R Brad Martin Family Foundation
- Assets
- $12.9m
- Revenue
- $5.8m
- Investments
- $12.8m
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 03/1995
- Data as of
- 09/2023
- EIN
- 62-1548977
Organization Overview
R Brad Martin Family Foundation is located in Chattanooga, TN. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. R Brad Martin Family 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 09/2023, R Brad Martin Family Foundation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.8% each year . All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 4.6% per year over the past 4 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 2021, R Brad Martin Family Foundation has awarded 199 individual grants totaling $7,722,233. 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 |
|---|---|---|---|
R Brad Martin Dir | 10 | $0 | |
Dina M Martin Dir/pres | 4 | $0 | |
Brian J Martin Dir | 1 | $0 | |
Scott Imorde Dir/vp | 2 | $0 | |
Rawleigh B Martin VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,794,584 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,350 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,764 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,831,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $144,136 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,245 |
| Total operating and administrative expenses | $158,881 |
| Contributions, gifts, grants paid | $1,249,300 |
| Total expenses and disbursements | $1,408,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,336 |
| Savings and temporary cash investments | $63,031 |
| 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 | $4,039,423 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,000 |
| Total assets | $12,943,101 |
| 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 | $2,955,000 |
| Other liabilities | $0 |
| Total liabilities | $2,955,000 |
Grants Awarded
Over the last fiscal year, R Brad Martin Family Foundation has awarded $1,249,300 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
BARTOW FAMILY FOUNDATION PURPOSE: PROGRAM RELATED | $10,000 |
BOYS & GIRLS CLUBS OF CHATTANOOGA INC PURPOSE: PROGRAM RELATED | $1,500 |
BOYS & GIRLS CLUBS OF GREATER MEMPHIS PURPOSE: PROGRAM RELATED | $1,000 |
CHRIST UNITED METHODIST CHURCH PURPOSE: PROGRAM RELATED | $3,000 |
CHURCH HEALTH CENTER PURPOSE: PROGRAM RELATED | $50,250 |
CLEVELAND CLINIC MARTIN HEALTH FOUNDATION PURPOSE: PROGRAM RELATED | $10,000 |