The Cynthia Parker Matthews Family Found
The Cynthia Parker Matthews Family Foundation is a private foundation based in Cleveland, Ohio. Established in 2011, it operates as a grantmaking organization with a focus on supporting charitable causes through strategic philanthropic investments.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.8M
+1.7% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$121K
-5.1% YoY
Grantmaking
The foundation is an invite-only grantmaker that does not accept unsolicited applications.
Grant Range
$10,000 to $400,000
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Ohio, with particular activity in the Cleveland area and surrounding regions.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $29.2 million
- Total revenues: $2.48 million
- Total expenses: $2.17 million
- Investment income and dividends: $1.02 million
Assets & Giving (2023):
- Total assets: $28.9 million
- Total giving: $1.8 million
- Giving rate: 6.2% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Humane Society of Summit County ($450,000), Akron Children's Hospital Foundation ($425,000), Shedd Aquarium ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKRON CHILDREN'S HOSPITAL FOUNDATION AKRON, OH | GENERAL | $425,000 |
| CAJUN RELIEF FOUNDATION LAFAYETTE, LA | GENERAL | $60,000 |
| ENCORE CHAMBER MUSIC INSTITUTE GATES MILLS, OH | GENERAL | $62,000 |
| GARY SINESE FOUNDATION WOODLAND HILLS, CA | GENERAL | $50,000 |
| HUMANE SOCIETY OF SUMMIT COUNTY TWINSBURG, OH | GENERAL | $450,000 |
| INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INDIANAPOLIS, IN | GENERAL | $127,000 |
| MARINE CORPS SCHOLARSHIP FOUNDATION ALEXANDRIA, VA | GENERAL | $10,000 |
| PROVIDENCE HOUSE CLEVELAND, OH | GENERAL | $100,000 |
| QUINCY QUEST FOUNDATION CHATTANOOGA, TN | GENERAL | $50,000 |
| SHEDD AQUARIUM CHICAGO, IL | GENERAL | $300,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- Louis E. Daugherty — Trustee
- Marci M. Matthews — Distribution Committee Member
- Parker T. Matthews — Distribution Committee Member
- Mason A. Matthews — Distribution Committee Member ($25,000 compensation)
- Michael E. Daugherty — Distribution Committee Member
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS E DAUGHERTY | TRUSTEE | 0.5 | $80,535 |
| MARCI M MATTHEWS | DISTRIBUTION COMMITTEE MEMBER | 0.5 | — |
| PARKER T MATTHEWS | DISTRIBUTION COMMITTEE MEMBER | 0.5 | — |
| MASON A MATTHEWS | DISTRIBUTION COMMITTEE MEMBER | 16 | $25,000 |
| MICHAEL E DAUGHERTY | DISTRIBUTION COMMITTEE MEMBER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Cynthia Parker Matthews Family Found?
The foundation is an invite-only grantmaker that does not accept unsolicited applications. **Grant Activity:** • Annual giving: approximately $1.8 million (2023) • Number of grants: 14 grants in 2023; 18 grants in 2022 • Grant range: $10,000 to $400,000 • Median grant size: $50,000 (2023); $43,000 (2022) **Recent Grants (2024):** • Humane Society of Summit County: $450,000 • Akron Children's Hospital Foundation: $425,000 • Shedd Aquarium: $300,000
Where does The Cynthia Parker Matthews Family Found make grants?
The foundation's grantmaking is concentrated in Ohio, with particular activity in the Cleveland area and surrounding regions.
What size grants does The Cynthia Parker Matthews Family Found award?
In 2024, The Cynthia Parker Matthews Family Found awarded 15 grants totaling $1.8M — an average of about $121K per grant, based on its IRS Form 990 filings.
What is The Cynthia Parker Matthews Family Found's EIN?
The Cynthia Parker Matthews Family Found's EIN (Employer Identification Number) is 45-6441049. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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