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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
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Income Statement
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$36,726,894

Other
82%
Investments
18%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$22,232,954

Grants
62%
Other
18%
Salaries & Benefits
14%
Fees to Service Providers
2%
Offices, Occupancy & IT
1%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$100
$280
+180%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,985,140
$6,736,980
+13%
Other
$19,710,486
$29,989,634
+52%
Total Revenues
$25,695,726
$36,726,894
+43%
Expenses
2023
2024
Change
Grants
$15,776,059
$13,801,480
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,084,171
$3,194,390
+4%
Fees to Service Providers
$415,021
$517,015
+25%
Advertising & Promotion
$2,197
$0
-100%
Offices, Occupancy & IT
$288,609
$293,390
+2%
Interest
$0
$194,310
-
Depreciation
$126,189
$130,117
+3%
Other
$3,405,404
$4,102,252
+20%
Total Expenses
$23,097,650
$22,232,954
-4%
Net income
2023
2024
Change
Net income
+$2,598,076
+$14,493,940
+458%
Income Statement
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