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Martone Foundation is a private corporation based in GLEN COVE, NY. The foundation received its IRS ruling in 1973. It holds total assets of $400K. Annual income is reported at $27K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in New York. According to available records, Martone Foundation has made 88 grants totaling $238K, with a median grant of $1K. Annual giving has decreased from $103K in 2022 to $32K in 2024. Individual grants have ranged from $100 to $23K, with an average award of $3K. The foundation has supported 39 unique organizations. Grants have been distributed to organizations in New York and Colorado and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$785
Largest Grant
$4K
Based on 33 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.
Martone Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 88 grants. Its grantmaking reaches organizations primarily in NY, CO, PA.
Martone Foundation has distributed a total of $238K across 88 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $23K.
Martone Foundation typically selects its grantees rather than accepting unsolicited proposals.
Martone Foundation is headquartered in GLEN COVE, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maryann Martone | PRESIDENT | $0 | $0 | N/A |
| Laurie Martone | TREASURER | $0 | $0 | N/A |
| Gina Brown Martone | SECRETARY | $0 | $0 | N/A |
| Rose Martone Polakowski | VICE-PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$400K
Fair Market Value
N/A
Net Worth
$400K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
88
Total Giving
$238K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
39
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mvp Miracle HouseCHARITABLE | Freeport, NY | $500 | 2024 |
| Our Lady Of Mercy AcademyCHARITABLE | Syosset, NY | $8K | 2024 |
| Long Island LutheranCHARITABLE | Brookville, NY | $5K | 2024 |
| Sons Of Italy Lodge Glen Cove 1016CHARITABLE | Glen Cove, NY | $3K | 2024 |
| Ladies Of Charity At St John'S UniversityCHARITABLE | Queens, NY | $3K | 2024 |
| GaitCHARITABLE | Milford, PA | $2K | 2024 |
| Christina Fontanelli FoudnationCHARITABLE | New York, NY | $2K | 2024 |
| Ymca At Glen CoveCHARITABLE | Glen Cove, NY | $2K | 2024 |
| Church Of The IntercessorCHARITABLE | Malverne, NY | $1K | 2024 |
| Morgan Park Summer Music Festival AssocCHARITABLE | Glen Cove, NY | $1K | 2024 |
| Oskestai FarmCHARITABLE | Oyster Bay, NY | $1K | 2024 |
| Pal-O-MineCHARITABLE | Islandia, NY | $1K | 2024 |
| St Boniface ChurchCHARITABLE | Sea Cliff, NY | $1K | 2024 |
| Bridges Of Greater New YorkCHARITABLE | Lynbrook, NY | $800 | 2024 |
| Sea Cliff Ambulance Rescue SquadCHARITABLE | Sea Cliff, NY | $500 | 2024 |
| Healing HeadbandsCHARITABLE | Sea Cliff, NY | $500 | 2024 |
| North Shore High School PtoCHARITABLE | Sea Cliff, NY | $175 | 2024 |
| St Vincent Depaul Society - Holy Family ChapterCHARITABLE | Hiclsville, NY | $100 | 2024 |
| PublicolorCHARITABLE | New York, NY | $3K | 2023 |
| St Vincent Depaul Society - St Boniface ChapterCHARITABLE | Sea Cliff, NY | $2K | 2023 |
| Knights Of Columbus CharitiesCHARITABLE | Glen Cove, NY | $1K | 2023 |
| St Rocco'S Holy Name SocietyCHARITABLE | Glen Cove, NY | $300 | 2023 |
| Dr Alberta Hershey Foundation IncCHARITABLE | Glen Cove, NY | $200 | 2023 |
| Sea Cliff Fire DeptCHARITABLE | Sea Cliff, NY | $200 | 2023 |