The Edward E & Marie L Matthews Foundation
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.
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
236 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| A ROSE IN HASTE INC ALEXANDRIA, VA | General & Unrestricted | $500 |
| ABILIS INC GREENWICH, CT | General & Unrestricted | $7,000 |
| ACTORS TRAINING CENTER INC WILMETTE, IL | General & Unrestricted | $2,000 |
| AMERICAN CAMPING FOUNDATION INC MARTINSVILLE, IN | Wyonegonic Endowment Fund - GEM | $1,000 |
| AMERICAN INSTITUTE OF ARCHITECTURE STUDENTS INC WASHINGTON, DC | General & Unrestricted | $1,250 |
| AUSABLE CLUB PRESERVATION FOUNDATION KEENE VALLEY, NY | General & Unrestricted | $3,000 |
| BENJAMIN PRIVATE SCHOOL INC N PALM BEACH, FL | Blakeslee E. Erdmann Scholarship Fund | $1,000 |
| BERLIN AIRLIFT HISTORICAL FOUNDATION FARMINGDALE, NJ | General & Unrestricted | $20,000 |
| CALIFORNIA ALUMNI ASSOCIATION BERKELEY, CA | General & Unrestricted | $5,000 |
| CALIFORNIA ALUMNI ASSOCIATION BERKELEY, CA | MLM 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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Louise M Flickinger | Dir | 1 | — |
| Douglas L Matthews | Dir, Sec | 10 | $20,000 |
| Edward E Matthews | Pres, Dir | 1 | — |
| Gregory E Matthews | Dir | 1 | — |
| Russell E Matthews | Dir | 1 | — |
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.
Explore Open Grants
Browse active grant opportunities in The Edward E & Marie L Matthews Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.