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The Corey Foundation

Riverhead, NY Tax ID: 11-3453820

The Corey Foundation is a philanthropic organization in Riverhead, NY, with over $26 million in assets, supporting arts, education, and health initiatives across several U.S. cities, managed by trustees Michael and Emilie Corey.

About The Corey Foundation

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Corey Foundation, based in Riverhead, NY, is a philanthropic organization with assets totaling $26,529,507. The foundation reported expenses of $1,004,599 and revenue of $3,911,188. It focuses on supporting a variety of subject areas including arts and culture, performing arts, music, opera, education, higher education, health, and human services. The foundation provides funding to several cities across the United States, including Brooklyn, Mattituck, New York, and others, primarily in the states of New York, New Mexico, and Virginia. The foundation is managed by trustees Michael Corey and Emilie Corey, who do not receive compensation for their roles.

Focus Areas

AdultsOlder adultsArts and culturePerforming artsMusicOperaEducationHigher educationHealthHuman services- Less

Geographic Focus

NMNYVA

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Key Statistics
Total Assets $26.5M
Total Awarded This Year $978K
Average Grant Size $231
Total Grants (Previous Year) 4,196
Open to New Applicants
% New Applicants Funded
Contact Information
Riverhead, NY
Geographic Funding Distribution

Financials

Total Assets
$26.5M

+2.6% from previous year

Annual Grants
$978K

19 grants awarded in 2024

Expense Ratio
25.7%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$4,105,500Peconic Bay Medical Center FoundationHealth CareRiverhead, NY, US2023
$572,982Operation InternationalHumanitarianSouthampton, NY, US2023
$320,513Stony Brook University FoundationEducationStony brook, NY, US2024
$302,445Stony Brook University FoundationEducationStony brook, NY, US2023
$152,500Peconic Bay Medical Center FoundationHealth CareRiverhead, NY, US2024
$120,000Operation InternationalHumanitarianSouthampton, NY, US2024
$100,000Metropolitian OperaArtsNew york, NY, US2023
$100,000Bowery Residents' Committee (BRC)HomelessnessNew york, NY, US2024
$100,000Riverhead Free LibraryGeneralRiverhead, NY, US2024
$50,000Doctors Without BordersHealth careNew york, NY, US2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

MC

Michael Corey

Trustee

$0 2024
EC

Emilie Corey

Trustee

$0 2024
Showing 2 of 2 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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