Connelly Family Foundation

NEWPORT BEACH, CA EIN: 33-0783714

The Connelly Family Foundation is a private grantmaking foundation based in Newport Beach, California. Established in 1997 and tax-exempt since November 1998, the foundation operates as a California nonprofit public benefit corporation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$532K

-2.4% YoY

Annual Giving

$373K

-6.5% YoY

Grant Count

62

-3.1% YoY

Avg Grant Size

$6K

-3.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation is an invite-only funder that does not accept unsolicited applications.

Grant Range

$2,000

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Geographic Focus

Where this funder awards grants

The foundation's grant-making activities focus primarily on California, New York, and Idaho.

Grant Distribution by State

16states
+8 more states

Cities

AmagansettArlingtonAvalonBalboa IslBoiseBonneBrooklynCold SpringColumbusCorona Del MarCosta MesaDenverEast HamptonHaileyIrvinIrvinceIrvineIrvingJacksonvilleKetchum

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $532,063
  • Total revenue: $960,000
  • Total expenses: $392,000
  • Total liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$264K$528K$792K$1M201920202021202220232024
Metric202420232022
Total Assets$532,063$545,093$538,768
Revenue$960,143$415,391$289,369
Expenses$391,938$409,066$343,080
Qualifying Distributions$379,885$405,938$330,060
Net Investment Income$349,137$412,264$276,349
Distributable Amount$630,233$489,578$444,147

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$299K$399K1 grants20191 grants20201 grants202161 grants202264 grants202362 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ORANGE COUNTY MUSEUM OF …$100KHOAG HOSPITAL FOUNDATION$68KECOLOGY CENTER$31KGARDEN CONSERVANCY$18KKIDWORKS$13KAUGIE'S QUEST$13KBALLET SUN VALLEY$10KTROUT UNLIMITED$10KBABY2BABY$10KVILLANOVA UNIVERSITY$6K

Grant Size Distribution

152 grants across all recorded years

145<$50K3$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key individuals involved in the foundation's governance include:

  • Diane Akerman Connelly (Newport Beach, CA) — Chief Executive Officer and Chief Financial Officer
  • James Michael Connelly (Newport Beach, CA) — Secretary
  • Anne Akerman Burger (Costa Mesa, CA) — Registered Agent

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DIANE CONNELLYPRESIDENT11
JAMES M CONNELLYSECRETARY1

Contact Information

Principal Address: 321 Pirate Road Newport Beach, CA 92663

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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