The Martin B Greenberg Foundation Inc

TENAFLY, NJ EIN: 51-0352079

The Martin B Greenberg Foundation Inc, also known as the Martin Guitar Foundation, is a philanthropic organization that supports music and community-based initiatives. The foundation maintains a focus on charitable giving within its areas of interest.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-9.1% YoY

Annual Giving

$190K

+35.8% YoY

Grant Count

+22.5% YoY

Avg Grant Size

$4K

+10.8% YoY

Under IRS private-foundation payout rules, The Martin B Greenberg Foundation Inc reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation supports music and community organizations through its grantmaking program.

Grantmaking

The foundation distributes grants to music and community organizations on an annual basis.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $654K (60%)

Florida $403K (37%)

Texas $23K (2%)

Georgia $4K (0%)

District of Columbia $832 (0%)

California $800 (0%)

New Jersey $760 (0%)

Massachusetts $603 (0%)

+6 more states

States

California Connecticut District of Columbia Florida Georgia Illinois Massachusetts Maryland Missouri New Hampshire New Jersey New York Tennessee Texas

Cities

Boca RatonBoys RanchBrooklineChicagoClermontCoconut CreekColumbiaDallasElmontFort LauderdaleGarden CityGreenvaleHempsteadHicksvilleJacksonvilleKansas CityKennesawLanhamLiberty CornerLocust Valley

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,359,033	$1,495,619	$1,540,447
Revenue	$13,329	$28,418	$31,360
Expenses	$212,027	$160,884	$208,461
Qualifying Distributions	$189,529	$139,608	$185,523
Net Investment Income	$92,259	$93,286	$28,836
Distributable Amount	$78,747	$77,539	$87,199

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

194 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northwell Health Foundation ($56,900), Jewish Federation of South Palm Beach County ($35,400), New York-presbyterian Fund Inc ($25,000).

Recipient	Purpose	Amount
NORTHWELL HEALTH FOUNDATION NEW HYDE PARK, NY	SUPPORT PIONEERINGMEDICAL RESEARCH &STATE OF THE ART CARE	$56,900
JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY BOCA RATON, FL	INSPIRE & GALVANIZE LOCALRESIDENTS TO BUILD A STRONGCARING JEWISH COMMUNITY	$35,400
NEW YORK-PRESBYTERIAN FUND INC NEW YORK, NY	CAMPAIGN FOR NEW YORK-PRESBYTERIAN HOSPITAL	$25,000
BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FL	FUNDING PROGRAMS, TECHNOLOGY& CAPITAL IMPROV FOR THE LYNNHEART & VASCULAR INSTITUTE	$22,500
BROWARD PERFORMING ARTS FOUNDATION FORT LAUDERDALE, FL	SUPPORT THE EDUCATIONPROGRAM	$10,000
GUIDING EYES FOR THE BLIND YORKTOWN HEIGHTS, NY	PROVIDING GUIDE DOGSTO THE VISUALLY IMPAIRED	$6,124
JUNIOR ACHIEVEMENT OF SOUTH FLORIDA COCONUT CREEK, FL	PREPARE MIDDLE & HIGH SCHOOLSTUDENTS FOR KEY ECONOMIC & WORKFORCEISSUES THEY WILL FACE	$5,000
AMERICAN HEART ASSOCIATION DALLAS, TX	FUND RESEARCH, EDUCATE & ADVOCATE FOR POLICIES THATHELP PEOPLE LIVE HEALTHIER LIVES	$5,000
HOFSTRA UNIVERSITY ALUMNI AFFAIRS HEMPSTEAD, NY	PROVIDE MANY OPPORTUNITIES FORHOFSTRA GRADUATES ANDFRIENDS OF THE UNIVERSITY	$5,000
GIFT OF LIFE MARROW REGISTRY BOCA RATON, FL	CURING BLOOD CANCER ANDINHERITED IMMUNE DISORDERSTHROUGH BONE MARROW	$1,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID GREENBERG	CHAIRMAN	5	—
PAUL REICHENBERG	TREASURER	3	$20,000

Recent News & Activity

Recent developments and announcements

2024

In 2024, the Martin Guitar Foundation announced $596,500 in grants distributed to music and community organizations. The foundation maintains an active grantmaking program with regular annual announcements of grant awards.

Martin Guitar Foundation Announces 2024 Grants Totaling $596,500

Frequently Asked Questions

What does The Martin B Greenberg Foundation Inc fund?

The foundation supports music and community organizations through its grantmaking program.

How do I apply for a grant from The Martin B Greenberg Foundation Inc?

The foundation distributes grants to music and community organizations on an annual basis. **Recent Grant Activity:** • 2024: Announced grants totaling $596,500 • 2023: Announced grants to music and community organizations • Community grants program: Awards up to $35,000 in community grants

What size grants does The Martin B Greenberg Foundation Inc award?

In 2024, The Martin B Greenberg Foundation Inc awarded 49 grants totaling $190K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is The Martin B Greenberg Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Martin B Greenberg Foundation Inc reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Martin B Greenberg Foundation Inc's EIN?

The Martin B Greenberg Foundation Inc's EIN (Employer Identification Number) is 51-0352079. IRS Form 990 filing data is available on this page for 2020–2024.