EX.99.906CERT

         CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT

         Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, each of the
undersigned officer of the Matrix Advisors Value Fund, Inc., does hereby
certify, to such officer's knowledge, that the report on Form N-CSR of the
Matrix Advisors Value Fund, Inc. for the period ended June 30, 2007 fully
complies with the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, as applicable, and that the information contained in the
Form N-CSR fairly presents, in all material respects, the financial condition
and results of operations of the Matrix Advisors Value Fund, Inc. for the stated
period.

/S/ DAVID A. KATZ
--------------------------------------------
David A. Katz
President/Treasurer, Matrix Advisors Value Fund, Inc.

Dated: September 4, 2007


This statement accompanies this report on Form N-CSR pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002 and shall not be deemed as filed by Matrix
Advisors Value Fund, Inc. for purposes of the Securities Exchange Act of 1934.