2022-08-08T12:37:54-05:00 2020-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990PF 2020-01-01 236296825 CONNELLY FOUNDATION CONN 6108343222 100 FRONT ST NO 1450 WEST CONSHOHOCKEN PA 19428 VALERIE MARTIN CFO CFO 6108343222 2022-08-08 1 VALERIE MARTIN CFO XXX-XX-XXXX KERRI N BOGDA CPA P00760402 7177404863 2022-08-08 X 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 342268357 X 52453 800736 800736 3168653 3168653 18759418 23890854 17117559 -301673 1293884 22479587 22380832 1450664 745888 687606 676191 247587 417007 577329 244807 340552 19923 10556 7905 59728 44796 14515 92742 92742 0 259842 48636 0 52843 20186 310746 118705 218300 18906 2002 16711 4523 457 4063 238741 67767 182328 3762178 1644129 1888987 16142527 15401000 19904705 1644129 17289987 2574882 20736703 5466605 2021725 2021725 14516 15368 15368 305468068 335821937 335821937 1018893 93931 106514 924962 924962 4188006 3484365 3484365 315243709 342268357 342268357 258537 301249 8336472 9077999 3627129 3658970 12222138 13038218 X 302802446 329054201 219125 175938 303021571 329230139 315243709 342268357 303021571 2574882 23633686 329230139 0 329230139 SHORT-TERM GAINS FROM PTNERSHIP P 924736 5180 919556 919556 LONG-TERM GAINS FROM PTNERSHIP P 4215391 108905 4106486 4106486 1231 GAIN FROM PASSTHROUGHS P 235528 18942 216586 216586 VANGUARD TOTAL STOCK INDEX P 18500000 6640268 11859732 11859732 VANGUARD TOTAL BOND INDEX P 15199 15199 15199 17117559 288240 0 288240 0 288240 298340 0 0 0 298340 X 0 10100 10100 0 0 0 0 0 0 0 0 0 1 1 0 1 1 PA 1 0 0 0 0 1 WWW.CONNELLYFDN.ORG, WWW.GUIDESTAR.ORG VALERIE MARTIN CFO 6108343222 100 FRONT ST STE 1450 WEST CONSHOHOCKEN PA 19428 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 JOSEPHINE C MANDEVILLE 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 CHAIR & TRUSTEE 16.00 152885 18000 0 EMILY C RILEY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 EVP & TRUSTEE 16.00 122308 14400 0 THOMAS A RILEY JR 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 PRESIDENT & TRUSTEE 40.00 355384 86975 0 CRAIG CARNAROLI 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(FINANCE/COMP COMM) 2.50 0 0 0 CHRISTINE C CONNELLY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(GOVERNANCE COMM) 2.00 26500 0 0 STEPHAN T CONNELLY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 FINANCE COMM MEMBER 0.50 2000 0 0 THOMAS S CONNELLY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE (GOVERNANCE COMM) 2.00 26500 0 0 ELEANOR DAVIS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(NOMIN./COMP COMM) 2.50 0 0 0 BRENDAN DELANY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE (NOMINATING COMM.) 2.00 17000 0 0 JAMES P GALLAGHER 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE (NOMIN./COMP COMM) 2.50 0 0 0 SCOTT M JENKINS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(FINANCE/AUDIT) 2.50 0 0 0 BARBARA RILEY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(NOMINATING COMM) 2.50 17000 0 0 MARY G DUDEN 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE(FINANCE/AUDIT) 2.50 20750 0 0 IRA BRIND 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE (FINANCE) 2.50 0 0 0 NICHOLAS CARDONE 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE (FINANCE/AUDIT) 2.00 20000 0 0 CELINE DELANY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE 2.00 16500 0 0 FRANCES T BURNS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 COO & SECRETARY 40.00 215313 53442 0 TIMOTHY J DURKIN 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 VICE PRESIDENT GRANTMAKING 40.00 183185 41664 0 VALERIE K MARTIN 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 CFO & TREASURER 40.00 225839 64017 0 CAROLINE MANDEVILLE 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE 2.00 16500 0 0 JULIE CONNELLY 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE 2.00 16500 0 0 BINNEY WIETLISBACH 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE 2.00 0 0 0 EMMA WILLIS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 TRUSTEE 2.00 16500 0 0 JOSEPH D FRANGIOSA 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 CONTROLLER 40.00 149837 29440 0 JENNIFER L CARROLL 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 PROGRAM OFFICER 40.00 111569 42839 0 KIMBERLY T PETERS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 OPERATIONS AND EXEC. 40.00 64496 34580 0 KIMBERLY W SIMMONS 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 PROGRAM OFFICER 32.00 70517 27507 0 NICOLE F DILUZIO 100 FRONT STREET SUITE 1450 W CONSHOHOCKEN PA 19428 GRANTS ADMINISTRATOR 40.00 65631 14698 0 1 CALLAN ASSOCIATES INC 1 DEFOREST AVE STE 101 SUMMIT NJ 07901 INVESTMENT CONSULTING 93692 BAKER TILLY US LLP 1650 MARKET ST SUITE 4500 PHILADELPHIA PA 19103 ACCOUNTING SERVICES 53606 0 0 299776861 1445685 3241847 304464393 0 0 304464393 4566966 299897427 14994871 14994871 288240 4063 292303 14702568 0 14702568 0 14702568 17289987 0 17289987 0 17289987 14702568 14137770 0 0 17289987 14137770 0 0 3152217 0 0 0 0 0 0 0 0 11550351 0 0 0 EMILY RILEY CONNELLY FOUNDATION 100 FRONT STREET SUITE 1450 WEST CONSHOHOCKEN PA 19428 6108343222 APPLICANTS MAY USE THE PHILANTHROPY NETWORK APPLICATION FORM. GUIDELINES MAY BE DOWNLOADED AT WWW.CONNELLYFDN.ORG. NONE GRANTS ARE PRIMARILY DIRECTED TO ORGANIZATIONS IN THE CITY OF PHILADELPHIA AND THE GREATER DELAWARE VALLEY REGION. SEE 2020 CASH GRANTS AWARDED SCHEDULE 100 FRONT STREET WEST CONSHOHOCKEN PA 19428 NONE PC EDUCATION 6260640 SEE 2020 CASH GRANTS AWARDED SCHEDULE 100 FRONT STREET WEST CONSHOHOCKEN PA 19428 NONE PC HEALTH & HUMAN SERVICES 6658285 SEE 2020 CASH GRANTS AWARDED SCHEDULE 100 FRONT STREET WEST CONSHOHOCKEN PA 19428 NONE PC CIVIC & CULTURE 2482075 15401000 AMERICAN BIBLE SOCIETY NORTH INDEPENDENCE MALL 101 EAST FL 8 PHILADELPHIA PA 19106 NONE PC GENERAL SUPPORT 50000 HOLY CHILD SCHOOL AT ROSEMONT 1344 MONTGOMERY AVE BRYN MAWR PA 19010 NONE PC GENERAL SUPPORT 500000 THOMAS JEFFERSON UNIVERSITY 901 WALNUT STREET PHILADELPHIA PA 19107 NONE PC GENERAL SUPPORT 1500000 2050000 14 800736 14 3168653 525990 525990 22498 18435247 22498 22404636 0 22427134 0 0 0 0 0 0 0 0 0 0 X X 1 DANIEL J HILFERTY 220 CEDARBROOK ROAD ARDMORE PA 19003 10000 X 2 INDEPENDENCE BLUE CROSS 1901 MARKET STREET PHILADELPHIA PA 19103 32500 X ACCOUNTING FEES 59728 44796 14515 THE ANDALUSIA FOUNDATION 1237 STATE ROAD BOX 158 ANDALUSIA PA 19020 2020-12-15 5000 TO PRESERVE AND MAINTAIN THE ANDALUSIA HISTORIC HOUSE. 5000 TO THE GRANTOR'S KNOWLEDGE, THE GRANTEE HASN'T DIVERTED ANY PORTION OF FUNDS 3/25/2021 EXPLANATION FOR NETTING PARTNERSHIP INCOME WITH GAINS FOR EFILING PURPOSES PART XVI-A PART XVI-A REPRESENTS THE INCOME FROM PART I. COLUMN (A) AS A BREAKDOWN OF THE DIFFERENT TYPES OF INCOME BY LINE. DUE TO SOFTWARE LIMITATIONS, WE CANNOT ACCURATELY REPRESENT THE PARTNERSHIP INCOME DUE TO THE NATURE OF THE INCOME/LOSS. THE ORDINARY INCOME/LOSS IS NETTED WITH THE CAPITAL GAINS ON PART XVI-A TO ENSURE THE FORM 990PF CAN BE FILED ELECTRONICALLY. PLEASE SEE BELOW FOR THE ACTUAL BREAKDOWN. COLUMN (B) COLUMN (D)LINE 7 OTHER INVESTMENT INCOME (110,529) (191,144)LINE 8 GAINS FROM SALE OF SECURITIES 133,027 18,626,391 MUTUAL FUNDS-DOMESTIC EQUITY FMV 114881830 114881830 MUTUAL FUNDS-INTERNATIONAL EQUITY FMV 38454653 38454653 MUTUAL FUNDS - BONDS FMV 12635293 12635293 INVESTMENTS IN LIMITED PARTNERSHIPS FMV 169834110 169834110 OTHER INVESTMENTS FMV 16051 16051 LEGAL FEES 19923 10556 7905 ACCRUED INTEREST RECEIVABLE 26995 21280 21280 OTHER RECEIVABLES 2112574 1496907 1496907 RIGHT OF USE ASSETS 2048437 1914006 1914006 ACCRUED STATE TAX RECEIVABLE 52172 52172 INSURANCE 36721 14027 23293 PROFESSIONAL SERVICES/FEES 138244 34731 107779 DUES 10407 1058 9349 OFFICE SUPPLIES 21900 7610 18632 TELEPHONE 15770 6024 9126 OTHER 2043 780 1263 FOOD/ENTERTAINMENT 12088 3037 11887 POSTAGE 1568 500 999 BPG INVESTMENT VII-A 3759 3759 3759 BPG INVESTMENT VIII-A -20 -18 -20 BPG MULTI-FAMILY -90 -90 -90 ENDOWMENT VENTURE PARTNERS V -1315 -1315 -1315 EQUUS INVEST PARTNERSHIP X, LP 77739 -7089 77739 EQUUS INVEST PARTNERSHIP XI, LP -47892 -7400 -47892 FIR TREE INTERNATIONAL VALUE FUND -553 -553 -553 LL CAPITAL PARTNERS II PARALLEL -30000 -30000 -30000 LL MORTGAGE FUND -130145 -130145 -130145 PERMIT CAPITAL SERIES L -982 -982 -982 PORTFOLIO ADVISORS REAL ESTATE IV -67778 -36525 -67778 PORTFOLIO ADVISORS REAL ESTATE V -149605 -115452 -149605 PORTFOLIO ADVISORS REAL ESTATE VI -205603 -167574 -205603 SHIFT NEIGHBORHOOD FUND -115360 -115360 -115360 TALL CELL 15585 15585 15585 TIFF KEYSTONE 471901 518132 471901 WHITEHALL STREET REAL ESTATE L.P. XI -734 -734 -734 WHITEHALL STREET REAL ESTATE L.P. XII -280 0 -280 MAKENA PERPETUAL PRIVATE EQ. FUND -96097 -95049 -96097 MAKENA PERPETUAL VENTURE CAPITAL FUND -21742 -17873 -21742 FIR TREE INTERNATIONAL VALUE FUND II -2461 -2461 -2461 PFIC DISTRIBUTIONS 0 1485028 0 BOOK/TAX DIFFERENCE ON ALTERNATIVE INVESTMENT INCOME 15685092 UNREALIZED GAINS FOR 2020 7948594 DEFERRED FEDERAL EXCISE TAX PAYABLE 1113000 1223000 FEDERAL TAXES PAYABLE 65 13730 OFFICE LEASE LIABILITY 2514064 2422240 INVESTMENT FEES 92742 92742 0 THIS FORM 990-PF IS BEING ELECTRONICALLY FILED ON AUGUST 8, 2022 AS A RESULT OF A PAPER FILED RETURN NOT BEING ACCEPTED BY THE IRS. NOTE THAT THE FORM 990-PF WAS ORIGINALLY FILED TIMELY, WITH AN EXPLANATION AS TO THE SOFTWARE LIMITATIONS THAT DID NOT ALLOW FOR THE RETURN TO BE ELECTRONICALLY FILED AT THE TIME. WE ATTEMPTED TO WORK WITH OUR SOFTWARE PROVIDER BUT THE SOFTWARE PROVIDER COULD NOT OVERRIDE THE DIAGNOSTIC. WE THEN WORKED OUT A WAY TO SHOW THE CORRECT TOTAL ON PART XVI-A BY NETTING LINES 7 AND 8 AND INCLUDED AN EXPLANATION ON THE RETURN TO EXPLAIN HOW THE INCOME SHOULD BE REPORTED SEPARATELY, AS ORIGINALLY STATED. ALTHOUGH WE WOULD PREFER TO REPORT THE INCOME ON THE SEPARATE LINES AS NORMALLY DONE, WE FEEL THIS IS THE NEXT BEST SOLUTION.PLEASE WAIVE ANY LATE FILING PENALTIES DUE TO REASONABLE CAUSE. NOTE THAT IN THE PAST THE IRS HAS ACCEPTED PAPER RETURNS WHEN THERE WAS A SOFTWARE LIMITATION. FOREIGN TAXES 48636 48636 0 EXCISE TAX EXPENSE 211206 0 0