Funder DirectoryNICHOLAS MARTINI FOUNDATION
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Private foundation (trust)EIN 222756049Est. 1986-08

NICHOLAS MARTINI FOUNDATION

NEWARK, NJ 07101

Accepts unsolicited proposals

Total Assets

$15.0M

FY 2024

Annual Giving

$814K

FY 2024

Grants Made

87

FY 2024

Avg Grant

$9K

FY 2024

Grant Range

$50–$150K

Typical

Deadlines

No submission deadline.

Applications

Financial Snapshot

2024 filing

Total Revenue

$671K

Total Expenses

$1.1M

Qualifying Distributions

$1.0M

Distributable Amount

$632K

Min. Investment Return

$640K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

87 grants

Grant sizes from minimum $50 through median $3K to maximum $150K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $974K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

233 grants

HACKENSACK MERIDIAN MEDICAL CENTER
$453K
1 grant
HACKENSACK UNIVERSITY MEDICAL
$218K
3 grants
ST JOSEPH'S HEALTH INC
$208K
2 grants
JOHN CABOT UNIVERSITY
$169K
4 grants
TRI-COUNTRY SCHOLARSHIP FUND
$165K
2 grants
WILLIAM PATERSON COLLEGE
$130K
2 grants
WILLIAM PATERSON
$125K
1 grant
GRANT UNDER 500 TOTALING 62 GRANTS
$112K
1 grant

Grant Size Distribution

233 grants

<$10K
176
grants
$10–50K
48
grants
$50–250K
8
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

16 states

New Jersey
$2.1M
74% of total
New York
$589K
20% of total
District of Columbia
$48K
2% of total
Tennessee
$35K
1% of total
Illinois
$25K
1% of total
Florida
$19K
1% of total
North Carolina
$15K
1% of total
Pennsylvania
$12K
0% of total
Connecticut
$9K
0% of total
Texas
$6K
0% of total

+6 more states

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NICHOLAS MARTINI FOUNDATION — Grants, Financials & Contact | Grantivo