Edward E. & Marie L. Matthews Foundation

OVERVIEW: The Edward E. & Marie L. Matthews Foundation primarily funds grantmaking related to health, human services, education, youth, and community causes.

IP TAKE: The foundation does not maintain a website, which restricts transparency about grantmaking strategies and guidelines. This funder often funds health-oriented philanthropic work.

PROFILE: Established in 2003, the Edward E. & Marie L. Matthews Foundation was founded by Wall Street veteran Edward Matthew and his late wife Marie, a teacher and photographer who was also active in civiic life. Edward worked at Morgan Stanley and AIG. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. Tax filings suggest that the Edward E. & Marie L. Matthews Foundation primarily funds grantmaking related to health, human services, education, youth, and community causes.

Grants for Health

The Edward E. & Marie L. Matthews Foundation’s tax filings suggest that healthcare is one of its top grantmaking priorities. Edward serves as chairman emeritus of Princeton HealthCare System and is also a trustee emeritus of the Robert Wood Johnson Foundation. The family have given millions to Princeton HealthCare System, and have given strong support to NorthShore University HealthSystem in Illinois as well.

Grants for Education

Rather than broad funding, the foundation’s education grantmaking supports schools with which the family has a person connection, suggesting that education funders beyond this scope will have less luck obtaining an education grant. Edward’s son Douglas chairs the board of trustees and is a parent of Gill St. Bernard’s School in New Jersey, which has received steady funds from the foundation of late.

Grants range from $500 to $200,000. In a recent year, the foundation gave away around $792,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses primarily on New Jersey, New York, Illinois, and California. Past local grantees include McCarter Theater Company, where Edward has sat on the board; Foundation for Morristown Medical Center; Trinity Counseling Services;

The foundation keeps a low profile and does not accept unsolicited applications.

PEOPLE:

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CONTACT:

The Edward E. & Marie L. Matthews Foundation
501 Silverside Rd., Ste. 123
Wilmington, DE 19809
(800) 839-1754