Overview
The Martinson Family Foundation Inc, based in Lawrenceville, NJ, is a philanthropic organization with assets totaling $484,610. The foundation focuses on funding initiatives in the areas of education and higher education. Despite having expenses of $10,181, the foundation's revenue was $7,749. The foundation supports projects in various cities across the United States, including Allentown, Bristol, Jersey City, Lawrenceville, Newtown, San Francisco, Trophy Club, Washington, and West Lafayette, spanning states such as California, District of Columbia, Indiana, New Jersey, Pennsylvania, and Texas. The foundation is led by John H. Martinson, who serves as Trustee, Chairman, and Treasurer, and Ross T. Martinson, who is also a Trustee. Both individuals work on a voluntary basis, receiving no compensation for their roles.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $487,042 in 2023
0 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $1,100,000 | MARTINSON DONOR ADVISED FUND CO SCHWAB CHARITABLE FUND | SEED THE FUND | 211 MAIN STREET SAN FRANCISO, CA US | 2022 |
| $400,000 | PURDUE FOUNDATION | MARTINSON ENGINEERING ENTREPRENEURIAL PROGRAM | 101 NORTH GRANT ST WEST LAFAYETTE, IN US | 2022 |
| $155,371 | RIDER UNIVERSITY FOUNDATION | THEATRICAL TECHNOLOGY | 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE, NJ US | 2022 |
| $130,000 | NEW JERSEY CITY UNIVERSITY | STEM CERTIFICATE PROGRAM | 2039 JOHN F KENNEDY BLVD JERSEY CITY, NJ US | 2022 |
| $52,795 | NEWTOWN ARTS COMPANY | SOUND EQUIPMENT | 120 N STATE STREET NEWTOWN, PA US | 2023 |
| $25,000 | VENTURE CAPITAL FOUNDATION | NATIONAL VENTURE CAPITAL ASSOCIATION OPERATIONS | 25 MASSACHUSETTS AVENUE NW NO 730 WASHINGTON, DC US | 2022 |
| $21,000 | BRISTOL RIVERSIDE THEATER | HONORARY PRODUCER | 120 RADCLIFFE ST BRISTOL, PA US | 2022 |
| $5,000 | NEWTOWN THEATER | SEAT ADOPTION | 120 NORTH STATE STREET NEWTOWN, PA US | 2022 |
| $1,000 | LEHIGH VALLEY COMMUNITY FOUNDATION | SAUCON SANCTUARY FUND | 840 HAMILTON STREET 310 ALLENTOWN, PA US | 2022 |
| $1,000 | BYRON NELSON HIGH SCHOOL WRESTLING CLUB | BOOSTER CLUB DONATION | 2775 BOBCAT BOULEVARD TROPHY CLUB, TX US | 2022 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
JHM
JOHN H MARTINSON
| TRUSTEE/CHAIRMAN/TREASURER | $0 | 2022 |
RTM
ROSS T MARTINSON
| TRUSTEE | $0 | 2022 |
JHM
JOHN H MARTINSON
| TRUSTEE/CHAIRMAN/TREASURER | $0 | 2023 |
RTM
ROSS T MARTINSON
| TRUSTEE | $0 | 2023 |
JHM
JOHN H MARTINSON
| TRUSTEE/CHAIRMAN/TREASURER | $0 | 2024 |
RTM
ROSS T MARTINSON
| TRUSTEE | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024