Matthew Six Ten Foundation

Foundation · Grantmaker Wheaton, IL EIN: 20-5826657

Matthew Six Ten Foundation is a private grantmaking foundation based in Wheaton, Illinois. Established and tax-exempt since November 2016, the foundation operates as a 501(c)(3) organization designated for religious, educational, charitable, scientific, literary, and philanthropic purposes.

Key facts about Matthew Six Ten Foundation

EIN
20-5826657
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$554,830
Grants made (2024)
32
Average grant
$17,338
Median grant
$10,000
New grantees (estimate)
25% first-time grantees (8 of 32, 2024)
Total assets
$2,666,205
Primary geography
Illinois (65% 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).

Who Matthew Six Ten Foundation funds

By grant dollars, the top recipient states for Matthew Six Ten Foundation's 32 itemized 2024 grants were Illinois (65%), Pennsylvania (6%) and Oregon (6%). The most frequent recipient cities were Wheaton, IL (3 grants), Colorado Springs, CO (3 grants), Carol Stream, IL (2 grants) and Pewaukee, WI (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Matthew Six Ten Foundation open to new grantees?

25%

first-time grantees, 2024

In 2024, 8 of 32 grantees (25%) were first-time recipients. First grants averaged $11K; repeat grants $19K. How we count

Medians: $8K first-time, $10K repeat.

  • 63% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+18%). Method
  • In 2024 it paid out 412% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). 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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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+4.3% YoY

Annual Giving

$555K

+12.2% YoY

Grant Count

32

-17.9% YoY

Avg Grant Size

$17K

+36.8% YoY

Under IRS private-foundation payout rules, Matthew Six Ten Foundation reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grant-making priorities focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Faith-based and religious nonprofit support
  • Christian nonprofit organizations
  • Family services

Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

22states

Share of all 32 itemized 2024 grant dollars.

Cities

WheatonChicagoPewaukeeColorado SpringsAlgonquinCarol StreamFort CollinsFruitvalePortlandRolling MeadowsGlen EllynKailua KonaPhiladelphiaWinfieldItascaLombardMonumentNaplesOrlandoFederal Way

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $2,666,205
  • Total Revenue: $680,533
  • Total Expenses: $570,756
  • Total Liabilities: $850

The foundation maintains a healthy financial position with assets significantly exceeding annual expenses, allowing for sustained grantmaking activity.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$234K$468K$702K$936K20202021202220232024
Metric202420232022
Total Assets$2,666,205$2,555,771$2,713,871
Revenue$680,533$558,427$417,218
Expenses$570,756$508,178$287,231
Qualifying Distributions$570,756$494,394$253,700
Net Investment Income$436,021—$321,336
Distributable Amount$138,457$128,292$121,939

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$139K$277K$416K$555K19 grants202024 grants202123 grants202239 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Harvest Bible Chapel: $200KHarvest Bible Chapel$200KClapham School: $50KClapham School$50KLiberti Fishtown Church: $35KLiberti Fishtown Church$35KLuis Palau Association: $35KLuis Palau Association$35KEntrusted Ministries: $25KEntrusted Ministries$25KWheaton Academy: $24KWheaton Academy$24KOutreach Community Ministries: $20KOutreach Community Ministries$20KWheaton Christian Grammar School: $20KWheaton Christian GrammarSchool$20KCureOrg: $20KCureOrg$20KDecision Point: $20KDecision Point$20K

Grant Size Distribution

137 grants across all recorded years

127<$50K5$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Harvest Bible Chapel ($200,000), Clapham School ($50,000), Liberti Fishtown Church ($35,000).

RecipientPurposeAmount
Harvest Bible Chapel Rolling Meadows, ILGeneral$200,000
Clapham School Wheaton, ILGeneral$50,000
Liberti Fishtown Church Philadelphia, PAGeneral$35,000
Luis Palau Association Portland, ORGeneral$35,000
Entrusted Ministries Algonquin, ILGeneral$25,000
Wheaton Academy West Chicago, ILGeneral$24,000
Outreach Community Ministries Carol Stream, ILGeneral$20,200
Wheaton Christian Grammar School Winfield, ILGeneral$20,000
CureOrg Grand Rapids, MIGeneral$20,000
Decision Point Whittier, CAGeneral$20,000

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

NameTitleHoursCompensation
John Southard JrPresident1—
Julie SouthardSecretary1—
Kathy MeyerTreasurer1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Matthew Six Ten Foundation fund?

The foundation's grant-making priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Faith-based and religious nonprofit support • Christian nonprofit organizations • Family services

How do I apply for a grant from Matthew Six Ten Foundation?

**Grant Amounts:** Typical awards range from $100,000 to $200,000. **Total Giving:** The foundation distributed $554,830 in grants based on recent fiscal year data. **Geographic Focus:** The foundation primarily funds organizations in Illinois, Colorado, and Texas.

What size grants does Matthew Six Ten Foundation award?

In 2024, Matthew Six Ten Foundation awarded 32 grants totaling $555K — an average of about $17K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Matthew Six Ten Foundation reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Matthew Six Ten Foundation's EIN?

Matthew Six Ten Foundation's EIN (Employer Identification Number) is 20-5826657. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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