Martens Family Foundation Inc
- Assets
- $392.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Falls, ID
- Founding
- 05/2009
- Data as of
- 10/2023
- EIN
- 26-3849043
Organization Overview
Martens Family Foundation Inc is located in Twin Falls, ID. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martens Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Martens Family Foundation Inc has awarded 30 individual grants totaling $160,112. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Martens Pres-Director | 1 | $0 | |
Judy Martens VP - Director | 1 | $0 | |
Tara Martens Miller Director | 1 | $0 | |
Brian Martens Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $1,860 |
| Contributions, gifts, grants paid | $40,432 |
| Total expenses and disbursements | $42,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,194 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $28,544 |
| Other assets | $0 |
| Total assets | $392,738 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Martens Family Foundation Inc has awarded $40,432 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
IDAHO HUMANE SOCIETY PURPOSE: GENERAL USE | $1,000 |
IMMANUEL LUTHERAN CHURCH PURPOSE: GENERAL USE | $12,240 |
JAE FOUNDATION PURPOSE: GENERAL USE | $13,600 |
CAMP PERKINS LOM INC PURPOSE: GENERAL USE | $4,000 |
TRINITY LUTHERAN CHURCH PURPOSE: GENERAL USE | $5,000 |
UNIVERSITY OF IDAHO FOUNDATION PURPOSE: GENERAL USE | $200 |