The Timken Matthews Family Foundation

Organization Overview

The Timken Matthews Family Foundation is located in Canton, OH. The organization was established in 1986. 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. Timken Matthews 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 09/2022, Timken Matthews Family Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $572.4k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Timken Matthews Family Foundation has awarded 110 individual grants totaling $2,565,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $498,601
Interest on Savings $0
Dividends & Interest $144,374
Net Rental Income$0
Net Gain on Sale of Assets $765,850
Capital Gain Net Income $765,850
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,408,825

Grants Awarded

Over the last fiscal year, The Timken Matthews Family Foundation has awarded $490,000 in support to 14 organizations.

Grant RecipientAmount

UNION OF CONCERNED SCIENTISTS

Org PageRecipient Profile

Cambridge, MA

PURPOSE: UNRESTRICTED GRANT 2021-2022

$50,000

CERES

PURPOSE: UNRESTRICTED GRANT 2021-2022

$50,000

MARTIN LUTHER KING COMMUNITY CENTER INC

Org PageRecipient Profile

Newport, RI

PURPOSE: UNRESTRICTED GRANT 2021-2022

$50,000

PLANNED PARENTHOOD FEDOF AMERICA INC

PURPOSE: UNRESTRICTED GRANT 2021-2022

$50,000

San Francisco, CA

PURPOSE: UNRESTRICTED GRANT 2021-2022

$50,000

SOMMERVILLE HOMELESS COALITION

Org PageRecipient Profile

Somerville, MA

PURPOSE: UNRESTRICTED GRANT 2021-2022

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Timken Matthews Family Foundation has recieved totaling $92,827.

Awarding OrganizationAmount
Gertrude Mead Ott Charitable Fund

Canton, OH

PURPOSE: GENERAL

$92,827
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
George Gund Foundation
Cleveland, OH
$120,923,136
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Lumina Foundation For Education Inc
Indianapolis, IN
$124,727,424
Pnc Foundation
Pittsburgh, PA
$3,451,991
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827

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