The Margarita And John Hennessy Family Foundation
- Assets
- $1.2m
- Revenue
- $167.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 13-3978602
Organization Overview
The Margarita And John Hennessy Family Foundation is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margarita And John Hennessy Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Margarita And John Hennessy Family Foundation generated $167.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $48.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Margarita And John Hennessy Family Foundation has awarded 32 individual grants totaling $357,425. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Hennessy Corporate Secretary | 1 | $0 | |
Margarita Hennessy Director | 1 | $0 | |
Grace K Hennessy Treasurer | 1 | $0 | |
Miguel E Hennessy Chairman | 1 | $0 | |
James Rawlins President | 1 | $0 | |
John M Hennessy Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,274 |
| Dividends & Interest | $37,388 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $129,023 |
| Capital Gain Net Income | $129,023 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $167,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $183 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $3,861 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $48,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,097 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $565 |
| Total assets | $1,235,345 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Margarita And John Hennessy Family Foundation has awarded $45,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $20,000 |
Jenkintown, PA PURPOSE: GENERAL SUPPORT | $20,000 |
New Haven, CT PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |