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Form 990-PFTax year 2025EIN 75-2741045

The Charles C Matthews Foundation

A private foundation in Carthage, TX. Its return for tax year 2025 lists 27 grants and $814,300 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $814,300

    Grants listed
    27
    Assets, end of year
    $13,729,792

  • Tax year 2024

    $710,994

    Grants listed
    18
    Assets, end of year
    $13,666,132

  • Tax year 2023

    $721,826

    Grants listed
    20
    Assets, end of year
    $13,473,748

  • Tax year 2022

    $789,432

    Grants listed
    22
    Assets, end of year
    $13,918,510

  • Tax year 2021

    $655,427

    Grants listed
    22
    Assets, end of year
    $14,426,298

  • Tax year 2020

    $538,267

    Grants listed
    16
    Assets, end of year
    $13,904,945

  • Tax year 2019

    $620,950

    Grants listed
    28
    Assets, end of year
    $13,552,706

  • Tax year 2018

    $635,164

    Grants listed
    27
    Assets, end of year
    $13,645,872

Grants paid in 2025

27 grants, largest first

As listed on the return.

  1. Panola CollegeCarthage, TX

    Endowment

    $300,000
  2. Panola CollegeCarthage, TX

    Energy building

    $150,000
  3. Carthage ISD FoundationCarthage, TX

    Scholarships

    $100,000
  4. Baylor UniversityWaco, TX

    Schlorships

    $60,000
  5. Beckville ISD FoundationBeckville, TX

    Donation

    $30,000
  6. Panola Co Cancer CoalitionCarthage, TX

    Donation

    $25,000
  7. Palm Beach Atlantic UniversityWest Palm BCH, FL

    Scholarship

    $21,550
  8. Gary Independent School DistrictGary, TX

    Scholarships

    $20,000
  9. St Jude's Children Research CenterMemphis, TN

    Donation

    $15,000
  10. Carthage ISD Athletic DeptCarthage, TX

    Donation

    $11,000
  11. Shriner's Children's HospitalTampa, FL

    Donation

    $10,000
  12. Panola Co Cattlemen's AssocCarthage, TX

    Scholarships

    $7,500
  13. Cisd Tsa Booster ClubCarthage, TX

    Donation - scholarship fundraiser

    $6,500
  14. Clayton Volunteer Fire DeptClayton, TX

    Donation

    $5,000
  15. First United Methodist ChurchCarthage, TX

    Donation - building fund

    $5,000
  16. Panola County Shrine ClubCarthage, TX

    Donation

    $5,000
  17. Community FDN of TX Hill CountryKerrville, TX

    Flood relief

    $5,000
  18. Carthage Fire DeptCarthage, TX

    Donation

    $5,000
  19. Beckville Fire DeptBeckville, TX

    Donation

    $5,000
  20. Inter-Community Fire DeptDeberry, TX

    Donation

    $5,000
  21. Community Four Fire DeptDeberry, TX

    Donation

    $5,000
  22. Flatwoods Fire DeptCarthage, TX

    Donation

    $5,000
  23. Woods Fire DeptTenaha, TX

    Donation

    $5,000
  24. Gary Fire DeptGary, TX

    Donation

    $5,000
  25. Beckville Youth Sports AssnBeckville, TX

    Donation - baseball complex

    $2,000
  26. Etx Hitman BaseballCarthage, TX

    Educational gift

    $500
  27. Panola Soil & Water ConservationTemple, TX

    Donation - local tim boone

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $81,550100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas24 grants $767,750
  2. Florida2 grants $31,550
  3. Tennessee1 grant $15,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Robert M UnderwoodTRUSTEE Hours 10Pay $67,500
  • Richard BallengerTRUSTEE Hours 7.5Pay $67,500
  • Jimmy D PayneTRUSTEE Hours 2.5Pay $65,000
  • David BushTRUSTEE Hours 7.5Pay $67,500
  • Vermoyn D ReederTRUSTEE Hours 2.5Pay $65,000

The return

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