Mike & Patti Hennessy Foundation Inc
Mike & Patti Hennessy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANBURY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.6M in total assets. In 2024, it awarded 8 grants totaling $1.1M. Net investment income was $848K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.6M
+2.0% YoY
Annual Giving
$1.1M
+22.4% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$142K
+7.1% YoY
About Mike & Patti Hennessy Foundation Inc
Based on IRS filings
Mike & Patti Hennessy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRANBURY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.6M in total assets. In 2024, it awarded 8 grants totaling $1.1M. Net investment income was $848K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,564,420 | $25,054,472 | $25,582,078 |
| Revenue | $1,933,962 | $637,459 | $846,857 |
| Expenses | $1,423,417 | $1,162,176 | $305,766 |
| Qualifying Distributions | $1,268,627 | $1,033,064 | $243,087 |
| Net Investment Income | $847,665 | $557,988 | $257,183 |
| Distributable Amount | $1,448,595 | $1,258,769 | $1,209,376 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J HENNESSY JR | PRESIDENT | — | — |
| SHANNON H PULASKI | SECRETARY | — | $105,423 |
| Ashley Talamo | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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