Mike & Patti Hennessy Foundation Inc
Mike & Patti Hennessy Foundation Inc is a private foundation based in Cranbury, New Jersey. Its 2025 filing reports 13 grants totaling $1,719,000, including support for cancer prevention and research, scholarships, charitable organizations, and flood relief.
Mike & Patti Hennessy Foundation Inc at a glance
In short: Mike & Patti Hennessy Foundation Inc gave $1.7M across 13 grants in 2025 (avg $132K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,719,000
- +51.9% vs 2024
- Grants made (2025)
- 13
- +62.5% vs 2024
- Average grant
- $132,231
- -6.6% vs 2024
- Median grant
- $12,500
- Total assets
- $26,650,728
- +4.2% vs 2024
- Primary geography
- New Jersey (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Mike & Patti Hennessy Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2 Commerce Drive, Cranbury, NJ 08512
Phone: (215) 979-3830
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mike & Patti Hennessy Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Hackensack meridian health foundation inc ($1.5M). Together the top 10 received $1.7M.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 29 grants of 39 (74%).
Geographic Focus
Where this funder awards grants
In 2025, 92% of grant dollars went to recipients in New Jersey, 4% to Pennsylvania, and 1% each to Texas, New York, and Indiana.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
How Mike & Patti Hennessy Foundation Inc gives
- 54% of 2025 grantees were also funded in 2024. Method
- Giving grew 998% from 2022 to 2025. Method
- In 2025 it paid out 120% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $8K (2021) to $1.7M (2025). In 2025 it made 13 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hackensack meridian health foundation inc Hackensack, NJ | support for Hennessy Institute for Cancer Prevention and Applied Molecular Medicine | $1,500,000 |
| Diocese of trenton Trenton, NJ | support for Diocese of Trenton | $70,000 |
| University of pennsylvania Philadelphia, PA | Support for Early Detection Biomarker Research | $62,500 |
| The Ovarian Cancer Research Fund Inc New York, NY | support for Partners in Science | $20,000 |
| Zeta Tau Alpha Foundation Carmel, IN | Patti Hennessy Memorial Scholarship support | $17,000 |
| The Community Foundation of the Texas Hill Country Kerrville, TX | Kerr County Flood Relief Fund support | $15,000 |
| University of Pittsburgh School of Medicine Pittsburgh, PA | Scholarship support - Elise Palatine (University of Pittsburgh, School of Medicine) | $12,500 |
| University of South Florida Dallas, TX | Scholarship support | $7,500 |
| LEP Foundation for Youth Education Millstone TWP, NJ | Scholarship Support | $5,000 |
| Rutgers University New Brunswick, NJ | Scholarship support | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $26,650,728 | $3,145,925 | $2,056,522 | $1,719,000 | 13 | $1,856,001 | $1,992,801 | $1,547,398 |
| 2024 | $25,564,420 | $1,933,962 | $1,423,417 | $1,132,000 | 8 | $1,268,627 | $847,665 | $1,448,595 |
| 2023 | $25,054,472 | $637,459 | $1,162,176 | $925,000 | 7 | $1,033,064 | $557,988 | $1,258,769 |
| 2022 | $25,582,078 | $846,857 | $305,766 | $156,500 | 8 | $243,087 | $257,183 | $1,209,376 |
| 2021 | $25,042,233 | $25,050,003 | $7,770 | $7,500 | 3 | $7,500 | — | $53,063 |
Under IRS private-foundation payout rules, Mike & Patti Hennessy Foundation Inc reported a distributable amount of $1.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its reported grants show support for a range of activities, including the Hennessy Institute for Cancer Prevention and Applied Molecular Medicine, early-detection biomarker research, scholarships, and community and charitable causes.
Among its grantees, Ovarian Cancer Research Alliance describes its mission as preventing and treating ovarian and related gynecologic cancers through research, awareness, advocacy, and patient and family support. Zeta Tau Alpha Foundation says it conducts fundraising for educational and charitable projects. Make-A-Wish Foundation of New Jersey says it creates life-changing wishes for children with critical illnesses. Second Life Bikes describes itself as a biking community center focused on helping people, especially youth, ride bikes and repurpose old bikes and parts.
Grantmaking
In 2025, the foundation reported 13 grants totaling $1,719,000. Grant amounts ranged from $1,000 to $1,500,000, with a median of $12,500.
The largest reported grant was $1,500,000 to Hackensack Meridian Health Foundation Inc for support of the Hennessy Institute for Cancer Prevention and Applied Molecular Medicine. Other notable grants included $70,000 to the Diocese of Trenton; $62,500 to the University of Pennsylvania for early-detection biomarker research; $20,000 to The Ovarian Cancer Research Fund Inc for Partners in Science; and $17,000 to Zeta Tau Alpha Foundation for Patti Hennessy Memorial Scholarship support. The foundation also gave $15,000 to The Community Foundation of the Texas Hill Country for the Kerr County Flood Relief Fund and $12,500 to the University of Pittsburgh School of Medicine for scholarship support.
The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael J. Hennessy Jr. as president, Shannon H. Pulaski as secretary, and Ashley Talamo as treasurer.
Mike & Patti Hennessy Foundation Inc is led by Michael J. Hennessy Jr., President since 2021 (on filings since 2020); 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Michael J. Hennessy Jr.
President
Treasurer → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Shannon H. Pulaski
Secretary
On filings since 2020
40 hrs/week
$63K (2022) → $86K (2025)
Ashley Talamo
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael J. Hennessy Sr. (2020) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $86K, to Shannon H Pulaski (Secretary).
Frequently asked questions about Mike & Patti Hennessy Foundation Inc
How much does Mike & Patti Hennessy Foundation Inc give each year?
Mike & Patti Hennessy Foundation Inc gave $1.7M across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 8 grants.
What is Mike & Patti Hennessy Foundation Inc's typical grant size?
Mike & Patti Hennessy Foundation Inc's median grant in 2025 was $12,500, and its average grant was $132,231, across 13 grants on its 2025 IRS Form 990-PF.
Where does Mike & Patti Hennessy Foundation Inc give grants?
Mike & Patti Hennessy Foundation Inc gives mostly in New Jersey: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Mike & Patti Hennessy Foundation Inc give general operating support?
Not in 2025: none of the 13 grants with a stated purpose on Mike & Patti Hennessy Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship Support" (3 grants).
Who are Mike & Patti Hennessy Foundation Inc's largest grantees?
Mike & Patti Hennessy Foundation Inc's largest 2025 grantees include Hackensack meridian health foundation inc ($1,500,000), Diocese of trenton ($70,000) and University of pennsylvania ($62,500), according to its 2025 IRS Form 990-PF. Together they received 95% of its itemized 2025 grant dollars.
How large is Mike & Patti Hennessy Foundation Inc?
Mike & Patti Hennessy Foundation Inc reported $26.7M in total assets on its 2025 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What does Mike & Patti Hennessy Foundation Inc fund?
No mission statement for the foundation is provided. Its reported grants show support for a range of activities, including the Hennessy Institute for Cancer Prevention and Applied Molecular Medicine, early-detection biomarker research, scholarships, and community and charitable causes. See mission & focus areas ↑
How do I apply for a grant from Mike & Patti Hennessy Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mike & Patti Hennessy Foundation Inc's EIN?
Mike & Patti Hennessy Foundation Inc's EIN (Employer Identification Number) is 85-4293362. IRS Form 990 filing data is available on this page for 2020–2025.
Does Mike & Patti Hennessy Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 6, 2026)
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). Mike & Patti Hennessy Foundation Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/mike-and-patti-hennessy-foundation-inc-morg_f2bb96c5ece14b3bb7f14fb197abe33f
BibTeX
@misc{grantable_854293362_2026,
author = {{Grantable}},
title = {{Mike \& Patti Hennessy Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mike-and-patti-hennessy-foundation-inc-morg_f2bb96c5ece14b3bb7f14fb197abe33f},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mike & Patti Hennessy Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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