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CONNELLY FOUNDATION

CONNELLY FOUNDATION

West Conshohocken, PA, US
•
501(c)3
•
EIN
23-6296825
•
WWW.CONNELLYFDN.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

CONNELLY FOUNDATION

West Conshohocken, PA, US
•
501(c)3
•
EIN
23-6296825
•
WWW.CONNELLYFDN.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
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990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$362,122,598

Investments
98%
Other Assets
1%
Cash & Equivalents
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$15,008,417

Grants Payable
78%
Other Liabilities
19%
Payables & Accruals
4%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,104,601
$2,378,569
+115%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$44,359
$19,525
-56%
Investments
$338,335,649
$355,460,316
+5%
Property, Plant, & Equipment (net)
$698,439
$593,577
-15%
Other Assets
$2,769,026
$3,670,611
+33%
Total Assets
$342,952,074
$362,122,598
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$432,133
$532,278
+23%
Grants Payable
$13,279,023
$11,680,504
-12%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,267,830
$2,795,635
-14%
Total Liabilities
$16,978,986
$15,008,417
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$13,438
$0
-100%
Unrestricted Net Assets
$325,959,650
$347,114,181
+6%
Net assets
2023
2024
Change
Net assets
+$325,973,088
+$347,114,181
+6%
Balance Sheet
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