Matrix Foundation
Preselected recipients only
Matrix Foundation is a private foundation in Mendota Heights, Minnesota. In tax year 2025 it gave $250,400 in 8 grants; the typical grant was $20,000 and the largest $100,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$250,400
- Number of grants8
- Typical grant$20,000
- Largest grant$100,000
- Assets$3.8 million
- New grantees38%
Giving in 2025 was up from $68,750 the year before.
38% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $55,000 | 6 | $1.8 million |
| 2024 | $68,750 | 6 | $2.1 million |
| 2025 | $250,400 | 8 | $3.8 million |
How to apply
Matrix Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Matrix Foundation funds
Where it gives
All of its grants went to recipients in Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 8 | $250,400 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Minnesota Foundation | Education | $100,000 |
| Minnesota Zoo Foundation | Education | $60,000 |
| Aces | Education | $40,000 |
| Mayo Clinic | Research | $30,000 |
| Aim Higher Foundation | Education | $10,000 |
| Miscellaneous 2500 | Miscellaneous | $4,400 |
| Northern Star Scouting | Education | $3,500 |
| Wingspan Life Resources | Human services | $2,500 |
Officers and trustees
- Dale E Peterson
- Jeri L Peterson
- Dana Peterson
- Tracy L Peterson
Questions people ask
Does Matrix Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Matrix Foundation give?
$250,400 in tax year 2025, across 8 grants, with a typical grant of $20,000.
Who runs Matrix Foundation?
Its 2025 filing lists Dale E Peterson (President), Jeri L Peterson (VP, Sec, Treas), Dana Peterson (Asst. VP) and Tracy L Peterson (Asst. VP).
What does Matrix Foundation fund?
Based on its grants, mainly education.