Matt & Judy Cullen Foundation
Matt & Judy Cullen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $72K in total assets. In 2024, it awarded 15 grants totaling $263K. Net investment income was $10K.
Key facts about Matt & Judy Cullen Foundation
In short: Matt & Judy Cullen Foundation gave $263K across 15 grants in 2024 (avg $18K), mostly in California. 7% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 85-4348247
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $263,491
- Grants made (2024)
- 15
- Average grant
- $17,566
- Median grant
- $7,000
- New grantees (estimate)
- 7% first-time grantees (1 of 15, 2024)
- Total assets
- $71,604
- Primary geography
- California (68% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$72K
-74.1% YoY
Annual Giving
$263K
+77.6% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$18K
+89.4% YoY
Is Matt & Judy Cullen Foundation open to new grantees?
7%
first-time grantees, 2024
In 2024, 1 of 15 grantees (7%) were first-time recipients. First grants averaged $1K; repeat grants $19K. How we count
Medians: $1K first-time, $7K repeat.
- 87% of 2024 grantees were also funded in 2023. Method
- Giving grew 841% from 2021 to 2024. Method
- In 2022 it paid out 400% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
Cities
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5ROCK RANCH Yamhill, OR | GENERAL PURPOSE | $82,000 |
| LONG BEACH RESCUE MISSION Long Beach, CA | GENERAL PURPOSE | $60,081 |
| ST JOSEPH CATHOLIC SCHOOL Long Beach, CA | GENERAL PURPOSE | $42,500 |
| FUEL RELIEF FUND Newport Beach, CA | GENERAL PURPOSE | $23,380 |
| CARE CLOSET LBC Long Beach, CA | GENERAL PURPOSE | $15,000 |
| LONG BEACH RONALD MCDONALD HOUSE Long Beach, CA | GENERAL PURPOSE | $11,000 |
| TOGETHER IN MISSION Los Angeles, CA | GENERAL PURPOSE | $7,500 |
| PRECIOUS LAMB Long Beach, CA | GENERAL PURPOSE | $7,000 |
| BOYS AND GIRLS CLUB OF LONG BEACH Long Beach, CA | GENERAL PURPOSE | $5,000 |
| LONG BEACH COMMUNITY FOUNDATION Long Beach, CA | GENERAL PURPOSE | $2,750 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,604 | $276,285 | $452,613 |
| Revenue | $63,468 | $-21,596 | $24,180 |
| Expenses | $268,149 | $156,390 | $104,351 |
| Qualifying Distributions | $264,526 | $150,622 | $96,394 |
| Net Investment Income | $10,032 | $3,642 | $11,104 |
| Distributable Amount | — | — | $24,126 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Matt & Judy Cullen Foundation is led by Matt Cullen, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Matt Cullen
President
On filings since 2020
0.1 hrs/week
No compensation reported
Judy Cullen
CFO
Chief Financial Officer → CFO, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Madison Cullen
Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Mason Cullen
Vice President
On filings since 2020
0.1 hrs/week
No compensation reported
Rachel Cullen
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Matt & Judy Cullen Foundation
How much does Matt & Judy Cullen Foundation give each year?
Matt & Judy Cullen Foundation gave $263K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $148K across 16 grants.
What is Matt & Judy Cullen Foundation's typical grant size?
Matt & Judy Cullen Foundation's median grant in 2024 was $7,000, and its average grant was $17,566, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Matt & Judy Cullen Foundation that year got $1K on average.
Where does Matt & Judy Cullen Foundation give grants?
Matt & Judy Cullen Foundation gives mostly in California: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Oregon (31%). The most frequent recipient cities were Long Beach, CA (7 grants) and Los Angeles, CA (2 grants).
Does Matt & Judy Cullen Foundation give general operating support?
Yes: 100% of Matt & Judy Cullen Foundation's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Matt & Judy Cullen Foundation's largest grantees?
Matt & Judy Cullen Foundation's largest 2024 grantees include 5ROCK Ranch ($82,000), Long Beach Rescue Mission ($60,081) and St Joseph Catholic School ($42,500), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.
How large is Matt & Judy Cullen Foundation?
Matt & Judy Cullen Foundation reported $72K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $63K.
What is Matt & Judy Cullen Foundation?
Matt & Judy Cullen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. It holds $72K in total assets as of 2024.
What is Matt & Judy Cullen Foundation's EIN?
Matt & Judy Cullen Foundation's EIN (Employer Identification Number) is 85-4348247. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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