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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
Martell Family Foundation is a private corporation based in RESTON, VA. The foundation received its IRS ruling in 2022. The principal officer is % Foundations. It holds total assets of $1.6M. Annual income is reported at $668K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Martell Family Foundation has made 7 grants totaling $72K, with a median grant of $8K. Individual grants have ranged from $500 to $30K, with an average award of $10K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Indiana and Illinois and Michigan. Contributions to this foundation are tax-deductible.
Martell Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IN, IL, MI.
Martell Family Foundation has distributed a total of $72K across 7 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $500 to $30K.
Martell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Martell Family Foundation is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John L Martell | TREASURER/DIRECTOR | $0 | $0 | $0 |
| Jennifer M Martell | SECRETARY/DIRECTOR | $0 | $0 | $0 |
| Bonnie M Martell | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| John A Martell | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
Total Giving
$89K
Total Assets
$1.2M
Fair Market Value
$1.7M
Net Worth
$1.2M
Grants Paid
$72K
Contributions
$26K
Net Investment Income
$1.1M
Distribution Amount
$40K
Total Grants
7
Total Giving
$72K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Patrick High SchoolTO SUPPORT THE FINANCIAL ASSISTANCE PROGRAM | Chicago, IL | $30K | 2023 |
| Cultivate Culinary School And Catering IncFOR THE CAPITAL CAMPAIGN | South Bend, IN | $20K | 2023 |
| University Of Notre Dame Du LacFOR THE SORIN SOCIETY | Notre Dame, IN | $10K | 2023 |
| A Rosie Place For ChildrenFOR A ROSIE PLACE FOR CHILDREN'S 2023 FAMILY CHRISTMAS EVENT | South Bend, IN | $8K | 2023 |
| Youth Service Bureau Of St Joseph County IncFOR THE CENTER FOR YOUTH SUCCESS SENSORY ROOM | South Bend, IN |
| $3K |
| 2023 |
| Humane Society Of St Joseph County Indiana IncGENERAL SUPPORT | Mishawaka, IN | $500 | 2023 |
| United Community Family Services (Aka Chaldean American Ladies Of Charity)TO SUPPORT CHALDEAN AMERICAN LADIES OF CHARITY (CALC) | Troy, MI | $500 | 2023 |
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