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Matt & Ann Desch Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $2.6M. Annual income is reported at $45K. Total assets have grown from $430K in 2021 to $2.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Matt & Ann Desch Foundation has made 1 grants totaling $30K, with a median grant of $30K. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Matt & Ann Desch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in MD.
Matt & Ann Desch Foundation has distributed a total of $30K across 1 grants. The median grant size is $30K, with an average of $30K. Individual grants have ranged from $30K to $30K.
Matt & Ann Desch Foundation typically selects its grantees rather than accepting unsolicited proposals.
Matt & Ann Desch Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew J Desch | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
| Ann M Murphy | Dir | $0 | $0 | N/A |
Total Giving
$52K
Total Assets
$2.8M
Fair Market Value
$2.4M
Net Worth
$2.8M
Grants Paid
$30K
Contributions
$397K
Net Investment Income
$433K
Distribution Amount
$135K
Total Grants
1
Total Giving
$30K
Average Grant
$30K
Median Grant
$30K
Unique Recipients
1
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aopa FoundationGeneral & Unrestricted | Frederick, MD | $30K | 2023 |