Undoubtedly, the Privrednik Society was the fulfillment of Matijević's goal, based on an ideal he himself expressed, "The greatest deed is to give a man honest work and pay."

MatijeviĆ's ultimate purpose was to establish an efficient organization — Privrednik — to identify talented children (boys and girls) from poor Serbian families in Dalmatia, Lika, Kordun, Banija, Baranja, Slavonia, Bosnia, Herzegovina and Vojvodina and to support their education and training in the trades and in business.

After they were trained, it was Matijević's great hope that they would open their own shops and businesses and thus carry forward the means by which their people could progress culturally and socially.

In 1923, after the formation of the Kingdom of Yugoslavia, Privrednikopened a new headquarters in Belgrade while maintaining its offices in Zagreb's Preradović Street.

The society's considerable property — including Matijević's entire estate, valued at $7 million in 1929 — was expropriated by the Communists.

Included in the society's holdings were houses and land in Zagreb, and also in several other cities — Sombor, Slavonski Brod, Daruvar, Rijeka, Gospić, Pakrac, and Osijek.

From its earliest beginning in 1897 until the "government expropriation" in 1947, the society organized and supported the training and education of almost 40,000 students.