M & T Foundation
M & T Foundation is a private foundation based in Rancho Santa Fe, California. Its 2024 filing says it provides charitable funds for medical, educational, and sociological pursuits and that it volunteers for sociological activities.
M & T Foundation at a glance
In short: M & T Foundation gave $1.5M across 23 grants in 2024 (avg $64K), top state Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,477,000
- +3.6% vs 2023
- Grants made (2024)
- 23
- +155.6% vs 2023
- Average grant
- $64,217
- -59.4% vs 2023
- Median grant
- $25,000
- Total assets
- $22,611,748
- +1.1% vs 2023
- Primary geography
- Indiana (39% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to M & T Foundation
- How to Apply
-
Applications should be submitted in written letter form. The filing lists no restrictions on awards and no deadline.
- Contact
Application contact: Greg Potenziani
Mailing address: PO Box 676370, Rancho Santa Fe, CA 92067
Phone: (858) 750-0154
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who M & T Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Marmion Academy ($10K).
Organizations only. It also paid 22 grants to individuals ($1,467,000), which are not listed by name.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 31 grants of 50 (62%).
Geographic Focus
Where this funder awards grants
The 2024 grants went to recipients in multiple states. By share of grant dollars, the largest recipient-state shares were Indiana (39%), California (19%), Colorado (8%), Kansas (7%), and Washington, DC (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 23 itemized grants.
States
Cities
How M & T Foundation gives
- Giving grew 639% from 2021 to 2024. Method
- In 2024 it paid out 130% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $200K (2021) to $1.5M (2024). In 2024 it made 23 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 22 grants to individuals Recipients not named | — | $1,467,000 |
| Marmion Academy Aurora, IL | Two Scholarships | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $22,611,748 | $2,292,450 | $2,059,848 | $1,477,000 | 23 | $1,557,023 | $1,789,625 | $1,196,415 |
| 2023 | $22,374,430 | $1,176,327 | $2,064,665 | $1,425,000 | 9 | $1,506,631 | $618,293 | $1,175,945 |
| 2022 | $23,262,905 | $2,360,715 | $1,820,677 | $1,360,000 | 7 | $1,423,980 | $1,964,018 | $1,234,186 |
| 2021 | $22,770,419 | $2,914,440 | $798,404 | $200,000 | 5 | $351,287 | $2,467,322 | $1,187,857 |
| 2020 | $20,635,176 | $1,092,371 | $951,716 | $440,000 | 6 | — | $727,702 | $1,005,576 |
Under IRS private-foundation payout rules, M & T Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated charitable activities are funding medical, educational, and sociological pursuits and volunteering for sociological activities. Its 2024 grants included support for universities, schools, health-related organizations, and other organizations.
The grantees describe their work in varied terms. For example, the University of San Diego says it advances academic excellence to create a more inclusive, sustainable, and hopeful world. An individual recipient says it helps perinatal mothers and their families through transportation, mental health assistance, and supportive services. CUREBOUND says its mission is to accelerate cancer research and save lives. These are the grantees’ own descriptions, not statements of the foundation’s mission.
Grantmaking
In 2024, the foundation made 23 grants totaling $1,477,000. Grant amounts ranged from $5,000 to $500,000, with a median of $25,000.
Notable 2024 grants included $500,000 to the University of Notre Dame for constitutional law; $125,000 to The Phoenix for a San Diego region project; $100,000 each to Benedictine College for general support, Napa Institute Legal Foundation for outreach events and team expansion, and the University of San Diego for its endowment; and $75,000 each to the ND Boler-Parseghian Center for Rare Diseases and The Evermode Institute for general support. Other listed grants included $50,000 to an individual recipient for general support and $25,000 to Kids for Peace.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gregory L. Potenziani as president; Frank A. Potenziani as chairman; Fred G. Botek as treasurer; and Kimberly Godoy as secretary. Directors listed were Patricia P. Vick, Jason Vick, Matthew Bush, Matthew F. Botek, and James A. Brenneis.
M & T Foundation is led by Gregory L Potenziani, President on every filing since 2020; 1 of 9 officers listed in 2024 is compensated.
Officers on the 2024 filing
Gregory L Potenziani
President
On filings since 2020
40 hrs/week
$120K (2020) → $130K (2024)
Frank A Potenziani
Chairman
Trustee → Director, 2021
Director → Chairman, 2024
On filings since 2020
2 hrs/week
No compensation reported
James A Brenneis
Director
Vice President → Director, 2021
On filings since 2020
1 hr/week
$26K (2020) → $0 (2024)
Matthew Bush
Director
On filings since 2020
1 hr/week
No compensation reported
Matthew F Botek
Director
On filings since 2020
1 hr/week
No compensation reported
Patricia P Vick
Director
On filings since 2020
1 hr/week
No compensation reported
Jason Vick
Director
On filings since 2023
1 hr/week
No compensation reported
Fred G Botek
Treasurer
Executive Vice President → Director, 2023
Director → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Kimberly Godoy
Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Darren Beckett (2020–2023) — Director
- Former: Cheryl L Potenziani (2021–2022) — Director
- Former: Kimberly Godoy-Potenziani (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $130K, to Gregory L Potenziani (President).
Frequently asked questions about M & T Foundation
How much does M & T Foundation give each year?
M & T Foundation gave $1.5M across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 9 grants.
What is M & T Foundation's typical grant size?
M & T Foundation's median grant in 2024 was $25,000, and its average grant was $64,217, across 23 grants on its 2024 IRS Form 990-PF.
Where does M & T Foundation give grants?
M & T Foundation's top state is Indiana, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (19%) and Colorado (8%).
Does M & T Foundation give general operating support?
Yes: 43% of M & T Foundation's 2024 grants with a stated purpose (10 of 23) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is M & T Foundation?
M & T Foundation reported $22.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What does M & T Foundation fund?
The foundation’s stated charitable activities are funding medical, educational, and sociological pursuits and volunteering for sociological activities. Its 2024 grants included support for universities, schools, health-related organizations, and other organizations. See mission & focus areas ↑
How do I apply for a grant from M & T Foundation?
Applications should be submitted in written letter form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is M & T Foundation's EIN?
M & T Foundation's EIN (Employer Identification Number) is 45-4482686. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work M & T Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in M & T Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). M & T Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/m-and-t-foundation-morg_add4fd08fa8f4b9285b11a74980e4c39
BibTeX
@misc{grantable_454482686_2026,
author = {{Grantable}},
title = {{M \& T Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/m-and-t-foundation-morg_add4fd08fa8f4b9285b11a74980e4c39},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from M & T Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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