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Capital Matrix Inc

Public charity · Grantmaker Boise, ID EIN: 82-0383661 Website

To further economic development by promoting and assisting the growth and development of business in Idaho, Montana, washington, Utah, and the Eastern counties of Oregon.

Key facts about Capital Matrix Inc

In short: Capital Matrix Inc gave $89K across 7 grants in 2025 (avg $13K), mostly in Idaho. Source: 2025 IRS Form 990.

EIN
82-0383661
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$88,659
Grants made (2025)
7
Average grant
$12,666
Median grant
$10,000
Total assets
$4,012,874
Primary geography
Idaho (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$4.0M

+3.5% YoY

Annual Giving

$89K

-40.9% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$13K

-24.0% YoY

About Capital Matrix Inc

Based on IRS filings

Capital Matrix Inc is a public charity focused on Community Improvement & Capacity Building, based in Boise, ID. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it awarded 7 grants totaling $89K. Net investment income was $95K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 7 itemized grants.

States

Cities

BoiseNampaBozemanCaldwellGarden CityIdaho FallsMeridianMissoula

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 0 grants2021 0 grants2022 4 grants2023 9 grants2024 7 grants2025

From 2023 to 2025, annual grant giving ranged from $75K (2023) to $150K (2024). In 2025 it made 7 grants totaling $89K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

College of Western Idaho: $22KCollege of Western Idaho$22KGiraffe Laugh Early Learning Center: $15KGiraffe Laugh Early LearningCenter$15KIdaho Manufacturing Alliance: $15KIdaho Manufacturing Alliance$15KJannus Inc: $10KJannus Inc$10KLearning Lab: $10KLearning Lab$10KRedi Foundation: $10KRedi Foundation$10KNeighborworks: $7KNeighborworks$7K

The largest 2025 recipient was College of Western Idaho ($22K). Together the top 7 received $89K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
College of Western Idaho Nampa, IDCNA Education/Train$21,659
Giraffe Laugh Early Learning Center Garden City, IDOperating Expenses$15,000
Idaho Manufacturing Alliance Nampa, IDExpand Membership$15,000
Jannus Inc Boise, IDLaunch Program$10,000
Learning Lab Boise, IDOperating Expenses$10,000
Redi Foundation Idaho Falls, IDR&D Database$10,000
Neighborworks Boise, IDHome Repair Program$7,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,012,874$3,875,440$3,601,169
Revenue$2,452,265$2,029,577$1,835,404
Expenses$2,149,549$1,833,048$1,546,491
Net Investment Income$95,142$104,707$45,210

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS January 29, 2025)
  3. Updated Form 990 for fiscal year 2025 (received by the IRS February 2, 2026)

Leadership & Key People

Officers and directors from IRS filings

Capital Matrix Inc is led by Ann Munroe, President on every filing since 2020; 2 of 18 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Ann Munroe

    President

    On filings since 2020

    40 hrs/week

    $164K (2020) → $255K (2025)

  • Cassie Fontaine

    Chairman

    Director → Chairman, 2025

    On filings since 2020

    No compensation reported

  • Clint Shiflet

    Director

    On filings since 2020

    No compensation reported

  • Cory Phelps

    Director

    Chairman → Past Chair, 2021

    Past Chair → Director, 2025

    On filings since 2020

    No compensation reported

  • John Stevens

    Director

    On filings since 2020

    No compensation reported

  • Kevin Smith

    Director

    On filings since 2020

    No compensation reported

  • Mark Munroe

    Director

    Director → Chairman, 2023

    Chairman → Director, 2025

    On filings since 2020

    No compensation reported

  • Ryan Jones

    Director

    On filings since 2021

    No compensation reported

  • Paris Dickerson

    Director

    On filings since 2022

    No compensation reported

  • Steven Jenkins

    Director

    On filings since 2022

    No compensation reported

  • Deneen May

    Director

    On filings since 2023

    No compensation reported

  • Greg Chavez

    Director

    On filings since 2023

    No compensation reported

  • John Cotner

    Director

    On filings since 2023

    No compensation reported

  • Bryan Furlong

    Director

    On filings since 2024

    No compensation reported

  • Dean Hahn

    Director

    On filings since 2024

    No compensation reported

  • Mike Trueba

    Director

    New on the 2025 filing

    No compensation reported

  • Paulette Hudson

    Vice President

    Secretary → Vice President, 2021

    On filings since 2020

    40 hrs/week

    $126K (2020) → $183K (2025)

  • Cheryl Guiddy

    Treasurer

    Director → Treasurer, 2024

    On filings since 2020

    No compensation reported

Former officers (9)
  • Former: Beth Ineck (2020–2024) — Director
  • Former: Justin Archuleta (2020–2024) — Director
  • Former: Kristin Bjorkman Dunn (2020–2024) — Director
  • Former: Laurie Reynoldson (2022–2024) — Director
  • Former: Karyn McKinney (2020–2023) — Director
  • Former: Shannon Stoeger (2020–2023) — Director
  • Former: Bill Dempsey (2020–2022) — Treasurer
  • Former: Brian Baughman (2020) — Director
  • Former: Charity Nelson (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Ann Munroe — President: $255KAnn MunroePresident$255KPaulette Hudson — Vice Preside: $183KPaulette HudsonVice Preside$183K

The highest reported compensation on the 2025 filing was $255K, to Ann Munroe (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Capital Matrix Inc

How much does Capital Matrix Inc give each year?

Capital Matrix Inc gave $89K across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $150K across 9 grants.

What is Capital Matrix Inc's typical grant size?

Capital Matrix Inc's median grant in 2025 was $10,000, and its average grant was $12,666, across 7 grants on its 2025 IRS Form 990.

Where does Capital Matrix Inc give grants?

Capital Matrix Inc gives mostly in Idaho: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Boise, ID (3 grants) and Nampa, ID (2 grants).

Does Capital Matrix Inc give general operating support?

Yes: 29% of Capital Matrix Inc's 2025 grants with a stated purpose (2 of 7) were for general or operating support, per its 2025 IRS Form 990.

Who are Capital Matrix Inc's largest grantees?

Capital Matrix Inc's largest 2025 grantees include College of Western Idaho ($21,659), Giraffe Laugh Early Learning Center ($15,000) and Idaho Manufacturing Alliance ($15,000), according to its 2025 IRS Form 990. Together they received 58% of its itemized 2025 grant dollars.

How large is Capital Matrix Inc?

Capital Matrix Inc reported $4.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.5M.

What is Capital Matrix Inc?

Capital Matrix Inc is a public charity focused on Community Improvement & Capacity Building, based in Boise, ID. It holds $4.0M in total assets as of 2025.

What is Capital Matrix Inc's EIN?

Capital Matrix Inc's EIN (Employer Identification Number) is 82-0383661. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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