Leonetti / O'Connell Family Foundation is an independent non-profit organization located in Los Angeles, California. Established in 1993, the foundation primarily provides grants for programs in education for all ages in the Los Angeles County and Southern California region. The foundation is a successor to the Caroline Leonetti Ahmanson Foundation and focuses in the areas of arts and culture, children's hospital care, diseases, education, human services, and science. The assets of the foundation are managed and governed by the board of trustees.Leonetti Oconnell Family Foundation's investment portfolio is valued at $72.08 million, with investments in domestic and international equities, alternatives, and cash.