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Filing year 2023

Rex and Alice A Martin Foundation Inc

Elkhart, Indiana·EIN 35-2117025·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$737k
Total assets
$7.2M
Total expenses
$1.1M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

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

President & Director
Board President
75th to 90th percentile
$100k
$110k
Secretary, Treasurer & Director
Unclassified
$100k
$110k
Director
Unclassified
$100k
$110k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest 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 2023, the highest total compensation at Rex and Alice A Martin Foundation Inc equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
9%
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 2023 Form 990-PF, Part XV.

Total granted

$746k

Itemized grants

10

Median grant

$39k

RecipientLocationPurposeAmount
Elkhart AMP GroupElkhart, INExempt purpose of organization$390k
Michiana Public Broadcasting Corporation WNITSouth Bend, INExempt purpose of organization$125k
Premier ArtsElkhart, INExempt purpose of organization$60k
Wellfield Botanic GardenElkhart, INExempt purpose of organization$50k
Community Foundation of Elkhart County IncElkhart, INExempt purpose of organization$45k
Middlesex SchoolConcord, MAExempt purpose of organization$33k
Humane Society of Elkhart CountyBristol, INExempt purpose of organization$15k
Logan Community Resources IncSouth Bend, INExempt purpose of organization$15k
Ronald McDonald House Charities of Indiana-Michiana Inc dba RMHC MichianaSouth Bend, INExempt purpose of organization$10k
Elkhart Chapter Indiana Black ExpoElkhart, INExempt purpose of organization$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 Rex and Alice A Martin Foundation Inc

What does the Board President of Rex and Alice A Martin Foundation Inc earn?

In 2023, the Board President of Rex and Alice A Martin Foundation Inc received $100,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at Rex and Alice A Martin Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board President at Rex and Alice A Martin Foundation Inc falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Rex and Alice A Martin Foundation Inc equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Rex and Alice A Martin Foundation Inc's revenue and expenses?

In 2023, Rex and Alice A Martin Foundation Inc reported $737k 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 ($1M - $10M), because foundation pay scales with assets under management, not revenue.