Funder DirectoryMATRIX FOUNDATION INC
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Private foundation (trust)EIN 223231774Est. 0000-00

MATRIX FOUNDATION INC

CRANBURY, NJ 08512

Total Assets

$1.6M

FY 2024

Annual Giving

$830K

FY 2024

Grants Made

30

FY 2024

Avg Grant

$28K

FY 2024

Grant Range

$252–$300K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$1.4M

Total Expenses

$835K

Qualifying Distributions

$832K

Distributable Amount

$99K

Min. Investment Return

$99K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

30 grants

Grant sizes from minimum $252 through median $6K to maximum $300K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $1.7M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

118 grants

JEWISH COMMUNITY CENTER OF GREATER MONMOUTH COUNTY
$1M
1 grant
JCC OF GREATER MONMOUTH COUNTY
$572K
2 grants
NJ PERFORMING ARTS CENTER
$355K
2 grants
CENTER FOR CREATIVE CHANGE INC
$300K
1 grant
NJPAC
$250K
1 grant
CHABAD LUBAVITCH
$225K
3 grants
NEWARK BETH ISRAEL MEDICAL
$155K
6 grants
HACKENSACK MERIDAN FOUNDATION INC
$150K
3 grants

Grant Size Distribution

118 grants

<$10K
71
grants
$10–50K
34
grants
$50–250K
10
grants
$250K–1M
3
grants
$1–5M
$5M+

Geographic Focus

8 states

New Jersey
$3.4M
79% of total
New York
$343K
8% of total
District of Columbia
$300K
7% of total
Pennsylvania
$175K
4% of total
Nevada
$75K
2% of total
North Carolina
$25K
1% of total
Virginia
$10K
0% of total
Florida
$1K
0% of total

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MATRIX FOUNDATION INC — Grants, Financials & Contact | Grantivo