Timothy O Connell Foundation is located in Holliston, MA. The organization was established in 2008. According to its NTEE Classification (T31) the organization is classified as: Community 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. Timothy O Connell 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, Timothy O Connell Foundation generated $69.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS RAISED $1,150,369 IN THE LAST 14 YEARS. CONTRIBUTIONS OF $63,422 WERE GIVEN IN 2021 TO ORGANIZATIONS SUPPORTING LEUKEMIA RESEARCH AND FAMILIES AFFECTED BY CANCER. 6 SCHOLARSHIPS TOTALLING $9,000 WERE AWARDED TO STUDENTS DEDICATED TO RESEARCHING TREATMENTS OF AND CURES FOR ACUTE MYELOID LEUKEMIA AND OTHER CANCERS AFFECTING CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin J O'connell Trustee | 0.5 | $0 | |
Michael A Simons Trustee | 0.5 | $0 | |
James Sa Lucci Trustee | 0.5 | $0 | |
Joanne M O'connell Trustee | 0.5 | $0 | |
Mark A Moschella Trustee | 0.5 | $0 | |
Shawn P Reilly Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $39,095 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $23 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $18,639 |
Other Revenue | $0 |
Total Revenue | $69,167 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,927 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,005 |
Total expenses | $76,354 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $177,492 |
Other assets | $0 |
Total assets | $177,492 |
Total liabilities | $0 |
Net assets or fund balances | $177,492 |
Over the last fiscal year, we have identified 2 grants that Timothy O Connell Foundation has recieved totaling $5,910.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,905 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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Connecticut Community Foundation Inc Waterbury, CT | $154,014,275 | $11,174,882 |
Adirondack Foundation Lake Placid, NY | $81,334,603 | $18,009,853 |
New York City Partnership Foundation Inc New York, NY | $45,208,462 | $5,342,641 |
Northwest Connecticut Community Foundation Inc Torrington, CT | $136,137,199 | $9,989,668 |
Westchester Community College Foundation Inc Valhalla, NY | $61,692,109 | $7,530,233 |
Greater Lowell Community Foundation Inc Lowell, MA | $59,223,650 | $8,473,367 |
Foundation For Metrowest Inc Natick, MA | $31,216,524 | $9,263,838 |
Community Foundation Of North Central Massachusetts Inc Fitchburg, MA | $67,231,130 | $10,261,158 |
Cambridge Community Foundation Cambridge, MA | $50,483,194 | $9,505,977 |
Chautauqua Region Community Foundation Inc Jamestown, NY | $142,153,687 | $14,207,759 |
Gurwin Jewish Geriatric Foundation Inc Commack, NY | $34,213,292 | $8,779,921 |