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Massachusetts · Nonprofit

THE MATCH FOUNDATION INC

THE MATCH FOUNDATION INC (Massachusetts) receives grants from 30 organizations whose IRS filings report $11,330,020 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,821,820). 16 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.9M
Funders on record
30
Grants received
$11M
Net assets
$23M
16/30 repeat funderspeak grant-dependency 71%
01What it does

What The Match Foundation Inc does

Mission

The corporation is organized exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code to provide financial support and services to match charter public school, a massachusetts charter school.

As stated on its FY2025 Form 990.

Program

  1. Provides support for match charter public school including facilities debt service and tutor housing.

    $2,491,803 spentof which $875,403 as grants$2,242,110 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,491,803.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($6.4M) Expenses 100 ($7.2M) Net assets 100 ($25M)2019 Revenue 35 ($2.3M) Expenses 54 ($3.9M) Net assets 93 ($23M)2020 Revenue 37 ($2.4M) Expenses 51 ($3.6M) Net assets 88 ($22M)2021 Revenue 43 ($2.8M) Expenses 55 ($3.9M) Net assets 83 ($21M)2022 Revenue 32 ($2.1M) Expenses 26 ($1.9M) Net assets 84 ($21M)2023 Revenue 34 ($2.2M) Expenses 28 ($2.0M) Net assets 88 ($22M)2024 Revenue 47 ($3.1M) Expenses 39 ($2.8M) Net assets 91 ($23M)2025 Revenue 45 ($2.9M) Expenses 39 ($2.8M) Net assets 91 ($23M)
'18'19'20'21'22'23'24'25
Revenue (45)Expenses (39)Net assets (91)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $41M to $67M (+61%).

$49M
$46M
$43M
$41M
$41M
$41M
$67M
$66M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 23% · 2023 29% · 2024 16%. Grants only. Government contracts and fees sit inside program revenue.

12% of THE MATCH FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$725k
’18
−$1.6M
’19
−$1.2M
’20
−$1.2M
’21
$224k
’22
$156k
’23
$264k
’24
$132k
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Nnenna Ude

President and CEO (until 6/25)

Board chair

John Calhoun

Chair, treasurer and director

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed106896755
Joined·+0+2+2+0+1+0+0
No longer listed·4013020
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 14 funders to 5 funders, grant income fell $2.9M → $677k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
New Profit Incunclassified
$1.1M
Boston Schools Fundunclassified
$86k
Bostongives Incunclassified
$20k
Edvestors Incunclassified
$10k
funders
14
12
11
9
9
7
5
2
2

7 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE MATCH FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MATCH FOUNDATION INC leans on a few funders — its largest provides 34% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE MATCH FOUNDATION INC.

34%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 37% · 2018 50% · 2019 42% · 2020 30% · 2021 69% · 2022 75% · 2023 77% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

21% of THE MATCH FOUNDATION INC's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of THE MATCH FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $5.1M that is directly attributable, 99% of it comes from Massachusetts funders.

IL
NY
MA
UT
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $6.2M arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE MATCH FOUNDATION INC holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin5% · above the median
Months of reserve14.4mo · top quartile
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding THE MATCH FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.1M on record.

Federal$1.1M
grants $1.1Mcontracts $0
18
19
20
Top agencies
  • Corporation for National and Community Service$1.1M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE MATCH FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

The Charles Sposato Graduate School of Education Inc84%The Learning First Foundation Inc80%University of Massachusetts Foundation Inc80%Massachusetts Charter Public School Association Inc79%Catholic Memorial School Foundation Inc79%Map Education Inc79%The Summit Montessori School Inc79%The Schott Foundation for Public Education79%

Nationally

The Charles Sposato Graduate School of Education Inc84%Mission View Public Charter Inc81%The Learning First Foundation Inc80%University of Massachusetts Foundation Inc80%Uncommon Schools Inc79%Mason Preparatory School Foundation Inc79%Manhattan Charter Schools79%Massachusetts Charter Public School Association Inc79%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 3%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

36%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for THE MATCH FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MATCH FOUNDATION INC?
THE MATCH FOUNDATION INC (Massachusetts) receives grants from 30 organizations whose IRS filings report $11,330,020 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,821,820). 16 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE MATCH FOUNDATION INC have?
IRS filings report 30 organizations giving $11,330,020 in grants to THE MATCH FOUNDATION INC, 16 of which have funded it in more than one year.
Who is the largest funder of THE MATCH FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,821,820 in grants. The full list of funders is on this page.
How can an organization like THE MATCH FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 30 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing