M&T Foundation

Foundation · Grantmaker Dallas, TX EIN: 81-6182605

M&T Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 9 grants totaling $108K. Net investment income was $128K.

Key facts about M&T Foundation

EIN: 81-6182605
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $107,500
Grants made (2024): 9
Average grant: $11,944
Median grant: $10,000
Total assets: $1,931,565
Primary geography: Texas (48% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who M&T Foundation funds

By grant dollars, the top recipient states for M&T Foundation's 9 itemized 2024 grants were Texas (48%), North Carolina (23%) and Wisconsin (19%). The most frequent recipient cities were Dallas, TX (5 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (9 grants).

How M&T Foundation gives

Giving grew 22% from 2021 to 2024. Method
In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with M&T Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-0.1% YoY

Annual Giving

$108K

+15.6% YoY

Grant Count

+28.6% YoY

Avg Grant Size

$12K

-10.1% YoY

Under IRS private-foundation payout rules, M&T Foundation reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About M&T Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $52K (48%)

North Carolina $25K (23%)

Wisconsin $20K (19%)

California $11K (10%)

Share of all 9 itemized 2024 grant dollars.

States

California North Carolina Texas Wisconsin

Cities

DallasChapel HillFall CreekAddisonDurhamEau ClairePalo Alto

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,931,565	$1,934,164	$1,777,973
Revenue	$132,694	$267,193	$90,679
Expenses	$145,293	$116,002	$131,653
Qualifying Distributions	$133,848	$111,505	$114,377
Net Investment Income	$127,841	$263,670	$74,212
Distributable Amount	$115,620	$102,914	$102,020

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of North Carolina at Chapel Hill ($25,000), Scholarshot ($12,000), Rise Together Education Inc ($10,500).

Recipient	Purpose	Amount
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL Chapel Hill, NC	EDUCATION	$25,000
SCHOLARSHOT Dallas, TX	EDUCATION	$12,000
RISE TOGETHER EDUCATION INC Palo Alto, CA	EDUCATION	$10,500
FALL CREEK AREA FOUNDATION Fall Creek, WI	EDUCATION	$10,000
UW EAU CLAIRE FOUNDATION Eau Claire, WI	EDUCATION	$10,000
BOYS & GIRLS CLUBS OF GREATER DALLAS Dallas, TX	EDUCATION	$10,000
UPLIFT EDUCATION Dallas, TX	EDUCATION	$10,000
UNIVERSITY OF NORTH TEXAS AT DALLAS FOUNDATION Dallas, TX	EDUCATION	$10,000
DALLAS COLLEGE FOUNDATION Dallas, TX	EDUCATION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Mark Floyd	Trustee	1	—
Tamara Mattison	Trustee	1	—
Melissa Floyd Lewis	Trustee	1	—
Melanie Floyd Biese	Trustee	1	—
Tolleson Private Bank	Trustee	5	$27,735

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is M&T Foundation?

M&T Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds $1.9M in total assets as of 2024.

How large is M&T Foundation?

As of 2024, M&T Foundation holds $1.9M in total assets with $133K in annual revenue. It awarded 9 grants totaling $108K in 2024.

Where does M&T Foundation operate?

M&T Foundation has awarded grants in California, North Carolina, Texas, Wisconsin.

What size grants does M&T Foundation award?

In 2024, M&T Foundation awarded 9 grants totaling $108K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is M&T Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M&T Foundation reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.