Martha Ellen Tye Foundation
- Assets
- $28.2m
- Revenue
- -$605.0k
- Investments
- $27.2m
- Employees
- 0
- Location
- Marshalltown, IA
- Founding
- 09/1976
- Data as of
- 12/2020
- EIN
- 42-1055988
Organization Overview
Martha Ellen Tye Foundation is located in Marshalltown, IA. The organization was established in 1976. 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. Martha Ellen Tye Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Martha Ellen Tye Foundation has awarded 185 individual grants totaling $4,772,395. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Dalal Executive Director | 40 | $105,500 | |
Karn Gregoire Former Executive Director | 40 | $65,084 | |
Matthew Fisher President | 2 | $0 | |
David Tank Vice President | 2 | $0 | |
Sharon Greer Secretary & Treasurer | 2 | $0 | |
John Hermanson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,837 |
| Interest on Savings | $60,785 |
| Dividends & Interest | $524,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,332,677 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,710 |
| Total Revenue | -$604,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $127,000 |
| Other employee salaries and wages | $80,500 |
| Pension plans, employee benefits | $29,410 |
| Interest | $0 |
| Taxes | $17,108 |
| Depreciation | $0 |
| Occupancy | $9,720 |
| Travel, conferences, and meetings | $9,913 |
| Printing and publications | $0 |
| Other expenses | $165,744 |
| Total operating and administrative expenses | $457,395 |
| Contributions, gifts, grants paid | $1,068,484 |
| Total expenses and disbursements | $1,525,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,413 |
| Savings and temporary cash investments | $925,720 |
| Net Accounts receivable | $12,048 |
| 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 | $27,216,194 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,000 |
| Total assets | $28,180,375 |
| Accounts payable and accrued expenses | $15,393 |
| 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 | $85,000 |
| Total liabilities | $100,393 |
Grants Awarded
Over the last fiscal year, Martha Ellen Tye Foundation has awarded $1,284,710 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
Marshalltown, IA PURPOSE: DIRECTOR'S GRANT | $500,000 |
Marshalltown, IA PURPOSE: ANNUAL CONTRIBUTION | $330,000 |
Marshalltown, IA PURPOSE: ANNUAL CONTRIBUTION | $62,000 |
MARSHALLTOWN COMMUNITY SCHOOLS PURPOSE: ANNUAL CONTRIBUTION | $50,000 |
ST PAUL'S EPISCOPAL CHURCH PURPOSE: ANNUAL CONTRIBUTION | $40,000 |
SAN ANTONIO SYMPHONY PURPOSE: ANNUAL CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |