Nonprofit · EIN 23-2182719
THE MARTIN FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990-PF | $321,981 | $250,983 | $70,998 | $2,583,375 | $0 | $2,583,375 |
| March 31, 2024 | 990-PF | $133,998 | $217,649 | -$83,651 | $2,512,377 | $0 | $2,512,377 |
| March 31, 2023 | 990-PF | -$5,650 | $208,756 | -$214,406 | $2,596,028 | $0 | $2,596,028 |
Financial details: 990-PF for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $99,746
- Dividends
- $88,309
- Interest
- $5,806
- Net gain from sales of assets
- $128,120
Expenses
- Grants and similar amounts paid
- $216,775
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $235,420
- Excise tax on investment income
- $4,213
Balance sheet and other
- Total assets, start of year
- $2,512,377
- Total assets, end of year
- $2,583,375
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,583,375
- Fair market value of assets
- $3,545,894
- Qualifying distributions
- $235,420
- Net investment income
- $316,084
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George J Hartnett Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Laurel G Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Zachary S Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| W James Quigley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
990-PF for the year ended March 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George J Hartnett Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Laurel G Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Zachary S Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| W James Quigley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
990-PF for the year ended March 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George J Hartnett Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Laurel G Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Zachary S Martin Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| W James Quigley Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- Zachary Martin, Trustee
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-2182719
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1981
- Accounting year ends
- March
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,583,375
- Income (IRS master file)
- $674,528
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2025 | $321,981 | $250,983 | $2,583,375 | XML |
| 990-PF | March 2024 | $133,998 | $217,649 | $2,512,377 | XML |
| 990-PF | March 2023 | -$5,650 | $208,756 | $2,596,028 | XML |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | IRS |
| 990-PF | March 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2182719).
Questions about THE MARTIN FOUNDATION
- What is the EIN of THE MARTIN FOUNDATION?
- The employer identification number (EIN) of THE MARTIN FOUNDATION is 23-2182719.
- Is THE MARTIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to THE MARTIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MARTIN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MARTIN FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE MARTIN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2025.
- Who are the officers and directors of THE MARTIN FOUNDATION?
- The 990-PF for the year ended March 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE MARTIN FOUNDATION have?
- On its 990-PF for the year ended March 31, 2025 it reported revenue of $321,981, expenses of $250,983 and total assets of $2,583,375 at year end.
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