Private foundation · EIN 83-1665375 · Natick, Massachusetts · Philanthropy & grantmaking

Mathworks Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 9 grants paid, $35M total, median $500K. 44% of grants stayed in Massachusetts.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
9
$35M
Median grant
$500K
Stays in MA
44%
of grants
Deadline
—
Assets
$445M

Grants paid in 2025

9 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Massachusetts General HospitalBoston, MAExempt purpose$20M
Appalachian Mountain Club (amc)Boston, MAExempt purpose$9.9M
Care Inc (cooperative for Assistance and Relief Everywhere)Atlanta, GAExempt purpose$2.0M
Khan Academy IncMountain View, CAExempt purpose$2.0M
I2 Learning Foundation IncBrewster, NYExempt purpose$500K
Foundation for MetrowestNatick, MAExempt purpose$300K
National Arbor Day FoundationLincoln, NEExempt purpose$250K
Umass FoundationNewton, MAExempt purpose$250K
New Hampshire Outdoor CouncilKearsarge, NHExempt purpose$175K

By state: Massachusetts 4 · Georgia 1 · California 1 · New York 1 · Nebraska 1 · New Hampshire 1

About this foundation

Mathworks Foundation Inc is a private grantmaking foundation in Natick, Massachusetts, administered in care of Steven Douglas Barbo C/O Mat, tax-exempt since 2019. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Mathworks Foundation Inc accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Mathworks Foundation Inc give each year?

In tax year 2025 it paid $35M across 9 grants, a median of $500K.

Where does Mathworks Foundation Inc give?

Massachusetts (4 grants), Georgia (1 grants), California (1 grants) and elsewhere, per its latest filing.

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