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Filing year 2024

MATRIX FOUNDATION

Mendota Heights, Minnesota·EIN 41-1906360·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$119k
Total assets
$1.6M
Total expenses
$88k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. MATRIX FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Vp, Sec, Treas
Asst. VP
Asst. VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$69k

Itemized grants

6

Median grant

$10k

RecipientLocationPurposeAmount
MAYO CLINICROCHESTER, MNRESEARCH$30k
ACESMINNEAPOLIS, MNEDUCATION$10k
MINNESOTA ZOO FOUNDATIONAPPLE VALLEY, MNEDUCATION$10k
HAMLINE UNIVERSITYST PAUL, MNEDUCATION$10k
MISCELLANEOUS 2500MINNEAPOLIS, MNMISCELLANEOUS$6k
NORTHERN STAR SCOUTINGST PAUL, MNEDUCATION$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MATRIX FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$87k
$72k
2023
$119k
$88k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

MATRIX FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about MATRIX FOUNDATION

What are MATRIX FOUNDATION's revenue and expenses?

In 2024, MATRIX FOUNDATION reported $119k in total revenue and $88k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.