Also known as: C/O REX CAPITAL ADVISORS LLC
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Trimix Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 1997. The principal officer is Rex Capital Advisors LLC. It holds total assets of $45.2M. Annual income is reported at $1.3M. Total assets have grown from $14M in 2011 to $45.2M in 2024. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Berkshire County, Massachusetts. According to available records, Trimix Foundation has made 14 grants totaling $3.1M, with a median grant of $45K. Annual giving has decreased from $2.3M in 2022 to $875K in 2023. Individual grants have ranged from $1K to $1.4M, with an average award of $225K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Rhode Island, New York, Florida, which account for 71% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Trimix Foundation, established in 1997 by David and Gail Mixer, operates as a family foundation managed through Pathstone Family Office in Providence, Rhode Island. The foundation's core mission centers on improving and expanding quality housing for low-income communities and reversing urban blight in Berkshire County, Massachusetts, but its grantmaking extends to youth development, education, animal welfare, and limited arts support. The foundation employs a relationship-based grantmaking approach, accepting Letters of Inquiry via traditional mail rather than maintaining an online portal. With $45 million in assets and over $60 million distributed since inception, the foundation has scaled back from 33 grants per year (2019) to just 3 grants (2024), signaling a strategic shift toward fewer, larger investments. The Mixer family maintains operational control through a six-member all-family board (Mark, David, Brian, and Michael Mixer, plus Arthur Duffy as treasurer and Matthew Thibault as secretary), with Mark Mixer currently serving as president. The foundation's connection to the Mill Town Foundation—which received $592,471 in 2024 and where David Mixer serves as Vice President—suggests a strategic channeling of philanthropic efforts through an affiliated intermediary focused on Berkshire County revitalization.
The Trimix Foundation has undergone a dramatic shift in grantmaking patterns over the past five years. Annual awards declined from 33 grants in 2019 to just 3 grants in 2024, while average grant size has increased substantially. In 2024, the foundation distributed $1.097 million across only three recipients: Mill Town Private Foundation ($592,471), Union College in Schenectady ($500,000 in two grants), and Railroad Street Youth Project ($5,000). This concentration contrasts sharply with the 2019 pattern of $2 million spread across 33 organizations with typical grants of $25,000–$100,000. Total assets have grown from $29.6 million (2018) to $45.2 million (2024), reflecting strong investment performance. Annual giving has fluctuated between $874,000 and $2.5 million, with the recent trend showing lower total disbursements but higher per-grant amounts. The foundation holds virtually zero liabilities ($1,810 in 2019) and maintains a conservative financial posture. Board members serve without compensation, keeping administrative costs low. The types of support offered include general operating funds, project support, endowment funding, capital building funds, and challenge grants.
| Foundation | Assets | Annual Giving | Focus Areas | Accepts LOIs |
|---|---|---|---|---|
| Trimix Foundation | $45.2M | ~$1.1M | Housing, Youth, Community Dev | Yes (mail only) |
| Berkshire Taconic Community Foundation | ~$150M | ~$10M | Education, Environment, Arts, Health | Yes |
| Rhode Island Foundation | ~$1.2B | ~$50M | Education, Health, Arts, Housing | Yes |
| Champlin Foundations (RI) | ~$200M | ~$8M | Capital projects, Education, Health | Yes |
| Felicia Fund (MA) | ~$30M | ~$1.5M | Social justice, Community Dev | Yes |
The Trimix Foundation is notably smaller than the dominant community foundations in its two-state footprint (Rhode Island and western Massachusetts). Its recent pivot to concentrating grants through Mill Town Foundation distinguishes it from peers that typically fund dozens of organizations annually. The foundation's $45M asset base positions it as a mid-size private foundation, but its declining grant count (33 in 2019 to 3 in 2024) makes it increasingly selective compared to similarly sized funders. Its giving rate of approximately 2.4% of assets in 2024 falls below the IRS-required 5% minimum distribution, though qualifying distributions may include other exempt-purpose expenditures.
The Trimix Foundation's most recent filing (2024) shows total assets of $45.2 million with $1.097 million in grants distributed to just three recipients. The single largest grant of $592,471 went to Mill Town Private Foundation, an affiliated entity where founder David Mixer serves as Vice President. Mill Town Foundation focuses on Berkshire County revitalization, suggesting Trimix is increasingly channeling its housing and community development mission through this intermediary. Union College in Schenectady, NY received $500,000 across two separate grants, reflecting the Mixer family's educational giving interests. Railroad Street Youth Project in Great Barrington, MA received $5,000—a longtime grantee aligned with the foundation's Berkshire County focus. The dramatic reduction in grantee count (from 33 in 2019 to 3 in 2024) represents either a strategic consolidation or a winding down of broader grantmaking in favor of the Mill Town Foundation channel. The foundation continues to be managed through Pathstone Family Office (formerly Rex Capital Advisors) in Providence, RI, with Mark Mixer serving as president and all six board members being family members or close associates.
Despite the Trimix Foundation's declining grant count, organizations can position themselves for funding through these approaches: (1) Submit a Letter of Inquiry via traditional mail to Mark Mixer at Pathstone Family Office, 50 Park Row West Suite 113, Providence, RI 02903. Include organizational letterhead, a description of the organization, the purpose and amount of the funding request, and an IRS 501(c)(3) determination letter. (2) Call (401) 383-5370 before submitting to introduce your organization and confirm current funding priorities, as the foundation's interests may have narrowed significantly given recent grantmaking patterns. (3) Organizations in Berkshire County, MA will have the strongest alignment—the foundation's core mission targets housing and community revitalization in that specific region. (4) Consider whether applying directly to the Mill Town Foundation may be more productive, as Trimix appears to be channeling an increasing share of its philanthropy through that affiliate. (5) Demonstrate direct service delivery and tangible community impact rather than research or advocacy; past grantees like Boys and Girls Clubs, Amos House, and Railroad Street Youth Project all emphasize hands-on programming. (6) The foundation supports multiple types of funding including general operating, project support, endowment, capital building, and challenge grants—tailor your ask to the type that best fits your need.
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Smallest Grant
$5K
Median Grant
$30K
Average Grant
$149K
Largest Grant
$1.4M
Based on 17 grants from the most recent 990-PF filing.
Expenditures made in furtherance of trimix foundation's exempt purposes, including efforts to improve and expand quality housing for residents in low-income communities and to reverse community deterioration and urban blight in berkshire county, massachusetts.
Expenses: $103K
The Trimix Foundation has undergone a dramatic shift in grantmaking patterns over the past five years. Annual awards declined from 33 grants in 2019 to just 3 grants in 2024, while average grant size has increased substantially. In 2024, the foundation distributed $1.097 million across only three recipients: Mill Town Private Foundation ($592,471), Union College in Schenectady ($500,000 in two grants), and Railroad Street Youth Project ($5,000). This concentration contrasts sharply with the 2019.
Trimix Foundation has distributed a total of $3.1M across 14 grants. The median grant size is $45K, with an average of $225K. Individual grants have ranged from $1K to $1.4M.
The Trimix Foundation, established in 1997 by David and Gail Mixer, operates as a family foundation managed through Pathstone Family Office in Providence, Rhode Island. The foundation's core mission centers on improving and expanding quality housing for low-income communities and reversing urban blight in Berkshire County, Massachusetts, but its grantmaking extends to youth development, education, animal welfare, and limited arts support. The foundation employs a relationship-based grantmaking a.
Trimix Foundation is headquartered in PROVIDENCE, RI. While based in RI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur X Duffy | DIRECTOR/TREASURER | $0 | $0 | N/A |
| Matthew A Thibault | SECRETARY | $0 | $0 | N/A |
| David P Mixer | DIRECTOR/VICE PRESIDENT | $0 | $0 | N/A |
| Brian Mixer | DIRECTOR | $0 | $0 | N/A |
| Mark Mixer | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Michael Mixer | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$45.2M
Fair Market Value
N/A
Net Worth
$45.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$3.1M
Average Grant
$225K
Median Grant
$45K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mill Town FoundationPROGRAM DEVELOPEMENT | Providence, RI | $295K | 2023 |
| Union CollegeSCIENCE AND TECHNOLOGY BUILDING | Schenectady, NY | $500K | 2023 |
| The Philadelphia OrchestraEXEMPT PURPOSE | Philadelphia, PA | $50K | 2023 |
| Educate TomorrowGENERAL OPERATIONS, ANNUAL GALA, SUMMER PROGRAMMING, K-12 INDIVIDUALIZED EDUCATION PROGRAMS | Miami, FL | $25K | 2023 |
| Railroad Street Youth ProjectEXEMPT PURPOSE | Great Barrington, MA | $5K | 2023 |
| Education FundEXEMPT PURPOSE | Miami Lakes, FL | $100K | 2022 |
| Mill Town Commuinity TrustNEIGHBORHOOD DEVELOPEMENT | Providence, RI | $40K | 2022 |
| Boys & Girls Club Of ProvidenceEXEMPT PURPOSE | Providence, RI | $19K | 2022 |
| Social Enterprise GreenhouseEXEMPT PURPOSE | Providence, RI | $5K | 2022 |
| Pittsfield Babe Ruth Baseball League IncEXEMPT PURPOSE | Pittsfield, MA | $1K | 2022 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI