Irene M Matto Trust
Irene M Matto Trust is a private foundation, based in DUNMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 19 grants totaling $73K. Net investment income was $54K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-2.4% YoY
Annual Giving
$73K
-40.6% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$4K
-40.6% YoY
Under IRS private-foundation payout rules, Irene M Matto Trust reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Irene M Matto Trust
Based on IRS filings
Irene M Matto Trust is a private foundation, based in DUNMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 19 grants totaling $73K. Net investment income was $54K.
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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 | $1,177,185 | $1,206,141 | $1,282,275 |
| Revenue | $65,196 | $8,267 | $73,878 |
| Expenses | $95,948 | $143,329 | $71,455 |
| Qualifying Distributions | $84,364 | $132,493 | $61,715 |
| Net Investment Income | $53,612 | $38,858 | $64,385 |
| Distributable Amount | $91,654 | $85,268 | $88,466 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Throop Hose Company No 1 ($5,459), Volunteer Hose Company of Throop ($5,459), The American Diabetes Association ($3,639).
| Recipient | Purpose | Amount |
|---|---|---|
| THE AMERICAN DIABETES ASSOCIATION MERRIFIELD, VA | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| THE AMERICAN CANCER SOCIETY HAGERSTOWN, MD | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| PARKINSON'S DISEASE FOUNDATION INC NEW YORK, NY | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| THE SALVATION ARMY WEST NYACK, NY | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| THE AMERICAN HEART ASSOCIATION INC ST PETERSBURG, FL | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| LEUKEMIA AND LYMPHOMA SOCIETY RYE BROOK, NY | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| DICKSON CITY AMBULANCE DICKSON CITY, PA | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
| THROOP HOSE COMPANY NO 1 THROOP, PA | ASSISTANCE WITH CHARITABLE CAUSE | $5,459 |
| ST JOSEPH'S CENTER SCRANTON, PA | ASSISTANCE WITH CHARITABLE CAUSE | $3,639 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIDELITY DEPOSIT DISCOUNT BK | Trustee | 1 | $22,417 |
Frequently Asked Questions
How large is Irene M Matto Trust?
As of 2024, Irene M Matto Trust holds $1.2M in total assets with $65K in annual revenue. It awarded 19 grants totaling $73K in 2024.
Where does Irene M Matto Trust operate?
Irene M Matto Trust has awarded grants in District of Columbia, Florida, Georgia, Illinois, Maryland, New York, Oklahoma, Pennsylvania, Tennessee, Virginia.
What size grants does Irene M Matto Trust award?
In 2024, Irene M Matto Trust awarded 19 grants totaling $73K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Irene M Matto Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Irene M Matto Trust reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Irene M Matto Trust's EIN?
Irene M Matto Trust's EIN (Employer Identification Number) is 27-6354765. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Irene M Matto Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.