Donnelly Family Foundation Inc is located in Sea Girt, NJ. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Donnelly Family Foundation Inc 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 12/2023, Donnelly Family Foundation Inc generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph D Donnelly Trustee | 2 | $0 | |
Tara J Donnelly Trustee | 1 | $0 | |
Ryan J Donnelly Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $25 |
Dividends & Interest | $1,257 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $9,008 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,282 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25 |
Total operating and administrative expenses | $950 |
Contributions, gifts, grants paid | $11,500 |
Total expenses and disbursements | $12,450 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,487 |
Savings and temporary cash investments | $0 |
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 | $0 |
Total assets | $88,830 |
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 |
Over the last fiscal year, Donnelly Family Foundation Inc has awarded $11,500 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
FRIENDS OF TURTLE CREEK PURPOSE: TO PROMTE THEEXEMPT PURPOSEOF THE RECIPIENT | $250 |
DON BOSCO PREPARATORY SCHOOL PURPOSE: TO PROMOTE THEEXEMPT PURPOSEOF THE RECIPIANT | $2,500 |
MARY'S PLACE BY THE SEA PURPOSE: TO PROMOTE THEEXEMPT PURPOSEOF THE RECIPIENT | $500 |
FULFILL PURPOSE: TO PROMOTE THEEXEMPT PURPOSEOF THE RECIPIENT | $500 |
ST PETERS UNIVERSITY PURPOSE: TO PROMOTE THE EXEMPT PURPOSEOF THE RECIPIENT | $7,750 |