Matalon Family Foundation Inc
Matalon Family Foundation Inc is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $162K in total assets. In 2024, it awarded 8 grants totaling $90K. Net investment income was $6K.
Key facts about Matalon Family Foundation Inc
In short: Matalon Family Foundation Inc gave $90K across 8 grants in 2024 (avg $11K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 23-7419408
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $90,280
- Grants made (2024)
- 8
- Average grant
- $11,285
- Median grant
- $7,750
- Total assets
- $162,074
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$162K
-25.6% YoY
Annual Giving
$90K
-14.2% YoY
Grant Count
8
-55.6% YoY
Avg Grant Size
$11K
+93.0% YoY
Under IRS private-foundation payout rules, Matalon Family Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
How Matalon Family Foundation Inc gives
- Giving grew 47% from 2021 to 2024. Method
- In 2024 it paid out 638% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $61K (2021) to $105K (2023). In 2024 it made 8 grants totaling $90K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Sephardic Community Dayanut Program ($38K). Together the top 8 received $90K.
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 63 grants of 63 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sephardic Community Dayanut Program Brooklyn, NY | Charitable | $38,000 |
| Shehebar Sephardic Center New York, NY | Charitable | $20,500 |
| Congregation Beth Torah Brooklyn, NY | Charitable | $12,000 |
| Keren Hayeshivot Trust Brooklyn, NY | Charitable | $10,400 |
| Yeshiva Keter David Brooklyn, NY | Charitable | $5,100 |
| Jerusalem Center for Research Far Rockaway, NY | Charitable | $2,600 |
| Porat Yosef Foundation Brooklyn, NY | Charitable | $1,000 |
| Kolel Mishkan Yosef Brooklyn, NY | Charitable | $680 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $162,074 | $217,763 | $260,234 |
| Revenue | $37,305 | $65,088 | $40,323 |
| Expenses | $92,994 | $107,559 | $89,842 |
| Qualifying Distributions | $90,280 | $105,234 | $87,444 |
| Net Investment Income | $6,096 | $8,868 | $4,113 |
| Distributable Amount | $14,147 | $15,779 | $17,814 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Matalon Family Foundation Inc is led by Robert Matalon, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert Matalon
President
On filings since 2020
0.3 hrs/week
No compensation reported
Barbara Matalon
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Morris Matalon
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
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.
Frequently asked questions about Matalon Family Foundation Inc
How much does Matalon Family Foundation Inc give each year?
Matalon Family Foundation Inc gave $90K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $105K across 18 grants.
What is Matalon Family Foundation Inc's typical grant size?
Matalon Family Foundation Inc's median grant in 2024 was $7,750, and its average grant was $11,285, across 8 grants on its 2024 IRS Form 990-PF.
Where does Matalon Family Foundation Inc give grants?
Matalon Family Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (6 grants).
Does Matalon Family Foundation Inc give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Matalon Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants).
Who are Matalon Family Foundation Inc's largest grantees?
Matalon Family Foundation Inc's largest 2024 grantees include Sephardic Community Dayanut Program ($38,000), Shehebar Sephardic Center ($20,500) and Congregation Beth Torah ($12,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Matalon Family Foundation Inc?
Matalon Family Foundation Inc reported $162K in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).
What is Matalon Family Foundation Inc's EIN?
Matalon Family Foundation Inc's EIN (Employer Identification Number) is 23-7419408. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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