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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. Total assets have grown from $18.8M in 2011 to $26.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in New York and District of Columbia. 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.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$255K
Largest Grant
$3.9M
Based on 18 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Emilie Corey | TRUSTEE | $0 | $0 | N/A |
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 |
|---|---|---|---|
| Operation InternationalHUMANITARIAN | Southampton, NY | $1.1M | 2023 |
| Stony Brook FoundationEDUCATION | Stony Brook, NY | $346K | 2023 |
| Metropolitian OperaARTS | New York, NY | $100K | 2023 |
| Peconic Bay Medical Center FoundationHEALTH CARE | Riverhead, NY | $100K | 2023 |
| Maureen'S HavenGENERAL | Riverhead, NY | $25K | 2023 |
| Tesla Science CenterRESEARCH | Shoreham, NY | $25K | 2023 |
| Doctors Without BordersHEALTH CARE | New York, NY | $10K | 2023 |
| Opera AmericaARTS | New York, NY | $10K | 2023 |
| World Central KitchenHUMANITARIAN | Washington, DC | $10K | 2023 |
| Bowery Residents' Committee (Brc)HOMELESSNESS | New York, NY | $10K | 2023 |
| East End Arts CouncilARTS | Riverhead, NY | $10K | 2023 |
| East End HospiceHEALTH CARE | Westhampton Beach, NY | $10K | 2023 |
| Long Island CaresHUMANITARIAN | Hauppauge, NY | $10K | 2023 |
| Riverhead Fire DepartmentGENERAL | Riverhead, NY | $10K | 2023 |
| North Fork Community TheaterARTS | Mattituck, NY | $6K | 2023 |
| Westhampton Beach Performing Arts CenterARTS | Westhampton Beach, NY | $5K | 2023 |
| Beth Morrison ProjectsARTS | Brooklyn, NY | $5K | 2023 |
| Mabel Mercer FoundationARTS | New York, NY | $5K | 2023 |
| Musica SarcaARTS/MUSIC | New York, NY | $5K | 2023 |
| CastEDUCATION | Lynnfield, MA | $5K | 2023 |
| Riverhead Free LibraryGENERAL | Riverhead, NY | $1K | 2023 |
| Riverhead Volunteer Ambulance CorpsCIVIC | Riverhead, NY | $1K | 2023 |
| Wiki Media FoundationGENERAL | Washington, DC | $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 |