Matt & Judy Cullen Foundation

Foundation · Grantmaker Long Beach, CA EIN: 85-4348247

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

6states

Share of all 15 itemized 2024 grant dollars.

Cities

Long BeachLos AngelesYamhillSimi ValleyMesaNewport BeachArlingtonLakewoodLos AlamitosMadisonSeattleTucson

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants202010 grants202111 grants202216 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

5ROCK Ranch: $82K5ROCK Ranch$82KLong Beach Rescue Mission: $60KLong Beach Rescue Mission$60KSt Joseph Catholic School: $43KSt Joseph Catholic School$43KFuel Relief Fund: $23KFuel Relief Fund$23KCare Closet LBC: $15KCare Closet LBC$15KLong Beach Ronald McDonald House: $11KLong Beach Ronald McDonaldHouse$11KTogether in Mission: $8KTogether in Mission$8KPrecious Lamb: $7KPrecious Lamb$7KBoys and Girls Club of Long Beach: $5KBoys and Girls Club of LongBeach$5KLong Beach Community Foundation: $3KLong Beach CommunityFoundation$3K

Grant Size Distribution

52 grants across all recorded years

49<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
5ROCK RANCH Yamhill, ORGENERAL PURPOSE$82,000
LONG BEACH RESCUE MISSION Long Beach, CAGENERAL PURPOSE$60,081
ST JOSEPH CATHOLIC SCHOOL Long Beach, CAGENERAL PURPOSE$42,500
FUEL RELIEF FUND Newport Beach, CAGENERAL PURPOSE$23,380
CARE CLOSET LBC Long Beach, CAGENERAL PURPOSE$15,000
LONG BEACH RONALD MCDONALD HOUSE Long Beach, CAGENERAL PURPOSE$11,000
TOGETHER IN MISSION Los Angeles, CAGENERAL PURPOSE$7,500
PRECIOUS LAMB Long Beach, CAGENERAL PURPOSE$7,000
BOYS AND GIRLS CLUB OF LONG BEACH Long Beach, CAGENERAL PURPOSE$5,000
LONG BEACH COMMUNITY FOUNDATION Long Beach, CAGENERAL PURPOSE$2,750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
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

  1. 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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