William and Barbara Martin Foundation
William and Barbara Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $874.5M in total assets. Net investment income was $25.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$874.5M
+2557.1% YoY
Revenue
$418.6M
+1172.0% YoY
Net Investment Income
$25.2M
+219.0% YoY
Expenses
$879K
Under IRS private-foundation payout rules, William and Barbara Martin Foundation reported a distributable amount of $40.2M for 2024 — the minimum it must pay out in qualifying distributions.
About William and Barbara Martin Foundation
Based on IRS filings
William and Barbara Martin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $874.5M in total assets. Net investment income was $25.2M.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $874,462,950 | $32,910,650 |
| Revenue | $418,611,637 | $32,910,650 |
| Expenses | $878,831 | — |
| Qualifying Distributions | — | — |
| Net Investment Income | $25,212,322 | $7,904,573 |
| Distributable Amount | $40,232,472 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID F MARTIN | President | 1 | — |
| KURT ADELMAN | CFO | 1 | — |
| RICHARD A GALOFARO | Secretary | 1 | — |
| MICHELE D BOCK | Director | 1 | — |
| CHRISTINA B DICKER | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William and Barbara Martin Foundation?
William and Barbara Martin Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $874.5M in total assets as of 2024.
How large is William and Barbara Martin Foundation?
As of 2024, William and Barbara Martin Foundation holds $874.5M in total assets with $418.6M in annual revenue.
How much is William and Barbara Martin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William and Barbara Martin Foundation reported a distributable amount of $40.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William and Barbara Martin Foundation's EIN?
William and Barbara Martin Foundation's EIN (Employer Identification Number) is 93-2687518. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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