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Filing year 2024

NICHOLAS MARTINI FOUNDATION

Newark, New Jersey·EIN 22-2756049·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$671k
Total assets
$10.8M
Total expenses
$1.1M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Trustee/president
Board President
25th percentile to median
$22k
$24k
Trustee
Board Member
10th to 25th percentile
$5k
$6k
Trustee
Board Member
Below 10th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NICHOLAS MARTINI FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$814k

Itemized grants

87

Median grant

$3k

RecipientLocationPurposeAmount
TRI-COUNTRY SCHOLARSHIP FUNDMENDHAM, NJGENERAL SUPPORT$150k
PASSAIC COUNTY COMMUNITY COLLEGEPATERSON, NJGENERAL SUPPORT$100k
PASSAIC OPTIMIST CLUBPASSAIC, NJGENERAL SUPPORT$30k
TUNNELL TO TOWERSSTATEN ISLAND, NYGENERAL SUPPORT$30k
COMMUNITY FOOD BANKHILLSIDE, NJGENERAL SUPPORT$27k
JOHN CABOT UNIVERSITYITGENERAL SUPPORT$26k
BOYS & GIRLS CLUB OF KIP'S BAYBRONX, NYGENERAL SUPPORT$26k
HACKENSACK MERIDIAN HEALTHEDISON, NJGENERAL SUPPORT$25k
INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWSCHICAGO, ILGENERAL SUPPORT$25k
ALSACMEMPHIS, TNGENERAL SUPPORT$23k
AMERICAN INTERNATIONAL SCHOOL SYSTEMPKGENERAL SUPPORT$20k
MENTAL HEALTH CLINIC OF PASSAICPASSAIC, NJGENERAL SUPPORT$20k
AMERICAN RED CROSSNEW YORK, NYGENERAL SUPPORT$15k
SALVATION ARMYPATERSON, NJGENERAL SUPPORT$15k
SAMARITAN'S PURSEBOONE, NCGENERAL SUPPORT$15k
SCHOLARSHIP FOR INNER CITYNEWARK, NJGENERAL SUPPORT$15k
ST CATHERINE'S ACADEMYBRONX, NYGENERAL SUPPORT$15k
AMERICAN FOUNDATION-SAVOYNEW YORK, NYGENERAL SUPPORT$13k
NIAFWASHINGTON, DCGENERAL SUPPORT$11k
MOMANEW YORK, NYGENERAL SUPPORT$11k
BUONICONTI FUNDMIAMI, FLGENERAL SUPPORT$10k
CITY HARVESTNEW YORK, NYGENERAL SUPPORT$10k
THE DOE FUNDNEW YORK, NYGENERAL SUPPORT$10k
WILDLIFE CONSERVATION SOCIETYBRONX, NYGENERAL SUPPORT$10k
CENTRAL PARK CONSERVANCYNEW YORK, NYGENERAL SUPPORT$8k
Compare this foundation's grantees

Held steady
from 2023

From $22k in 2023 to $22k in 2024.

$22k
2023
$22k
2024
In today's dollarsEst.
Down 3% in real terms$25k to $24k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 213%.

$22k in 2023 to $22k in 2024.
  • Board Member pay fell 46% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NICHOLAS MARTINI FOUNDATION

What does the Board President of NICHOLAS MARTINI FOUNDATION earn?

In 2024, the Board President of NICHOLAS MARTINI FOUNDATION received $22,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at NICHOLAS MARTINI FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board President at NICHOLAS MARTINI FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at NICHOLAS MARTINI FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are NICHOLAS MARTINI FOUNDATION's revenue and expenses?

In 2024, NICHOLAS MARTINI FOUNDATION reported $671k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.