Copic Medical Foundation
Copic Medical Foundation is a private foundation focused on Medical Research, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 3 grants totaling $457K. Net investment income was $676K.
Copic Medical Foundation at a glance
In short: Copic Medical Foundation gave $457K across 3 grants in 2024 (avg $152K), top state Kentucky. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $456,568
- -15.5% vs 2023
- Grants made (2024)
- 3
- -40.0% vs 2023
- Average grant
- $152,189
- +40.8% vs 2023
- Median grant
- $157,000
- Total assets
- $22,546,573
- +0.5% vs 2023
- Primary geography
- Kentucky (38% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
How to apply to Copic Medical Foundation
Open Grants
1 open opportunity from Copic Medical Foundation
Who Copic Medical Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was St Elizabeth Medical Center ($175K). Together the top 3 received $457K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was in the $100–250K range: 18 grants of 30 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Copic Medical Foundation gives
- Giving fell 42% from 2021 to 2024. Method
- In 2024 it paid out 87% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $454K (2020) to $790K (2021). In 2024 it made 3 grants totaling $457K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Elizabeth Medical Center Edgewood, KY | For General Program Support | $174,568 |
| Visiting Nurse Association of the Midland Omaha, NE | For General Program Support | $157,000 |
| Dane County Multi-Agency Center Madison, WI | For General Program Support | $125,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $22,546,573 | $1,026,218 | $673,174 | $456,568 | 3 | $665,830 | $675,744 | $768,508 |
| 2023 | $22,423,818 | $543,729 | $685,997 | $540,356 | 5 | $672,612 | $371,793 | $689,589 |
| 2022 | $19,421,292 | $1,333,534 | $839,074 | $685,219 | 6 | $840,821 | $626,844 | $679,701 |
| 2021 | $22,762,138 | $1,084,762 | $968,876 | $789,898 | 7 | $961,115 | $435,562 | $737,828 |
| 2020 | $19,259,192 | $1,119,050 | $515,932 | $453,550 | 9 | — | $623,997 | $662,452 |
Under IRS private-foundation payout rules, Copic Medical Foundation reported a distributable amount of $769K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Copic Medical Foundation's 2024 filing lists 8 officers; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alan Y. Synn MD
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Rebecca S. Vogel MD
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Sophia G. Meharena DO
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Harris A. Frankel MD
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Romana Hasnain-Wynia PhD
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Kelly Joines
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Shelyce Foster
Treasurer
On filings since 2020
0.5 hrs/week
$2K (2020) → $0 (2024)
Beverly Razon
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Brian C. Harrington MD (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $2K, to Shelyce Foster (Treasurer).
Frequently asked questions about Copic Medical Foundation
How much does Copic Medical Foundation give each year?
Copic Medical Foundation gave $457K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $540K across 5 grants.
What is Copic Medical Foundation's typical grant size?
Copic Medical Foundation's median grant in 2024 was $157,000, and its average grant was $152,189, across 3 grants on its 2024 IRS Form 990-PF.
Where does Copic Medical Foundation give grants?
Copic Medical Foundation's top state is Kentucky, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Nebraska (34%) and Wisconsin (27%).
Does Copic Medical Foundation give general operating support?
Yes: 100% of Copic Medical Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Copic Medical Foundation?
Copic Medical Foundation reported $22.5M in total assets on its 2024 IRS Form 990-PF. It paid out $666K in qualifying distributions that year, against a required minimum of $769K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Copic Medical Foundation?
Copic Medical Foundation is a private foundation focused on Medical Research, based in Denver, CO. It holds $22.5M in total assets as of 2024.
What is Copic Medical Foundation's EIN?
Copic Medical Foundation's EIN (Employer Identification Number) is 84-1197083. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Copic Medical Foundation down — hundreds of funders to go?