The Td & Ma Omalley Foundation Inc
- Assets
- $8.4m
- Revenue
- $1.7m
- Investments
- $8.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1986
- Data as of
- 09/2023
- EIN
- 06-1157580
Organization Overview
The Td & Ma Omalley Foundation Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Td & MA Omalley Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Td & MA Omalley Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $772.9k during the year ending 09/2023. While expenses have increased by 28.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Td & MA Omalley Foundation Inc has awarded 90 individual grants totaling $6,566,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas O'malley Pres/treas | 0.25 | $0 | |
Mary Alice O'malley V.p./sec | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $178 |
| Dividends & Interest | $298,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,279,790 |
| Capital Gain Net Income | $1,279,319 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $167,159 |
| Total Revenue | $1,745,895 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,777 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $106,603 |
| Total operating and administrative expenses | $132,880 |
| Contributions, gifts, grants paid | $640,000 |
| Total expenses and disbursements | $772,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $417,190 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,424,501 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $356,260 |
| Total liabilities | $356,260 |
Grants Awarded
Over the last fiscal year, The Td & Ma Omalley Foundation Inc has awarded $640,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE PURPOSE: TO SUPPORT THE GROWTH AND EDUCATION OF DIVERSE CULTURAL AND SOCIO-ECONOMIC BACKGROUNDS. | $100,000 |
BRUNSWICK SCHOOL PURPOSE: TO SUPPORT THE BOOKSTORE NEEDS OF FINANCIAL-AID STUDENTS | $100,000 |
CANCER ALLIANCE FOR HELP AND HOPE PURPOSE: TO PROVIDE COMFORT AND HELP THROUGH VIBERANT PROGRAMS FOR BASKETS, FOOD AND FULE GIFTCARDS, WIGS AND WAP, AND CHILDREN'S SCHOOL SUPPLIES. | $10,000 |
FOUNDATIONS IN EDUCATION PURPOSE: TO STRENGTHEN AND TRANSFOR THE MISSION OF CATHOLIC EDUCATION. | $100,000 |
CARDINAL NEWMAN HIGH SCHOOL PURPOSE: TO CONTRIBUTE TO THE COMMUNITY THAT HAS COMMITED ITSELF TO THE PRINCIPALS OF CATHOLIC EDUCATION AND ACADEMIC EXCELLENCE. | $100,000 |
GREENWICH COUNTRY DAY SCHOOL PURPOSE: TO SUPPORT THE COEDUCATIONAL FAMILY SCHOOL AND THEIR PROMOTION OF VALUES AND STANDARDS IN | $50,000 |