Matrix Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Matrix Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 41-1906360
Foundation Overview
Based in Mendota Heights, MN, Matrix Foundation has awarded 35 grants totaling $389,400 to organizations in Minnesota and Texas. Individual grants range from $1,500 to $30,000, with a median award of $7,500.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 of 6 recipients (17%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.
Geographic Focus
94% of all grants are concentrated in Minnesota, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Minnesota, funding concentrates in Minneapolis (39%), Rochester (21%), Apple Valley (21%).
Funding Trajectory
Stable funding levels with 2% change over 5 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.
Program Areas
Diversified giving across multiple program areas with primary emphasis on education (57%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Matrix Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Aces | $6,750 | Minneapolis, MN, US | Education | 2023 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2023 |
| Minnesota Zoo Foundation | $10,000 | Apple Valley, MN, US | Education | 2023 |
| Miscellaneous 2500 | $2,250 | Minneapolis, MN, US | Miscellaneous | 2023 |
| Northern Star Scouting | $3,000 | St Paul, MN, US | Education | 2023 |
| Second Harvest Heartland | $3,000 | Brooklyn Park, MN, US | Food Bank Services | 2023 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2022 |
| Minnesota Zoo Foundation | $7,500 | Apple Valley, MN, US | Education | 2022 |
| Miscellaneous 2500 | $8,250 | Minneapolis, MN, US | Miscellaneous | 2022 |
| Aces | $10,750 | Minneapolis, MN, US | Education | 2022 |
| Northern Star Scouting | $3,000 | St Paul, MN, US | Education | 2022 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2022 |
| Minnesota Zoo Foundation | $7,500 | Apple Valley, MN, US | Education | 2022 |
| Miscellaneous 2500 | $8,250 | Minneapolis, MN, US | Miscellaneous | 2022 |
| Aces | $10,750 | Minneapolis, MN, US | Education | 2022 |
| Northern Star Scouting | $3,000 | St Paul, MN, US | Education | 2022 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2022 |
| Minnesota Zoo Foundation | $7,500 | Apple Valley, MN, US | Education | 2022 |
| Miscellaneous 2500 | $8,250 | Minneapolis, MN, US | Miscellaneous | 2022 |
| Aces | $10,750 | Minneapolis, MN, US | Education | 2022 |
| Northern Star Scouting | $3,000 | St Paul, MN, US | Education | 2022 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2021 |
| Minnesota Zoo Foundation | $7,500 | Apple Valley, MN, US | Education | 2021 |
| Miscellaneous 2500 | $1,500 | Minneapolis, MN, US | Miscellaneous | 2021 |
| Aces | $3,500 | Minneapolis, MN, US | Education | 2020 |
| Boy Scouts Of America | $2,500 | Irving, TX, US | Education | 2020 |
| Mayo Clinic | $30,000 | Rochester, MN, US | Research | 2020 |
| Minnesota Zoo Foundation | $5,500 | Apple Valley, MN, US | Education | 2020 |
| Miscellaneous 2500 | $9,350 | Minneapolis, MN, US | Miscellaneous | 2020 |
| Hamline University | $10,000 | St Paul, MN, US | Education | 2020 |
| Aces | $6,950 | Minneapolis, MN, US | Education | 2018 |
| Boy Scouts Of America | $7,500 | Irving, TX, US | Education | 2018 |
| Minnesota Zoo Foundation | $5,000 | Apple Valley, MN, US | Education | 2018 |
| Mayo Clinic | $25,000 | Rochester, MN, US | Research | 2018 |
| Miscellaneous 5000 | $11,600 | Minneapolis, MN, US | Miscellaneous | 2018 |
Foundations Similar to Matrix Foundation
Discover 5 foundations with comparable assets ($1,758,343-$1,775,553), similar grant patterns, and geographic focus in MN that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
The Jacobus Family Foundation
EIN: 20-8100592 | 38 grants awarded |
$1,775,553
(≈ Similar) |
$5,000
median grant |
Greenwood, MN
Same state |
|
|
Joseph C And Lillian A Duke Foundation
EIN: 41-6032057 | 118 grants awarded |
$1,771,440
(≈ Similar) |
$5,000
median grant |
Minneapolis, MN
Same state |
|
|
Autumn Rieks Foundation
EIN: 41-1832517 | 65 grants awarded |
$1,768,239
(≈ Similar) |
$10,000
median grant |
Lake Elmo, MN
Same state |
|
|
The Bob And Sally Clayburgh Family
EIN: 81-0816957 | 91 grants awarded |
$1,759,870
(≈ Similar) |
$7,000
median grant |
Edina, MN
Same state |
|
|
Robert F Hosch Foundation
EIN: 41-1957363 | 34 grants awarded |
$1,758,343
(≈ Similar) |
$10,000
median grant |
Afton, MN
Same state |
|
Related Foundation Resources in MN:
Contact Information
Official contact details for Matrix Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 41-1906360 |
| Website | N/A |
| Address | 1374 MEDORA RD Mendota Hts, MN 55118-2729 |
Key People (4)
Board members, trustees, and key staff who oversee Matrix Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Dale E Peterson |
|---|---|
| Vp, Sec, Treas | Jeri L Peterson |
| Asst. Vp | Dana Peterson |
| Asst. Vp | Tracy L Peterson |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Matrix Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.