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Nonprofit · EIN 37-1496025

MARTIN SCHOLARSHIP FUND

Tax-exempt · PONTIAC, IL 61764

Financials

−$90K$62K2023$176K$74K2024$92K$76K2025
Revenue Expenses · by fiscal year end
Financials of MARTIN SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990-PF$91,827$75,700$16,127$1,296,396$69,900$1,226,496
March 31, 2025990-PF$176,356$73,842$102,514$1,285,021$74,652$1,210,369
March 31, 2024990-PF-$89,678$62,374-$152,052$1,171,805$63,950$1,107,855
Financial details: 990-PF for the year ended March 31, 2026

Revenue

Dividends
$15,099
Interest
$49
Net gain from sales of assets
$76,679

Expenses

Grants and similar amounts paid
$0
Disbursements for charitable purposes
$144,000
Excise tax on investment income
$1,272

Balance sheet and other

Total assets, start of year
$1,285,021
Total assets, end of year
$1,296,396
Total liabilities, end of year
$69,900
Net assets, end of year
$1,226,496
Fair market value of assets
$1,286,687
Qualifying distributions
$144,000
Net investment income
$91,880

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, 2026, highest compensation first.

NameTitleHours / weekCompensation
JANE LEHMANN
1267 W HIGHLAND AVE, ELGIN, IL 60123
Chairman0.5$0
CANDACE H LHOTKA
312 N MORGAN ST PO BOX 152, ODELL, IL 60460
Treasurer0.5$0
MICHAEL DWYER
314 W Prairie St, ODELL, IL 60460
Trustee0$0
DEBRA S CAGLEY
308 Carol Ct, PONTIAC, IL 61764
Secretary0$0
SANDRA ERICKSON
313 W HENRY ST, ODELL, IL 60460
Vice-Chairman0$0
Jaime Wykes
312 W Prairie St, Odell, IL 60460
Trustee0$0
990-PF for the year ended March 31, 2025: 6 people
NameTitleHours / weekCompensation
JANE LEHMANN
1267 W HIGHLAND AVE, ELGIN, IL 60123
Chairman0.5$0
CANDACE H LHOTKA
312 N MORGAN ST PO BOX 152, ODELL, IL 60460
Treasurer0.5$0
MICHAEL DWYER
314 W Prairie St, ODELL, IL 60460
Trustee0$0
DEBRA S CAGLEY
308 Carol Ct, PONTIAC, IL 61764
Secretary0$0
SANDRA ERICKSON
313 W HENRY ST, ODELL, IL 60460
Vice-Chairman0$0
Jaime Wykes
312 W Prairie St, Odell, IL 60460
Trustee0$0
990-PF for the year ended March 31, 2024: 6 people
NameTitleHours / weekCompensation
JANE LEHMANN
1267 W HIGHLAND AVE, ELGIN, IL 60123
Chairman0.5$0
CANDACE H LHOTKA
312 N MORGAN ST PO BOX 152, ODELL, IL 60460
Treasurer0.5$0
MICHAEL DWYER
314 W Prairie St, ODELL, IL 60460
Trustee0$0
DEBRA S CAGLEY
308 Carol Ct, PONTIAC, IL 61764
Secretary0$0
SANDRA ERICKSON
313 W HENRY ST, ODELL, IL 60460
Vice-Chairman0$0
Jaime Wykes
312 W Prairie St, Odell, IL 60460
Trustee0$0

Address and contacts

Address (IRS master file)
PO BOX 497, PONTIAC, IL 61764-0497
In care of
% JOHNSON & TAYLOR
Signed the 990-PF
CANDACE H LHOTKA, Treasurer
Phone
(815) 844-7151
Return prepared by
JOHNSON & TAYLOR

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 yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990-PF on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
37-1496025
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
2005
Accounting year ends
March
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,296,396
Income (IRS master file)
$329,658

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2026$91,827$75,700$1,296,396XML
990-PFMarch 2025$176,356$73,842$1,285,021XML
990-PFMarch 2024-$89,678$62,374$1,171,805XML
990-PFMarch 2023–––IRS
990-PFMarch 2022–––IRS
990-PFMarch 2021–––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 37-1496025).

Questions about MARTIN SCHOLARSHIP FUND

What is the EIN of MARTIN SCHOLARSHIP FUND?
The employer identification number (EIN) of MARTIN SCHOLARSHIP FUND is 37-1496025.
Is MARTIN SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to MARTIN SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARTIN SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of MARTIN SCHOLARSHIP FUND due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARTIN SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2026.
Who are the officers and directors of MARTIN SCHOLARSHIP FUND?
The 990-PF for the year ended March 31, 2026 lists 6 people; 0 received compensation from the organization.
How much revenue does MARTIN SCHOLARSHIP FUND have?
On its 990-PF for the year ended March 31, 2026 it reported revenue of $91,827, expenses of $75,700 and total assets of $1,296,396 at year end.

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