NonprofitsThe Michael A J Farrell Foundation Inc

Education

The Michael A J Farrell Foundation Inc

SUMMIT, NJ

Total revenue

$12.0M

Total expenses

$605K

Net assets

$13.4M

Grants received

$75K

2 grants

EIN

311714697

Tax year

2024

Mission

Raise funds to support the education mission of preparatory schools such as The Oratory School of Summit,NJ and institutions of higher education and other education endeavors.

Financials

FY 2024

Revenue

Contributions & grants$9.1M
Program service revenue
Investment income$2.9M
Other revenue
Total revenue$12.0M

Expenses

Grants paid$467K
Salaries & benefits
Fundraising
Other expenses$138K
Total expenses$605K
Total assets$14.5M
Net assets$13.4M

People

4 listed

NameRoleCompensation

CAROLYN FERROLITO

Trustee

Board

10 hrs/wk

KEVIN DONNELLY

Trustee

Board

20 hrs/wk

KEVIN R GREENE

President

Board

10 hrs/wk

MARY R FARRELL

Trustee

Board

10 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$25K
COMMUNITY & HUMAN SERVICES
2019
$50K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$75K from 2 funders · 2 grants · 2017–2019

National Philanthropic Trust

$50K · 1 grant · 2017

The Ayco Charitable Foundation

$25K · 1 grant · 2019

Details

EIN311714697
NTEE codeB112
Subsection03
Ruling date2000-11
Formed2000
Employees0
THE MICHAEL A J FARRELL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo