Matthew 620 Foundation
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Matthew 620 Foundation at a glance
In short: Matthew 620 Foundation gave $287K across 9 grants in 2024 (avg $32K), mostly in Colorado. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $287,104
- -12.6% vs 2023
- Grants made (2024)
- 9
- -25.0% vs 2023
- Average grant
- $31,900
- +16.5% vs 2023
- Median grant
- $29,604
- Total assets
- $1,012,360
- -6.1% vs 2023
- Primary geography
- Colorado (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Matthew 620 Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Summit Ministries ($100K). Together the top 9 received $287K.
Grant Size Distribution
40 grants across all recorded years
The most common grant size was under $50K: 31 grants of 40 (78%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Matthew 620 Foundation gives
- Giving grew 42% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $122K (2020) to $389K (2022). In 2024 it made 9 grants totaling $287K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Summit Ministries Manitou Springs, CO | General Support | $100,000 |
| IF Gathering Dallas, TX | General Support | $50,000 |
| Crossroads Church of Aspen Aspen, CO | General Support | $36,000 |
| Watermark Community Church Dallas, TX | General Support | $36,000 |
| Family Legacy Missions Int Irving, TX | Child Sponsorship | $29,604 |
| Actions in Africa Aspen, CO | General Support | $10,000 |
| Matthew 10 International Knoxville, TN | Support for Holly and Preston Todd | $10,000 |
| Helping Hands Ministries Sarasota, FL | Support for Natalie Green | $8,000 |
| CRU Orlando, FL | General Support | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,012,360 | $281,289 | $346,627 | $287,104 | 9 | $89 |
| 2023 | $1,077,698 | $646,157 | $542,939 | $328,528 | 12 | $37 |
| 2022 | $974,480 | $425,032 | $431,333 | $389,228 | 8 | $32 |
| 2021 | $980,781 | $232,223 | $222,347 | $201,478 | 6 | $23 |
| 2020 | $970,905 | $53,205 | $161,117 | $121,978 | 5 | $5 |
About Matthew 620 Foundation
Based on IRS filings
Matthew 620 Foundation is a public charity focused on religion, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $287K. Net investment income was $89.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Matthew 620 Foundation is led by Toby R Neugebauer, President & Chair on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Toby R Neugebauer
President & Chair
On filings since 2020
1 hr/week
No compensation reported
Chris Start
Treasurer
On filings since 2020
1 hr/week
No compensation reported
John Mulder
Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Melissa Neugebauer
Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
S Wil VanLoh Jr.
Vice President & Secretary
On filings since 2020
1 hr/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 Matthew 620 Foundation
How much does Matthew 620 Foundation give each year?
Matthew 620 Foundation gave $287K across 9 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $329K across 12 grants.
What is Matthew 620 Foundation's typical grant size?
Matthew 620 Foundation's median grant in 2024 was $29,604, and its average grant was $31,900, across 9 grants on its 2024 IRS Form 990.
Where does Matthew 620 Foundation give grants?
Matthew 620 Foundation gives mostly in Colorado: 51% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Texas (40%) and Florida (5%). The most frequent recipient cities were Dallas, TX (2 grants) and Aspen, CO (2 grants).
Does Matthew 620 Foundation give general operating support?
Yes: 67% of Matthew 620 Foundation's 2024 grants with a stated purpose (6 of 9) were for general or operating support, per its 2024 IRS Form 990.
Who are Matthew 620 Foundation's largest grantees?
Matthew 620 Foundation's largest 2024 grantees include Summit Ministries ($100,000), IF Gathering ($50,000) and Crossroads Church of Aspen ($36,000), according to its 2024 IRS Form 990. Together they received 65% of its itemized 2024 grant dollars.
How large is Matthew 620 Foundation?
Matthew 620 Foundation reported $1.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $281K.
What is Matthew 620 Foundation?
Matthew 620 Foundation is a public charity focused on religion, based in Colorado Springs, CO. It holds $1.0M in total assets as of 2024.
What is Matthew 620 Foundation's EIN?
Matthew 620 Foundation's EIN (Employer Identification Number) is 20-4258300. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 30, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 16, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Matthew 620 Foundation funds
Religion Related Open opportunities, soonest deadline first.
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