The Corey Foundation
The Corey Foundation is a private foundation based in Riverhead, New York. Its 2025 grants supported organizations working in areas including civic services, health care, education, the arts, and general community purposes.
The Corey Foundation at a glance
In short: The Corey Foundation gave $5.2M across 20 grants in 2025 (avg $260K), mostly in New York. 20% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,201,041
- +73.2% vs 2024
- Grants made (2025)
- 20
- -13.0% vs 2024
- Average grant
- $260,052
- +99.2% vs 2024
- Median grant
- $25,000
- Total assets
- $26,221,709
- -2.3% vs 2024
- New grantees (estimate)
- 20% first-time grantees (4 of 20, 2025; small sample)
- Primary geography
- New York (99% 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 The Corey Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 2 Waterview Court, Riverhead, NY 11901
Phone: (631) 369-4696
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Corey Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Riverhead Volunteer Ambulance Corps ($3.3M). Together the top 10 received $5.1M.
Grant Size Distribution
104 grants across all recorded years
The most common grant size was under $50K: 81 grants of 104 (78%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in New York. The reported shares for Washington and New Mexico were 0% each. The listed grants included recipients in New York, Washington, and New Mexico.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is The Corey Foundation open to new grantees?
20%
first-time grantees, 2025
In 2025, 4 of 20 grantees (20%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $31K; repeat grants $317K. How we count
Medians: $25K first-time, $20K repeat.
- 75% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 299% of its IRS minimum distribution (the 5% rule). 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 $978K (2021) to $5.2M (2022). In 2025 it made 20 grants totaling $5.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Riverhead Volunteer Ambulance Corps Riverhead, NY | CIVIC | $3,250,000 |
| Peconic Bay Medical Center Foundation Riverhead, NY | Health Care | $1,258,750 |
| Stony Brook Foundation Stony Brook, NY | Education | $330,291 |
| Maureen's Haven Riverhead, NY | General | $50,000 |
| The Jazz Loft Stony Brook, NY | ARTS | $50,000 |
| East End Hospice Westhampton Beach, NY | Health Care | $30,000 |
| Beth Morrison Projects Brooklyn, NY | ARTS | $25,000 |
| Brooklyn Conservatory of Music Brooklyn, NY | ARTS | $25,000 |
| East End Arts Council Riverhead, NY | ARTS | $25,000 |
| Realize Impact - Fellow Travelers Bainbridge Island, WA | General | $25,000 |
Ready to take the next step with The Corey 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 | $26,221,709 | $6,588,373 | $5,309,421 | $5,201,041 | 20 | $5,202,170 | $3,523,656 | $1,737,239 |
| 2024 | $26,838,016 | $2,532,896 | $3,040,648 | $3,002,099 | 23 | $3,002,849 | $2,435,265 | $35,403 |
| 2023 | $26,530,643 | $2,977,818 | $1,896,199 | $1,809,607 | 23 | $1,810,382 | $2,692,033 | $1,564,413 |
| 2022 | $26,276,630 | $4,748,063 | $5,301,613 | $5,214,927 | 19 | $5,215,677 | $3,577,756 | $1,704,777 |
| 2021 | $26,529,507 | $3,911,188 | $1,004,599 | $978,013 | 19 | $978,763 | $1,902,891 | $1,784,026 |
| 2020 | $24,635,653 | $1,837,815 | $4,668,659 | $4,583,756 | 18 | — | $1,641,027 | $1,364,752 |
Under IRS private-foundation payout rules, The Corey Foundation reported a distributable amount of $1.7M 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 mission statement for the foundation is provided. Its 2025 grants included support for civic services, health care, education, arts, and general purposes. Among its grantees, Riverhead Volunteer Ambulance Corps says its mission is to provide volunteer ambulance service in Riverhead; East End Hospice describes its work as providing care and comfort for terminally ill patients and their families across eastern Long Island; and The Jazz Loft says it works to entertain, enrich, and expand a global community for jazz through performance, education, and advocacy.
Grantmaking
In 2025, the foundation awarded 20 grants totaling $5,201,041. Grant amounts ranged from $5,000 to $3,250,000, with a median of $25,000. Its largest grants were $3,250,000 to Riverhead Volunteer Ambulance Corps for civic purposes; $1,258,750 to Peconic Bay Medical Center Foundation for health care; and $330,291 to Stony Brook Foundation for education. Other 2025 awards included $50,000 each to Maureen’s Haven and The Jazz Loft, and $30,000 to East End Hospice.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael Corey and Emilie Corey as trustees.
The Corey Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Emilie Corey
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Michael Corey
Trustee
On filings since 2020
6 hrs/week
No compensation reported
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 The Corey Foundation
How much does The Corey Foundation give each year?
The Corey Foundation gave $5.2M across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.0M across 23 grants.
What is The Corey Foundation's typical grant size?
The Corey Foundation's median grant in 2025 was $25,000, and its average grant was $260,052, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Corey Foundation that year got $31K on average.
Where does The Corey Foundation give grants?
The Corey Foundation gives mostly in New York: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Riverhead, NY (6 grants), New York, NY (4 grants), Stony Brook, NY (2 grants) and Brooklyn, NY (2 grants).
Does The Corey Foundation give general operating support?
Yes: 20% of The Corey Foundation's 2025 grants with a stated purpose (4 of 20) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Arts" (9 grants) and "Health Care" (3 grants).
Who are The Corey Foundation's largest grantees?
The Corey Foundation's largest 2025 grantees include Riverhead Volunteer Ambulance Corps ($3,250,000), Peconic Bay Medical Center Foundation ($1,258,750) and Stony Brook Foundation ($330,291), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.
How large is The Corey Foundation?
The Corey Foundation reported $26.2M in total assets on its 2025 IRS Form 990-PF. It paid out $5.2M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does The Corey Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for civic services, health care, education, arts, and general purposes. See mission & focus areas ↑
How do I apply for a grant from The Corey Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Corey Foundation's EIN?
The Corey Foundation's EIN (Employer Identification Number) is 11-3453820. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Corey 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
Explore Open Grants
Browse active grant opportunities in The Corey Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Corey Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-corey-foundation-morg_1e31a1437afd4faf83b76b0f6b0b1837
BibTeX
@misc{grantable_113453820_2026,
author = {{Grantable}},
title = {{The Corey Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-corey-foundation-morg_1e31a1437afd4faf83b76b0f6b0b1837},
note = {Accessed 2026-10-13. 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 The Corey 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.
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