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Joseph W Martin Trust is a private trust based in WARREN, RI. The foundation received its IRS ruling in 1941. The principal officer is Douglas Domina. It holds total assets of $2.4M. Annual income is reported at $679K. The foundation is governed by 4 officers and trustees. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Rhode Island. According to available records, Joseph W Martin Trust has made 11 grants totaling $148K, with a median grant of $10K. Annual giving has decreased from $113K in 2023 to $35K in 2024. Individual grants have ranged from $375 to $25K, with an average award of $13K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$800
Median Grant
$13K
Average Grant
$13K
Largest Grant
$25K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Joseph W Martin Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in RI.
Joseph W Martin Trust has distributed a total of $148K across 11 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $375 to $25K.
The application deadline is THE FUNDS ARE DISTRIBUTED ANNUALLY, EVERY JULY.. The funds must be used for the needy of warren, ri.
Joseph W Martin Trust is headquartered in WARREN, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | AGT FOR FIDUCIARY | $25K | $0 | $25K |
| Douglas Domina | TRUSTEE | $2K | $0 | $2K |
| Marc A Domina | TRUSTEE | $1K | $0 | $1K |
| Scott E Little | TRUSTEE | $1K | $0 | $1K |
Total Giving
$129K
Total Assets
$2.4M
Fair Market Value
$3.1M
Net Worth
$2.4M
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$107K
Distribution Amount
$143K
Total: $2.4M
Total Grants
11
Total Giving
$148K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Thrive OutsideUNRESTRICTED GENERAL | Bristol, RI | $15K | 2024 |
| Town Of Warren-Social ServicesGENERAL CHARITABLE | Warren, RI | $10K | 2024 |
| East Bay Food PantryUNRESTRICTED GENERAL | Bristol, RI | $10K | 2024 |
| East Bay Community ActionFOR THE NEEDY OF WARREN, RI | Newport, RI | $25K | 2023 |
| Hugh Cole SchoolUNRESTRICTED GENERAL | Warren, RI | $375 | 2023 |