Matrix Foundation

MENDOTA HEIGHTS, MN EIN: 41-1906360

Matrix Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MENDOTA HEIGHTS, MN. IRS filing data is available from 2019 through 2024. In 2024, it awarded 6 grants totaling $69K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$69K

+25.0% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$11K

+25.0% YoY

About Matrix Foundation

Based on IRS filings

Matrix Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MENDOTA HEIGHTS, MN. IRS filing data is available from 2019 through 2024. In 2024, it awarded 6 grants totaling $69K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

APPLE VALLEYBROOKLYN PARKIRVINGMINNEAPOLISROCHESTERST PAUL

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$69K$92K5 grants20196 grants20203 grants20215 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

MAYO CLINIC$30KACES$10KMINNESOTA ZOO FOUNDATION$10KHAMLINE UNIVERSITY$10KMISCELLANEOUS 2500$6KNORTHERN STAR SCOUTING$3K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayo Clinic ($30,000), Aces ($10,000), Minnesota Zoo Foundation ($10,000).

RecipientPurposeAmount
ACES MINNEAPOLIS, MNEDUCATION$10,000
MAYO CLINIC ROCHESTER, MNRESEARCH$30,000
MINNESOTA ZOO FOUNDATION APPLE VALLEY, MNEDUCATION$10,000
MISCELLANEOUS 2500 MINNEAPOLIS, MNMISCELLANEOUS$5,750
NORTHERN STAR SCOUTING ST PAUL, MNEDUCATION$3,000
HAMLINE UNIVERSITY ST PAUL, MNEDUCATION$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DALE E PETERSONPRESIDENT
JERI L PETERSONVP, SEC, TREAS
DANA PETERSONASST. VP
TRACY L PETERSONASST. VP

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Matrix Foundation?

Matrix Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MENDOTA HEIGHTS, MN. It holds — in total assets as of 2024.

Where does Matrix Foundation operate?

Matrix Foundation has awarded grants in Minnesota, Texas.

What size grants does Matrix Foundation award?

In 2024, Matrix Foundation awarded 6 grants totaling $69K — an average of about $11K per grant, based on its IRS Form 990 filings.

What is Matrix Foundation's EIN?

Matrix Foundation's EIN (Employer Identification Number) is 41-1906360. IRS Form 990 filing data is available on this page for 2019–2024.

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Browse active grant opportunities in Matrix Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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