Nonprofit · EIN 45-1198742
MARTEN CHARITABLE FOUNDATION CORPORATION
Tax-exempt · CARMEL, IN 46032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $252,889 | $4,552,455 | -$4,299,566 | $1,060,828 | $0 | $1,060,828 |
| December 31, 2024 | 990-PF | $176,897 | $50,782 | $126,115 | $5,360,394 | $0 | $5,360,394 |
| December 31, 2023 | 990-PF | $1,083,948 | $63,248 | $1,020,700 | $5,234,279 | $0 | $5,234,279 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $146,899
- Net gain from sales of assets
- $105,990
Expenses
- Grants and similar amounts paid
- $4,500,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $4,500,000
- Excise tax on investment income
- $2,786
Balance sheet and other
- Total assets, start of year
- $5,360,394
- Total assets, end of year
- $1,060,828
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,060,828
- Fair market value of assets
- $2,948,431
- Qualifying distributions
- $4,500,000
- Net investment income
- $252,889
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGINIA HUPFER 11960 OTTO LANE, CARMEL, IN 46032 | VICE PRESIDENT | 0 | $0 |
| JAMES W MARTEN 7341 CHESTER AVENUE, INDIANAPOLIS, IN 46240 | PRESIDENT/TREASUEER | 0 | $0 |
| DAVID K MARTEN 412 JOHNSON 1, SAUSILITO, CA 94965 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGINIA HUPFER 11960 OTTO LANE, CARMEL, IN 46032 | VICE PRESIDENT | 0 | $0 |
| JAMES W MARTEN 7341 CHESTER AVENUE, INDIANAPOLIS, IN 46240 | PRESIDENT/TREASUEER | 0 | $0 |
| DAVID K MARTEN 412 JOHNSON 1, SAUSILITO, CA 94965 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGINIA MARTEN 210 W 77TH STREET, INDIANAPOLIS, IN 46260 | PRESIDENT | 0 | $0 |
| VIRGINIA HUPFER 445 PINE DRIVE, INDIANAPOLIS, IN 46260 | VICE PRESIDENT | 0 | $0 |
| JAMES W MARTEN 7341 CHESTER AVENUE, INDIANAPOLIS, IN 46240 | TREASURER | 0 | $0 |
| DAVID K MARTEN 412 JOHNSON 1, SAUSILITO, CA 94965 | SECRETARY | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 11960 OTTO LN, CARMEL, IN 46032-0075
- Signed the 990-PF
- VIRGINIA HUPFER, TRUSTEE
- Phone
- (317) 413-7336
- Return prepared by
- RICHARD E HENNESSEY
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-1198742
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,060,828
- Income (IRS master file)
- $3,720,415
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $252,889 | $4,552,455 | $1,060,828 | IRS |
| 990-PF | December 2024 | $176,897 | $50,782 | $5,360,394 | XML |
| 990-PF | December 2023 | $1,083,948 | $63,248 | $5,234,279 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 45-1198742).
Questions about MARTEN CHARITABLE FOUNDATION CORPORATION
- What is the EIN of MARTEN CHARITABLE FOUNDATION CORPORATION?
- The employer identification number (EIN) of MARTEN CHARITABLE FOUNDATION CORPORATION is 45-1198742.
- Is MARTEN CHARITABLE FOUNDATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to MARTEN CHARITABLE FOUNDATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARTEN CHARITABLE FOUNDATION CORPORATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARTEN CHARITABLE FOUNDATION CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARTEN CHARITABLE FOUNDATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MARTEN CHARITABLE FOUNDATION CORPORATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MARTEN CHARITABLE FOUNDATION CORPORATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $252,889, expenses of $4,552,455 and total assets of $1,060,828 at year end.
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