John F Connelly Scholarship Fund

Foundation · Grantmaker YARDLEY, PA EIN: 23-2667541

John F Connelly Scholarship Fund is a private foundation, based in YARDLEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 1 grants totaling $220K. Net investment income was $112K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

-12.0% YoY

Annual Giving

$220K

+15.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$220K

+15.8% YoY

Under IRS private-foundation payout rules, John F Connelly Scholarship Fund reported a distributable amount of $238K for 2024 — the minimum it must pay out in qualifying distributions.

About John F Connelly Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $1.1M (83%)

Florida $220K (17%)

States

Florida Pennsylvania

Cities

MorrisvilleTampaYardley

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,415,673	$5,015,106	$4,619,651
Revenue	$38,729	$122,049	$162,297
Expenses	$220,000	$197,101	$220,715
Qualifying Distributions	$220,000	$197,101	$220,715
Net Investment Income	$112,207	$122,049	$162,297
Distributable Amount	$237,526	$236,127	$259,936

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Avaliable Upon Request Avaliable up ($220,000).

Recipient	Purpose	Amount
AVALIABLE UPON REQUEST AVALIABLE UP Tampa, FL	Tuition Scholarship	$220,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TIMOTHY J DONAHUE	President	—	—
KEVIN C CLOTHIER	Vice President & CFO	—	—
ADAM J DICKSTEIN	General Counsel	—	—
SIDONIE LECLUSE	Trustee	—	—
JOSEPH C PEARCE	Vice President	—	—
DAVID A BEAVER	VP & Treasurer	—	—
ROSEMARY M HASELROTH	Assistant Secretary	—	—
MICHAEL J ROWLEY	Assistant Secretary	—	—

Frequently Asked Questions

How large is John F Connelly Scholarship Fund?

As of 2024, John F Connelly Scholarship Fund holds $4.4M in total assets with $39K in annual revenue. It awarded 1 grants totaling $220K in 2024.

Where does John F Connelly Scholarship Fund operate?

John F Connelly Scholarship Fund has awarded grants in Florida, Pennsylvania.

What size grants does John F Connelly Scholarship Fund award?

In 2024, John F Connelly Scholarship Fund awarded 1 grants totaling $220K — an average of about $220K per grant, based on its IRS Form 990 filings.

How much is John F Connelly Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John F Connelly Scholarship Fund reported a distributable amount of $238K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John F Connelly Scholarship Fund's EIN?

John F Connelly Scholarship Fund's EIN (Employer Identification Number) is 23-2667541. IRS Form 990 filing data is available on this page for 2020–2024.