The William J Matheson Foundation Inc
The William J Matheson Foundation Inc is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 5 grants totaling $315K. Net investment income was $200K.
Key facts about The William J Matheson Foundation Inc
In short: The William J Matheson Foundation Inc gave $315K across 5 grants in 2025 (avg $63K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 13-6105414
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $315,000
- Grants made (2025)
- 5
- Average grant
- $63,000
- Median grant
- $50,000
- Total assets
- $1,463,492
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.5M
-9.9% YoY
Annual Giving
$315K
+37.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$63K
+64.3% YoY
Under IRS private-foundation payout rules, The William J Matheson Foundation Inc reported a distributable amount of $116K for 2025 — the minimum it must pay out in qualifying distributions.
How The William J Matheson Foundation Inc gives
- Giving grew 40% from 2022 to 2025. Method
- In 2025 it paid out 310% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $65K (2023) to $315K (2025). In 2025 it made 5 grants totaling $315K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was Columbia University ($315K across 5 grants).
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 8 grants of 21 (38%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Columbia University New York, NY | Neurological Surgery Research Research Gift Fund | $100,000 |
| Columbia University New York, NY | Parkinson and Related Movement Disorder Research Fund | $100,000 |
| Columbia University New York, NY | Enabled Technology Total Knee Arthroplasty Fund | $50,000 |
| Columbia University New York, NY | Brain Tumor Center Research Fund | $50,000 |
| Columbia University New York, NY | Crown Awards Gala 2024 | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,463,492 | $1,623,903 | $1,762,835 |
| Revenue | $213,369 | $118,838 | $93,166 |
| Expenses | $373,780 | $257,770 | $107,910 |
| Qualifying Distributions | $359,400 | $251,520 | $97,182 |
| Net Investment Income | $199,989 | $112,588 | $82,438 |
| Distributable Amount | $116,122 | $108,425 | $75,204 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
Leadership & Key People
Officers and directors from IRS filings
The William J Matheson Foundation Inc is led by Robert Solomon, President on every filing since 2019; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Solomon
President
On filings since 2019
4 hrs/week
No compensation reported
Andrew Lassman
Director
On filings since 2020
1 hr/week
No compensation reported
Anne Moore
Director
On filings since 2020
1 hr/week
No compensation reported
Patricia L. Francy
Director
On filings since 2020
1 hr/week
No compensation reported
Roshan P. Shah
Director
On filings since 2020
1 hr/week
No compensation reported
Anil Rustgi
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jeffrey Priest
Director
New on the 2025 filing
1 hr/week
No compensation reported
Peter Krulewitch
Vice President & Treasurer
On filings since 2019
4 hrs/week
No compensation reported
Former officers (1)
- Former: Thomas Q. Morris (2020–2024) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The William J Matheson Foundation Inc
How much does The William J Matheson Foundation Inc give each year?
The William J Matheson Foundation Inc gave $315K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $230K across 6 grants.
What is The William J Matheson Foundation Inc's typical grant size?
The William J Matheson Foundation Inc's median grant in 2025 was $50,000, and its average grant was $63,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does The William J Matheson Foundation Inc give grants?
The William J Matheson Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (5 grants).
Does The William J Matheson Foundation Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The William J Matheson Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is The William J Matheson Foundation Inc?
The William J Matheson Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $359K in qualifying distributions that year, against a required minimum of $116K (roughly 5% of its investment assets).
What is The William J Matheson Foundation Inc?
The William J Matheson Foundation Inc is a private foundation focused on Education, based in New York, NY. It holds $1.5M in total assets as of 2025.
What is The William J Matheson Foundation Inc's EIN?
The William J Matheson Foundation Inc's EIN (Employer Identification Number) is 13-6105414. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The William J Matheson Foundation Inc by hand.
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