Matred Carlton Olliff Foundation
Matred Carlton Olliff Foundation is a private foundation, based in Wauchula, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.1M in total assets. In 2025, it awarded 3 grants totaling $212K. Net investment income was $380K.
Matred Carlton Olliff Foundation at a glance
In short: Matred Carlton Olliff Foundation gave $212K across 3 grants in 2025 (avg $71K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $211,800
- -3.0% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $70,600
- -35.3% vs 2024
- Median grant
- $2,000
- Total assets
- $4,099,739
- +8.7% vs 2024
- Primary geography
- Florida (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 Matred Carlton Olliff Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Charitable Organizations - See STMT ($209K). Together the top 3 received $212K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 9 grants of 14 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Matred Carlton Olliff Foundation gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 99% 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 $149K (2021) to $218K (2024). In 2025 it made 3 grants totaling $212K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charitable Organizations - See STMT Wauchula, FL | Grants to Charitable Organizations | $209,200 |
| Patti Ready Wauchula, FL | GRANT | $2,000 |
| Jaine Arnold Bowling Green, FL | GRANTS | $600 |
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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 | $4,099,739 | $475,688 | $239,488 | $211,800 | 3 | $222,573 | $380,381 | $224,788 |
| 2024 | $3,772,673 | $410,336 | $243,394 | $218,350 | 2 | $227,861 | $248,927 | $201,651 |
| 2023 | $3,522,957 | $268,899 | $182,008 | $157,900 | 3 | $167,200 | $216,837 | $178,856 |
| 2022 | $3,328,188 | $207,304 | $216,361 | $192,350 | 3 | $207,400 | $181,140 | $185,216 |
| 2021 | $3,214,978 | $453,652 | $172,265 | $148,575 | 3 | $163,790 | $456,815 | $170,089 |
| 2020 | $3,397,980 | $73,715 | $202,599 | $180,560 | 3 | — | $104,771 | $153,403 |
| 2019 | $3,470,016 | $38,661 | $202,077 | $180,282 | 3 | — | $113,888 | $169,980 |
Under IRS private-foundation payout rules, Matred Carlton Olliff Foundation reported a distributable amount of $225K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Matred Carlton Olliff Foundation's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
Walter S. Farr
Trustee
On filings since 2019
2 hrs/week
$6K (2019) → $6K (2025)
Doyle E. Carlton III
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
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 $6K, to Walter S Farr (Trustee).
Frequently asked questions about Matred Carlton Olliff Foundation
How much does Matred Carlton Olliff Foundation give each year?
Matred Carlton Olliff Foundation gave $212K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $218K across 2 grants.
What is Matred Carlton Olliff Foundation's typical grant size?
Matred Carlton Olliff Foundation's median grant in 2025 was $2,000, and its average grant was $70,600, across 3 grants on its 2025 IRS Form 990-PF.
Where does Matred Carlton Olliff Foundation give grants?
Matred Carlton Olliff Foundation gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wauchula, FL (2 grants).
Does Matred Carlton Olliff Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Matred Carlton Olliff Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Matred Carlton Olliff Foundation?
Matred Carlton Olliff Foundation reported $4.1M in total assets on its 2025 IRS Form 990-PF. It paid out $223K in qualifying distributions that year, against a required minimum of $225K (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.
What is Matred Carlton Olliff Foundation's EIN?
Matred Carlton Olliff Foundation's EIN (Employer Identification Number) is 59-2241303. 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS June 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 5, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 22, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
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Figures come from Matred Carlton Olliff 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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