Utopia Fund
Utopia Fund is a private foundation based in Plainview, New York, that made 11 grants totaling $560,000 in filing year 2025. Its reported grants went to charitable organizations including schools, colleges, an art museum, and organizations with other purposes.
Utopia Fund at a glance
In short: Utopia Fund gave $560K across 11 grants in 2025 (avg $51K), mostly in Virginia. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $560,000
- +110.5% vs 2024
- Grants made (2025)
- 11
- +10.0% vs 2024
- Average grant
- $50,909
- +91.4% vs 2024
- Median grant
- $20,000
- Total assets
- $3,837,272
- -2.7% vs 2024
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2025; small sample)
- Primary geography
- Virginia (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Utopia Fund
- 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: Co Mjsm - PO Box 331, Plainview, NY 11803
Phone: (203) 894-1776
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Utopia Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Friends of Eton College ($280K). Together the top 10 received $555K.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 48 grants of 56 (86%).
Geographic Focus
Where this funder awards grants
For 2025, the reported shares of grant dollars by recipient state were Virginia 50%, New York 33%, Connecticut 12%, California 3%, and Massachusetts 2%. The listed grants also included a $5,000 award to Atlantic Salmon Federation in Maine.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Utopia Fund open to new grantees?
9%
first-time grantees, 2025
In 2025, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $5K; repeat grants $56K. How we count
Medians: $5K first-time, $20K repeat.
- 82% of 2025 grantees were also funded in 2024. Method
- Giving grew 87% from 2022 to 2025. Method
- In 2025 it paid out 99% 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 (2019–2025). 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 2019 to 2025, annual grant giving ranged from $150K (2019) to $560K (2025). In 2025 it made 11 grants totaling $560K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Friends of Eton College McLean, VA | General | $280,000 |
| American Friends of the Royal Foundation White Plains, NY | General | $135,000 |
| 101 East 69TH Street Conservancy New York, NY | General | $25,000 |
| The Aldrich Contemporary Art Museum Ridgefield, CT | General | $25,000 |
| The Hotchkiss School Lakeville, CT | General | $20,000 |
| Vassar College Poughkeepsie, NY | General | $20,000 |
| Yale University New Haven, CT | General | $20,000 |
| Stanford GSB Stanford, CA | General | $15,000 |
| Harvard Law School Cambridge, MA | General | $10,000 |
| 122 East 66TH Street Foundation New York, NY | General | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,837,272 | $494,423 | $626,136 | $560,000 | 11 | $560,000 | $454,207 | $565,553 |
| 2024 | $3,944,620 | $3,824,140 | $323,772 | $266,000 | 10 | $266,000 | $756,281 | $444,671 |
| 2023 | $3,086,921 | $2,411,380 | $364,006 | $338,000 | 13 | $338,000 | $1,320,205 | $278,595 |
| 2022 | $1,918,594 | $160,248 | $325,578 | $300,000 | 10 | $300,000 | $138,090 | $287,193 |
| 2021 | $2,083,924 | $64,718 | $325,502 | $300,000 | 12 | $300,000 | $46,988 | $292,636 |
| 2020 | $2,344,708 | $155,851 | $291,889 | $265,000 | 9 | — | $137,569 | $238,255 |
| 2019 | $2,474,706 | $347,675 | $173,254 | $150,000 | 9 | — | $130,768 | $224,885 |
Under IRS private-foundation payout rules, Utopia Fund reported a distributable amount of $566K 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 Utopia Fund is provided. Its 2025 grants included support for educational institutions and an art museum, among other organizations. The Aldrich Contemporary Art Museum describes its mission as serving as an incubator for artists at critical creative junctures and providing a collaborative platform that engages and inspires. The Hotchkiss School says it seeks to inspire a diverse range of students and cultivate excellence, empathy, and responsible citizenship.
Grantmaking
In filing year 2025, Utopia Fund awarded 11 grants totaling $560,000. Grants ranged from $5,000 to $280,000, with a median of $20,000. The largest awards were $280,000 to American Friends of Eton College and $135,000 to American Friends of the Royal Foundation. Other notable grants included $25,000 each to 101 East 69th Street Conservancy and The Aldrich Contemporary Art Museum, and $20,000 each to The Hotchkiss School, Vassar College, and Yale University. All listed grant purposes were “GENERAL.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Leslie Dickey Patel as trustee.
Utopia Fund is led by Leslie Dickey Patel, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Leslie Dickey Patel
Trustee
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Utopia Fund
How much does Utopia Fund give each year?
Utopia Fund gave $560K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $266K across 10 grants.
What is Utopia Fund's typical grant size?
Utopia Fund's median grant in 2025 was $20,000, and its average grant was $50,909, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Utopia Fund that year got $5K on average.
Where does Utopia Fund give grants?
Utopia Fund gives mostly in Virginia: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (33%) and Connecticut (12%). The most frequent recipient cities were New York, NY (2 grants).
Does Utopia Fund give general operating support?
Yes: 100% of Utopia Fund's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Utopia Fund's largest grantees?
Utopia Fund's largest 2025 grantees include American Friends of Eton College ($280,000), American Friends of the Royal Foundation ($135,000) and 101 East 69TH Street Conservancy ($25,000), according to its 2025 IRS Form 990-PF. Together they received 79% of its itemized 2025 grant dollars.
How large is Utopia Fund?
Utopia Fund reported $3.8M in total assets on its 2025 IRS Form 990-PF. It paid out $560K in qualifying distributions that year, against a required minimum of $566K (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 Utopia Fund fund?
No mission statement for Utopia Fund is provided. Its 2025 grants included support for educational institutions and an art museum, among other organizations. See mission & focus areas ↑
How do I apply for a grant from Utopia Fund?
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 Utopia Fund's EIN?
Utopia Fund's EIN (Employer Identification Number) is 13-1963929. IRS Form 990 filing data is available on this page for 2019–2025.
Does Utopia Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 27, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Utopia Fund funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/utopia-fund-morg_9cced9d288bc42e5a0fdf5c7d2767720
BibTeX
@misc{grantable_131963929_2026,
author = {{Grantable}},
title = {{Utopia Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/utopia-fund-morg_9cced9d288bc42e5a0fdf5c7d2767720},
note = {Accessed 2026-10-15. 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 Utopia Fund'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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