STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

EDWARD E AND MARIE L MATTHEWS FOUNDATION

Cite this

Plain text EDWARD E AND MARIE L MATTHEWS FOUNDATION. Strategy Studio, nonprofit organization profile, tax years 2012–2024. https://strategystudio.org/org/020656117. Retrieved 2026-10-18.

APA Strategy Studio. (n.d.). EDWARD E AND MARIE L MATTHEWS FOUNDATION [Nonprofit organization profile; tax years 2012–2024]. Retrieved October 18, 2026, from https://strategystudio.org/org/020656117

MLA “EDWARD E AND MARIE L MATTHEWS FOUNDATION.” Strategy Studio, tax years 2012–2024, https://strategystudio.org/org/020656117. Accessed 18 Oct. 2026.

Retrieved 2026-10-18; covers tax years 2012–2024. Data: Strategy Studio, CC BY 4.0.

2024 · Form 990PF · revenue $1.2M · expenses $1.3M · assets $13.1M

EIN
02-0656117
Address
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
NTEE code
-
Subsection
501(c)(3)
Ruling year
2003
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Douglas L Matthews Dir, Sec2012-2024 $20,000$135,000 1
Unpaid officers and directors · 4 people
NameLatest titleYearsOrganizations
Louise M Flickinger Dir2012-2024 1
Edward E Matthews Pres, Dir2012-2024 1
Gregory E Matthews Dir2012-2024 1
Russell E Matthews Dir2012-2024 1

People by year

2024 · 5 people listed · 1 paid, $20K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec10 $20,000-$0 $20,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2023 · 5 people listed · 1 paid, $20K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec10 $20,000-$0 $20,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2022 · 5 people listed · 1 paid, $20K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec10 $20,000-$0 $20,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2021 · 5 people listed · 1 paid, $15K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec10 $15,000-$0 $15,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2020 · 5 people listed · 1 paid, $25K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec10 $25,000-$0 $25,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2019 · 5 people listed · 1 paid, $15K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir, Sec5 $15,000-$0 $15,0001
Louise M Flickinger Dir1 $0-$0 $01
Edward E Matthews Pres, Dir1 $0-$0 $01
Gregory E Matthews Dir1 $0-$0 $01
Russell E Matthews Dir1 $0-$0 $01
2012 · 5 people listed · 1 paid, $20K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Douglas L Matthews Dir / Sec5 $20,000-- $20,0001
Louise M Flickinger Dir1 $0-- $01
Edward E Matthews Pres / Dir1 $0-- $01
Gregory E Matthews Dir1 $0-- $01
Russell E Matthews Dir1 $0-- $01

Highest-paid independent contractors

2024 · 2 contractors · $165K
NameLocationServicePaid
Morgan StanleyMIAMI, FLInvestment Mgmt$105,053
Foundation SourceFairfield, CTAdministrative$59,947
2023 · 2 contractors · $112K
NameLocationServicePaid
Morgan StanleyMIAMI, FLInvestment MGMT$56,348
Foundation SourceFairfield, CTAdministrative$55,622
2022 · 2 contractors · $143K
NameLocationServicePaid
First Republic Wealth AdvisorsLOS ANGELES, CAInvestment MGMT$90,319
Foundation SourceFairfield, CTAdministrative$53,174
2021 · 2 contractors · $144K
NameLocationServicePaid
First Republic Wealth AdvisorsLOS ANGELES, CAInvestment Mgmt$89,627
Foundation SourceFairfield, CTAdministrative$54,241
2020 · 1 contractor · $65K
NameLocationServicePaid
Foundation SourceFairfield, CTAdministrative$64,641
2019 · 1 contractor · $87K
NameLocationServicePaid
STEVEN LEVINELOS ANGELES, CAINVESTMENT MGT$87,225

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 56 grants to organizations · $891K
2023 · 48 grants to organizations · $837K
2022 · 46 grants to organizations · $774K
2021 · 42 grants to organizations · $765K
2020 · 52 grants to organizations · $800K
2019 · 55 grants to organizations · $800K
2012 · 52 grants to organizations · $762K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

No contributors are listed on Schedule B in the e-filed returns we have for this organization.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$1,194,959$1,341,776 $13,135,496$13,135,496 $0- $20,000--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$2,388,568$1,227,679 $13,282,313$13,282,313 $0- $20,000--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$1,438,227$1,073,880 $12,121,424$12,121,424 $0- $20,000--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$1,584,170$1,024,845 $11,757,077$11,757,077 $0- $15,000--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$1,825,939$1,006,348 $11,187,752$11,187,752 $0- $25,000--
2019 · Form 990PF period ending 2019-12-31 · view filing · original 990 ↗
$879,993$969,611 $10,368,161$10,368,161 $0- $15,000--
2012 · Form 990PF period ending 2012-12-31 · view filing · original 990 ↗
$593,074$948,711 $9,708,223$9,708,223 -- $20,000--

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
EDWARD AND MARY LORD FOUNDATIONCTT19 $1,357,874$1,248,298 TRUSTEE$48,000 Similar name, revenue within 2x
ED AND JEAN MATHEWS FOUNDATIONTXT20 $847,875$613,287 MANAGER$56,800 Similar name, revenue within 2x
EDWARD AND MARJORIE GOLDBERGER FOUNDATIONNJNot reported $605,311$255,635 Chairman/VP$0 Similar name, revenue within 2x
JULIE AND MIKE MATTHEWS FOUNDATIONCAT20 $3,756,094$489,076 President$0 Similar name, revenue within 5x
EDWARD L AND MARY B WILLIAMS FOUNDATIONVAT21 $594,967$362,290 Foundation Mngr$0 Similar name, revenue within 5x
THE EDWARD AND BETTY MARCUS FOUNDATIONTXNot reported $258,681$458,564 Chairman$0 Similar name, revenue within 5x
EDWARD G LEWIS AND MARIE E LEWIS CHARITABLE FOUNDATIONCAT20 $164,754$164,253 President$0 Similar name, revenue within 10x
EDWARD H ANDREWS FOUNDATIONTXT20 $169,119$2,823,360 PRESIDENT$0 Similar name, revenue within 10x
EDWARD AND SHIRLEY MARX FOUNDATIONILT20 $125,298$87,158 PRESIDENT & DIRECTOR$0 Similar name, revenue within 10x
MARJORIE AND EDWARD ILLIG FAMILY FOUNDATIONTNT20 $121,827$128,162 PRESIDENT$0 Similar name, revenue within 10x
CHIANG AND MATTHEWS FOUNDATIONCAT30 $13$800 CEO$0 Similar name, revenue differs more than 10x
EDWARD AND THEA LAWTON FOUNDATIONMONot reported $57,838$80,163 TRUSTEE$0 Similar name, revenue differs more than 10x
EDWARD A AND MARY W HOWES FOUNDATIONSCNot reported $8,218$4,229 MEMBER$0 Similar name, revenue differs more than 10x
MARLENE AND EDWARD LANDAU FOUNDATION INCFLNot reported $2,284$5,178 PRESIDENT$0 Similar name, revenue differs more than 10x
WILLIAM L EDWARDS AND MARY ANN EDWARDS FOUNDATIONFLT21 $31,455$53,418 Director$0 Similar name, revenue differs more than 10x
BOBBY AND MARY EDWARDS FOUNDATIONNCT20 $0$0 trustee$0 Similar name

Who funds organizations like this

Not reported: none of these organizations has foundation or DAF-sponsor grants in the filings we have.

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $1,341,776 spent · pay $20,000 · grants $891,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $891,000 66.4%
Taxes $196,149 14.6%
Other expenses $128,249 9.6%
Fees: other professional $105,053 7.8%
Pay: officers, directors, trustees $20,000 1.5%
Interest $1,325 0.1%
Total$1,341,776100%

View the filing

2023 · Form 990PF · $1,227,679 spent · pay $20,000 · grants $837,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $837,000 68.2%
Other expenses $171,305 14.0%
Taxes $111,749 9.1%
Fees: other professional $87,625 7.1%
Pay: officers, directors, trustees $20,000 1.6%
Total$1,227,679100%

View the filing

2022 · Form 990PF · $1,073,880 spent · pay $20,000 · grants $774,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $774,000 72.1%
Other expenses $157,061 14.6%
Fees: other professional $90,319 8.4%
Taxes $32,500 3.0%
Pay: officers, directors, trustees $20,000 1.9%
Total$1,073,880100%

View the filing

2021 · Form 990PF · $1,024,845 spent · pay $15,000 · grants $765,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $765,000 74.6%
Taxes $91,200 8.9%
Fees: other professional $89,627 8.7%
Other expenses $64,018 6.2%
Pay: officers, directors, trustees $15,000 1.5%
Total$1,024,845100%

View the filing

2020 · Form 990PF · $1,006,348 spent · pay $25,000 · grants $800,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $800,000 79.5%
Other expenses $74,348 7.4%
Fees: other professional $71,300 7.1%
Taxes $35,700 3.5%
Pay: officers, directors, trustees $25,000 2.5%
Total$1,006,348100%

View the filing

2019 · Form 990PF · $969,611 spent · pay $15,000 · grants $800,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $800,000 82.5%
Fees: other professional $87,225 9.0%
Other expenses $50,078 5.2%
Taxes $17,308 1.8%
Pay: officers, directors, trustees $15,000 1.5%
Total$969,611100%

View the filing

2012 · Form 990PF · $948,711 spent · pay $20,000 · grants $762,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $762,000 80.3%
Fees: other professional $97,774 10.3%
Other expenses $58,630 6.2%
Pay: officers, directors, trustees $20,000 2.1%
Taxes $10,307 1.1%
Total$948,711100%

View the filing