University Of Delaware Research Foundation Inc

Organization Overview

University Of Delaware Research Foundation Inc is located in Newark, DE. The organization was established in 1949. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Delaware Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, University Of Delaware Research Foundation Inc generated $618.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $455.5k during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GRANTS FOR RESEARCH TO THE UNIVERSITY OF DELAWARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH GRANTS TO UNIVERSITY OF DELAWARE TO FUND FACULTY RESEARCH PROJECTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Ms Karen Fletcher
President
$0
Mr Keith M Walter
Assistant Treasurer
$0
Mr Ray Wnenchak
Treasurer
$0
Dr Charles Riordan
Secretary (until 5/22)
$0
Dr Vicky L Funanage
Vice President
$0
Dr Karen M Bloch
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$125
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$125
Total Program Service Revenue$0
Investment income $421,295
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $197,300
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $618,720

Endowment Analysis

Beg. Balance$13,701,766
Earnings-$1,493,751
Admin Expense$5,450
Net Contributions$125
Grants$450,000
Ending Balance$11,752,690

Peer Organizations

Create an account to unlock the data you need.

or