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Also known as: C/O FARMERS & MERCHANTS STATE BANK
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Martinson Foundation is a private corporation based in APPLETON, MN. The foundation received its IRS ruling in 1983. The principal officer is Farmers And Merchants State Bank. It holds total assets of $764K. Annual income is reported at $27K. Total assets have decreased from $1000K in 2010 to $796K in 2022. Refer to section xv which lists all charitable organizations which have received grants and the use to which the funds were put to. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Martinson Foundation has made 48 grants totaling $171K, with a median grant of $2K. Annual giving has grown from $49K in 2020 to $121K in 2022. Individual grants have ranged from $417 to $16K, with an average award of $4K. The foundation has supported 25 unique organizations. Grants have been distributed to organizations in Minnesota and Virginia. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$417
Median Grant
$2K
Average Grant
$4K
Largest Grant
$16K
Based on 14 grants from the most recent 990-PF filing.
Refer to section xv which lists all charitable organizations which have received grants and the use to which the funds were put to.
Refer to section xv which lists all charitable organizations which have received grants and the use to which the funds were put to. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in MN, VA.
Martinson Foundation has distributed a total of $171K across 48 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $417 to $16K.
Martinson Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (411454653) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Martinson Foundation is headquartered in APPLETON, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$61K
Total Assets
$796K
Fair Market Value
$1.2M
Net Worth
$796K
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$57K
Total: N/A
Total Grants
48
Total Giving
$171K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
25
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL | Appleton, MN | $760 | 2022 |
| Veterans Of Foreign WarsGENERAL | Appleton, MN | $3K | 2020 |
| Swift CountyGENERAL | Benson, MN | $3K | 2020 |
| Preserve Appleton'S HeritageGENERAL | Appleton, MN | $16K | 2022 |
| Appleton Area Health ServicesGENERAL | Appleton, MN | $13K | 2022 |
| Lac Qui Parle Valley SchoolsGENERAL | Madison, MN | $9K | 2022 |
| Dollars For ScholarsGENERAL | Minneapolis, MN | $7K | 2022 |
| Appleton Recreation AssociationGENERAL | Appleton, MN | $5K | 2022 |
| Appletonmilan ElementaryGENERAL | Appleton, MN | $3K | 2022 |
| Appleton '52 Wing CommitteeGENERAL | Appleton, MN | $2K | 2022 |
| Appleton Toys For TotsGENERAL | Appleton, MN | $2K | 2022 |
| Appleton Public LibraryGENERAL | Appleton, MN | $1K | 2022 |
| American Legion Post 72GENERAL | Appleton, MN | $1K | 2022 |
| Appleton Chamber Of CommerceGENERAL | Appleton, MN | $1K | 2022 |
| Lqpv Community EducationGENERAL | Madison, MN | $750 | 2022 |
| First Congressional ChurchGENERAL | Appleton, MN | $417 | 2022 |
| City Of AppletonGENERAL | Appleton, MN | $6K | 2020 |
| Minnesota Valley Lutheran ChurchGENERAL | Madison, MN | $2K | 2020 |
| Toys For TotsGENERAL | Triangle, VA | $2K | 2020 |
| Jr Achievement Of LqpvGENERAL | Madison, MN | $2K | 2020 |
| Zion Lutheran ChurchGENERAL | Appleton, MN | $500 | 2020 |
| Appleton Senior Citizens CenterGENERAL | Appleton, MN | $500 | 2020 |
| Milan Lions ClubGENERAL | Milan, MN | $500 | 2020 |
| Food For Our Learning YouthGENERAL | Appleton, MN | $500 | 2020 |
| First Congretional ChurchGENERAL | Appleton, MN | $418 | 2020 |