The Cynthia Parker Matthews Family Found

CLEVELAND, OH EIN: 45-6441049

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

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

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

9states
+1 more states

Cities

AKRONALEXANDRIACASTALIACHATTANOOGACHICAGOCINCINNATICLEVELANDFORT MYERSGATES MILLSHUDSONINDIANAPOLISKENTLAFAYETTENEW ORLEANSPENINSULARAVENNATWINSBURGWASHINGTONWOODLAND HILLSYOUNGSTOWN

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$499K$997K$1M$2M14 grants202010 grants202118 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HUMANE SOCIETY OF SUMMIT…$450KAKRON CHILDREN'S HOSPITA…$425KSHEDD AQUARIUM$300KINTERNATIONAL VIOLIN COM…$127KPROVIDENCE HOUSE$100KLEUKEMIA & LYMPHOMA SOCI…$75KENCORE CHAMBER MUSIC INS…$62KCAJUN RELIEF FOUNDATION$60KRESOURCE$60KGARY SINESE FOUNDATION$50K

Grant Size Distribution

71 grants across all recorded years

28<$50K15$50–100K11$100–250K17$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
AKRON CHILDREN'S HOSPITAL FOUNDATION AKRON, OHGENERAL$425,000
CAJUN RELIEF FOUNDATION LAFAYETTE, LAGENERAL$60,000
ENCORE CHAMBER MUSIC INSTITUTE GATES MILLS, OHGENERAL$62,000
GARY SINESE FOUNDATION WOODLAND HILLS, CAGENERAL$50,000
HUMANE SOCIETY OF SUMMIT COUNTY TWINSBURG, OHGENERAL$450,000
INTERNATIONAL VIOLIN COMPETITION OF INDIANAPOLIS INDIANAPOLIS, INGENERAL$127,000
MARINE CORPS SCHOLARSHIP FOUNDATION ALEXANDRIA, VAGENERAL$10,000
PROVIDENCE HOUSE CLEVELAND, OHGENERAL$100,000
QUINCY QUEST FOUNDATION CHATTANOOGA, TNGENERAL$50,000
SHEDD AQUARIUM CHICAGO, ILGENERAL$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

LOUIS E DAUGHERTYTRUSTEE$81KMASON A MATTHEWSDISTRIBUTION COMMITTEE MEMBER$25K

From 2024 filing

NameTitleHoursCompensation
LOUIS E DAUGHERTYTRUSTEE0.5$80,535
MARCI M MATTHEWSDISTRIBUTION COMMITTEE MEMBER0.5
PARKER T MATTHEWSDISTRIBUTION COMMITTEE MEMBER0.5
MASON A MATTHEWSDISTRIBUTION COMMITTEE MEMBER16$25,000
MICHAEL E DAUGHERTYDISTRIBUTION COMMITTEE MEMBER0.5

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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