Matrix Foundation Inc
Matrix Foundation Inc is a private foundation based in Cranbury, New Jersey. Its 2025 grants supported charitable organizations, including religious, medical, cultural, housing, and community-service organizations.
Matrix Foundation Inc at a glance
In short: Matrix Foundation Inc gave $370K across 23 grants in 2025 (avg $16K), mostly in New Jersey. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $369,763
- -55.5% vs 2024
- Grants made (2025)
- 23
- -23.3% vs 2024
- Average grant
- $16,077
- -41.9% vs 2024
- Median grant
- $10,000
- Total assets
- $2,272,398
- +39.5% vs 2024
- New grantees (estimate)
- 9% first-time grantees (2 of 23, 2025; small sample)
- Primary geography
- New Jersey (77% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Matrix Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: Forsgate Drive Cn 4000, Cranbury, NJ 08512
Phone: (732) 521-2900
Website: https://matrix.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Matrix Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Chabad Lubavitch ($50K). Together the top 10 received $311K.
Grant Size Distribution
112 grants across all recorded years
The most common grant size was under $50K: 95 grants of 112 (85%).
Geographic Focus
Where this funder awards grants
In 2025, 77% of grant dollars went to recipients in New Jersey, 10% to Pennsylvania, 7% to Washington, DC, 5% to New York, and 1% to Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is Matrix Foundation Inc open to new grantees?
9%
first-time grantees, 2025
In 2025, 2 of 23 grantees (9%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $13K; repeat grants $16K. How we count
Medians: $13K first-time, $10K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving fell 79% from 2022 to 2025. Method
- In 2025 it paid out 455% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $294K (2023) to $1.7M (2022). In 2025 it made 23 grants totaling $370K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad Lubavitch New Brunswick, NJ | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| Hackensack Meridan Foundation Inc Edison, NJ | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| JCC of Greater Monmouth County Deal, NJ | Donation to Kick Off Central Drama | $50,000 |
| Princeton Medical Center Foundation Plainsboro, NJ | Cancer Center Campaign | $50,000 |
| Center for Creative Change Inc Washington, DC | Moment 50TH Campaign | $25,000 |
| Children's Hospital of Philadalephis Foundation Philadalephia, PA | Homeless Health Initiative | $25,000 |
| Homefront Lawrenceville, NJ | Donation Directed to Health & Wellness | $25,000 |
| Congregation Magen David of Ocean, NJ | Annual Campaign | $16,062 |
| Emergency Children's Help Organization Staten Island, NY | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| Friends of Shippensburg Community Parks Shippensburg, PA | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
Ready to take the next step with Matrix Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,272,398 | $1,018,910 | $375,555 | $369,763 | 23 | $372,026 | $59,830 | $81,822 |
| 2024 | $1,629,043 | $1,447,832 | $834,864 | $830,153 | 30 | $832,311 | $45,706 | $98,636 |
| 2023 | $1,016,075 | $132,725 | $297,577 | $293,601 | 19 | $295,604 | $30,752 | $53,674 |
| 2022 | $1,180,927 | $200,000 | $1,737,134 | $1,732,752 | 23 | $1,737,134 | — | $96,013 |
| 2021 | $2,718,061 | $2,671,233 | $464,949 | $460,702 | 17 | $464,949 | — | $79,535 |
| 2020 | $511,777 | $1,100,000 | $797,350 | $788,300 | 15 | — | — | $17,752 |
| 2019 | $209,127 | $1,428,356 | $1,301,840 | $1,297,800 | 20 | — | — | $7,184 |
Under IRS private-foundation payout rules, Matrix Foundation Inc reported a distributable amount of $82K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in several areas. For example, the Center for Creative Change describes its mission as encouraging and funding innovative education, research, arts, and programming for positive cultural change. HomeFront says it works to end homelessness in central New Jersey, ease its immediate effects, and help families become self-sufficient. Emergency Children’s Help Organization says it provides financial assistance to children facing medical or living emergencies, while Isles describes its mission as fostering self-reliant families and healthy, sustainable communities.
Grant purposes also included a cancer center campaign, a homeless health initiative, an annual campaign, and unrestricted support to further recipients’ exempt purposes.
Grantmaking
In 2025, the foundation made 23 grants totaling $369,763. Awards ranged from $501 to $50,000, with a median grant of $10,000. Its largest grants were $50,000 each to Chabad Lubavitch in New Brunswick, Hackensack Meridian Foundation in Edison, JCC of Greater Monmouth County in Deal, and Princeton Medical Center Foundation in Plainsboro.
Other notable 2025 grants included $25,000 to the Center for Creative Change for its “Moment 50th Campaign,” $25,000 to Children’s Hospital of Philadelphia Foundation for a homeless health initiative, and $25,000 to HomeFront directed to health and wellness. The foundation also awarded $16,062 to Congregation Magen David of for its annual campaign.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists four trustees: Donald M Epstein, Gerald W Hull Jr, Joseph S Taylor, and Robert J Twomey.
Matrix Foundation Inc's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Donald M. Epstein
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Gerald W. Hull Jr.
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Joseph S. Taylor
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Robert J. Twomey
Trustee
On filings since 2019
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Matrix Foundation Inc
How much does Matrix Foundation Inc give each year?
Matrix Foundation Inc gave $370K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $830K across 30 grants.
What is Matrix Foundation Inc's typical grant size?
Matrix Foundation Inc's median grant in 2025 was $10,000, and its average grant was $16,077, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Matrix Foundation Inc that year got $13K on average.
Where does Matrix Foundation Inc give grants?
Matrix Foundation Inc gives mostly in New Jersey: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (10%) and District of Columbia (7%). The most frequent recipient cities were New Brunswick, NJ (2 grants) and Ocean, NJ (2 grants).
Does Matrix Foundation Inc give general operating support?
Yes: 61% of Matrix Foundation Inc's 2025 grants with a stated purpose (14 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Matrix Foundation Inc's largest grantees?
Matrix Foundation Inc's largest 2025 grantees include Chabad Lubavitch ($50,000), Hackensack Meridan Foundation Inc ($50,000) and JCC of Greater Monmouth County ($50,000), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.
How large is Matrix Foundation Inc?
Matrix Foundation Inc reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $372K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).
What does Matrix Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in several areas. See mission & focus areas ↑
How do I apply for a grant from Matrix Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Matrix Foundation Inc's EIN?
Matrix Foundation Inc's EIN (Employer Identification Number) is 22-3231774. IRS Form 990 filing data is available on this page for 2019–2025.
Does Matrix Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 8, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Matrix Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/matrix-foundation-inc-morg_ae36f3b28d6d4a4981c61dd89370dfd4
BibTeX
@misc{grantable_223231774_2026,
author = {{Grantable}},
title = {{Matrix Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/matrix-foundation-inc-morg_ae36f3b28d6d4a4981c61dd89370dfd4},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Matrix Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Matrix Foundation Inc down — hundreds of funders to go?