Milton Matthews Foundation Inc is located in Landover, MD. The organization was established in 1997. 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. Milton Matthews Foundation Inc 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 12/2020, Milton Matthews Foundation Inc generated $155.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 57.0% each year . All expenses for the organization totaled $128.9k during the year ending 12/2020. While expenses have increased by 53.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Sandiford Manager | 20 | $5,200 | |
Johnnie Ryland Manager | 10 | $4,004 | |
Milton Matthews Chairman & CEO | 20 | $0 | |
Linda H Matthews President | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $155,341 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $155,341 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $37,897 |
Salaries, other compensation, and employee benefits | $23,819 |
Professional fees and other payments to independent contractors | $6,986 |
Occupancy, rent, utilities, and maintenance | $47,961 |
Printing, publications, postage, and shipping | $155 |
Other expenses | $12,075 |
Total expenses | $128,893 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,617 |
Other assets | $0 |
Total assets | $64,703 |
Total liabilities | $0 |
Net assets or fund balances | $64,703 |
Over the last fiscal year, we have identified 1 grants that Milton Matthews Foundation Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $5,000 |
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