James J Oconnell Fund is located in Pennington, NJ. The organization was established in 0000. 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.
For the year ending 12/2023, James J Oconnell Fund generated $77.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $489.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, James J Oconnell Fund has awarded 79 individual grants totaling $1,300,146. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Estate Of Jack Borrus ESQ Prior Trustee | 5 | $0 | |
Bank Of America N A Trustee | 2 | $17,571 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $102,740 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26,333 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $768 |
| Total Revenue | $77,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,759 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $249,425 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,260 |
| Total operating and administrative expenses | $299,444 |
| Contributions, gifts, grants paid | $189,640 |
| Total expenses and disbursements | $489,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $522 |
| Savings and temporary cash investments | $221,733 |
| 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 | $614,226 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,068,847 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, James J Oconnell Fund has awarded $189,640 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CANAVAN FOUNDATION INC PURPOSE: GENERAL OPERATING | $9,482 |
PRINCETON CHILD DEVELOPMENT INSTITUTE PURPOSE: GENERAL OPERATING | $9,482 |
DEBORAH HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING | $9,482 |
ST PETERS FOUNDATION PURPOSE: GENERAL OPERATING | $18,964 |
PRINCETON HEALTHCARE SYSTEM FOUNDATION I PURPOSE: GENERAL OPERATING | $18,964 |
THE RWJ UNIVERSITY HOSPITAL FOUNDATION I PURPOSE: GENERAL OPERATING | $75,856 |