Matthew 2521 Foundation

Foundation · Grantmaker Cleveland, OH EIN: 88-4421858

Matthew 2521 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cleveland, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 3 grants totaling $4K.

Key facts about Matthew 2521 Foundation

EIN: 88-4421858
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $3,519
Grants made (2024): 3
Average grant: $1,173
Median grant: $523
Total assets: $67,708
Primary geography: Ohio (78% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Matthew 2521 Foundation funds

By grant dollars, the top recipient states for Matthew 2521 Foundation's 3 itemized 2024 grants were Ohio (78%), Utah (15%) and Colorado (7%). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity" (3 grants).

How Matthew 2521 Foundation gives

In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

Annual Giving

$4K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Matthew 2521 Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Matthew 2521 Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $3K (78%)

Utah $523 (15%)

Colorado $258 (7%)

Share of all 3 itemized 2024 grant dollars.

States

Colorado Ohio Utah

Cities

Colorado SpringsFairview ParkKanab

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022
Total Assets	$67,708	$15,000
Revenue	$10,000	$15,000
Expenses	$4,291	—
Qualifying Distributions	$3,519	—
Net Investment Income	—	—
Distributable Amount	$3,011	—

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Journey Church ($2,738), Bestfriends Animal ($523), Compassion International ($258).

Recipient	Purpose	Amount
JOURNEY CHURCH Fairview Park, OH	CHARITY	$2,738
BESTFRIENDS ANIMAL Kanab, UT	CHARITY	$523
COMPASSION INTERNATIONAL Colorado Springs, CO	CHARITY	$258

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Bethany Hilt	President	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Matthew 2521 Foundation?

Matthew 2521 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cleveland, OH. It holds $68K in total assets as of 2024.

How large is Matthew 2521 Foundation?

As of 2024, Matthew 2521 Foundation holds $68K in total assets with $10K in annual revenue. It awarded 3 grants totaling $4K in 2024.

Where does Matthew 2521 Foundation operate?

Matthew 2521 Foundation has awarded grants in Colorado, Ohio, Utah.

What size grants does Matthew 2521 Foundation award?

In 2024, Matthew 2521 Foundation awarded 3 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Matthew 2521 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Matthew 2521 Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.