Private foundation · Mendota Heights, MN

Matrix Foundation

View org profile →Find similar funders →Invitation only
Typical grant size
$5K $8K $11K
25th · median · 75th percentile
Unique recipients
4
Repeat grantees
3
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

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

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
4.3%
grants paid ÷ assets · ~5% IRS minimum
'18
'19
'20
'21
'22
'23
'24
36
Total grants awarded
$431K
Total amount
$12K
Average grant
$46K
Largest grant

Giving by year

2024
$69K
6 grants
2023
$55K
6 grants
2022
$60K
5 grants
2021
$39K
3 grants
2020
$61K
6 grants
2019
$92K
5 grants
2018
$56K
5 grants

Top recipients

7 grants · MN · ≈ likely match
$205K
Aces
6 grants · MN
$83K
7 grants · MN · ✓ Exact match
$51K
Miscellaneous 2500
6 grants · MN
$36K
Hamline University
2 grants · MN
$20K
3 grants · TX · ≈ likely match
$13K
Miscellaneous 5000
1 grant · MN
$12K
Northern Star Scouting
3 grants · MN
$9K
1 grant · MN · ≈ likely match
$3K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Mayo Clinic
RESEARCH
MN · TY 2024
$30K
Aces
EDUCATION
MN · TY 2024
$10K
Hamline University
EDUCATION
MN · TY 2024
$10K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2024
$10K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2024
$6K
Northern Star Scouting
EDUCATION
MN · TY 2024
$3K
Mayo Clinic
RESEARCH
MN · TY 2023
$30K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2023
$10K
Aces
EDUCATION
MN · TY 2023
$7K
Northern Star Scouting
EDUCATION
MN · TY 2023
$3K
Second Harvest Heartland
FOOD BANK SERVICES
MN · TY 2023
$3K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2023
$2K
Mayo Clinic
RESEARCH
MN · TY 2022
$30K
Aces
EDUCATION
MN · TY 2022
$11K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2022
$8K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2022
$8K
Northern Star Scouting
EDUCATION
MN · TY 2022
$3K
Mayo Clinic
RESEARCH
MN · TY 2021
$30K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2021
$8K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2021
$2K
Mayo Clinic
RESEARCH
MN · TY 2020
$30K
Hamline University
EDUCATION
MN · TY 2020
$10K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2020
$9K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2020
$6K
Aces
EDUCATION
MN · TY 2020
$4K
Boy Scouts of America
EDUCATION
TX · TY 2020
$3K
Aces
EDUCATION
MN · TY 2019
$46K
Mayo Clinic
RESEARCH
MN · TY 2019
$30K
Miscellaneous 2500
MISCELLANEOUS
MN · TY 2019
$8K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2019
$5K
Boy Scouts of America
EDUCATION
TX · TY 2019
$3K
Mayo Clinic
RESEARCH
MN · TY 2018
$25K
Miscellaneous 5000
MISCELLANEOUS
MN · TY 2018
$12K
Boy Scouts of America
EDUCATION
TX · TY 2018
$8K
Aces
EDUCATION
MN · TY 2018
$7K
Minnesota Zoo Foundation
EDUCATION
MN · TY 2018
$5K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.