Matis Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $50K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
-78.5% YoY
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
Under IRS private-foundation payout rules, Matis Family Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Matis Family Foundation Inc
Based on IRS filings
Matis Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 1 grants totaling $50K.
Focus Areas
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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 | $14,066 | $65,429 | $62,989 |
| Revenue | $1,362 | $2,640 | $625 |
| Expenses | $52,725 | $200 | $1,250 |
| Qualifying Distributions | $50,000 | — | — |
| Net Investment Income | — | $2,440 | — |
| Distributable Amount | $1,958 | $3,128 | $3,118 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pennsylvania ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | GENERAL SUPPORT | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYN SOMMER MATIS | PRESIDENT | 5 | — |
| LOUIS MATIS | VICE-PRESIDENT | 3 | — |
| EMILY MATIS | DIRECTOR | 1 | — |
| ELIZABETH MATIS | DIRECTOR | 1 | — |
| JESSICA MATIS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Matis Family Foundation Inc?
Matis Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHPORT, CT. It holds $14K in total assets as of 2024.
How large is Matis Family Foundation Inc?
As of 2024, Matis Family Foundation Inc holds $14K in total assets with $1K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Matis Family Foundation Inc operate?
Matis Family Foundation Inc has awarded grants in New York, Pennsylvania.
What size grants does Matis Family Foundation Inc award?
In 2024, Matis Family Foundation Inc awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Matis Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Matis Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Matis Family Foundation Inc's EIN?
Matis Family Foundation Inc's EIN (Employer Identification Number) is 47-5509021. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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