,866 | $273,589 | $160,500 | 8 | $711 |
| 2023 | $880,519 | $244,889 | $191,330 | $70,905 | 4 | $738 |
| 2022 | $810,248 | $210,269 | $187,790 | $7,500 | Total only | $717 |
| 2021 | $904,698 | $311,384 | $169,403 | $4,500 | Total only | $8,163 |
| 2020 | $658,280 | $13,244 | $115,007 | $2,000 | Total only | $10,344 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is to support children from all areas of New York, focusing on youth in disadvantaged communities. Its 2024 filing says it provided scholarships and grants to organizations focused on supporting children in disadvantaged communities.
Among the organizations it supported in 2025, Grand Street Settlement received $19,000. The organization describes its work as expanding opportunities for low-income families and individuals through culturally relevant services, including programs ranging from early childhood to youth development.
Grantmaking
In 2025, the fund reported 10 grants totaling $509,000. Grant amounts ranged from $7,000 to $300,000, with a median of $19,500. The largest grants were $300,000 to Promesa Inc, $49,000 to Acacia Gardens Affordable LLC, $40,000 to Crotona Park Residences LLC, and $37,000 to Promesa HDFC. All four grants were listed with the purpose “GENERAL.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Raul Russi as president, Lymaris Albors as chief executive officer, Jose A Rodriguez as chief legal officer/executive vice president, Vicky Gatell as chief financial officer, Henry Comas as chair, Angel Audiffred as vice chair, Wilfred Renta as treasurer, and Anthony Rivera as secretary. It also lists Deborah Quinones and Angel Cruz Esq as members; Angel Cruz’s service is noted as ending March 9, 2025.
The Julio A Martinez Memorial Fund is led by Lymaris Albors, Chief Executive Officer since 2024 (on filings since 2020); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lymaris Albors
Chief Executive Officer
Chief of Staff & COO Acacia Network → CEO Acacia Network, 2022
CEO Acacia Network → Chief Executive Officer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Raul Russi
President
CEO President Acacia Network → President Acacia Network, 2022
President Acacia Network → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Henry Comas
Chair
New on the 2025 filing
1 hr/week
No compensation reported
Jose A. Rodriguez
Chief Legal Officer & Executive Vice President
Clo Acacia Network → Chief Legal Officer & Executive Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Angel Audiffred
Vice Chair
Secretary → Vice Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Angel Cruz Esq.
Member
On filings since 2021
1 hr/week
No compensation reported
Anthony Rivera
Secretary
Member → Secretary, 2022
On filings since 2021
1 hr/week
No compensation reported
Wilfred Renta
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Deborah Quinones
Member
On filings since 2022
1 hr/week
No compensation reported
Vicky Gatell
Chief Financial Officer
CFO Acacia Network → Chief Financial Officer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (9)
- Former: Kaleb H. Sanchez Esq. (2021–2024) — Chair
- Former: Maria Del Carmen Arroy (2022) — Chief Administrative
- Former: Milton Derienzo (2020–2021) — CFO Acacia Network
- Former: Edna Quinones (2020) — Treasurer
- Former: Erica Y Martinez (2020) — Secretary
- Former: Maria Rivera (2020) — Vice Chair
- Former: Maritza Lopez (2020) — Member
- Former: Milagros Baez O'Toole (2020) — Chair
- Former: Pamela Mattel (2020) — Former COO
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.
Frequently asked questions about The Julio A Martinez Memorial Fund
How much does The Julio A Martinez Memorial Fund give each year?
The Julio A Martinez Memorial Fund gave $509K across 10 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $161K across 8 grants.
What is The Julio A Martinez Memorial Fund's typical grant size?
The Julio A Martinez Memorial Fund's median grant in 2025 was $19,500, and its average grant was $50,900, across 10 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Julio A Martinez Memorial Fund that year got $61K on average.
Where does The Julio A Martinez Memorial Fund give grants?
The Julio A Martinez Memorial Fund gives mostly in New York: 96% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Bronx, NY (6 grants) and New York, NY (2 grants).
Does The Julio A Martinez Memorial Fund give general operating support?
Yes: 100% of The Julio A Martinez Memorial Fund's 2025 grants with a stated purpose (10 of 10) were for general or operating support, per its 2025 IRS Form 990.
Who are The Julio A Martinez Memorial Fund's largest grantees?
The Julio A Martinez Memorial Fund's largest 2025 grantees include Promesa Inc ($300,000), Acacia Gardens Affordable LLC ($49,000) and Crotona Park Residences LLC ($40,000), according to its 2025 IRS Form 990. Together they received 76% of its itemized 2025 grant dollars.
How large is The Julio A Martinez Memorial Fund?
The Julio A Martinez Memorial Fund reported $627K in total assets on its 2025 IRS Form 990. Its revenue that year was $301K.
What does The Julio A Martinez Memorial Fund fund?
The fund’s stated mission is to support children from all areas of New York, focusing on youth in disadvantaged communities. Its 2024 filing says it provided scholarships and grants to organizations focused on supporting children in disadvantaged communities. See mission & focus areas ↑
How do I apply for a grant from The Julio A Martinez Memorial Fund?
No application process or instructions are provided in the available information. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Julio A Martinez Memorial Fund's EIN?
The Julio A Martinez Memorial Fund's EIN (Employer Identification Number) is 81-0623501. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 13, 2023)
Live grants for the work The Julio A Martinez Memorial Fund funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Julio A Martinez Memorial Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Julio A Martinez Memorial Fund funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/the-julio-a-martinez-memorial-fund-morg_1d18771290a74178aa8ef845d3f403bb
BibTeX
@misc{grantable_810623501_2026,
author = {{Grantable}},
title = {{The Julio A Martinez Memorial Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-julio-a-martinez-memorial-fund-morg_1d18771290a74178aa8ef845d3f403bb},
note = {Accessed 2026-10-24. 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 The Julio A Martinez Memorial Fund'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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