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Mathworks Foundation Inc at a glance

· Private foundation

Mathworks Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$35M
Granted FY2025still arriving
9
Grants FY2025still arriving
6
States reached
$20M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.

Education$33MHealth$20MAnimals$10MEnvironment$10.0MRecreation & Sports$9.9MInternational$9.5MHuman Services$4.5MPhilanthropy$2.2MOther$0
02FY2025 · 9 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • $50k–250k1 grant · $175k
  • $250k+8 grants · $35M
$500,000
Median grant
6
States reached
$445M
Total assets
Largest grants
RecipientAmount
MASSACHUSETTS GENERAL HOSPITAL$20,000,000
APPALACHIAN MOUNTAIN CLUB (AMC)$9,902,700
CARE INC (COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE)$2,000,000
KHAN ACADEMY INC$2,000,000
I2 LEARNING FOUNDATION INC$500,000
FOUNDATION FOR METROWEST$300,000
UMASS FOUNDATION$250,000
NATIONAL ARBOR DAY FOUNDATION$250,000
NEW HAMPSHIRE OUTDOOR COUNCIL$175,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY23–23, $2.5M) land where the poverty rate runs at 8%, against an area that typically sits at 8%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 8%METROWEST YMCA: $2.5M → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NH
WA
NY
MA
PA
CT
CA
NE
NM
KS
DC
GA
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

33%of every dollar goes to organizations it has funded before.
$25M · 10 repeat orgs$51M to everyone else

Grantees it renews have grown median revenue +13% since the first grant, against 0% for those funded once.

10 repeat relationships: 5 still active in FY2025, 5 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

10
14

Total granted

$25M
$21M

Median revenue growth · since first grant

+13%
0%

Still filing today

70%
86%

New vs renewed · share of each year

In FY2025, 14% of grant dollars renewed an existing relationship; $30M went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24’25
EducationInternationalPhilanthropyEnvironmentAnimalsScience & TechOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • MASSACHUSETTS AUDUBON SOCIETY INC
    2× · 2022–2023 · $9.5M · revenue +13%
  • KA
    KHAN ACADEMY INC
    3× · 2022–2025 · $4.0M · revenue +121%
  • NA
    NATIONAL ARBOR DAY FOUNDATION
    2× · 2024–2025 · $500k · revenue +13%

Funded once

  • MA
    Mass Audobon Society
    one grant, 2024 · $9.0M
  • MY
    METROWEST YOUNG MEN'S CHRISTIAN ASSOCIATION INC
    one grant, 2023 · $2.5M · revenue +3%
  • COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC
    one grant, 2024 · $2.0M · revenue -8%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
American Association for the Advancement of Science

Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…

Science & Tech
2
Activate Global Inc

Activate empowers scientists to reinvent the world by bringing their research to market. activate partners with u.s. based funders, research institutions, and other pillars of the hard technology community to help entrepreneurial…

Environment
3
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
4
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
5
Trustees of Boston University

Organization's mission: boston university is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world.…

—
6
Massachusetts Higher Education Assistance Corporation

The organization's primary exempt purpose is to provide access to and conduct activities in furtherance of higher education.

—
7
The Mitre Corporation

The primary exempt purpose of the mitre corporation is to conduct scientific research activities in the public interest that ensure the safety and security of the united states, enabling solutions and decisions related to complex…

Science & Tech
8
MRIGlobal

To improve the lives of people through innovative scientific and engineering research.

Science & Tech
9
Open Markets Institute

The open markets institute works to help people relearn how to use competition policy to build stronger democracies, more just and equitable societies, more innovative and sustainable economies, and a more secure and peaceful world.

Education
10
University of Virginia Investment Management Company

The university of virginia investment management company (uvimco) is organized to invest funds on behalf of the rector and visitors of the university of virginia (the university or uva) and university-associated organizations (uaos).

Education
11
Trustees of Dartmouth College

Dartmouth College educates the most promising students and prepares them for a lifetime of learning and of responsible leadership, through a faculty dedicated to teaching and the creation of knowledge.

Education
12
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
How this is measured
The grantee most central to the portfolio’s shape is University of Massachusetts Foundation Inc; the most unlike its peers is Every Org. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

22 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 22 of the 29 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

2
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
22/22
Grantees still filing
11/22
Grew since first funded

Where the money sits, by cause and then by grantee

MASSACHUSETTS GENERAL HOSPITAL: $20,000,000 · OtherMASSACHUSETTS GENERAL HOSPITALAPPALACHIAN MOUNTAIN CLUB (AMC): $9,902,700 · OtherAPPALACHIAN MOUNTAIN CLUB (AMC)Mass Audobon Society: $9,000,000 · OtherMass Audobon SocietyCOOPERATIVE FOR ASSISTANCE FOR RELIEF EVERYWHERE INC (CARE): $4,000,000 · OtherCOOPERATIVE FOR ASSISTANCE FOR RELIEF EVERYWHERE INC (…CARE INC (COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE): $3,000,000 · OtherCARE INC (COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYW…GREATER BOSTON FOOD BANK INC: $2,000,000 · Other+3 more: $725,000 · OtherMassachusetts Institute of Technology: $24,315,000 · EducationMassachusetts Institute of Technolog…KHAN ACADEMY INC: $4,000,000 · EducationKHAN ACADEMY INCUNIVERSITY OF NEW MEXICO FOUNDATION INC: $2,000,000 · EducationUNIVERSITY OF NEW MEXICO FOUNDATION …+4 more: $2,172,500 · Education+4 moreMASSACHUSETTS AUDUBON SOCIETY INC: $9,458,000 · EnvironmentMASSACHUSET…NATIONAL ARBOR DAY FOUNDATION: $500,000 · EnvironmentCOOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC: $2,000,000 · InternationalHEART TO HEART INTERNATIONAL INC: $1,000,000 · InternationalAMERICARES FOUNDATION INC: $1,000,000 · InternationalGLOBALGIVING FOUNDATION INC: $500,000 · InternationalMETROWEST YOUNG MEN'S CHRISTIAN ASSOCIATION INC: $2,500,000 · Human ServicesCommunity Foundation for MetroWest Inc: $1,075,000 · PhilanthropyGATES PHILANTHROPY PARTNERS: $1,000,000 · PhilanthropyEVERY ORG: $100,000 · PhilanthropyWIKIMEDIA ENDOWMENT: $100,000 · PhilanthropyCOMMONWEALTH ZOOLOGICAL CORPORATION D/B/A ZOO NEW ENGLAND: $1,000,000 · AnimalsSOCIETY FOR INDUSTRIAL AND APPLIED MATHEMATICS: $41,000 · Science & Tech
Other$48,627,700Education$32,487,500Environment$9,958,000International$4,500,000Human Services$2,500,000Philanthropy$2,275,000Animals$1,000,000Science & Tech$41,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMassachusetts Institute of Technology: $24,315,000 over 3y, 0.2% of budgetMASSACHUSETTS AUDUBON SOCIETY INC: $9,458,000 over 2y, 14% of budgetKHAN ACADEMY INC: $4,000,000 over 3y, 3.6% of budgetMETROWEST YOUNG MEN'S CHRISTIAN ASSOCIATION INC: $2,500,000 over 1y, 13% of budgetCOOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC: $2,000,000 over 1y, 0.2% of budgetGREATER BOSTON FOOD BANK INC: $2,000,000 over 2y, 0.6% of budgetUNIVERSITY OF NEW MEXICO FOUNDATION INC: $2,000,000 over 1y, 1.9% of budgetCommunity Foundation for MetroWest Inc: $1,075,000 over 4y, 4.9% of budgetHEART TO HEART INTERNATIONAL INC: $1,000,000 over 1y, 0.4% of budgetGATES PHILANTHROPY PARTNERS: $1,000,000 over 1y, 0.6% of budgetAMERICARES FOUNDATION INC: $1,000,000 over 1y, 0.1% of budgetCOMMONWEALTH ZOOLOGICAL CORPORATION D/B/A ZOO NEW ENGLAND: $1,000,000 over 1y, 3.4% of budgeti2 LEARNING FOUNDATION INC: $750,000 over 2y, 11% of budgetUNIVERSITY OF MASSACHUSETTS FOUNDATION INC: $500,000 over 2y, 0.2% of budgetNATIONAL ARBOR DAY FOUNDATION: $500,000 over 2y, 0.3% of budgetGLOBALGIVING FOUNDATION INC: $500,000 over 1y, 0.3% of budgetWIKIMEDIA FOUNDATION INC: $500,000 over 5y, 0.1% of budgetCENTER FOR CURRICULUM REDESIGN INC: $422,500 over 1y, 30% of budgetNew Hampshire Outdoor Council: $175,000 over 1y, 77% of budgetEVERY ORG: $100,000 over 1y, 0.2% of budgetSOCIETY FOR INDUSTRIAL AND APPLIED MATHEMATICS: $41,000 over 1y, 0.2% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Pfizer Foundation…National Philanthropi…The Bank of America C…Vanguard Charitable E…American Online Givin…Fidelity Investments …Donor Advised Charita…Amazonsmile Foundation
The Pfizer Foundation IncNY10.2× affinity4 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Pfizer Foundation Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Mathworks Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Mathworks Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%23%51%90%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →median 4%
  • Massachusetts Institute of Technology: 35% of income from government
  • Metrowest Young Men's Christian Association Inc: 33% of income from government
  • Greater Boston Food Bank Inc: 22% of income from government
  • Community Foundation for MetroWest Inc: 4% of income from government
  • Commonwealth Zoological Corporation D/B/a Zoo New England: 2% of income from government
  • Massachusetts Audubon Society Inc: 1% of income from government
  • Americares Foundation Inc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–60%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Mathworks Foundation Inc?

Find your warmest path to Mathworks Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 29 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Mathworks’ filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home