Healey Family Foundation
- Assets
- $22.1m
- Revenue
- $2.4m
- Investments
- $8.3m
- Employees
- 0
- Location
- Madison, NJ
- Founding
- 10/1990
- Data as of
- 12/2022
- EIN
- 13-3531967
Organization Overview
Healey Family Foundation is located in Madison, NJ. The organization was established in 1990. 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. Healey Family Foundation 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 12/2022, Healey Family Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Healey Family Foundation has awarded 328 individual grants totaling $3,632,594. 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
2022
Describe the Organization's Program Activity:
PLEASE NOTE THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER
INTERNAL REVENUE CODE SECTION 501(C)(3).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Hudson Executive Director | 9.2 | $0 | |
John Hagerty Trustee/part-Time | 1 | $0 | |
Megan M Healey Trustee/part-Time | 1 | $0 | |
Megan H Hagerty Trustee/part-Time | 1 | $0 | |
Margaret S Healey Trustee/part-Time | 1 | $0 | |
Thomas J Healey Trustee/part-Time | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $187,035 |
| Dividends & Interest | $97,257 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,332,006 |
| Capital Gain Net Income | $1,332,006 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $788,968 |
| Total Revenue | $2,405,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $358 |
| Taxes | $58,225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $283,555 |
| Total operating and administrative expenses | $645,799 |
| Contributions, gifts, grants paid | $1,896,028 |
| Total expenses and disbursements | $2,541,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,879,000 |
| 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 | $33,778 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,977,446 |
| Total assets | $22,123,566 |
| 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 | $22,087 |
| Total liabilities | $22,087 |
Grants Awarded
Over the last fiscal year, Healey Family Foundation has awarded $1,896,028 in support to 166 organizations.
| Grant Recipient | Amount |
|---|---|
ALL-IN-MILWAUKEE PURPOSE: GENERAL SUPPORT | $2,500 |
AMERICA MEDIA PURPOSE: GENERAL SUPPORT | $15,000 |
A BETTER CHANCE PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: GENERAL SUPPORT | $1,000 |
AMERICAN FEDERATION FOR CHILDREN PURPOSE: GENERAL SUPPORT | $1,000 |
ASSUMPTION COLLEGE FOR SISTERS PURPOSE: GENERAL SUPPORT | $2,500 |