The Martin Foundation
The Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $355K in total assets. In 2024, it awarded 12 grants totaling $125K.
Key facts about The Martin Foundation
In short: The Martin Foundation gave $125K across 12 grants in 2024 (avg $10K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- EIN
- 62-1679129
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $124,750
- Grants made (2024)
- 12
- Average grant
- $10,396
- Median grant
- $10,000
- Total assets
- $355,443
- Primary geography
- Tennessee (93% 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
$355K
-30.0% YoY
Annual Giving
$125K
+12375.0% YoY
Grant Count
12
+1100.0% YoY
Avg Grant Size
$10K
+939.6% YoY
Under IRS private-foundation payout rules, The Martin Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
How The Martin Foundation gives
- In 2024 it paid out 599% of its IRS minimum distribution (the 5% rule). 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
Share of all 12 itemized 2024 grant dollars.
Cities
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
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NASHVILLE BALLET Nashville, TN | CHARITABLE | $50,000 |
| BLACK MENTAL HEALTH VILLAGE Nashville, TN | CHARITABLE | $10,000 |
| CORNER TO CORNER Nashville, TN | CHARITABLE | $10,000 |
| GODSPEED Murfreesboro, TN | CHARITABLE | $10,000 |
| HEALING MINDS AND SOULS Nashville, TN | CHARITABLE | $10,000 |
| OUR CHURCH MINISTRIES INC Eagleville, TN | CHARITABLE | $10,000 |
| PENCIL Nashville, TN | CHARITABLE | $10,000 |
| HOPE STATION Wilson, NC | CHARITABLE | $7,500 |
| CONEXION AMERICAS Nashville, TN | CHARITABLE | $3,000 |
| RENEWAL HOUSE Nashville, TN | CHARITABLE | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $355,443 | $507,551 | $10,574 |
| Revenue | $19,229 | $500,000 | — |
| Expenses | $171,948 | $3,023 | $889 |
| Qualifying Distributions | $124,750 | $1,000 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $20,827 | $2,534 | $561 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Martin Foundation is led by Shannon Presley Martin, Executive Director on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shannon Presley Martin
Executive Director
On filings since 2020
No compensation reported
Charles N. Martin Jr.
Chairman
On filings since 2020
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 Foundation
How much does The Martin Foundation give each year?
The Martin Foundation gave $125K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.
What is The Martin Foundation's typical grant size?
The Martin Foundation's median grant in 2024 was $10,000, and its average grant was $10,396, across 12 grants on its 2024 IRS Form 990-PF.
Where does The Martin Foundation give grants?
The Martin Foundation gives mostly in Tennessee: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (6%). The most frequent recipient cities were Nashville, TN (7 grants) and Washington, DC (2 grants).
Does The Martin Foundation give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on The Martin Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (12 grants).
Who are The Martin Foundation's largest grantees?
The Martin Foundation's largest 2024 grantees include Nashville Ballet ($50,000), Black Mental Health Village ($10,000) and Corner to Corner ($10,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.
How large is The Martin Foundation?
The Martin Foundation reported $355K in total assets on its 2024 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
What is The Martin Foundation?
The Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. It holds $355K in total assets as of 2024.
What is The Martin Foundation's EIN?
The Martin Foundation's EIN (Employer Identification Number) is 62-1679129. 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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