Shaun Ohara Foundation Inc
- Assets
- $19.3k
- Revenue
- $115.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, NJ
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-4145893
Organization Overview
Shaun Ohara Foundation Inc is located in Hillsborough, NJ. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shaun Ohara 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 12/2021, Shaun Ohara Foundation Inc generated $115.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $115.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SHAUN O'HARA FOUNDATION WAS FOUNDED FOR THE PURPOSE OF HELPING TO INCREASE KNOWLEDGE AND EDUCATION IN LIFE-THREATENING DISEASES FOR WHICH THERE IS LIMITED FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SUPPORT - PROVIDE GRANTS TO FOUNDATIONS AND ORGANIZATIONS TO HELP INCREASE KNOWLEDGE AND EDUCATION. GRANTS PROVIDED TO CYSTIC FIBROSIS FOUNDATION, SEAN'S PALS, THE AMERICAN HEART ASSOCIATION, AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaun O'hara Executive Director | OfficerTrustee | 4 | $0 |
James Ruh Treasurer | OfficerTrustee | 10 | $0 |
Josianne D Koerner Trustee | Trustee | 1 | $0 |
Norman R Mantz Trustee | Trustee | 1 | $0 |
David K O'hara Trustee | Trustee | 1 | $0 |
Andrew Koerner Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,200 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $79,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $92,000 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,802 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,990 |
| Advertising and promotion | $0 |
| Office expenses | $3,266 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $115,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,330 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $18,330 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,330 |
Grants Awarded
Over the last fiscal year, Shaun Ohara Foundation Inc has awarded $114,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: GRANT PROVIDED TO AID IN RARE MUTATION INITIATIVE. | $100,500 |
Bethesda, MD PURPOSE: CYSTIC FIBROSIS RESEARCH. | $13,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shaun Ohara Foundation Inc has recieved totaling $6,800.
| Awarding Organization | Amount |
|---|---|
The Milana Family Foundation Inc Oyster Bay, NY PURPOSE: GENERAL DONATION | $5,000 |
Lori And Michael Nash Foundation Chicago, IL PURPOSE: PROGRAM SUPPORT | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |