John B & Audrey J Odonnell Foundation is located in Independence, OH. The organization was established in 2015. 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. John B & Audrey J Odonnell 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, John B & Audrey J Odonnell Foundation generated $177.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $141.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John B & Audrey J Odonnell Foundation has awarded 39 individual grants totaling $708,806. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $154,976 |
| Dividends & Interest | $7,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,266 |
| Capital Gain Net Income | $29,266 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$14,630 |
| Total Revenue | $177,111 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,128 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $367 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130 |
| Total operating and administrative expenses | $22,516 |
| Contributions, gifts, grants paid | $118,511 |
| Total expenses and disbursements | $141,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $914,371 |
| Savings and temporary cash investments | $62,692 |
| 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 | $631,500 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $201,510 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,413,343 |
| 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, John B & Audrey J Odonnell Foundation has awarded $118,511 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ST CHARLES BORROMEO CHURCH PURPOSE: PUBLIC CHARITY | $72,000 |
ST JUDE CHILDREN'S PURPOSE: PUBLIC CHARITY | $5,000 |
SHRINERS HOSPITAL PURPOSE: PUBLIC CHARITY | $5,000 |
SAVE A WARRIOR PURPOSE: PUBLIC CHARITY | $26,511 |
CORPUS CHRISTI CHURCH PURPOSE: PUBLIC CHARITY | $5,000 |
WEST SIDE CATHOLIC CENTER PURPOSE: PUBLIC CHARITY | $5,000 |