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Unidel Foundation Inc

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

EIN: 516015046 ✦ Greenville, DE ✦ Designated as a 501(c)(3)

Overview

What is Unidel Foundation Inc?

Unidel Foundation Inc, established in 1939 by Miss Amy du Pont in honor of her father Eugene du Pont, is a Delaware-based nonprofit organization. With a team of just two employees, the foundation's primary mission is to support and enhance the University of Delaware by granting funds to crucial areas, particularly those that are relatively weak and could significantly benefit from this assistance. The grants aim to reward and encourage areas of demonstrated achievement within the university. Unidel Foundation's focus is on promoting the University of Delaware through targeted grants.


Is Unidel Foundation Inc legitimate?

Unidel Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unidel 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: $115,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,078

For more financial information, click here


What is the mission statement of Unidel Foundation Inc?
Who is the CEO of Unidel Foundation Inc?
What is the revenue of Unidel Foundation Inc?
Who are the executives of Unidel Foundation Inc and what are their salaries?
Where can I find the form 990 for Unidel Foundation Inc?

Mission Statement of Unidel Foundation Inc

Unidel Foundation Inc, established in 1939 by Miss Amy Du Pont in honor of her father Eugene Du Pont, is a philanthropic organization with a primary mission to promote the University of Delaware. The foundation achieves this goal by making targeted grants to various purposes and programs within the university. Unidel Foundation's grants are strategically allocated to enhance the academic enrichment of the University of Delaware. These grants are aimed at improving relatively weak areas in important fields that can significantly benefit from such support. In addition, the foundation rewards and encourages areas of demonstrated achievement within the university. By providing grants, Unidel Foundation plays a crucial role in advancing the University of Delaware's academic pursuits and strengthening its standing in notable fields.

Impact

This information is meant to be a general summary of Unidel 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 impact of Unidel Foundation Inc is to significantly enhance the academic enrichment and overall quality of the University of Delaware through targeted grants. These grants are strategically allocated to strengthen areas of study that may be considered weaker within important fields, ultimately benefiting the university's educational programs and research initiatives. Additionally, Unidel Foundation Inc provides grants to acknowledge and incentivize areas of demonstrated achievement, fostering a culture of excellence and innovation within the institution. Through its focused support, Unidel Foundation Inc plays a crucial role in elevating the University of Delaware's academic standing and furthering its mission of educational excellence.





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: $18,814,889
  • Program Service Revenue: $0
  • Gross Receipts: $92,900,490

    • Assets and Liabilities:
  • Total Assets: $344,039,022
  • Total Liabilities: $6,554,223
  • Net Assets: $337,484,799
  • Organization Details

    Founding Year

    1939

    Principal Officer

    Margaret Bottorff

    Main Address

    3801 KENNETT PIKE 303C, GREENVILLE, DE, 19807

    NTEE Category

    Code: B110 - Education

    If you are a representative of Unidel 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.