Estes Foundation Co Matthew Breidenbach
The Estes Foundation Co Matthew Breidenbach is a private family foundation established in 1969 and based in Conshohocken, Pennsylvania. The foundation operates as a 501(c)(3) tax-exempt organization with a focus on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.8M
+0.9% YoY
Annual Giving
$1.2M
+36.7% YoY
Grant Count
57
+5.6% YoY
Avg Grant Size
$21K
+29.6% YoY
Mission & Focus Areas
The foundation's giving priorities center on:
- Higher education
- Other education initiatives
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking priorities include:
- Virginia
- Maryland
- Tennessee
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $20.6 million
- Total liabilities: $0
- Total revenue: $4.66 million
- Total expenses: $1.04 million
As of 2024:
- Total assets: $20,804,092
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,804,092 | $20,618,631 | $17,049,403 |
| Revenue | $1,748,284 | $4,658,249 | $6,664,895 |
| Expenses | $1,426,675 | $1,035,524 | $1,094,181 |
| Qualifying Distributions | $1,317,173 | $924,617 | $908,263 |
| Net Investment Income | $1,713,782 | $4,554,144 | $1,652,458 |
| Distributable Amount | $1,407,932 | $1,225,418 | $1,028,445 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA E GROVER | PRESIDENT/VP/SECRETARY/TREASURER | — | — |
| MEADE A SPOTTS | DIRECTOR | — | — |
| KRISTEN F HAGER | DIRECTOR | — | — |
Contact Information
Address: 161 Washington Street, Suite 801 Conshohocken, PA 19428-2023
Telephone: 804-768-0023
EIN: 23-7045252
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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