The Donald and Carol O'connell Family
The Donald and Carol O'connell Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLAT ROCK, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $910K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $71K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$910K
-0.0% YoY
Annual Giving
$60K
-25.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$20K
+0.0% YoY
Under IRS private-foundation payout rules, The Donald and Carol O'connell Family reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.
About The Donald and Carol O'connell Family
Based on IRS filings
The Donald and Carol O'connell Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLAT ROCK, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $910K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $71K.
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 | $910,104 | $910,396 | $967,434 |
| Revenue | $85,351 | $46,445 | $48,959 |
| Expenses | $85,643 | $103,483 | $67,066 |
| Qualifying Distributions | $60,000 | $80,000 | $40,000 |
| Net Investment Income | $70,614 | $32,462 | $33,594 |
| Distributable Amount | $55,906 | $54,007 | $56,486 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blue Ridge Humane Society ($20,000), Shriners Hospital for Children ($20,000), American Diabetes Association ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE RIDGE HUMANE SOCIETY HENDERSONVILLE, SC | TO ENSURE THE HIGHEST QUALITY OF LIFE FOR ANIMALS IN HENDERSON COUNTY AND OUR NEIGHBORING COMMUNITIES THROUGH ADOPTION, OUTREACH, AND EDUCATION. | $20,000 |
| SHRINERS HOSPITAL FOR CHILDREN TAMPA, FL | TO CONDUCT RESEARCH THAT WILL IMPROVE MEDICAL TREATMENTS AND QUALITY OF LIFE FOR CHILDREN. | $20,000 |
| AMERICAN DIABETES ASSOCIATION ARLINGTON, VA | TO BE THE GLOBAL LEADER, TRUSTED SOURCE, PREFERRED PARTNER, AND A CONNECTED COMMUNITY UNITED TO PREVENT AND CURE DIABETES WHILE IMPROVING THE LIVES OF ALL PEOPLE AFFECTED BY IT. | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL A O'CONNELL | TRUSTEE | 1 | — |
| LISA A SCHNEIDER ESQ | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Donald and Carol O'connell Family?
The Donald and Carol O'connell Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLAT ROCK, NC. It holds $910K in total assets as of 2024.
How large is The Donald and Carol O'connell Family?
As of 2024, The Donald and Carol O'connell Family holds $910K in total assets with $85K in annual revenue. It awarded 3 grants totaling $60K in 2024.
Where does The Donald and Carol O'connell Family operate?
The Donald and Carol O'connell Family has awarded grants in Florida, Iowa, North Carolina, New York, Pennsylvania, South Carolina, Tennessee, Virginia.
What size grants does The Donald and Carol O'connell Family award?
In 2024, The Donald and Carol O'connell Family awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Donald and Carol O'connell Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Donald and Carol O'connell Family reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Donald and Carol O'connell Family's EIN?
The Donald and Carol O'connell Family's EIN (Employer Identification Number) is 30-6507749. 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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