Nonprofit · EIN 84-4034486
MARTINI-WELCH FAMILY FOUNDATION
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,227 | $894,142 | -$888,915 | $0 | $0 | $0 |
| December 31, 2023 | 990-PF | -$7,757 | $331,997 | -$339,754 | $914,130 | $0 | $914,130 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $4,012
- Net gain from sales of assets
- $1,215
Expenses
- Grants and similar amounts paid
- $879,924
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $879,924
- Excise tax on investment income
- $73
Balance sheet and other
- Total assets, start of year
- $914,130
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Qualifying distributions
- $879,924
- Net investment income
- $5,227
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERIC H MARTINI 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, 0930, NZ | PRESIDENT | 1 | $0 |
| KATHLEEN WELCH 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, 0930, NZ | SECRETARY | 1 | $0 |
| DIRK EDWARDS 4949 MEADOWS RD STE 600, LAKE OSWEGO, OR 97035 | VICE PRESIDENT | 1 | $0 |
| PK MARTINI 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, NZ | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDERIC H MARTINI 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, 0930, NZ | PRESIDENT | 1 | $0 |
| KATHLEEN WELCH 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, 0930, NZ | SECRETARY | 1 | $0 |
| DIRK EDWARDS 4949 MEADOWS RD STE 600, LAKE OSWEGO, OR 97035 | VICE PRESIDENT | 1 | $0 |
| PK MARTINI 36 ISLAND VIEW DRIVE GULF HARBOR, WHANGAPARAOA, NZ | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8480 HONEYCUTT RD STE 200, RALEIGH, NC 27615-2261
- In care of
- % DIRK EDWARDS
- Signed the 990-PF
- FREDERIC H MARTINI, PRESIDENT
- Phone
- (503) 222-4708
- Return prepared by
- SARAH BRADLEY CPA PLLC
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 | Not 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
- 84-4034486
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $4,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,227 | $894,142 | $0 | XML |
| 990-PF | December 2023 | -$7,757 | $331,997 | $914,130 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 84-4034486).
Questions about MARTINI-WELCH FAMILY FOUNDATION
- What is the EIN of MARTINI-WELCH FAMILY FOUNDATION?
- The employer identification number (EIN) of MARTINI-WELCH FAMILY FOUNDATION is 84-4034486.
- Is MARTINI-WELCH FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MARTINI-WELCH FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARTINI-WELCH FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARTINI-WELCH FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARTINI-WELCH FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MARTINI-WELCH FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARTINI-WELCH FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,227, expenses of $894,142 and total assets of $0 at year end.
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