Donnelly Family Foundation Corp

SARASOTA, FL EIN: 83-2785988

Donnelly Family Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 13 grants totaling $146K. Net investment income was $200K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+65.8% YoY

Annual Giving

$146K

-16.5% YoY

Grant Count

13

+85.7% YoY

Avg Grant Size

$11K

-55.0% YoY

Under IRS private-foundation payout rules, Donnelly Family Foundation Corp reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

About Donnelly Family Foundation Corp

Based on IRS filings

Donnelly Family Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 13 grants totaling $146K. Net investment income was $200K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Arlington HtsBlufftonBooneChicagoHoustonMooresvilleNew YorkSaint PetersburgUniversity HtsWilmette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$372K$743K$1M$1M20202021202220232024
Metric202420232022
Total Assets$2,530,597$1,525,857$1,457,373
Revenue$1,167,830$262,023$442,784
Expenses$163,090$193,539$1,351,581
Qualifying Distributions$146,200$175,000$1,332,500
Net Investment Income$200,269$94,544$16,165
Distributable Amount$137,556$96,626$100,406

Giving Over Time

Total grant dollars and number of grants per year

$0$333K$666K$999K$1M4 grants20205 grants20216 grants20227 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HORIZONS FOR YOUTH$25KST VIATOR$25KTHE ART INSTITUTE OF CHI…$25KNORTHWESTERN SCHOOL OF M…$20KREGINA DOMINICAN HIGH SC…$10KCATHOLIC CHARITIES$10KST PATRICK$10KFEED NC$5KTHE AMERICAN HEART ASSOC…$5KCARE FOR REAL$5K

Grant Size Distribution

35 grants across all recorded years

29<$50K3$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Horizons for Youth ($25,000), St Viator ($25,000), The Art Institute of Chicago ($25,000).

RecipientPurposeAmount
CONGAREE FOUNDATION HOUSTON, TXEDUCATIONAL AND VOCATIONAL OPPORTUNITIES THROUGH GOLF$2,500
HORIZONS FOR YOUTH CHICAGO, ILGENERAL FUND$25,000
NORTHWESTERN SCHOOL OF MEDICINE CHICAGO, ILBREAST SURGERY RESEARCH FUND$20,000
REGINA DOMINICAN HIGH SCHOOL WILMETTE, ILSCHOLARSHIPS / BUILDING HER TOMORROW CAPITAL CAMPAIGN$10,000
ST VIATOR ARLINGTON HTS, ILSCHOLARSHIPS$25,000
THE ART INSTITUTE OF CHICAGO CHICAGO, ILGENERAL FUND$25,000
FEED NC MOORESVILLE, NCGENERAL FUND$5,000
THE AMERICAN HEART ASSOCIATION SAINT PETERSBURG, FLGENERAL FUND$5,000
CATHOLIC CHARITIES NEW YORK, NYGENERAL FUND - FIFTEENTH ANNUAL GALA SECOND CENTURY FUND$10,000
BLUFFTON SELF HELP BLUFFTON, SCGENERAL FUND$1,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM P DONNELLYPRESIDENT/TREASURER/DIRECT5
SUSAN C DONNELLYVP/SECRETARY/DIRECTOR5
WILLIAM C DONNELLYDIRECTOR1
KEVIN D DONNELLYDIRECTOR1
GRACE C DONNELLYDIRECTOR1
ELIZABETH A DONNELLYDIRECTOR1
HAYLEY D DONNELLYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Donnelly Family Foundation Corp?

Donnelly Family Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $2.5M in total assets as of 2024.

How large is Donnelly Family Foundation Corp?

As of 2024, Donnelly Family Foundation Corp holds $2.5M in total assets with $1.2M in annual revenue. It awarded 13 grants totaling $146K in 2024.

Where does Donnelly Family Foundation Corp operate?

Donnelly Family Foundation Corp has awarded grants in Florida, Iowa, Illinois, North Carolina, New York, Ohio, South Carolina, Texas.

What size grants does Donnelly Family Foundation Corp award?

In 2024, Donnelly Family Foundation Corp awarded 13 grants totaling $146K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Donnelly Family Foundation Corp required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Donnelly Family Foundation Corp reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Donnelly Family Foundation Corp's EIN?

Donnelly Family Foundation Corp's EIN (Employer Identification Number) is 83-2785988. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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