Martinson Foundation

Organization Overview

Martinson Foundation is located in Appleton, MN. The organization was established in 1983. 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. Martinson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 11/2023, Martinson Foundation generated $31.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $61.2k during the year ending 11/2023. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Martinson Foundation has awarded 151 individual grants totaling $413,723. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

REFER TO SECTION XV WHICH LISTS ALL CHARITABLE ORGANIZATIONS WHICH HAVE RECEIVED GRANTS AND THE USE TO WHICH THE FUNDS WERE PUT TO.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President
$0
Name Not Listed
Sec/treas
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,083
Dividends & Interest $14,762
Net Rental Income$0
Net Gain on Sale of Assets $8,406
Capital Gain Net Income $8,406
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $31,251

Grants Awarded

Over the last fiscal year, Martinson Foundation has awarded $59,529 in support to 14 organizations.

Grant RecipientAmount

APPLETON AREA HEALTH SERVICES

PURPOSE: GENERAL

$22,433

CITY OF APPLETON

PURPOSE: GENERAL

$5,000

APPLETON RECREATION ASSOCIATION

PURPOSE: GENERAL

$10,000

HOLLOWAY FIRST RESPONDERS

PURPOSE: GENERAL

$5,000

APPLETON PUBLIC LIBRARY

PURPOSE: GENERAL

$3,200

TOYS FOR TOTS

PURPOSE: GENERAL

$3,000
View Grant Profile

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