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Connolly Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2013. The principal officer is Foundation Source. It holds total assets of $29.6M. Annual income is reported at $8.4M. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Connolly Family Foundation Inc. has made 167 grants totaling $4.5M, with a median grant of $15K. Annual giving has decreased from $3.5M in 2022 to $1M in 2023. Individual grants have ranged from $1K to $231K, with an average award of $27K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Georgia, Virginia, Louisiana, which account for 83% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Connolly Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 167 grants. Its grantmaking reaches organizations primarily in GA, VA, LA.
Connolly Family Foundation Inc. has distributed a total of $4.5M across 167 grants. The median grant size is $15K, with an average of $27K. Individual grants have ranged from $1K to $231K.
Connolly Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Connolly Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Leigh Z Connolly | Sec | $0 | $0 | N/A |
| Catherine Greer Connolly | VP | $0 | $0 | N/A |
| John L Connolly | Dir, Pres | $0 | $0 | N/A |
| John L Connolly Jr | Treas | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$21.7M
Fair Market Value
$26.8M
Net Worth
$21.7M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$264K
Distribution Amount
$1.2M
Total Grants
167
Total Giving
$4.5M
Average Grant
$27K
Median Grant
$15K
Unique Recipients
45
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Washington & Lee UniversityJL Connolly Center for Entrepreneurship Chair position fund | Lexington, VA | $231K | 2023 |
| The Administrators Of The Tulane Educational FundConnolly Family Business Management Minor Endowed fund | Dallas, TX | $193K | 2023 |
| Georgia Alzheimers Foundation IncGeneral & Unrestricted | St Simons Is, GA | $50K | 2023 |
| The Atlanta Opera IncGeneral & Unrestricted | Atlanta, GA | $50K | 2023 |
| Georgia Justice Project IncGeneral & Unrestricted | Atlanta, GA | $50K | 2023 |
| Year Up IncGeneral Purpose Grant for Year Up's Atlanta Chapter | Boston, MA | $50K | 2023 |
| City Of Refuge IncGeneral & Unrestricted | Atlanta, GA | $50K | 2023 |
| Atlanta Union Mission Corporation HcsrGeneral & Unrestricted | Atlanta, GA | $25K | 2023 |
| Atlanta Community Food Bank IncGeneral & Unrestricted | Atlanta, GA | $25K | 2023 |
| Camp Twin Lakes IncGeneral & Unrestricted | Atlanta, GA | $25K | 2023 |
| Cristo Rey Atlanta Jesuit High School IncStudent Scholarship Fund | Atlanta, GA | $25K | 2023 |
| East Lake Foundation IncCollege Career and Readiness Program | Atlanta, GA | $25K | 2023 |
| George West Mental Health Foundation IncMark C. West Financial Aid Program | Brookhaven, GA | $25K | 2023 |
| Soccer In The Streets IncGeneral & Unrestricted | Atlanta, GA | $25K | 2023 |
| Covenant House Georgia IncGeneral & Unrestricted | Atlanta, GA | $15K | 2023 |
| Atlanta Historical Society IncGeneral & Unrestricted | Atlanta, GA | $15K | 2023 |
| Atlanta Youth Academies IncTuition Scholarship Fund | Atlanta, GA | $15K | 2023 |
| Atlanta Urban Squash IncGeneral & Unrestricted | Atlanta, GA | $15K | 2023 |
| Atlanta-Fulton County Zoo IncGeneral & Unrestricted | Atlanta, GA | $10K | 2023 |
| Angel Flight Soars IncFly a Southern Child Program | Atlanta, GA | $10K | 2023 |
| Atlanta Police Foundation IncBUILD THE FORCE Program | Atlanta, GA | $10K | 2023 |
| Grayson-Jockey Club Research FoundationGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Cystic Fibrosis Foundation - Ga ChapterGeneral & Unrestricted | Atlanta, GA | $10K | 2023 |
| Bobby Dodd Institute IncGeneral & Unrestricted | Atlanta, GA | $10K | 2023 |
| Big Brothers Big Sisters Of Metro Atlanta IncCharitable Event | Atlanta, GA | $5K | 2023 |
| The DualGeneral & Unrestricted | Johnston, IA | $5K | 2023 |
| Kidz 2 Leaders IncGeneral & Unrestricted | Marietta, GA | $5K | 2023 |
| Boys & Girls Clubs Of Metro Atlanta IncGeneral & Unrestricted | Chamblee, GA | $5K | 2023 |
| Cherokee Art Endowment CorporationPainting Jubilee project | Atlanta, GA | $3K | 2023 |
| Cherokee Employee Scholarship Foundation IncGeneral & Unrestricted | Atlanta, GA | $1K | 2023 |
| Holy Spirit Church Atlanta IncThe Sovereign Military Order of Malta Federal Association - Atlanta region. Project: a life is a beautiful event benefiting pregnancy aid clinic | Atlanta, GA | $1K | 2023 |
| Jonathan Project IncGeneral & Unrestricted | Springfield, MO | $50K | 2022 |