Corio Foundation
Corio Foundation is a private foundation based in Los Ranchos, New Mexico. Its 2025 grants supported organizations working in areas including education, health, environmental protection, humanitarian aid, housing, and animal welfare, as reflected in the grantees’ stated missions.
Corio Foundation at a glance
In short: Corio Foundation gave $3.6M across 18 grants in 2025 (avg $197K), top state New Mexico. 6% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,550,300
- +13.6% vs 2024
- Grants made (2025)
- 18
- +5.9% vs 2024
- Average grant
- $197,239
- +7.3% vs 2024
- Median grant
- $100,000
- Total assets
- $97,238,383
- +19.1% vs 2024
- New grantees (estimate)
- 6% first-time grantees (1 of 18, 2025; small sample)
- Primary geography
- New Mexico (44% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Corio Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 824 San Juan Place Nw, Los Ranchos, NM 87107
Phone: (505) 270-7408
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Corio Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Nuturing Minds of Africa ($850K). Together the top 10 received $3.2M.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was in the $50–100K range: 40 grants of 94 (43%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in New Mexico (44%), Massachusetts (24%), California (14%), New York (8%), and Minnesota (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Is Corio Foundation open to new grantees?
6%
first-time grantees, 2025
In 2025, 1 of 18 grantees (6%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $500K; repeat grants $179K. How we count
Medians: $500K first-time, $100K repeat.
- 94% of 2025 grantees were also funded in 2024. Method
- Giving grew 35% from 2022 to 2025. Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.0M (2020) to $3.6M (2025). In 2025 it made 18 grants totaling $3.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nuturing Minds of Africa Newtonville, MA | General Operations | $850,000 |
| Menaul School Albuquerque, NM | General Operations | $525,300 |
| Bosque School Albuquerque, NM | Charitable | $500,000 |
| Doctors Without Borders New York, NY | General Operations | $250,000 |
| Environmental Defense Fund San Francisco, CA | General Operations | $250,000 |
| Earth Justice San Francisco, CA | General Operations | $250,000 |
| Mayo Clinic Rochester, MN | General Operations | $250,000 |
| United Way of North Central NM Albuquerque, NM | General Operations | $100,000 |
| Saranam Albuquerque, NM | General Operations | $100,000 |
| Animal Humane Association of NM Albuquerque, NM | General Operations | $100,000 |
Ready to take the next step with Corio Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $97,238,383 | $19,555,530 | $3,785,826 | $3,550,300 | 18 | $3,595,929 | $9,046,775 | $3,991,953 |
| 2024 | $81,648,692 | $21,223,537 | $3,379,642 | $3,125,000 | 17 | $3,173,001 | $8,084,872 | $3,824,642 |
| 2023 | $63,214,496 | $9,606,567 | $2,760,119 | $2,575,000 | 17 | $2,618,485 | $9,398,333 | $2,930,866 |
| 2022 | $59,486,907 | $168,290 | $3,023,443 | $2,635,000 | 16 | $2,646,418 | $958,999 | $3,246,861 |
| 2021 | $61,281,809 | $7,961,739 | $2,854,052 | $2,700,000 | 26 | — | $7,834,649 | $2,683,657 |
| 2020 | $41,882,386 | $3,076,794 | $2,478,947 | $2,010,000 | 25 | — | $624,819 | $2,034,273 |
Under IRS private-foundation payout rules, Corio Foundation reported a distributable amount of $4.0M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated in the available information. Its 2025 grants included support for schools, health and humanitarian organizations, environmental groups, housing and poverty services, and animal welfare organizations.
The grantees describe their work in their own terms: Menaul School says it educates middle- and high-school-age students and emphasizes lifelong learning and ethical leadership; Bosque School says it creates transformative learning experiences and prepares students for compassionate contribution. Mayo Clinic describes its mission as contributing to health and well-being through care, education, and research. Environmental Defense Fund says it works to preserve natural systems, while Earthjustice describes its work as using law and partnerships to protect health, places, and wildlife, advance clean energy, and combat climate change. Saranam says it helps families end homelessness and poverty through housing, education, and supportive communities. Watermelon Mountain Ranch says it finds homes for homeless animals and provides education and community involvement.
Grantmaking
The foundation reported 18 grants totaling $3,550,300 in 2025. Grants ranged from $25,000 to $850,000, with a median of $100,000. It reported 17 grants totaling $3,125,000 in 2024 and 17 grants totaling $2,575,000 in 2023.
Among the largest 2025 grants were $850,000 to NUTURING MINDS OF AFRICA for general operations; $525,300 to Menaul School for general operations; $500,000 to Bosque School for charitable purposes; and $250,000 each to Doctors Without Borders, Environmental Defense Fund, Earthjustice, and Mayo Clinic, each listed for general operations. Other listed grants included $100,000 each to United Way of North Central NM, Saranam, and Animal Humane Association of NM.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ronald P Corio as president, Michael P Corio as vice president, Katherine G Corio as secretary, and Phliip G Corio as treasurer.
Corio Foundation is led by Ronald P. Corio, President since 2023 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ronald P. Corio
President
Director & President → President, 2023
On filings since 2020
No compensation reported
Katherine G. Corio
Secretary
Director & Secretary → Secretary, 2023
On filings since 2020
No compensation reported
Michael P. Corio
Vice President
Director & Vice President → Vice President, 2023
On filings since 2020
No compensation reported
Phliip G. Corio
Treasurer
On filings since 2023
No compensation reported
Former officers (1)
- Former: Philip G. Corio (2020–2024) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "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 Corio Foundation
How much does Corio Foundation give each year?
Corio Foundation gave $3.6M across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.1M across 17 grants.
What is Corio Foundation's typical grant size?
Corio Foundation's median grant in 2025 was $100,000, and its average grant was $197,239, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Corio Foundation that year got $500K on average.
Where does Corio Foundation give grants?
Corio Foundation's top state is New Mexico, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (24%) and California (14%). The most frequent recipient cities were Albuquerque, NM (8 grants) and San Francisco, CA (2 grants).
Does Corio Foundation give general operating support?
Yes: 94% of Corio Foundation's 2025 grants with a stated purpose (17 of 18) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Corio Foundation's largest grantees?
Corio Foundation's largest 2025 grantees include Nuturing Minds of Africa ($850,000), Menaul School ($525,300) and Bosque School ($500,000), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How large is Corio Foundation?
Corio Foundation reported $97.2M in total assets on its 2025 IRS Form 990-PF. It paid out $3.6M in qualifying distributions that year, against a required minimum of $4.0M (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 does Corio Foundation fund?
No foundation mission is stated in the available information. Its 2025 grants included support for schools, health and humanitarian organizations, environmental groups, housing and poverty services, and animal welfare organizations. See mission & focus areas ↑
How do I apply for a grant from Corio Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Corio Foundation's EIN?
Corio Foundation's EIN (Employer Identification Number) is 81-4737356. IRS Form 990 filing data is available on this page for 2020–2025.
Does Corio Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 2, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Corio Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Mexico
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Dreamspring
Albuquerque, NM
DreamSpring primarily provides loans, training, and business support to underserved entrepreneurs and small businesses, rather than grants; recent filings report no grants, though a 2020 grant of $15,000 is recorded. It serves entrepreneurs in 27 states, and no typical grant size or process for unsolicited grant requests is stated.
Assets
$66.4M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
The Santa Fe Community Foundation funds 501(c)(3) nonprofits working in health, education, economic opportunity, the environment, arts and culture, and other community priorities; its main focus is Mora, Rio Arriba, San Miguel, and Santa Fe counties, though some funds support work statewide. In 2024, grants ranged from $5,250 to $1,517,500, with a median of $16,006. It accepts proposals through competitive grant cycles and fund-specific opportunities; no grants were open at the time described.
Assets
$144.1M
Grants
302
Total Given
$12.4M
Albuquerque Community Foundation
Albuquerque, NM
The Albuquerque Community Foundation funds nonprofit work in health care, human services, arts and culture, education, environment and historic preservation, and economic and workforce development, serving Bernalillo, Sandoval, Torrance, and Valencia counties. Its 2024 grants had a median of $16,000 and ranged from $5,200 to $663,352; its annual grant cycle has a minimum award of $10,000.
Assets
$160.6M
Grants
245
Total Given
$6.9M
PNM TNMP Foundation
Albuquerque, NM
The PNM TNMP Foundation supports nonprofits working in education, environmental stewardship, and economic vitality, with grants also benefiting a range of community services. It funds organizations in New Mexico and Texas; 2024 grants ranged from $500 to $75,000, with a median grant of $5,000. Its website provides an application for the 2026 PNM Power Grant, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$14.2M
Grants
169
Total Given
$1.3M
More similar funders
More Funders in New Mexico
Cite this profile
Grantable. (2026). Corio Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/corio-foundation-morg_3160d5a338274b208bd8ce79da6a927d
BibTeX
@misc{grantable_814737356_2026,
author = {{Grantable}},
title = {{Corio Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/corio-foundation-morg_3160d5a338274b208bd8ce79da6a927d},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Corio Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Corio Foundation down — hundreds of funders to go?