Connelly Foundation
The Connelly Foundation is a private philanthropic organization based in West Conshohocken, Pennsylvania. Founded in 1955 by John F. and Josephine Connelly, the foundation operates as a non-profit organization dedicated to improving quality of life in the Philadelphia region through charitable giving and community support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$362.1M
+5.6% YoY
Annual Giving
$15.4M
+5.5% YoY
Grant Count
305
-1.0% YoY
Avg Grant Size
$50K
+6.5% YoY
Mission & Focus Areas
Vision
The Connelly Foundation envisions a Philadelphia region that is culturally, economically, intellectually, and socially vibrant, bolstered by a strong network of civil society organizations that provide abundant opportunities for people to improve their own lives and those of their families.
Mission
Inspired by its Catholic heritage, the Connelly Foundation strives to improve the quality of life in the Philadelphia region by supporting charitable organizations in education, human services, arts and culture, and civic life that strengthen resilience and help people to flourish.
Primary Focus Areas
- Catholic Education (promoting access and excellence in PreK-12 schools)
- Human Services (addressing basic needs and creating pathways to stability)
- Arts & Culture (supporting access and educational programs)
- Civic Renewal
Grantmaking
The foundation provides grants for:
Review Cycle
basis. The foundation's preference is to receive correspondence electronically.
Grant Types
How to Apply
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Geographic Focus
Where this funder awards grants
The Connelly Foundation primarily serves the Philadelphia region, including the surrounding counties of Bucks, Chester, Delaware, and Montgomery, as well as the city of Camden, New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $362,122,598
- Annual Income: $50.2 million
- Total Giving (2022): $15,400,000
- Cumulative Grants (Historical): Over half a billion dollars distributed since inception
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $362,122,598 | $342,952,074 | $319,670,665 |
| Revenue | $36,726,894 | $25,695,726 | $21,023,180 |
| Expenses | $22,232,954 | $23,097,650 | $23,525,657 |
| Qualifying Distributions | $19,719,480 | $18,598,758 | $17,397,934 |
| Net Investment Income | $35,087,792 | $24,612,316 | $18,041,386 |
| Distributable Amount | $17,036,954 | $15,883,525 | $16,423,306 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
203 grants across all recorded years
Open Grants
1 open opportunity from Connelly Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founders
- John F. Connelly – Self-taught entrepreneur who created Connelly Containers and led the turnaround of Crown Cork & Seal Co. He headed the foundation until his death in 1990.
- Josephine Connelly – Co-founder who led the foundation until her death in 1999.
Current Staff
- Fran Burns – Executive Vice President
The foundation employs approximately 11 people across administrative, education, general management, finance, and research departments.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS A RILEY | BOARD CHAIR, PRES. & TRUSTEE | 40 | $423,231 |
| VALERIE K MARTIN | CFO & TREASURER | 40 | $263,310 |
| FRANCES T BURNS | EXEC VP, CHIEF OP OFCR, SECRETARY | 40 | $257,400 |
| TIMOTHY J DURKIN | VICE PRESIDENT GRANTMAKING | 40 | $238,098 |
| CRAIG CARNAROLI | TRUSTEE (FINANCE & COMP CMTE) | 3.03 | — |
| CHRISTINE C CONNELLY | TRUSTEE (GOVERNANCE COMMITTEE) | 2.79 | $40,000 |
| STEPHAN CONNELLY | TRUSTEE (FINANCE COMMITTEE) | 2.61 | $21,000 |
| THOMAS S CONNELLY | TRUSTEE (GOV & NOMINATING CMT) | 2.89 | $40,500 |
| BRENDAN DELANY | TRUSTEE | 1.79 | $20,000 |
| CELINE DELANY | TRUSTEE | 1.79 | $20,000 |
| ISABELLE DELOUVRIER | TRUSTEE (COMPENSATION CMTE) | 2.21 | — |
| SCOTT JENKINS | TRUSTEE (FINANCE, AUDIT & NOM) | 3.06 | — |
| VINCENZO LARUFFA | TRUSTEE (FINANCE COMMITTEE) | 2.61 | — |
| JOSEPHINE C MANDEVILLE | TRUSTEE | 10 | $110,000 |
| AMELIA RILEY | TRUSTEE (NOMINATING COMMITTEE) | 1.89 | $21,750 |
| EMILY C RILEY | TRUSTEE | 10 | $85,000 |
| FIONA RILEY | TRUSTEE | 1.79 | $20,000 |
| BINNEY WIETLISBACH | TRUSTEE (AUDIT & COMP CMTE) | 2.56 | — |
Recent News & Activity
Recent developments and announcements
In 2022, the foundation distributed over $13.8 million to organizations and institutions serving the Philadelphia region and surrounding areas.
Connelly Foundation grants $70K for support programs at two PhiladelphiaThe foundation has provided support across multiple initiatives including:
Connelly Foundation grants $70K for support programs at two PhiladelphiaParochial school student scholarships
Colleges and universities
Museums and cultural institutions
Programs addressing homelessness, disability support, and technology for schools
Workforce development and skills training
Contact Information
Address One Tower Bridge 100 Front Street, Suite 1450 W. Conshohocken, PA 19428-2873
Phone (610) 834-3222
Email info@connellyfdn.org
Website connellyfdn.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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