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Rex And Alice A Martin Foundation Inc. is a private corporation based in ELKHART, IN. The foundation received its IRS ruling in 2000. The principal officer is % Rex Martin. It holds total assets of $7.6M. Annual income is reported at $4.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rex And Alice A Martin Foundation Inc. has made 23 grants totaling $3.5M, with a median grant of $25K. Annual giving has grown from $1.6M in 2022 to $2M in 2023. Individual grants have ranged from $5K to $1M, with an average award of $153K. The foundation has supported 17 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Rex And Alice A Martin Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IN.
Rex And Alice A Martin Foundation Inc. has distributed a total of $3.5M across 23 grants. The median grant size is $25K, with an average of $153K. Individual grants have ranged from $5K to $1M.
Rex And Alice A Martin Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rex And Alice A Martin Foundation Inc. is headquartered in ELKHART, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexis Martin-Klose | President & Director | $100K | $0 | $100K |
| Ashley Martin | Secretary, Treasurer & Director | $100K | $0 | $100K |
| Rex Martin | Director | $100K | $0 | $100K |
Total Giving
$1.1M
Total Assets
$7.2M
Fair Market Value
$9.4M
Net Worth
$7.2M
Grants Paid
$746K
Contributions
$18
Net Investment Income
$671K
Distribution Amount
$453K
Total: $6.1M
Total Grants
23
Total Giving
$3.5M
Average Grant
$153K
Median Grant
$25K
Unique Recipients
17
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Notre DameExempt purpose of organization | Notre Dame, IN | $1M | 2023 |
| Elkhart Amp GroupExempt purpose of organization | Elkhart, IN | $600K | 2023 |
| Premier ArtsExempt purpose of organization | Elkhart, IN | $80K | 2023 |
| Stanley Clark SchoolExempt purpose of organization | South Bend, IN | $70K | 2023 |
| Wellfield Botanic GardenExempt purpose of organization | Elkhart, IN | $50K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Community Foundation Of Elkhart County IncExempt purpose of organization | Elkhart, IN | $45K | 2023 |
| Ja Biztown Elkhart CountyExempt purpose of organization | Fort Wayne, IN | $25K | 2023 |
| O'Hana Heritage Foundation Inc (A Rosie Place)Exempt purpose of organization | South Bend, IN | $25K | 2023 |
| Michiana Public Broadcasting Corporation WnitExempt purpose of organization | South Bend, IN | $24K | 2023 |
| All 4 Animals RescueExempt purpose of organization | Mishawaka, IN | $23K | 2023 |
| Elkhart Festivals IncExempt purpose of organization | Elkhart, IN | $10K | 2023 |
| Loveway IncExempt purpose of organization | Middlebury, IN | $5K | 2023 |
| Oaklawn Foundation For Mental HealthExempt purpose of organization | Elkhart, IN | $5K | 2023 |
| Goshen Health Foundation IncExempt purpose of organization | Goshen, IN | $250K | 2022 |
| Ethos IncExempt purpose of organization | Elkhart, IN | $25K | 2022 |
| Woodland Elementary SchoolExempt purpose of organization | Elkhart, IN | $25K | 2022 |
| City Of Elkhart Parks And RecreationExempt purpose of organization | Elkhart, IN | $5K | 2022 |
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