Matem Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $498K in total assets. In 2024, it awarded 16 grants totaling $72K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$498K
-11.8% YoY
Annual Giving
$72K
+134.0% YoY
Grant Count
16
+128.6% YoY
Avg Grant Size
$4K
+2.4% YoY
Under IRS private-foundation payout rules, Matem Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Matem Foundation
Based on IRS filings
Matem Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $498K in total assets. In 2024, it awarded 16 grants totaling $72K. Net investment income was $9K.
Focus Areas
Ready to take the next step with Matem Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $498,089 | $564,795 | $589,499 |
| Revenue | $9,452 | $8,297 | $5,320 |
| Expenses | $76,158 | $33,001 | $25,502 |
| Qualifying Distributions | $71,600 | $30,600 | $23,000 |
| Net Investment Income | $9,452 | $8,372 | $5,791 |
| Distributable Amount | $30,543 | $31,411 | $32,408 |
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
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Idea Village ($30,000), Bridge Housegrace House ($5,000), Greater New Orleans Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUDUBON NATURE INSTITUTE NEW ORLEANS, LA | AUDUBON RECOVERY FUND | $3,000 |
| BRIDGE HOUSEGRACE HOUSE NEW ORLEANS, LA | TO SUPPORT THOSE IN NEED | $5,000 |
| NOMA NEW ORLEANS, LA | TO SUPPORT THE ARTS | $2,500 |
| NOTRE DAME SEMINARY GRADUATE SCHOOL OF THEOLOGY NEW ORLEANS, LA | VIRTUAL GALA | $2,000 |
| THE NATURE CONSERVANCY BATON ROUGE, LA | CONSERVATION OF NATURE | $2,500 |
| THE PRESERVATION RESOURCE CENTER NEW ORLEANS, LA | PRESERVATION OF NEW ORLEANS | $2,500 |
| WWII MUSUEM OF NEW ORLEANS NEW ORLEANS, LA | TO SUPPORT HISTORY | $100 |
| WWOZ NEW ORLEANS, LA | A NON-PROFIT COMMUNITY-SUPPORTED RADIO STATION IN NEW ORLEANS | $1,000 |
| GREATER NEW ORLEANS FOUNDATION NEW ORLEANS, LA | THE GREATER NEW ORLEANS FOUNDATION IS THE PHILANTHROPIC INSTITUTION DEDICATED TO CHAMPIONING CHARITABLE GIVING, STRENGTHENING NONPROFITS, AND LEADING CIVIC INITIATIVES IN THE GREATER NEW ORLEANS REGION. | $5,000 |
| HOGS FOR THE CAUSE BATON ROUGE, LA | TO SUPPORT CANCER PATIENTS | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY MATALIN | DIRECTOR/PRESIDENT/SECRETARY | — | — |
| JAMES CARVILLE | DIRECTOR/VICE PRESIDENT | — | — |
| MATALIN CARVILLE | DIRECTOR | — | — |
| EMERSON CARVILLE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Matem Foundation?
Matem Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALEXANDRIA, VA. It holds $498K in total assets as of 2024.
How large is Matem Foundation?
As of 2024, Matem Foundation holds $498K in total assets with $9K in annual revenue. It awarded 16 grants totaling $72K in 2024.
Where does Matem Foundation operate?
Matem Foundation has awarded grants in Louisiana, Massachusetts, Utah.
What size grants does Matem Foundation award?
In 2024, Matem Foundation awarded 16 grants totaling $72K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Matem Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Matem Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Matem Foundation's EIN?
Matem Foundation's EIN (Employer Identification Number) is 81-0916762. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Matem Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Heartfelt Humans
ASHBURN, VA
Assets
—
Grants
0
Total Given
—
Krumbein Charities Inc
RICHMOND, VA
Assets
$440K
Grants
14
Total Given
$34K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Matem Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Matem Foundation to a real strategy.