Drew O Donoghue Fund Inc is located in Whitehouse Station, NJ. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public 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. Drew O Donoghue 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 03/2024, Drew O Donoghue Fund Inc generated $104.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $187.6k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SUPPORTED THE FIGHT AGAINST ACC BY DONATING PROCEEDS FROM FUNDRAISING EVENTS AND INDIVIDUAL CONTRIBUTIONS TO THE 2 LEADING ACC RESEARCH FACILITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean O'donoghue Trustee | 20 | $0 | |
Lisa O'donoghue Trustee | 20 | $0 | |
Patrick O'donoghue Trustee | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,779 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,853 |
| Other Revenue | $0 |
| Total Revenue | $104,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $513 |
| Other expenses | $6,473 |
| Total expenses | $187,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,385 |
| Other assets | $0 |
| Total assets | $116,385 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,385 |
Over the last fiscal year, Drew O Donoghue Fund Inc has awarded $90,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MICHIGAN PURPOSE: ACC RESEARCH | $45,000 |
MEMORIAL SLOAN KETTERING CANCER PURPOSE: ACC RESEARCH | $45,000 |