Utopia Fund
Utopia Fund is a private foundation established in 1952 and based in Plainview, New York. The foundation operates as a 501(c)(3) organization with no employees and focuses on grantmaking to qualified charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+27.8% YoY
Annual Giving
$266K
-21.3% YoY
Grant Count
10
-23.1% YoY
Avg Grant Size
$27K
+2.3% YoY
Under IRS private-foundation payout rules, Utopia Fund reported a distributable amount of $445K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation gives primarily for education and hospitals, including medical research. The foundation has demonstrated funding interests in birth defects and genetic diseases, as well as alliances and advocacy work.
Grantmaking
The foundation made 10 grants totaling $338,000 in documented recent activity.
Grant Range
$26,800
Ready to take the next step with Utopia Fund?
Geographic Focus
Where this funder awards grants
The foundation funds organizations across multiple states, with documented giving in California, Texas, Florida, Illinois, Maryland, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total assets: $3,086,921
- Total revenues: $2,411,380
- Total expenses: $364,006
- Total grants and contributions: $1,068,589
- Investment income and dividends: $74,239
- Net gain from sale of non-inventory assets: $1,268,552
Contact Information:
- Address: PO Box 331, Plainview, NY 11803-0331
- Telephone: 203-894-1776
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,944,620 | $3,086,921 | $1,918,594 |
| Revenue | $3,824,140 | $2,411,380 | $160,248 |
| Expenses | $323,772 | $364,006 | $325,578 |
| Qualifying Distributions | $266,000 | $338,000 | $300,000 |
| Net Investment Income | $756,281 | $1,320,205 | $138,090 |
| Distributable Amount | $444,671 | $278,595 | $287,193 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Friends of the Royal Foundation ($125,000), American Friends of Eton College ($25,000), Myotonic Dystrophy Foundation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 101 EAST 69TH STREET CONSERVANCY NEW YORK, NY | GENERAL | $1,000 |
| AMERICAN FRIENDS OF ETON COLLEGE MCLEAN, VA | GENERAL | $25,000 |
| AMERICAN FRIENDS OF THE ROYAL FOUNDATION WHITE PLAINS, NY | GENERAL | $125,000 |
| HARVARD LAW SCHOOL CAMBRIDGE, MA | GENERAL | $10,000 |
| MYOTONIC DYSTROPHY FOUNDATION SAN FRANCISCO, CA | GENERAL | $20,000 |
| STANFORD GSB STANFORD, CA | GENERAL | $15,000 |
| THE HOTCHKISS SCHOOL LAKEVILLE, CT | GENERAL | $20,000 |
| THE ALDRICH CONTEMPORARY ART MUSEUM RIDGEFIELD, CT | GENERAL | $15,000 |
| VASSAR COLLEGE POUGHKEEPSIE, NY | GENERAL | $15,000 |
| YALE UNIVERSITY NEW HAVEN, CT | GENERAL | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Leslie Dickey Patel serves as Trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LESLIE DICKEY PATEL | TRUSTEE | — | — |
Frequently Asked Questions
What does Utopia Fund fund?
The foundation gives primarily for education and hospitals, including medical research. The foundation has demonstrated funding interests in birth defects and genetic diseases, as well as alliances and advocacy work.
How do I apply for a grant from Utopia Fund?
**Grant Activity & Amounts:** • Median grant size: $26,800 • Grant range: $3,000 to $125,000 • 18 grants awarded in 2023 • Giving rate: 13.5% of assets **Recent Grants (2023):** • American Friends of Eton College: $125,000 • Yale University: $30,000 • Theodore Roosevelt Conservation Partnership: $25,000 The foundation made 10 grants totaling $338,000 in documented recent activity.
Where does Utopia Fund make grants?
The foundation funds organizations across multiple states, with documented giving in California, Texas, Florida, Illinois, Maryland, and New York.
What size grants does Utopia Fund award?
In 2024, Utopia Fund awarded 10 grants totaling $266K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Utopia Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Utopia Fund reported a distributable amount of $445K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Utopia Fund's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Utopia Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Utopia Fund to a real strategy.