The Jack M Matthews Foundation
The Jack M Matthews Foundation is a private foundation focused on Environment & Animals, based in GALAX, VA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 10 grants totaling $159K. Net investment income was $86K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$159K
-32.7% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$16K
-32.7% YoY
Under IRS private-foundation payout rules, The Jack M Matthews Foundation reported a distributable amount of $373K for 2021 — the minimum it must pay out in qualifying distributions.
About The Jack M Matthews Foundation
Based on IRS filings
The Jack M Matthews Foundation is a private foundation focused on Environment & Animals, based in GALAX, VA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 10 grants totaling $159K. Net investment income was $86K.
Focus Areas
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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
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $6,360,332 |
| Revenue | $130,805 | $214,395 |
| Expenses | $196,882 | $269,869 |
| Qualifying Distributions | $171,713 | — |
| Net Investment Income | $86,431 | $235,351 |
| Distributable Amount | $372,913 | $371,971 |
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 2021
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Blue Ridge Discovery Center ($50,000), Virginia Department of Forestry ($50,000), Grayson Landcare ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE RIDGE DISCOVERY CENTER INDEPENDENCE, VA | SUPPORT FOR EDUCATIONAL PROGRAMS | $50,000 |
| NEW RIVER HILL FARM GALAX, VA | PURCHASE A TRACTOR | $12,800 |
| CARROLL COUNTY FOUNDATION HILLSVILLE, VA | COLLEGE SCHOLARSHIP | $3,000 |
| GALAX FOUNDATION FOR EXCELLENCE I GALAX, VA | COLLEGE SCHOLARSHIP | $3,000 |
| GRAYSON COUNTY SCHOLARSHIP INDEPENDENCE, VA | COLLEGE SCHOLARSHIP | $3,000 |
| GRAYSON LANDCARE INDEPENDENCE, VA | SUPPORT FOR ORGANIZATION | $25,000 |
| VIRGINIA DEPARTMENT OF FORESTRY GALAX, VA | UPKEEP AT STATE PARK | $5,330 |
| VIRGINIA DEPARTMENT OF FORESTRY GALAX, VA | SUPPORT LIVING HISTORY FARM MUSEUM | $50,000 |
| VIRGINIA DEPARTEMENT OF FORESTRY GALAX, VA | SUPPORT FOR EDUCATIONAL PROGRAMS | $4,000 |
| GALAX CARROLL GRAYSON ANIMAL SHEL GALAX, VA | EXPANSION OF THE ANIMAL SHELTER | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN W BOLEN JR | TRUSTEE | — | — |
| JAMES M BAXLEY | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Jack M Matthews Foundation?
The Jack M Matthews Foundation is a private foundation focused on Environment & Animals, based in GALAX, VA. It holds — in total assets as of 2021.
Where does The Jack M Matthews Foundation operate?
The Jack M Matthews Foundation has awarded grants in Virginia.
What size grants does The Jack M Matthews Foundation award?
In 2021, The Jack M Matthews Foundation awarded 10 grants totaling $159K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Jack M Matthews Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Jack M Matthews Foundation reported a distributable amount of $373K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jack M Matthews Foundation's EIN?
The Jack M Matthews Foundation's EIN (Employer Identification Number) is 20-0189021. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.