Matthew 25 40 Foundation

Private foundation · Grantmaker Roanoke, VA EIN: 83-2229109

Matthew 25 40 Foundation is a private foundation focused on religion, based in Roanoke, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $84 in total assets.

Matthew 25 40 Foundation at a glance

Total assets
$84
-77.4% vs 2024
Revenue (2025)
$1,300
-89.2% vs 2024
Expenses (2025)
$1,587
-86.9% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Matthew 25 40 Foundation funds

How this funder distributes its grants

Grant Size Distribution

19 grants across all recorded years

16<$50K$50–100K$100–250K2$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 16 grants of 19 (84%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

LynchburgRoanokeClaytonNew Smyrna BeachBaton RougeBedfordDallasDaytona BeachPottersvilleSouth HillSuffolkWinston-Salem

How Matthew 25 40 Foundation gives

  • Giving fell 77% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$500K$1M$1.5M$2M6 grants2019 4 grants2020 3 grants2021 8 grants2022 6 grants2023 2 grants2024 0 grants2025

From 2019 to 2024, annual grant giving ranged from $11K (2024) to $2.0M (2023). In 2024 it made 2 grants totaling $11K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Paul Richardson Co Matthew 25 40 Fo Roanoke, VAContribution to Missionary$10,000
Paws of Love Animal Rescue Dallas, TXOperating Contribution$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$84$1,300$1,587————$20
2024$371$12,051$12,129$10,5002$10,500—$23
2023$449$1,850,433$1,958,979$1,957,5006$1,957,500$12$3,000
2022$108,995$416,119$307,525$306,0008$306,000$32$3,929
2021$401$44,609$47,126$45,6013$45,601$2$94
2020$2,918$135,014$158,870$157,3354—$14$284
2019$26,774$275,919$249,145$248,9106—$484$5,162

Under IRS private-foundation payout rules, Matthew 25 40 Foundation reported a distributable amount of $20 for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Matthew 25 40 Foundation is led by Donald W. Banker, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Donald W. Banker

    President

    On filings since 2019

    No compensation reported

  • Gregory R. Nichols

    Secretary & Treasurer

    On filings since 2019

    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.

Frequently asked questions about Matthew 25 40 Foundation

How large is Matthew 25 40 Foundation?

Matthew 25 40 Foundation reported $84 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1K.

What is Matthew 25 40 Foundation?

Matthew 25 40 Foundation is a private foundation focused on religion, based in Roanoke, VA. It holds $84 in total assets as of 2025.

Where does Matthew 25 40 Foundation operate?

Matthew 25 40 Foundation has awarded grants in Florida, Louisiana, North Carolina, New York, Texas, Virginia.

How much is Matthew 25 40 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Matthew 25 40 Foundation reported a distributable amount of $20 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Matthew 25 40 Foundation's EIN?

Matthew 25 40 Foundation's EIN (Employer Identification Number) is 83-2229109. 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

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Matthew 25 40 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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