Martone Foundation

The information for Martone Foundation is as of the organization's most recent filing in July 2020. This organization is located in Glen Cove, NY. It has been in existence for 47 years, following its founding in 1973.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Martone Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Grant History

Our dataset has four years of grant history for the Martone Foundation. Over this period, they have awarded 168 grants, with an average check size of $808. The majority of these grants have been awarded in the Education (16) and Human Services (14) sectors. Additionally, the organization most frequently awards grants in the state of New York (141), followed by Maryland (1), Pennsylvania (10), and Florida (2). Grants have also been awarded in Texas, Rhode Island, Massachusetts, Illinois, Georgia, Michigan, Missouri, Connecticut, New Jersey, and Virginia.