The Edward E & Marie L Matthews Foundation

WILMINGTON, DE EIN: 02-0656117

The Edward E & Marie L Matthews Foundation is a private foundation located in Wilmington, Delaware, established in 2003. It operates as a 501(c)(3) organization with no employees and primarily distributes general and unrestricted grants to charitable organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.1M

-1.1% YoY

Annual Giving

$891K

+6.5% YoY

Grant Count

56

+16.7% YoY

Avg Grant Size

$16K

-8.8% YoY

Under IRS private-foundation payout rules, The Edward E & Marie L Matthews Foundation reported a distributable amount of $860K 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 primarily funds general and unrestricted grants. Based on recent grantmaking activity, the foundation supports a diverse range of organizations including educational institutions, performing arts organizations, and community service organizations.

Grantmaking

The foundation is an active grantmaker with significant annual distribution activity:

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

19states
+11 more states

Cities

AlexandriaAuroraBerkeleyBloomingtonBoca RatonBostonBoulderBrooksideCambridgeDallasDentonDenverDunedinEast HaddamEvanstonFarmingdaleGladstoneGreenvilleGreenwichHillside

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024

  • Total Assets: $13,135,496
  • Total Revenues: $1,194,959
  • Total Expenses: $1,341,776

As of Fiscal Year 2023

  • Total Assets: $13,282,313
  • Total Revenues: $2,388,568
  • Total Expenses: $1,227,679

The foundation's revenue is primarily derived from investment income and dividends rather than external contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$657K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$13,135,496$13,282,313$12,121,424
Revenue$1,194,959$2,388,568$1,438,227
Expenses$1,341,776$1,227,679$1,073,880
Qualifying Distributions$970,972$912,647$847,199
Net Investment Income$960,478$1,535,743$840,181
Distributable Amount$860,285$750,490$666,987

Giving Over Time

Total grant dollars and number of grants per year

$0$223K$446K$668K$891K52 grants202042 grants202146 grants202248 grants202356 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EVANSTON NORTHWESTERN HE…$125KMCCARTER THEATRE COMPANY$102KNORTH SHORE COUNTRY DAY …$80KGILL ST BERNARDS SCHOOL$50KPRINCETON SYMPHONY ORCHE…$50KCALIFORNIA ALUMNI ASSOCI…$40KPACIFIC BATTLESHIP CENTER$40KRUMSEY HALL SCHOOL INCOR…$35KPRINCETON FIRST AID AND …$30KBERLIN AIRLIFT HISTORICA…$20K

Grant Size Distribution

236 grants across all recorded years

204<$50K21$50–100K11$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Evanston Northwestern Healthcare ($125,000), Mccarter Theatre Company ($102,000), North Shore Country Day School ($80,000).

RecipientPurposeAmount
A ROSE IN HASTE INC ALEXANDRIA, VAGeneral & Unrestricted$500
ABILIS INC GREENWICH, CTGeneral & Unrestricted$7,000
ACTORS TRAINING CENTER INC WILMETTE, ILGeneral & Unrestricted$2,000
AMERICAN CAMPING FOUNDATION INC MARTINSVILLE, INWyonegonic Endowment Fund - GEM$1,000
AMERICAN INSTITUTE OF ARCHITECTURE STUDENTS INC WASHINGTON, DCGeneral & Unrestricted$1,250
AUSABLE CLUB PRESERVATION FOUNDATION KEENE VALLEY, NYGeneral & Unrestricted$3,000
BENJAMIN PRIVATE SCHOOL INC N PALM BEACH, FLBlakeslee E. Erdmann Scholarship Fund$1,000
BERLIN AIRLIFT HISTORICAL FOUNDATION FARMINGDALE, NJGeneral & Unrestricted$20,000
CALIFORNIA ALUMNI ASSOCIATION BERKELEY, CAGeneral & Unrestricted$5,000
CALIFORNIA ALUMNI ASSOCIATION BERKELEY, CAMLM Achievement Award Fund$40,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by the following individuals:

  • Edward E Matthews — President, Director
  • Douglas L Matthews — Director, Secretary
  • Gregory E Matthews — Director
  • Russell E Matthews — Director
  • Louise M Flickinger — Director

Compensation Overview

From 2024 IRS filing

Douglas L MatthewsDir, Sec$20K

From 2024 filing

NameTitleHoursCompensation
Louise M FlickingerDir1
Douglas L MatthewsDir, Sec10$20,000
Edward E MatthewsPres, Dir1
Gregory E MatthewsDir1
Russell E MatthewsDir1

Frequently Asked Questions

What does The Edward E & Marie L Matthews Foundation fund?

The foundation primarily funds general and unrestricted grants. Based on recent grantmaking activity, the foundation supports a diverse range of organizations including educational institutions, performing arts organizations, and community service organizations.

How do I apply for a grant from The Edward E & Marie L Matthews Foundation?

**Grant Activity & Amounts** The foundation is an active grantmaker with significant annual distribution activity: • **2024**: Made 55 grants totaling approximately $848,000 • **2023**: Made 36 grants totaling approximately $874,000 **Recent Grant Examples (2024)** • McCarter Theatre Company: $102,000 • North Shore Country Day School (NSCDS): $80,000 • Gill St Bernard's School: $50,000 **Recent Grant Examples (2023)** • McCarter Theatre Company: $101,000 • Princeton Symphony Orchestra (PSO): $1…

What size grants does The Edward E & Marie L Matthews Foundation award?

In 2024, The Edward E & Marie L Matthews Foundation awarded 56 grants totaling $891K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is The Edward E & Marie L Matthews Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Edward E & Marie L Matthews Foundation reported a distributable amount of $860K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Edward E & Marie L Matthews Foundation's EIN?

The Edward E & Marie L Matthews Foundation's EIN (Employer Identification Number) is 02-0656117. 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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