Thomas R Odonnell Scholarship Fund Inc
- Assets
- $1.6m
- Revenue
- $118.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Great Neck, NY
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 45-4635365
Organization Overview
Thomas R Odonnell Scholarship Fund Inc is located in Great Neck, NY. The organization was established in 2013. 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. Thomas R Odonnell Scholarship Fund 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 12/2022, Thomas R Odonnell Scholarship Fund Inc generated $118.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $13.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thomas R Odonnell Scholarship Fund Inc has awarded 211 individual grants totaling $1,044,260. 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.
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 |
|---|---|---|---|
Thomas J O'donnell Chairman | 1 | $0 | |
Frank Connolly Jr Secretary | 1 | $0 | |
Brian Salomone Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,962 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,581 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,947 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,998 |
| Total Revenue | $118,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$133,543 |
| Total operating and administrative expenses | -$122,764 |
| Contributions, gifts, grants paid | $135,773 |
| Total expenses and disbursements | $13,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,088 |
| Savings and temporary cash investments | $13,605 |
| 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 | $367,095 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,642 |
| Total assets | $1,635,114 |
| 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, Thomas R Odonnell Scholarship Fund Inc has awarded $135,773 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BEN STROL PURPOSE: MCGILL UNIVERSITY | $10,000 |
LUCINDA STROL PURPOSE: SYRACUSE UNIVERSITY | $5,000 |
KAYLEY DECINA PURPOSE: SYRACUSE UNIVERSITY | $10,000 |
JAMES NORIZSAN PURPOSE: NASSAU COMMUNITY COLLEGE | $3,165 |
GARY YANDER PURPOSE: SUFFOLK COMMUNITY COLLEGE | $3,236 |
ISABELLA LIBERATI PURPOSE: MARYMOUNT MANHATTAN COLLEGE | $5,000 |