Mathews Foundation
Mathews Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it awarded 1 grant totaling $240K. Net investment income was $408K.
Mathews Foundation at a glance
In short: Mathews Foundation gave $240K across 1 grant in 2025 (avg $240K), mostly in Missouri. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $240,000
- +100.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $240,000
- +100.0% vs 2024
- Median grant
- $240,000
- Total assets
- $2,928,029
- +4.8% vs 2024
- Primary geography
- Missouri (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Mathews Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was St Louis Community Foundation ($240K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Mathews Foundation gives
- Giving grew 27% from 2022 to 2025. Method
- In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $40K (2019) to $2.1M (2023). In 2025 it made 1 grant totaling $240K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Louis Community Foundation Clayton, MO | General Support | $240,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,928,029 | $434,733 | $302,388 | $240,000 | 1 | $275,891 | $407,781 | $313,963 |
| 2024 | $2,794,904 | $176,179 | $208,407 | $120,000 | 1 | $179,614 | $151,086 | $297,634 |
| 2023 | $2,824,396 | $2,662,975 | $2,159,604 | $2,100,000 | 2 | $2,134,699 | $263,334 | $265,798 |
| 2022 | $2,323,283 | $210,356 | $315,136 | $188,442 | 1 | $284,619 | $185,966 | $247,345 |
| 2021 | $2,428,062 | $352,008 | $316,850 | $200,000 | 1 | $291,828 | $328,186 | $264,294 |
| 2020 | $2,392,902 | $99,380 | $176,325 | $140,000 | 7 | — | $88,121 | $213,842 |
| 2019 | $2,469,849 | $3,088,582 | $84,612 | $40,000 | 6 | — | $99,926 | $137,216 |
Under IRS private-foundation payout rules, Mathews Foundation reported a distributable amount of $314K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mathews Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
John D. Schaperkotter
Co-Trustee
On filings since 2019
5 hrs/week
$4K (2019) → $29K (2025)
Northern Trust Company
Co-Trustee
On filings since 2019
5 hrs/week
$4K (2019) → $29K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $29K, to Northern Trust Company (Co-Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Mathews Foundation
How much does Mathews Foundation give each year?
Mathews Foundation gave $240K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 1 grant.
How large is Mathews Foundation?
Mathews Foundation reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $276K in qualifying distributions that year, against a required minimum of $314K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Mathews Foundation operate?
Mathews Foundation has awarded grants in Louisiana, Missouri.
What is Mathews Foundation's EIN?
Mathews Foundation's EIN (Employer Identification Number) is 43-6351190. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
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Figures come from Mathews Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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