Mathews Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $65K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+5.5% YoY
Annual Giving
$65K
+54.1% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$22K
+2.7% YoY
Under IRS private-foundation payout rules, Mathews Family Foundation Inc reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About Mathews Family Foundation Inc
Based on IRS filings
Mathews Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $65K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,231,330 | $1,167,598 | $1,067,974 |
| Revenue | $49,092 | $48,188 | $14,718 |
| Expenses | $74,604 | $46,826 | $68,432 |
| Qualifying Distributions | $65,391 | $42,442 | $63,784 |
| Net Investment Income | $33,435 | $35,453 | $11,772 |
| Distributable Amount | $60,598 | $55,408 | $56,233 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christian Medical College ($29,758), Christian Medical College ($29,681), Christian Medical College ($5,952).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRISTIAN MEDICAL COLLEGE | CONSTRUCTION OF WOMEN'S HOSTEL | $5,952 |
| CHRISTIAN MEDICAL COLLEGE | CONSTRUCTION OF WOMEN'S HOSTEL | $29,758 |
| CHRISTIAN MEDICAL COLLEGE | CONSTRUCTION OF WOMEN'S HOSTEL | $29,681 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL MATHEWS | PRESIDENT | 10 | — |
| RASHIKA MATHEWS | TREASURER | 10 | — |
| ANITA MATHEWS | DIRECTOR | 10 | — |
| SONIA MARUTI | CLERK | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mathews Family Foundation Inc?
Mathews Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON, MA. It holds $1.2M in total assets as of 2024.
How large is Mathews Family Foundation Inc?
As of 2024, Mathews Family Foundation Inc holds $1.2M in total assets with $49K in annual revenue. It awarded 3 grants totaling $65K in 2024.
Where does Mathews Family Foundation Inc operate?
Mathews Family Foundation Inc has awarded grants in Massachusetts, Missouri, New Jersey, Texas.
What size grants does Mathews Family Foundation Inc award?
In 2024, Mathews Family Foundation Inc awarded 3 grants totaling $65K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Mathews Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mathews Family Foundation Inc reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mathews Family Foundation Inc's EIN?
Mathews Family Foundation Inc's EIN (Employer Identification Number) is 83-3847902. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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