The Mat Charitable Foundation Inc
The Mat Charitable Foundation Inc is a private foundation established in 1992 and designated as a 501(c)(3) tax-exempt organization since May 1994. The foundation is located in Westport, Connecticut, with administrative contact information at 14 Yankee Hill Road, Westport, CT 06880-6529.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-2.1% YoY
Annual Giving
$121K
-54.8% YoY
Grant Count
10
-37.5% YoY
Avg Grant Size
$12K
-27.7% YoY
Under IRS private-foundation payout rules, The Mat Charitable Foundation Inc reported a distributable amount of $144K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary giving focuses on:
- Fostering and developing interest in modern and contemporary art
- Children's education
Grantmaking
The foundation is open to applications.
Grant Range
s typically range from $1,000 to $50,000, with a median grant of $4,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving Rate:
- Total assets: $2.4 million (as of 2023-2024)
- Total liabilities: $0 (as of 2023)
- Annual giving rate: approximately 5.1% of assets
Recent Financial Summary:
- 2024: $121,000 in total giving
- 2023: $268,000 in total giving; $107,829 in revenue; $406,359 in expenses
- 2022: $297,000 in total giving
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,378,999 | $2,429,016 | $2,728,902 |
| Revenue | $209,798 | $107,829 | $74,482 |
| Expenses | $258,991 | $406,359 | $422,675 |
| Qualifying Distributions | $141,970 | $291,540 | $317,150 |
| Net Investment Income | $172,119 | $72,287 | $33,461 |
| Distributable Amount | $143,589 | $138,565 | $155,897 |
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
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ramapo for Children ($50,000), Us Ski and Snowboard Team Foundation ($30,000), Guild Hall of East Hampton ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL PARK CONSERVANCY NEW YORK, NY | TO SUPPORT PARK CONSERVATION | $5,000 |
| PREP FOR PREP NEW YORK, NY | TO SUPPORT EDUCATIONTO SUPPORT EDUCATION | $2,500 |
| HAMPTONS COMMUNITY OUTREACH BRIDGEHAMPTON, NY | TO SUPORT ACTION AGAINST HUNGER | $1,000 |
| CORNELL UNIVERSITY LEHIGH VALLEY, PA | TO SUPPORT EDUCATION | $250 |
| GUILD HALL OF EAST HAMPTON EAST HAMPTON, NY | TO SUPPORT THE CONTEMPORARY VISUAL ARTS | $25,000 |
| HENRY STREET SETTLEMENT-ART SHOW NEW YORK, NY | TO PROMOTE ARTS | $2,500 |
| RAMAPO FOR CHILDREN RHINEBECK, NY | TO SUPPORT CHILDREN'S EDUCATION | $50,000 |
| THE BREARLEY SCHOOL NEW YORK, NY | TO SUPPORT CHILDREN'S EDUCATION | $1,000 |
| THE NEW 42ND STREET INC NEW YORK, NY | TO PROMOTE THEATRE | $4,081 |
| US SKI AND SNOWBOARD TEAM FOUNDATION PARK CITY, UT | TO SUPPORT THE US SKI TEAM | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY WOLF | VP/TREASURER | 35 | $73,744 |
| JANE BAYARD | PRESIDENT | 1 | — |
Contact Information
Telephone: 212-644-6464
Frequently Asked Questions
What does The Mat Charitable Foundation Inc fund?
The foundation's primary giving focuses on: • Fostering and developing interest in modern and contemporary art • Children's education
How do I apply for a grant from The Mat Charitable Foundation Inc?
**Grant Activity & Patterns:** • Accepts applications • Recent annual giving ranges from $121,000 to $297,000 • Grant sizes typically range from $1,000 to $50,000, with a median grant of $4,000 • Recent grant distribution: 9 grants awarded in 2024, 15 grants in 2023, and 20 grants in 2022 **Application Process:** The foundation is open to applications.
What size grants does The Mat Charitable Foundation Inc award?
In 2024, The Mat Charitable Foundation Inc awarded 10 grants totaling $121K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Mat Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mat Charitable Foundation Inc reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mat Charitable Foundation Inc's EIN?
The Mat Charitable Foundation Inc's EIN (Employer Identification Number) is 13-6991067. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mat Charitable Foundation Inc'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.
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