James J O'connell Fund

PENNINGTON, NJ EIN: 22-6647081

James J O'connell Fund is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 10 grants totaling $111K. Net investment income was $230K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+2.9% YoY

Annual Giving

$111K

-41.5% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$11K

-47.3% YoY

Under IRS private-foundation payout rules, James J O'connell Fund reported a distributable amount of $175K for 2024 — the minimum it must pay out in qualifying distributions.

About James J O'connell Fund

Based on IRS filings

James J O'connell Fund is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 10 grants totaling $111K. Net investment income was $230K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Browns MillsDallasEdisonHoustonNew BrunswickNew YorkOceanportPiscatawayPlainsboroPrinceton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$339K$679K$1M$1M20202021202220232024
Metric202420232022
Total Assets$3,158,793$3,068,847$3,477,866
Revenue$263,984$77,175$1,234,458
Expenses$170,724$489,084$23,876
Qualifying Distributions$141,922$218,895$10,542
Net Investment Income$229,786$78,323$1,208,643
Distributable Amount$174,996$163,296$172,504

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$95K$142K$190K7 grants20205 grants20210 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE RWJ UNIVERSITY HOSPI…$39KRUTGERS UNIVERSITY FOUND…$17KPRINCETON HEALTHCARE SYS…$11KST PETERS FOUNDATION$11KNEW JERSEY HEALTH FOUNDA…$6KCANAVAN FOUNDATION INC$6KPRINCETON CHILD DEVELOPM…$6KDEBORAH HOSPITAL FOUNDAT…$6KHACKENSACK MERIDIAN HEAL…$6KTHE INSTITUTE FOR CHILDR…$6K

Grant Size Distribution

31 grants across all recorded years

28<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Rwj University Hospital Foundation I ($38,831), Rutgers University Foundation ($16,642), Princeton Healthcare System Foundation I ($11,095).

RecipientPurposeAmount
NEW JERSEY HEALTH FOUNDATION INC PRINCETON, NJGENERAL OPERATING$5,547
CANAVAN FOUNDATION INC NEW YORK, NYGENERAL OPERATING$5,547
PRINCETON CHILD DEVELOPMENT INSTITUTE PRINCETON, NJGENERAL OPERATING$5,547
DEBORAH HOSPITAL FOUNDATION BROWNS MILLS, NJGENERAL OPERATING$5,547
PRINCETON HEALTHCARE SYSTEM FOUNDATION I PLAINSBORO, NJGENERAL OPERATING$11,095
ST PETERS FOUNDATION NEW BRUNSWICK, NJGENERAL OPERATING$11,095
THE RWJ UNIVERSITY HOSPITAL FOUNDATION I OCEANPORT, NJGENERAL OPERATING$38,831
HACKENSACK MERIDIAN HEALTH INC EDISON, NJGENERAL OPERATING$5,547
THE INSTITUTE FOR CHILDREN WITH CANCER A NEW BRUNSWICK, NJGENERAL OPERATING$5,547
RUTGERS UNIVERSITY FOUNDATION NEW BRUNSWICK, NJGENERAL OPERATING$16,642

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$52K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE2$51,628

Frequently Asked Questions

How large is James J O'connell Fund?

As of 2024, James J O'connell Fund holds $3.2M in total assets with $264K in annual revenue. It awarded 10 grants totaling $111K in 2024.

Where does James J O'connell Fund operate?

James J O'connell Fund has awarded grants in New Jersey, New York, Texas.

What size grants does James J O'connell Fund award?

In 2024, James J O'connell Fund awarded 10 grants totaling $111K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is James J O'connell Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, James J O'connell Fund reported a distributable amount of $175K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is James J O'connell Fund's EIN?

James J O'connell Fund's EIN (Employer Identification Number) is 22-6647081. 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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