Private Foundation

MATRIX FOUNDATION

MATRIX FOUNDATION is a Private Foundation headquartered in MENDOTA HEIGHTS, MN. Financial data from the 2025 filing: $1.6M revenue, $272K expenses, $2.9M total assets. IRS filings disclose 44 grants awarded by this foundation, totaling roughly $681K.

EIN: 411906360 MENDOTA HEIGHTS, MN Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$1.6M
Total Expenses$272K
Total Assets$2.9M
Grants Given44
Grant Total$681K
Filing Years2021–2025

Sample Grants Given

UNIVERSITY OF MINNESOTA FOUNDATION
MINNEAPOLIS, MN · 2025
EDUCATION
$100,000
MINNESOTA ZOO FOUNDATION
APPLE VALLEY, MN · 2025
EDUCATION
$60,000
ACES
MINNEAPOLIS, MN · 2025
EDUCATION
$40,000
MAYO CLINIC
ROCHESTER, MN · 2025
RESEARCH
$30,000
AIM HIGHER FOUNDATION
ST PAUL, MN · 2025
EDUCATION
$10,000

Showing up to 5 of 44 total records — full history available with membership.

Officers & Directors

PRESIDENT Dale E Peterson
ASST. VP Dana Peterson
VP, SEC, TREAS Jeri L Peterson
ASST. VP Tracy L Peterson

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$388,975 26 grants
RESEARCH
$235,000 8 grants
MISCELLANEOUS
$51,575 8 grants
FOOD BANK SERVICES
$3,000 1 grant
HUMAN SERVICES
$2,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $272K $2.9M
2024 $119K $88K $1.6M
2023 $87K $72K $1.6M
2022 $65K $83K $1.5M
2021 $673K $52K $1.6M

Between 2021 and 2025, reported annual revenue grew from $673K to $1.6M (+135%), with total assets most recently reported at $2.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN, TX.

MNTX

Full geographic grant map with state-by-state breakdown available with membership.

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