Dematteo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $752K in total assets. In 2024, it awarded 2 grants totaling $139K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$752K
-11.9% YoY
Annual Giving
$139K
+250.1% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$70K
+75.0% YoY
Under IRS private-foundation payout rules, Dematteo Family Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About Dematteo Family Foundation
Based on IRS filings
Dematteo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $752K in total assets. In 2024, it awarded 2 grants totaling $139K. Net investment income was $39K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $752,043 | $853,606 | $838,930 |
| Revenue | $39,001 | $54,795 | $5,420 |
| Expenses | $140,564 | $40,119 | $53,746 |
| Qualifying Distributions | $139,404 | $39,823 | $40,402 |
| Net Investment Income | $39,001 | $54,795 | $5,420 |
| Distributable Amount | $38,288 | $39,404 | $39,823 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Notre Dame ($100,000), St Benedicts Classical Academy ($39,404).
| Recipient | Purpose | Amount |
|---|---|---|
| St Benedicts Classical Academy South Natick, MA | Sustain school and education | $39,404 |
| University of Notre Dame South Bend, IN | Provide opportunities in the classroom to students within the de Nicola Center for Ethics and Culture | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Martin John DeMatteo | Trustee | — | — |
| John DeMatteo II | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dematteo Family Foundation?
Dematteo Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRAMINGHAM, MA. It holds $752K in total assets as of 2024.
How large is Dematteo Family Foundation?
As of 2024, Dematteo Family Foundation holds $752K in total assets with $39K in annual revenue. It awarded 2 grants totaling $139K in 2024.
Where does Dematteo Family Foundation operate?
Dematteo Family Foundation has awarded grants in Indiana, Massachusetts.
What size grants does Dematteo Family Foundation award?
In 2024, Dematteo Family Foundation awarded 2 grants totaling $139K — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is Dematteo Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dematteo Family Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dematteo Family Foundation's EIN?
Dematteo Family Foundation's EIN (Employer Identification Number) is 04-3425080. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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