Deerfield Partnership Foundation
- Assets
- $16.8m
- Revenue
- $8.3m
- Investments
- $13.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 05-0618950
Organization Overview
Deerfield Partnership Foundation is located in Wilmington, DE. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deerfield Partnership Foundation 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 12/2021, Deerfield Partnership Foundation generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 5 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.
Since 2016, Deerfield Partnership Foundation has awarded 154 individual grants totaling $18,203,235. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
COVID-19 FRONT LINE ASSISTANCE - BUYING FOOD FROM LOCAL RESTAURANTS AND TO PROVIDE MEALS TO STAFF AT HOSPITALS AND MEDICAL CENTERS WHO ARE WORKING TO FIGHT COVID-19
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Veich Pres, Dir | 38 | $441,500 | |
Jana Jensen Dir, VP | 1 | $0 | |
Kerri Seacord Treas, VP | 1 | $0 | |
Robert Snetiker Dir, Sec | 1 | $0 | |
Andrew Elbardissi Pres*, Dir | 1 | $0 | |
James Flynn Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
U3 Advisors Inc | 12/30/21 | $114,819 |
Katten Muchin Roseman Llp | 12/30/21 | $83,194 |
Foundation Source | 12/30/21 | $62,360 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $803,295 |
| Interest on Savings | $5,950 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,590,358 |
| Capital Gain Net Income | $6,605,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $882,867 |
| Total Revenue | $8,282,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $441,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,076 |
| Interest | $0 |
| Taxes | $55,230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,350 |
| Printing and publications | $0 |
| Other expenses | $214,150 |
| Total operating and administrative expenses | $978,121 |
| Contributions, gifts, grants paid | $3,594,352 |
| Total expenses and disbursements | $4,572,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,802,780 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,966,822 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,769,602 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Deerfield Partnership Foundation has awarded $3,594,352 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Alamo, CA PURPOSE: GENERAL & UNRESTRICTED | $342,000 |
INSTITUTE FOR LIFE CHANGING MEDICINES PURPOSE: GENERAL & UNRESTRICTED | $333,333 |
Nashville, TN PURPOSE: TO SUPPORT INCREASE IN ACCESS TO LIFE SAVING INTERVENTIONS; OHI EXPANSION; NATIONAL POLICY CHANGE | $300,000 |
MANJUSHREE CHARITABLE SOCIETY PURPOSE: TO IMPROVE QUALITY OF LIFE, HEALTHCARE AND EDUCATION FOR CHILDREN LIVING AT MANJUSHREE | $300,000 |
Medway, MA PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
Bronx, NY PURPOSE: TP PROVIDE SCHOOL-BASED HEALTH CARE TO STUDENTS AND THEIR FAMILIES | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Deerfield Partnership Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Slattery Family Foundation Inc Rye, NY PURPOSE: TO SUPPORT AND PROVIDED LIFE SAVING MEDICINES AND MEDICAL SERVICES FOR THOUSANDS OF CHILDREN. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |