Matthew Isakowitz Fellowship Program
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our mission is to provide impactful career training and inspiration to young men and women in the field of commercial spaceflight.
- Income
- $73,816
- Spending
- $81,097
- Reserves
- 11.9 months of spending
- Largest source of income
- donations and private grants, 95%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 52% of charities in its peer group (human services, under $250k).
Reserves
28 of 35Spendable reserves would cover 11.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $69,872 spent. Our accomplishments for 2024 include: The Matthew Isakowitz Fellowship Program is a 501(c)(3) nonprofit organization honoring the memory of an engineer, entrepreneur, and extraordinary individual whose passion for commercial space exploration led to great strides in the industry and inspired all those around him. The program seeks to instill that same enthusiasm into the next generation of commercial spaceflight leaders by providing impactful career training to those who embody Matthews drive for exploring our universe to help better humankind. The 2024 Program received an incredibly enthusiastic response to its mission. More than 250 students from over 90 colleges applied for the 2024 Fellowship. After a rigorous selection process, the Program selected 31 extraordinary individuals. These 31 students stood out for their academic excellence, relevant experience, and most importantly, a demonstrated passion for innovation, entrepreneurship, and commercial space. In its seventh year, the 2024 Program paired these exceptional college juniors, seniors, and graduate students pursuing aerospace careers, for a paid three-month summer internship with one of 20 commercial space companies across the nation. They also received executive mentorship from 31 aerospace executives for a full year, and the opportunity to network with each other via an online summit over the summer, learn from industry innovators from commercial aerospace start-ups and alumni Fellows from the previous classes. The 2024 Program had such a positive impact on the 31 students as they continue to network with each other and their mentors, bringing back the knowledge they gained from the Fellowship to their current academic programs. Many reported starting up rocketry clubs on campus and attending space conferences; and all enthusiastically offered to mentor the next class of Fellows of the benefits of the 2024 Matthew Isakowitz Fellowship Program. Also, many have continued onto graduate school, or are now employed full-time pursuing their aerospace careers some of which, at the company they did their summer internship with through the Fellowship Program.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.