Matan Family Foundation Inc

FREDERICK, MD EIN: 27-5370859

Matan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 14 grants totaling $912K. Net investment income was $147K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

-5.5% YoY

Annual Giving

$912K

+19.1% YoY

Grant Count

+7.7% YoY

Avg Grant Size

$65K

+10.6% YoY

Under IRS private-foundation payout rules, Matan Family Foundation Inc reported a distributable amount of $220K for 2024 — the minimum it must pay out in qualifying distributions.

About Matan Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

District of Columbia $2.4M (70%)

Maryland $791K (23%)

Florida $126K (4%)

Pennsylvania $75K (2%)

Delaware $37K (1%)

Virginia $13K (0%)

States

District of Columbia Delaware Florida Maryland Pennsylvania Virginia

Cities

ArlingtonBethesdaChevy ChaseDewey BeachFrederickKensingtonLewesNorth Palm BeachOcean ViewOlneyPhiladelphiaPotomacRehoboth BeachViennaWashingtonWyncote

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,465,923	$4,727,061	$4,832,395
Revenue	$164,297	$91,975	$1,927,174
Expenses	$934,016	$787,707	$282,308
Qualifying Distributions	$914,820	$768,050	$226,695
Net Investment Income	$146,874	$127,565	$372,755
Distributable Amount	$219,875	$226,737	$181,566

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

60 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catholic Charities ($383,000), Building Futures Project Inc ($155,000), Stone Ridge School of the Sacred Heart ($100,000).

Recipient	Purpose	Amount
CATHOLIC CHARITIES WASHINGTON, DC	PROVIDE HUMANITARIAN AID AND SOCIAL SERVICES IN ACCORDANCE WITH THE CATHOLIC FAITH.	$383,000
CATHOLIC BUSINESS NETWORK OF MC SCHOLARSHIP AND GRANT FOUNDATION BETHESDA, MD	TO PROVIDE GRANTS AND SCHOLARSHIPS FOR STUDENTS IN MONTGOMERY COUNTRY, MD CATHOLIC SCHOOLS	$3,000
BUILDING FUTURES PROJECT INC BETHESDA, MD	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	$155,000
GONZAGA COLLEGE HIGH SCHOOL WASHINGTON, DC	STRIVES TO CREATE A DYNAMIC AND CARING LEARNING ENVIRONMENT WHICH IT UNITES WITH ITS ACADEMIC, EXTRA-CURRICULAR, AND ATHLETIC PROGRAMS TO HELP FORM MEN WITH AND FOR OTHERS, THAT IS, GRADUATES WHO ARE OPEN TO GROWTH, INTELLECTUALLY COMPETENT, RELIGIOUS, LOVING, AND COMMITTED TO DOING JUSTICE.	$93,321
COMMUNITY FOUNDATION OF FREDERICK COUNTY FREDERICK, MD	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	$20,000
NICKLAUS CHILDREN'S HEALTH CARE FOUNDATION NORTH PALM BEACH, FL	TO PROVIDE ACCESS TO WORLD-CLASS HEALTH CARE FOR ALL CHILDREN AND SUPPORT INNOVATIVE PROGRAMS FOCUSED ON DIAGNOSIS, TREATMENT AND PREVENTION OF CHILDHOOD ILLNESS.	$51,000
POOR ROBERT'S MISSION POTOMAC, MD	TO BRING THE JOY AND HAPPINESS OF THANKSGIVING TO THOUSANDS OF THE LESS FORTUNATE IN THE WASHINGTON, DC AREA THROUGH DONATIONS OF TURKEYS.	$1,500
REHOBOTH BEACH HISTORICAL SOCIETY REHOBOTH BEACH, DE	TO PERPETUATE THE MEMORY OF THOSE WHO CONTRIBUTED TO THE HISTORY OF REHOBOTH BEACH	$14,677
SAINT JANE DE CHANTAL SCHOOL BETHESDA, MD	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	$22,750
STARBOARD CHARITABLE INC DEWEY BEACH, DE	PROMOTE COMMUNITY SPORTS AND SOCIAL EVENTS WITH THE GOAL OF FUNDRAISING FOR VARIOUS ESTABLISHED PUBLIC CHARITIES BOTH LOCALLY AND NATIONALLY	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARK C MATAN	PRESIDENT, JOINED 02/2011	5	—
SUZANNE MATAN	VICE PRESIDENT, JOINED 02/2011	5	—
THERESE MATAN	SECRETARY, JOINED 02/2011	5	—
JOSEPH P MATAN	VICE PRESIDENT, JOINED 02/2011	5	—
A SCOTT COWPERTHWAITE	TREASURER, JOINED 02/2011	5	—
MICHELLE MATAN DOMBO	DIRECTOR, JOINED 02/2011	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Matan Family Foundation Inc?

Matan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREDERICK, MD. It holds $4.5M in total assets as of 2024.

How large is Matan Family Foundation Inc?

As of 2024, Matan Family Foundation Inc holds $4.5M in total assets with $164K in annual revenue. It awarded 14 grants totaling $912K in 2024.

Where does Matan Family Foundation Inc operate?

Matan Family Foundation Inc has awarded grants in District of Columbia, Delaware, Florida, Maryland, Pennsylvania, Virginia.

What size grants does Matan Family Foundation Inc award?

In 2024, Matan Family Foundation Inc awarded 14 grants totaling $912K — an average of about $65K per grant, based on its IRS Form 990 filings.

How much is Matan Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Matan Family Foundation Inc reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.