The Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30K
-29.4% YoY
Annual Giving
$40K
+33.3% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$10K
+0.0% YoY
Under IRS private-foundation payout rules, The Martin Foundation reported a distributable amount of $5K 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 Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30K in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,490 | $43,196 | $58,468 |
| Revenue | $30,680 | $17,955 | $13,680 |
| Expenses | $43,403 | $33,251 | $33,346 |
| Qualifying Distributions | $40,678 | $30,650 | $30,650 |
| Net Investment Income | $29,909 | $17,177 | $12,451 |
| Distributable Amount | $4,629 | $5,750 | $7,219 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dancing Classrooms of Northeast Ohio ($10,000), Friends of Jaclyn Foundation ($10,000), Ursuline Sisters of Cleveland ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DANCING CLASSROOMS OF NORTHEAST OHIO PARMA, OH | GENERAL SUPPORT | $10,000 |
| FRIENDS OF JACLYN FOUNDATION HOPEWELL JUNCTION, NY | GENERAL SUPPORT | $10,000 |
| URSULINE SISTERS OF CLEVELAND PEPPER PIKE, OH | GENERAL SUPPORT | $10,000 |
| IN MOTION BEACHWOOD, OH | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS R PEPPARD JR | CO-TRUSTEE | 0.5 | — |
| MICHAEL E ELLIOTT | CO-TRUSTEE | 0.5 | — |
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 Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. It holds $30K in total assets as of 2024.
How large is The Martin Foundation?
As of 2024, The Martin Foundation holds $30K in total assets with $31K in annual revenue. It awarded 4 grants totaling $40K in 2024.
Where does The Martin Foundation operate?
The Martin Foundation has awarded grants in New York, Ohio.
What size grants does The Martin Foundation award?
In 2024, The Martin Foundation awarded 4 grants totaling $40K — an average of about $10K 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 $5K 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 31-1537504. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Martin Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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