The Matz Family Foundation
- Assets
- $787.8k
- Revenue
- $122.8k
- Investments
- $785.7k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2004
- Data as of
- 12/2023
- EIN
- 73-1700495
Organization Overview
The Matz Family Foundation is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matz Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Matz Family Foundation generated $122.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $64.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Matz Family Foundation has awarded 63 individual grants totaling $283,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Matz President | 10 | $0 | |
Jane Matz Secretary Treasurer | 2 | $0 | |
Stuart Matz Executive VP | 10 | $12,000 | |
Timothy Matz President | 10 | $0 | |
Jane Matz Secretary Treasurer | 2 | $0 | |
Stuart Matz Executive VP | 10 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $66,113 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,297 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,383 |
| Capital Gain Net Income | $17,383 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,375 |
| Contributions, gifts, grants paid | $48,200 |
| Total expenses and disbursements | $64,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,120 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $787,783 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Matz Family Foundation has awarded $96,400 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH PURPOSE: SUPPORT CHURCH OPERATIONS | $22,000 |
UNIVERSITY OF VIRGINIA PURPOSE: SUPPORT ATHLETIC DEPARTMENT | $10,000 |
CITY WILDLIFE PURPOSE: SUPPORT ANIMAL RESCUE OPERATIONS | $4,000 |
TUDOR PLACE FOUNDATION PURPOSE: SUPPORT MUSEUM OPERATION | $6,000 |
ORDER OF SAINT JOHN PURPOSE: SUPPORT EYE HOSPITAL | $1,700 |
VIRGINIA THEOLOGICAL SEMINARY PURPOSE: SUPPORT SEMI NARY OPERATION | $1,000 |