William & Grace Mathews Charitable Foundation

TIMNATH, CO EIN: 74-2339562

William & Grace Mathews Charitable Foundation is a private foundation, based in TIMNATH, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $269K in total assets. In 2024, it awarded 3 grants totaling $60K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$269K

-15.6% YoY

Annual Giving

$60K

+33.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+33.3% YoY

Under IRS private-foundation payout rules, William & Grace Mathews Charitable Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About William & Grace Mathews Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $175K (70%)

Michigan $75K (30%)

States

Colorado Michigan

Cities

HillsdalePuebloWestminster

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$269,062	$318,740	$373,913
Revenue	$25,662	$5,764	$8,260
Expenses	$75,340	$60,937	$61,825
Qualifying Distributions	$60,000	$45,000	$45,000
Net Investment Income	—	—	—
Distributable Amount	$16,058	$16,810	$19,480

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hillsdale College ($20,000), Front Range Community College ($20,000), Pueblo Community College ($20,000).

Recipient	Purpose	Amount
HILLSDALE COLLEGE Hillsdale, MI	EDUCATIONAL SCHOLARSHIPS	$20,000
FRONT RANGE COMMUNITY COLLEGE Westminster, CO	EDUCATIONAL SCHOLARSHIPS	$20,000
PUEBLO COMMUNITY COLLEGE Pueblo, CO	EDUCATIONAL SCHOLARSHIPS	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD D CLARK	TRUSTEE	10	—
ROBERT NORRIS	TRUSTEE	2	—
BRIDGET MASTERS	TRUSTEE	2	—

Frequently Asked Questions

How large is William & Grace Mathews Charitable Foundation?

As of 2024, William & Grace Mathews Charitable Foundation holds $269K in total assets with $26K in annual revenue. It awarded 3 grants totaling $60K in 2024.

Where does William & Grace Mathews Charitable Foundation operate?

William & Grace Mathews Charitable Foundation has awarded grants in Colorado, Michigan.

What size grants does William & Grace Mathews Charitable Foundation award?

In 2024, William & Grace Mathews Charitable Foundation awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is William & Grace Mathews Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William & Grace Mathews Charitable Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William & Grace Mathews Charitable Foundation's EIN?

William & Grace Mathews Charitable Foundation's EIN (Employer Identification Number) is 74-2339562. IRS Form 990 filing data is available on this page for 2020–2024.