G L Connolly Foundation
The G L Connolly Foundation, also known as the Gerardine Laffey Connolly Foundation, is a private foundation classified as a 501(c)(3) tax-exempt organization. The foundation was established in 2003 and maintains offices in Moraga, California, with additional presence in Raymond, Maine. It operates as an independent private foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.1M
+62.7% YoY
Annual Giving
$491K
+4.5% YoY
Grant Count
68
+1.5% YoY
Avg Grant Size
$7K
+3.0% YoY
Mission & Focus Areas
The foundation gives primarily to Roman Catholic organizations, with additional funding directed toward education and social services. The foundation's grantmaking focuses on education, philanthropy, voluntarism and grantmaking, and health care.
Grantmaking
The foundation maintains an active grantmaking program with typical awards ranging from $1,000 to $30,000. Recent grant activity includes:
How to Apply
information is publicly available.
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in New York, Maine, and California, which account for 46% of all grants. Grantmaking reaches organizations across 23 states, with particular concentration in Maine and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $7,438,857
- Total revenues: $591,616
- Total expenses: $519,209
- Investment income and dividends: $235,232
- Net gain from sale of non-inventory assets: $356,384
Assets & Revenue (2024):
- Total assets: $12,089,270
- Total giving: $491,400
Asset growth has been significant, increasing from $8.2 million in 2011 to $12.1 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,089,270 | $7,430,233 | $7,366,450 |
| Revenue | $1,693,349 | $582,992 | $660,389 |
| Expenses | $572,520 | $519,209 | $403,692 |
| Qualifying Distributions | $523,785 | $481,268 | $313,542 |
| Net Investment Income | $1,283,746 | $545,051 | $570,239 |
| Distributable Amount | $536,870 | $497,601 | $484,858 |
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
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Ronald C. Connolly - Co-President, Co-Founder
- Thomas A. Connolly - Co-President, Principal Officer, Asset Manager, Legal
- Sieglinde Connolly - Co-Founder, Charities Advisor, Admin
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ronald C Connolly | Co-President | 4 | $12,000 |
| Thomas A Connolly | Co-Presidenet | 20 | $85,000 |
| Sieglinde Connolly | Co-Founder Admin Adviser | 4 | $20,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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