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Delaware Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222804785 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Delaware Community Foundation Inc?

Delaware Community Foundation Inc is a Wilmington-based nonprofit organization dedicated to enhancing the lives of Delaware residents by fostering philanthropy and channeling charitable resources effectively. In the fiscal year ended June 30, 2022, they granted over $31 million to local nonprofits and students from donor-advised funds, along with $478,900 in scholarships and $669,236 in direct grants. Their mission is to empower and grow philanthropy in Delaware, with a vision of expanding opportunities for all and enhancing the common good. The Delaware Community Foundation acts as a facilitator, information resource, and manager of charitable funds, helping communities and philanthropists focus their resources for the greatest community benefit statewide. With a team of 32 employees, they have awarded millions in grants and program expenses, making a significant impact on Delaware's communities.


Official website here: www.delcf.org

Is Delaware Community Foundation Inc legitimate?

Delaware Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $286,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.delcf.org

What is the mission statement of Delaware Community Foundation Inc?

The Delaware Community Foundation Inc is dedicated to enhancing the lives of Delaware's people by fostering and expanding philanthropy. Through knowledge and relationships, this organization envisions a Delaware where generosity broadens opportunities for all and improves the common good. As a facilitator, information resource, and manager of charitable funds, the Delaware Community Foundation helps communities and philanthropists channel charitable resources effectively for maximum community benefit statewide.


Official website here: www.delcf.org

Who is the CEO of Delaware Community Foundation Inc?

John Stuart Comstock-Gay is the President & Ceo of Delaware Community Foundation Inc. The CEO's salary of Delaware Community Foundation Inc is $292,018 and their total compensation is $363,171.


Official website here: www.delcf.org

What is the revenue of Delaware Community Foundation Inc?

Delaware Community Foundation Inc's revenue in 2022 was $55,764,041.


Official website here: www.delcf.org

Who are the executives of Delaware Community Foundation Inc and what are their salaries?

The average compensation at Delaware Community Foundation Inc during 2022 was $8,950. There are 32 employees and 79 volunteers at Delaware Community Foundation Inc.

Here are 22 key members and their salaries (Delaware Community Foundation Inc's CEO's salary is $292,018 and their total compensation is $363,171):

    John Stuart Comstock-Gay (President & Ceo)
  • Compensation: $292,018
  • Related: $0
  • Other: $71,153

    • Ashley R Altschuler Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claire Dematteis (Board Member (Until 12/31/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William C Dugdale (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew N Fennell (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly E Firment (Immediate Past Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lossie Freeman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chanta Howard-Wilkinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter S Kennedy (Board Member (Eff. 1/1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Lambrow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Tamika Montgomery-Reeves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald W Nicholson Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louisa Phillips (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vita Pickrum Ed D Cfre (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas L Sager Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Singleton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Gregory M Sleet Ret (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy L Szabo Esq (Corp. Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle A Taylor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Lopez Waite (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Willson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas D Wren (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.delcf.org

    Where can I find the form 990 for Delaware Community Foundation Inc?

    The Delaware Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.delcf.org

    Learn more at the official website: www.delcf.org

    Mission Statement of Delaware Community Foundation Inc

    Delaware Community Foundation Inc, a philanthropic organization, strives to enhance the lives of Delaware's people by fostering and expanding philanthropy. Through the power of knowledge and relationships, the Foundation acts as a facilitator and manager of charitable funds, enabling communities and philanthropists to focus their charitable resources for the greatest community benefit statewide. The organization envisions a Delaware where generosity broadens opportunities for all and strengthens the common good. As a knowledgeable resource and connector, the Delaware Community Foundation empowers communities and philanthropists to make a lasting impact on the lives of Delaware's residents.

    Impact

    This information is meant to be a general summary of Delaware Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Delaware Community Foundation Inc's impact is substantial in improving the lives of the people of Delaware. By empowering and growing philanthropy through knowledge and relationships, the foundation envisions a Delaware where generosity expands opportunity for all and enhances the common good. They serve as a facilitator, information resource, and manager of charitable funds, helping communities and philanthropists focus charitable resources for the greatest community benefit statewide.

    In the fiscal year ended June 30, 2022, the Delaware Community Foundation invested over $31 million in grants and program expenses to organizations and local students in Delaware. A significant portion of this amount was granted from donor-advised funds. Additionally, the foundation awarded $478,900 in scholarships to 194 students and $669,236 in direct grants to numerous Delaware organizations through their Community Impact Grants program. This impactful work contributes to building opportunities throughout the state and positively impacts the lives of many individuals and communities in Delaware.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,795,281
  • Program Service Revenue: $649,026
  • Gross Receipts: $127,317,407

    • Assets and Liabilities:
  • Total Assets: $330,206,079
  • Total Liabilities: $39,847,347
  • Net Assets: $290,358,732
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEE INCOME

    Revenue

    $401,345

    PROGRAM INCOME

    Revenue

    $247,681

    Organization Details

    Founding Year

    1986

    Principal Officer

    John Stuart Comstock-Gay

    Main Address

    PO BOX 1636, WILMINGTON, DE, 19899

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Delaware Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.