John Martin Foundation

Introduction

The John Martin Foundation is a privately-funded non-profit organization in the United States. It is designated as a 501(c)3 organization, which supports religious, educational, charitable, scientific, literary, or public safety purposes. The primary focus is not explicitly aligned with the activities described on the suggested website thejcmfoundation.org, which might refer to a different organization, the John C. Martin Foundation.

Type of Nonprofit and Activities

The John Martin Foundation is categorized as a philanthropic organization under the heading of Private Grantmaking Foundations according to the National Taxonomy of Exempt Entities (NTEE).

The organization does not appear to have direct contributions but derives its revenue mainly from dividends and asset sales. In recent years, it has focused on charitable disbursements significantly higher than its total expenses, indicating a substantial commitment to its charitable objectives.

Financial Overview

• Total Assets: The organization maintains substantial assets.
• Revenue Streams: Primarily from dividends and asset sales.
• Charitable Disbursements: These make up the majority of expenses, often exceeding total expenses.

Leadership and Governance

Key personnel include Lillian Lou (President & Director), Robert Martin (Secretary & Treasurer), and Thomas Martin (Director), with compensation varying among officers.

Comparison and Context

In comparison to other foundations, such as the John G Martin Foundation and the John C. Martin Foundation, each has distinct objectives and financial structures. While the John G Martin Foundation focuses on education and human services, the John C. Martin Foundation aims at improving healthcare in disadvantaged settings.