The Mat Charitable Foundation Inc

WESTPORT, CT EIN: 13-6991067

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

-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.

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

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

New York $980K (81%)

Utah $131K (11%)

Pennsylvania $83K (7%)

Illinois $6K (0%)

Connecticut $5K (0%)

Maryland $3K (0%)

New Jersey $3K (0%)

Georgia $3K (0%)

+2 more states

States

California Connecticut Georgia Illinois Massachusetts Maryland New Jersey New York Pennsylvania Utah

Cities

BaltimoreBerkeleyBostonBridgehamptonBronxChicagoEast HamptonGreat BarringtonKennesawLakevilleLanhamLehigh ValleyNew YorkPark CityPhiladelphiaRhinebeckShort HillsYonkers

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.