Corey Foundation is a private trust based in RIVERHEAD, NY. The foundation received its IRS ruling in 1998. The principal officer is % Michael Corey. It holds total assets of $26.8M. Annual income is reported at $6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Corey Foundation has made 80 grants totaling $13.2M, with a median grant of $10K. Annual giving has grown from $978K in 2021 to $1.8M in 2023. Grantmaking activity was highest in 2022 with $10.4M distributed across 38 grants. Individual grants have ranged from $1K to $4.1M, with an average award of $165K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in New York, New Mexico, District of Columbia, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Corey Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in NY, NM, DC.
Corey Foundation has distributed a total of $13.2M across 80 grants. The median grant size is $10K, with an average of $165K. Individual grants have ranged from $1K to $4.1M.
Corey Foundation typically selects its grantees rather than accepting unsolicited proposals.
Corey Foundation is headquartered in RIVERHEAD, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Corey | TRUSTEE | $0 | $0 | $0 |
| Emilie Corey | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.9M
Total Assets
$26.5M
Fair Market Value
$34.8M
Net Worth
$26.5M
Grants Paid
$1.8M
Contributions
$237K
Net Investment Income
$2.7M
Distribution Amount
$1.6M
Total: $18.8M
Total Grants
80
Total Giving
$13.2M
Average Grant
$165K
Median Grant
$10K
Unique Recipients
29
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stony Brook FoundationEDUCATION | Stony Brook, NY | $346K | 2023 |
| CastEDUCATION | Lynnfield, MA | $5K | 2023 |
| Operation InternationalHUMANITARIAN | Southampton, NY | $1.1M | 2023 |
| Peconic Bay Medical Center FoundationHEALTH CARE | Riverhead, NY | $100K | 2023 |
| Metropolitian OperaARTS | New York, NY |
Other foundations that have funded Corey Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Nisource Charitable Foundation | $4K | 2022 | CORPORATE DONATION |
| Nisource Charitable Foundation | $4K | 2022 | CORPORATE DONATION |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| $100K |
| 2023 |
| Tesla Science CenterRESEARCH | Shoreham, NY | $25K | 2023 |
| Maureen'S HavenGENERAL | Riverhead, NY | $25K | 2023 |
| East End Arts CouncilARTS | Riverhead, NY | $10K | 2023 |
| Bowery Residents' Committee (Brc)HOMELESSNESS | New York, NY | $10K | 2023 |
| Doctors Without BordersHEALTH CARE | New York, NY | $10K | 2023 |
| World Central KitchenHUMANITARIAN | Washington, DC | $10K | 2023 |
| Riverhead Fire DepartmentGENERAL | Riverhead, NY | $10K | 2023 |
| Opera AmericaARTS | New York, NY | $10K | 2023 |
| Long Island CaresHUMANITARIAN | Hauppauge, NY | $10K | 2023 |
| East End HospiceHEALTH CARE | Westhampton Beach, NY | $10K | 2023 |
| North Fork Community TheaterARTS | Mattituck, NY | $6K | 2023 |
| Musica SarcaARTS/MUSIC | New York, NY | $5K | 2023 |
| Westhampton Beach Performing Arts CenterARTS | Westhampton Beach, NY | $5K | 2023 |
| Mabel Mercer FoundationARTS | New York, NY | $5K | 2023 |
| Beth Morrison ProjectsARTS | Brooklyn, NY | $5K | 2023 |
| Riverhead Free LibraryGENERAL | Riverhead, NY | $1K | 2023 |
| Wiki Media FoundationGENERAL | Washington, DC | $1K | 2023 |
| Riverhead Volunteer Ambulance CorpsCIVIC | Riverhead, NY | $1K | 2023 |
| Stony Brook University FoundationEducation | Stony Brook, NY | $302K | 2022 |
| Santa Fe OperaArts | Santa Fe, NM | $10K | 2022 |
| On Site OperaArts | New York, NY | $5K | 2022 |
| Aubrey Fundpediatric MskMedical research | New York, NY | $1K | 2022 |
| Met Museum Live ArtsArts | New York, NY | $10K | 2021 |
| Operation Paws For HomesGeneral | N Chesterfield, VA | $1K | 2021 |
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