The Martin Family Foundation
The Martin Family Foundation is a private foundation, based in Kahului, HI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $402K in total assets. In 2025, it awarded 2 grants totaling $20K. Net investment income was $9K.
The Martin Family Foundation at a glance
In short: The Martin Family Foundation gave $20K across 2 grants in 2025 (avg $10K), mostly in Hawaii. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- -90.9% vs 2024
- Grants made (2025)
- 2
- -50.0% vs 2024
- Average grant
- $10,000
- -81.8% vs 2024
- Median grant
- $10,000
- Total assets
- $401,857
- -4.6% vs 2024
- Primary geography
- Hawaii (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Martin Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Hawaiian Canoe Club ($10K). Together the top 2 received $20K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 24 grants of 36 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How The Martin Family Foundation gives
- Giving fell 97% from 2022 to 2025. Method
- In 2025 it paid out 87% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $20K (2025) to $891K (2021). In 2025 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hawaiian Canoe Club Kahului, HI | General Grant | $10,000 |
| Maui Health Foundation Wailuki, HI | Holiday Celebration & Hui Pledge | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $401,857 | $8,620 | $27,935 | $20,000 | 2 | $20,000 | $8,620 | $22,928 |
| 2024 | $421,172 | $17,301 | $222,385 | $220,000 | 4 | $220,000 | $17,301 | $14,345 |
| 2023 | $626,256 | $157,588 | $592,106 | $302,500 | 5 | $592,106 | $157,588 | $43,091 |
| 2022 | $1,060,775 | $533,684 | $794,675 | $750,989 | 8 | $794,675 | $516,309 | $72,191 |
| 2021 | $1,321,765 | $1,139,033 | $899,171 | $890,837 | 17 | $899,171 | $1,139,033 | $90,993 |
| 2020 | $1,681,639 | $745,174 | $897,261 | $875,750 | 16 | — | $277,475 | $88,987 |
Under IRS private-foundation payout rules, The Martin Family Foundation reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Martin Family Foundation is led by Peter K Martin, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter K Martin
President
On filings since 2020
No compensation reported
Deborah L Martin
Secretary & Treasurer
On filings since 2020
No compensation reported
Thomas D Welch Jr.
Vice President
On filings since 2020
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.
Frequently asked questions about The Martin Family Foundation
How much does The Martin Family Foundation give each year?
The Martin Family Foundation gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $220K across 4 grants.
How large is The Martin Family Foundation?
The Martin Family Foundation reported $402K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $23K (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.
Where does The Martin Family Foundation operate?
The Martin Family Foundation has awarded grants in Hawaii, Illinois, Oregon.
What is The Martin Family Foundation's EIN?
The Martin Family Foundation's EIN (Employer Identification Number) is 99-0345212. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 14, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2026)
- IRS filings on file for fiscal years 2020–2024
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