Copen Foundation Inc

Foundation · Grantmaker Jericho, NY EIN: 11-6018654

Copen Foundation Inc is a private foundation, based in Jericho, NY. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $53K in total assets. In 2025, it awarded 4 grants totaling $2K. Net investment income was $5K.

Key facts about Copen Foundation Inc

In short: Copen Foundation Inc gave $2K across 4 grants in 2025 (avg $550.5), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
11-6018654
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,202
Grants made (2025)
4
Average grant
$551
Median grant
$589
Total assets
$53,184
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$53K

+6.4% YoY

Annual Giving

$2K

+636.5% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$550.5

+268.2% YoY

Under IRS private-foundation payout rules, Copen Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

How Copen Foundation Inc gives

  • Giving fell 46% from 2022 to 2025. Method
  • In 2025 it paid out 68% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 4 itemized 2025 grant dollars.

Cities

Roslyn HeightsRoslyn HarborFar RockawaySyossetCommackNew YorkSeattleWashingtonDeerfield BeachDuluthGreenvaleHempsteadMill NeckMineolaPort WashingtonRichmondRonkonkomaRoslyn

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K9 grants20185 grants20206 grants20218 grants20229 grants20232 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Chabad of Roslyn: $1KChabad of Roslyn$1KBayswater Jewish Center: $777Bayswater Jewish Center$777Temple Sinai of Roslyn: $400Temple Sinai of Roslyn$400The Spark Foundation: $25The Spark Foundation$25

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CHABAD OF ROSLYN Roslyn Heights, NYFOR RECOGNIZED CHARITABLE PURPOSES$1,000
BAYSWATER JEWISH CENTER Far Rockaway, NYFOR RECOGNIZED CHARITABLE PURPOSES$777
TEMPLE SINAI OF ROSLYN Roslyn Heights, NYFOR RECOGNIZED CHARITABLE PURPOSES$400
THE SPARK FOUNDATION Ronkonkoma, NYFOR RECOGNIZED CHARITABLE PURPOSES$25

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5K$5K$7.5K$10K2018202020212022202320242025
Metric202520242023
Total Assets$53,184$49,996$47,798
Revenue$6,390$3,767$2,074
Expenses$3,202$1,569$8,089
Qualifying Distributions$2,202$299$5,583
Net Investment Income$5,390$2,497—
Distributable Amount$3,255$3,014$2,901

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2018 (received by the IRS May 10, 2019)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Copen Foundation Inc is led by Ileen Gusoff, President & Treasurer on every filing since 2018; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ileen Gusoff

    President & Treasurer

    On filings since 2018

    1 hr/week

    No compensation reported

  • Carolyn Turk

    Treasurer

    On filings since 2024

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Pamela Cott (2018–2023) — Vice President & Secretary

Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Copen Foundation Inc

How much does Copen Foundation Inc give each year?

Copen Foundation Inc gave $2K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $299 across 2 grants.

What is Copen Foundation Inc's typical grant size?

Copen Foundation Inc's median grant in 2025 was $589, and its average grant was $551, across 4 grants on its 2025 IRS Form 990-PF.

Where does Copen Foundation Inc give grants?

Copen Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Roslyn Heights, NY (2 grants).

How large is Copen Foundation Inc?

Copen Foundation Inc reported $53K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Copen Foundation Inc's EIN?

Copen Foundation Inc's EIN (Employer Identification Number) is 11-6018654. IRS Form 990 filing data is available on this page for 2018–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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