Edward L & Ruth S Hennessy Foundation
Edward L & Ruth S Hennessy Foundation is a private foundation, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 12 grants totaling $154K. Net investment income was $97K.
Key facts about Edward L & Ruth S Hennessy Foundation
- EIN
- 22-3140476
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $153,834
- Grants made (2024)
- 12
- Average grant
- $12,820
- Median grant
- $5,000
- New grantees (estimate)
- 0% first-time grantees (0 of 12, 2024)
- Total assets
- $1,795,100
- Primary geography
- New Jersey (68% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Edward L & Ruth S Hennessy Foundation funds
By grant dollars, the top recipient states for Edward L & Ruth S Hennessy Foundation's 12 itemized 2024 grants were New Jersey (68%), Florida (21%) and New York (10%). The most frequent recipient cities were Morristown, NJ (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Edward L & Ruth S Hennessy Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 12 grantees (0%) were first-time recipients. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 150% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Edward L & Ruth S Hennessy Foundation
- How to evaluate Edward L & Ruth S Hennessy Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Edward L & Ruth S Hennessy Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-3.3% YoY
Annual Giving
$154K
-19.8% YoY
Grant Count
12
-25.0% YoY
Avg Grant Size
$13K
+6.9% YoY
Under IRS private-foundation payout rules, Edward L & Ruth S Hennessy Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.
About Edward L & Ruth S Hennessy Foundation
Based on IRS filings
Edward L & Ruth S Hennessy Foundation is a private foundation, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 12 grants totaling $154K. Net investment income was $97K.
Ready to take the next step with Edward L & Ruth S Hennessy Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,795,100 | $1,856,715 | $1,991,782 |
| Revenue | $103,014 | $72,230 | $4,565 |
| Expenses | $166,323 | $206,122 | $205,284 |
| Qualifying Distributions | $153,834 | $191,833 | $165,833 |
| Net Investment Income | $96,898 | $65,332 | $39,182 |
| Distributable Amount | $102,303 | $99,402 | $101,762 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Oasis - a Haven for Women and Children ($43,333), Adopt a Family of the Palm Beaches Inc ($30,000), Fairleigh Dickinson University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OASIS - A HAVEN FOR WOMEN AND CHILDREN Paterson, NJ | GENERAL SUPPORT | $43,333 |
| ADOPT A FAMILY OF THE PALM BEACHES INC Lake Worth, FL | GENERAL SUPPORT | $30,000 |
| FAIRLEIGH DICKINSON UNIVERSITY Madison, NJ | GENERAL SUPPORT | $25,000 |
| TRI-COUNTY SCHOLARSHIP FUND Mendham, NJ | GENERAL SUPPORT | $25,000 |
| TUNNELS TO TOWERS FOUNDATION Staten Island, NY | GENERAL SUPPORT | $10,000 |
| ALZHEIMER'S FOUNDATION OF AMERICA New York, NY | GENERAL SUPPORT | $5,000 |
| MORRISTOWN MEMORIAL HOSPITAL Morristown, NJ | GENERAL SUPPORT | $5,000 |
| PRESCHOOL ADVANTAGE Morristown, NJ | GENERAL SUPPORT | $5,000 |
| KRAVIS CENTER FOR THE PERFORMING ARTS West Palm Beach, FL | GENERAL SUPPORT | $2,500 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL Memphis, TN | GENERAL SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward L Hennessy Jr | Founder | 1 | — |
| Elizabeth R Hennessy | Trustee, Executive Director | 1 | $5,000 |
| James T Elliott | Trustee, Treasurer | 1 | — |
| John C Onderdonk | Trustee | 1 | — |
| Michelle H Daigle | Trustee | 1 | — |
| Jeffery N Sandler | Trustee | 1 | — |
| Daniel Mielnicki | Trustee | 1 | — |
Frequently Asked Questions
How large is Edward L & Ruth S Hennessy Foundation?
As of 2024, Edward L & Ruth S Hennessy Foundation holds $1.8M in total assets with $103K in annual revenue. It awarded 12 grants totaling $154K in 2024.
Where does Edward L & Ruth S Hennessy Foundation operate?
Edward L & Ruth S Hennessy Foundation has awarded grants in Florida, New Jersey, New York, South Dakota, Tennessee.
What size grants does Edward L & Ruth S Hennessy Foundation award?
In 2024, Edward L & Ruth S Hennessy Foundation awarded 12 grants totaling $154K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Edward L & Ruth S Hennessy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Edward L & Ruth S Hennessy Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Edward L & Ruth S Hennessy Foundation's EIN?
Edward L & Ruth S Hennessy Foundation's EIN (Employer Identification Number) is 22-3140476. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Edward L & Ruth S Hennessy Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Chubb Charitable Foundation
Philadelphia, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Greater Houston Community Foundation
Houston, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
Publix Super Markets Charities Inc
Lakeland, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
Jacksonville, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Miami Foundation Inc
Miami, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Community Foundation of Tampa Bay Inc
Tampa, FL
Assets
$1.0B
Grants
698
Total Given
$54.3M
Gulf Coast Community Foundation Inc
Venice, FL
Assets
$533.7M
Grants
651
Total Given
$45.0M
Early Learning Coalition of Broward
Fort Lauderdale, FL
Assets
$15.9M
Grants
636
Total Given
$152.2M
Leslie L Alexander Foundation Inc
Delray Beach, FL
Assets
$291.4M
Grants
622
Total Given
$28.4M
United Way Miami Inc
Miami, FL
Assets
$157.2M
Grants
562
Total Given
$32.6M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Florida
Data last updated September 2026. Sourced from IRS Form 990-PF filings.