Connelly Foundation
Foundation, based in W Cnshohocken, Pennsylvania, reporting $362M in assets.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. No dated change on record yet.
5 more people, 2 more managers and 13 more commitments
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People to know
View all people- Chair of the Board of Trustees; President, Connelly FoundationWhy: Runs the firm (chief executive or president)No route on file yet
- Executive Vice President/COOWhy: Runs the firm (chief executive or president)No route on file yet
- ControllerWhy: Controller at the firmNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Tom RileyChair of the Board of Trustees; President, Connelly Foundation
- Alicia DefoneyController
- Fran BurnsExecutive Vice President/COO
- LL CAPITAL PARTNERS II PARALLEL, LP1 commitment
- MATTERHORN CAPITAL PARTNERS, LP1 commitment
- MAKENA PERPETUAL PRIVATE EQUITY FUND, LP1 commitment
- LL Funds2 commitments
- Makena Capital Management, LLC2 commitments
- Tweedy, Browne Company LLC1 commitment
Relationship network
29 connected entities16 observed commitments2 repeat counterparties5 dated commitments shown here, 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Person
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesFoundation · EIN 236296825ShowHide
Allocation policy
- PORTFOLIO ADVISORS (OFFSHORE) PRIVATE EQUITY FUND III, LP $37,918
- PORTFOLIO ADVISORS PRIVATE EQUITY FUND IV (OFFSHORE), LP $53,436
- PORTFOLIO ADVISORS PRIVATE EQUITY FUND IX (OFFSHORE), LP $5.5M
- PORTFOLIO ADVISORS PRIVATE EQUITY FUND V (OFFSHORE), LP $1.3M
- PORTFOLIO ADVISORS PRIVATE EQUITY FUND VIII (OFFSHORE), LP $3.8M
- PORTFOLIO ADVISORS REAL ESTATE FUND IV, LP $106,230
- PORTFOLIO ADVISORS REAL ESTATE FUND V, LP $203,972
- PORTFOLIO ADVISORS REAL ESTATE FUND VI, LP $3.4M
Consultants and advisers
Decision makers
No one at this allocator holds a chief investment officer, executive director or asset-class head role on record yet; the people named here are listed below by function.
Who else at this allocator · 3 people, grouped by function
- Tom Riley · Chair of the Board of Trustees; President, Connelly FoundationWhy this person: Runs the firm (chief executive or president)
- Fran Burns · Executive Vice President/COOWhy this person: Runs the firm (chief executive or president)
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
People
- Tom Riley Chair of the Board of Trustees; President, Connelly FoundationBoard chair
- Alicia Defoney ControllerOther
- Fran Burns Executive Vice President/COOOther
+5 more people on the investment staff and board
Every name, title and published role at this allocator, with the page it was read from.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Manager roster
- LL Funds2 rows, latest Dec 31, 2024
- Makena Capital Management, LLC2 rows, latest Dec 31, 2024
- Tweedy, Browne Company LLC1 row, latest Dec 31, 2024
+2 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | LL CAPITAL PARTNERS II PARALLEL, LP | LL Funds | Private equity | $4.9M held | 2019 | Disclosed holding | apps.irs.gov |
| as of Dec 31, 2024 | TWEEDY, BROWNE INTERNATIONAL VALUE FUND | Tweedy, Browne Company LLC | Private equity | $18.7M held | Disclosed holding | apps.irs.gov | |
| as of Dec 31, 2024 | MATTERHORN CAPITAL PARTNERS, LP | Matterhorn Capital Advisors, LLC | Private equity | $11.4M held | Disclosed holding | apps.irs.gov |
+13 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Size and funding
Provenance
Provenance
Not yet on record: private markets allocation target.
Connelly Foundation is the same institution as 1 record in Family Offices.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Connelly Foundation sits on 4 traced paths of capital across the graphs.
DFX traced 4 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
›Connections
every published relationship on the graph
+11 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.