//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Marten Charitable Foundation Corporation is a private corporation based in CARMEL, IN. The foundation received its IRS ruling in 2011. It holds total assets of $5.4M. Annual income is reported at $618K. Total assets have grown from $350K in 2011 to $5.2M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Indiana and Wisconsin. According to available records, Marten Charitable Foundation Corporation has made 9 grants totaling $1.7M, with a median grant of $15K. Annual giving has decreased from $854K in 2021 to $15K in 2023. Individual grants have ranged from $1K to $750K, with an average award of $185K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Indiana and Georgia and Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$144K
Largest Grant
$750K
Based on 6 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.
Marten Charitable Foundation Corporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IN, GA, WI.
Marten Charitable Foundation Corporation has distributed a total of $1.7M across 9 grants. The median grant size is $15K, with an average of $185K. Individual grants have ranged from $1K to $750K.
Marten Charitable Foundation Corporation typically selects its grantees rather than accepting unsolicited proposals.
Marten Charitable Foundation Corporation is headquartered in CARMEL, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Virginia Marten | PRESIDENT | $0 | $0 | N/A |
| Virginia Hupfer | VICE PRESIDENT | $0 | $0 | N/A |
| James W Marten | TREASURER | $0 | $0 | N/A |
| David K Marten | SECRETARY | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$5.2M
Fair Market Value
$5.7M
Net Worth
$5.2M
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$1M
Distribution Amount
$242K
Total: $2.1M
Total Grants
9
Total Giving
$1.7M
Average Grant
$185K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ The KingGENERAL ASSISTANCE | Indianapolis, IN | $2K | 2021 |
| St Mary'S Independent Living ExtensionsGENERAL PURPOSES | Lawrenceville, GA | $15K | 2023 |
| University Of Notre DameGENERAL ASSISTANCE | Notre Dame, IN | $750K | 2022 |
| Bishop Simon Brute SeminaryGENERAL ASSISTANCE | Indianapolis, IN | $44K | 2022 |
| Snite Museum Of ArtGENERAL ASSISTANCE | Notre Dame, IN | $2K | 2022 |
| St Luke'S ChurchGENERAL ASSISTANCE | Indianapolis, IN | $2K | 2021 |
| Sacred Heart MonasteryGENERAL ASSISTANCE | Hales Corners, WI | $1K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN