The Martin & Jody Grass

Private foundation · Grantmaker Boca Raton, FL EIN: 54-2000520

The Martin & Jody Grass is a private foundation, based in Boca Raton, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $813K in total assets. In 2024, it awarded 1 grant totaling $40K. Net investment income was $1K.

Key facts about The Martin & Jody Grass

In short: The Martin & Jody Grass gave $40K across 1 grant in 2024 (avg $40K), mostly in Florida. Source: 2024 IRS Form 990-PF.

EIN
54-2000520
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$39,500
Grants made (2024)
1
Average grant
$39,500
Median grant
$39,500
Total assets
$813,034
Primary geography
Florida (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$813K

-4.5% YoY

Annual Giving

$40K

+11.3% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$40K

+122.5% YoY

Under IRS private-foundation payout rules, The Martin & Jody Grass reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

How The Martin & Jody Grass gives

  • Giving held roughly steady from 2021 to 2024 (+10%). Method
  • In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Boca RatonWeston

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20201 grants20212 grants20222 grants20231 grants2024

From 2020 to 2024, annual grant giving ranged from $36K (2023) to $41K (2020). In 2024 it made 1 grant totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Boca Raton Museum of Art: $40KBoca Raton Museum of Art$40K

The largest 2024 recipient was Boca Raton Museum of Art ($40K).

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boca Raton Museum of Art Boca Raton, FLGeneral Purpose$39,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K20202021202220232024
Metric202420232022
Total Assets$813,034$851,226$879,327
Revenue$9,868$8,059$7,640
Expenses$48,060$36,160$44,070
Qualifying Distributions$39,500$35,500$39,500
Net Investment Income$1,305$7,432$3,070
Distributable Amount$49,861$39,444$35,959

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Martin & Jody Grass is led by Martin L. Grass, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Martin L. Grass

    President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Jody H. Grass

    Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Martin & Jody Grass

How much does The Martin & Jody Grass give each year?

The Martin & Jody Grass gave $40K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 2 grants.

How large is The Martin & Jody Grass?

The Martin & Jody Grass reported $813K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $50K (roughly 5% of its investment assets).

Where does The Martin & Jody Grass operate?

The Martin & Jody Grass has awarded grants in Florida.

What is The Martin & Jody Grass's EIN?

The Martin & Jody Grass's EIN (Employer Identification Number) is 54-2000520. IRS Form 990 filing data is available on this page for 2020–2024.

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

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