Skip to main content

Nonprofit · EIN 22-3231774

MATRIX FOUNDATION INC

Tax-exempt · CRANBURY, NJ 08512

Financials

$133K$298K2023$1.4M$835K2024$1M$376K2025
Revenue Expenses · by fiscal year end
Financials of MATRIX FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,018,910$375,555$643,355$2,272,398$0$2,272,398
December 31, 2024990-PF$1,447,832$834,864$612,968$1,629,043$0$1,629,043
December 31, 2023990-PF$132,725$297,577-$164,852$1,016,075$0$1,016,075
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$956,849
Interest
$62,061

Expenses

Grants and similar amounts paid
$369,763
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$372,026
Excise tax on investment income
$832

Balance sheet and other

Total assets, start of year
$1,629,043
Total assets, end of year
$2,272,398
Total liabilities, end of year
$0
Net assets, end of year
$2,272,398
Fair market value of assets
$2,272,398
Qualifying distributions
$372,026
Net investment income
$62,061

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DONALD M EPSTEIN
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
GERALD W HULL JR
131 MADISON AVENUE, MORRISTOWN, NJ 07962
TRUSTEE0.5$0
JOSEPH S TAYLOR
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
ROBERT J TWOMEY
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
DONALD M EPSTEIN
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
GERALD W HULL JR
131 MADISON AVENUE, MORRISTOWN, NJ 07962
TRUSTEE0.5$0
JOSEPH S TAYLOR
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
ROBERT J TWOMEY
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DONALD M EPSTEIN
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
GERALD W HULL JR
131 MADISON AVENUE, MORRISTOWN, NJ 07962
TRUSTEE0.5$0
JOSEPH S TAYLOR
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0
ROBERT J TWOMEY
FORSGATE DRIVE CN4000, CRANBURY, NJ 08512
TRUSTEE0.5$0

Address and contacts

Address (IRS master file)
FORSGATE DRIVE CN 4000, CRANBURY, NJ 08512-0000
In care of
% JOSEPH S TAYLOR
Signed the 990-PF
DONALD M EPSTEIN, TRUSTEE
Phone
(732) 521-2900
Return prepared by
COHNREZNICK ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
22-3231774
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,272,398
Income (IRS master file)
$1,018,910

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,018,910$375,555$2,272,398XML
990-PFDecember 2024$1,447,832$834,864$1,629,043XML
990-PFDecember 2023$132,725$297,577$1,016,075XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3231774).

Questions about MATRIX FOUNDATION INC

What is the EIN of MATRIX FOUNDATION INC?
The employer identification number (EIN) of MATRIX FOUNDATION INC is 22-3231774.
Is MATRIX FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3).
Which annual return does MATRIX FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MATRIX FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MATRIX FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MATRIX FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MATRIX FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,018,910, expenses of $375,555 and total assets of $2,272,398 at year end.

Other nonprofits in CRANBURY

All nonprofits in CRANBURY · New Jersey