Private foundation · Carthage, TX

The Charles C Matthews Foundation

View org profile →Find similar funders →Invitation only
Typical grant size
$4K – $7K – $30K
25th · median · 75th percentile
Unique recipients
18
Repeat grantees
12
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Richard Ballenger
TRUSTEE
$65K
Robert M Underwood
TRUSTEE
$65K
Jimmy D Payne
TRUSTEE
$65K
David Bush
TRUSTEE
$65K
Vermoyn D Reeder
TRUSTEE
$65K
John W Conway
TRUSTEE
$12K

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
5.2%
grants paid ÷ assets · ~5% IRS minimum
'17
'18
'19
'20
'21
'22
'23
'24
272
Total grants awarded
$7.9M
Total amount
$29K
Average grant
$455K
Largest grant

Giving by year

2024
$711K
18 grants
2023
$722K
20 grants
2022
$789K
22 grants
2021
$655K
22 grants
2020
$538K
16 grants
2019
$621K
28 grants
2018
$635K
27 grants
2017
$686K
23 grants
2016
$728K
26 grants
2015
$722K
26 grants
2014
$760K
20 grants
2013
$362K
24 grants

Top recipients

41 grants · TX · ≈ likely match
$3.9M
Carthage Isd Foundation
13 grants · TX
$1.3M
Beckville Isd Foundation
13 grants · TX
$505K
7 grants · TX · ≈ likely match
$356K
Gary Independent School District
14 grants · TX
$303K
12 grants · TX · ≈ likely match
$224K
5 grants · TX · ✓ Exact match
$152K
St Jude's Children Research Center
12 grants · TN
$147K
Panola Cnty Hist & Genelogical Scty
12 grants · TX
$118K
Still Water Cowboy Church
8 grants · TX
$106K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Panola College
ENERGY BUILDING
TX · TY 2024
$350K
Carthage Isd Foundation
SCHOLARSHIPS
TX · TY 2024
$100K
Beckville Isd Foundation
NEW SCOREBOARD & CLOCK
TX · TY 2024
$68K
Panola Cnty Hist & Genelogical Scty
DONATION
TX · TY 2024
$31K
Beckville Isd Foundation
DONATION
TX · TY 2024
$30K
Panola College
ENDOWMENT
TX · TY 2024
$26K
Panola College
IRON WORKS
TX · TY 2024
$22K
Baylor University
SCHLORSHIPS
TX · TY 2024
$20K
Gary Independent School District
SCHOLARSHIPS
TX · TY 2024
$20K
Clayton Volunteer Fire Dept
BRUSH TRUCK GIFT
TX · TY 2024
$11K
Panola Co Cancer Coalition
DONATION
TX · TY 2024
$10K
Panola County Shrine Club
DONATION
TX · TY 2024
$5K
St Jude's Children Research Center
DONATION
TN · TY 2024
$5K
First United Methodist Church
DONATION - BUILDING FUND
TX · TY 2024
$5K
Panola Co Cattlemen's Assoc
SCHOLARSHIPS
TX · TY 2024
$4K
Carthage Isd Athletic Dept
DONATION
TX · TY 2024
$4K
Panola College
SCHOLARSHIPS
TX · TY 2024
$1K
American Jr Golf Assn
ACE GRANT
GA · TY 2024
$250
Panola College
ENERGY BUILDING
TX · TY 2023
$300K
Panola College
ENDOWMENT
TX · TY 2023
$121K
Carthage Isd Foundation
SCHOLARSHIPS
TX · TY 2023
$100K
City of Carthage
FIRE TRAINING FACILITY
TX · TY 2023
$50K
Still Waters Cowboy Church
CHILDREN'S EXPANSION PROJ BLDG
TX · TY 2023
$35K
Beckville Isd Foundation
DONATION
TX · TY 2023
$30K
Panola Co Cancer Coalition
DONATION
TX · TY 2023
$15K
Gary Independent School District
SCHOLARSHIPS
TX · TY 2023
$15K
Panola College
SCHOLARSHIPS
TX · TY 2023
$12K
St Jude's Children Research Center
DONATION
TN · TY 2023
$8K
First United Methodist Church
DONATION - BUILDING FUND
TX · TY 2023
$5K
Panola Soil & Water Conserv Dist
DONATION
TX · TY 2023
$5K
Panola County Shrine Club
DONATION
TX · TY 2023
$5K
Shriner's Hospital for Children
DONATION
FL · TY 2023
$5K
Panola Cnty Hist & Genelogical Scty
DONATION
TX · TY 2023
$5K
Panola Co Cattlemen's Assoc
SCHOLARSHIPS
TX · TY 2023
$4K
Carthage Isd Athletic Dept
DONATION
TX · TY 2023
$4K
City of Carthage
FIRE DEPT TANK CAR SAFETY CLASSES
TX · TY 2023
$3K
Panola Co Veterans Relief Fund
DONATION
TX · TY 2023
$1K
Panola Co Baseball Association
DONATION
TX · TY 2023
$250
Panola College
SCHOLARSHIPS
TX · TY 2022
$205K
Panola College
ENERGY BUILDING
TX · TY 2022
$200K
Carthage Isd Foundation
SCHOLARSHIPS
TX · TY 2022
$100K
Gary Independent School District
PLAYGROUND
TX · TY 2022
$66K
Panola College
PORTABLE BASIC ELEC TRAINERS
TX · TY 2022
$43K
Beckville Isd Foundation
DONATION
TX · TY 2022
$30K
Carthage Isd Athletic Dept
DONATION
TX · TY 2022
$29K
Panola Co Cancer Coalition
DONATION
TX · TY 2022
$20K
Panola College
AUDITORIUM HOUSE LIGHTS
TX · TY 2022
$20K
Gary Independent School District
SCHOLARSHIPS
TX · TY 2022
$15K
St Jude's Children Research Center
DONATION
TN · TY 2022
$10K
Panola College
HVAC TOOL KIT, BOOK
TX · TY 2022
$10K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.