Foley Charitable Foundation
- Assets
- $1.2m
- Revenue
- $70.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 22-6868723
Organization Overview
Foley Charitable Foundation is located in Pennington, NJ. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Foley Charitable 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 12/2021, Foley Charitable Foundation generated $70.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $96.0k during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 5 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 2018, Foley Charitable Foundation has awarded 88 individual grants totaling $285,209. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America N A Trustee | 2 | $23,389 | |
Maura Polichano Co-Trustee | 2 | $0 | |
John P Foley Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,370 |
| Capital Gain Net Income | $45,370 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $418 |
| Total Revenue | $70,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,389 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $468 |
| Total operating and administrative expenses | $24,087 |
| Contributions, gifts, grants paid | $71,950 |
| Total expenses and disbursements | $96,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306 |
| Savings and temporary cash investments | $33,087 |
| 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 | $1,202,248 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,235,641 |
| 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 |
Grants Awarded
Over the last fiscal year, Foley Charitable Foundation has awarded $71,950 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL OPERATING | $13,000 |
Riverdale, NY PURPOSE: GENERAL OPERATING | $5,000 |
DOCTORS WITHOUT BORDERS USA INC PURPOSE: GENERAL OPERATING | $5,000 |
New York, NY PURPOSE: GENERAL OPERATING | $5,000 |
Dobbs Ferry, NY PURPOSE: GENERAL OPERATING | $5,000 |
HEIFER PROJECT INTERNATIONAL PURPOSE: GENERAL OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Citizen Of Burma Award Organization Inc Jackson Heights, NY | $195,993 | $9,716,460 |
Cullen Foundation Buffalo, NY | $115,865,929 | $16,357,498 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
David R & Patricia D Atkinson Foundation Princeton, NJ | $114,019,131 | $20,460,455 |
Danoff Fam Private Charitable Foundation Tr Albany, NY | $116,755,274 | $33,799,667 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Herbert Allen Foundation New York, NY | $9,223,512 | $1,023,254 |
Select Equity Group Foundation New York, NY | $25,414,802 | $25,600,265 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Mark And Anla Cheng Kingdon Fund New York, NY | $181,150,001 | $35,415,082 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
John And Patricia Klingenstein Fund New York, NY | $121,264,191 | $78,254,052 |