Katharine Matthies Foundation

DALLAS, TX EIN: 06-6261860

Katharine Matthies Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.0M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $1.9M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.0M

+3.9% YoY

Annual Giving

$1.0M

+4.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.0M

+4.1% YoY

Under IRS private-foundation payout rules, Katharine Matthies Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.

About Katharine Matthies Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $4.8M (100%)

States

Rhode Island

Cities

See Attached

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$20,993,941	$20,198,426	$20,685,365
Revenue	$2,070,369	$687,961	$-588,597
Expenses	$1,252,405	$1,167,937	$1,239,159
Qualifying Distributions	$1,119,037	$1,067,250	$1,145,031
Net Investment Income	$1,937,831	$533,530	$317,648
Distributable Amount	$1,173,331	$1,064,580	$1,088,817

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Open Grants

1 open opportunity from Katharine Matthies Foundation

Foundation

Katharine Matthies Foundation Grant

KATHARINE MATTHIES FOUNDATION

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Statements ($1,009,051).

Recipient	Purpose	Amount
SEE ATTACHED STATEMENTS SEE ATTACHED, RI	UNRESTRICTED GENERAL	$1,009,051

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$123,553

Frequently Asked Questions

How large is Katharine Matthies Foundation?

As of 2024, Katharine Matthies Foundation holds $21.0M in total assets with $2.1M in annual revenue. It awarded 1 grants totaling $1.0M in 2024.

Where does Katharine Matthies Foundation operate?

Katharine Matthies Foundation has awarded grants in Rhode Island.

What size grants does Katharine Matthies Foundation award?

In 2024, Katharine Matthies Foundation awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

How much is Katharine Matthies Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Katharine Matthies Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.