The Martin Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 39 grants totaling $185K. Net investment income was $121K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-3.2% YoY
Annual Giving
$185K
+5.5% YoY
Grant Count
39
+30.0% YoY
Avg Grant Size
$5K
-18.9% YoY
Under IRS private-foundation payout rules, The Martin Foundation reported a distributable amount of $159K for 2024 — the minimum it must pay out in qualifying distributions.
About The Martin Foundation
Based on IRS filings
The Martin Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 39 grants totaling $185K. Net investment income was $121K.
Focus Areas
Ready to take the next step with The Martin Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,512,377 | $2,596,028 | $2,810,434 |
| Revenue | $133,998 | $-5,650 | $239,616 |
| Expenses | $217,649 | $208,756 | $223,877 |
| Qualifying Distributions | $202,649 | $193,754 | $209,177 |
| Net Investment Income | $120,998 | $41,331 | $226,616 |
| Distributable Amount | $158,874 | $156,167 | $184,387 |
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
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Hampton School ($25,000), St Sebastians School Inc ($25,000), New Hampton School ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RHODODENDRON SOCIETY WAYNE, PA | General & Unrestricted | $2,000 |
| BENEDICTINE HIGH SCHOOL INCORPORATED CLEVELAND, OH | General & Unrestricted | $1,000 |
| BLUE HILL FIRE COMPANY BLUE HILL, ME | General & Unrestricted | $7,000 |
| BLUE HILL HERITAGE TRUST INC BLUE HILL, ME | General & Unrestricted | $3,000 |
| BLUE HILL PUBLIC LIBRARY INC BLUE HILL, ME | General & Unrestricted | $1,000 |
| BOYS AND GIRLS CLUBS OF METRO SOUTH INC TAUNTON, MA | Next Level Football Program | $1,000 |
| BRIDGE OVER TROUBLED WATERS INC BOSTON, MA | General & Unrestricted | $250 |
| BROOKS SCHOOL NORTH ANDOVER, MA | General & Unrestricted | $5,000 |
| CARROLL SCHOOL CORP LINCOLN, MA | General & Unrestricted | $10,000 |
| CHESTNUT HILL COLLEGE PHILADELPHIA, PA | General & Unrestricted | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George J Hartnett | Trustee | 1 | — |
| Laurel G Martin | Trustee | 1 | — |
| Zachary S Martin | Trustee | 1 | — |
| W James Quigley | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Martin Foundation?
The Martin Foundation is a private foundation focused on Education, based in WILMINGTON, DE. It holds $2.5M in total assets as of 2024.
How large is The Martin Foundation?
As of 2024, The Martin Foundation holds $2.5M in total assets with $134K in annual revenue. It awarded 39 grants totaling $185K in 2024.
Where does The Martin Foundation operate?
The Martin Foundation has awarded grants in Colorado, Connecticut, District of Columbia, Kansas, Massachusetts, Maine, New Hampshire, Ohio, Pennsylvania, Texas.
What size grants does The Martin Foundation award?
In 2024, The Martin Foundation awarded 39 grants totaling $185K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Martin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Martin Foundation reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Martin Foundation's EIN?
The Martin Foundation's EIN (Employer Identification Number) is 23-2182719. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Martin Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Martin Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Martin Foundation to a real strategy.