Assheton for Delaware Art Museum 003169-000

Private foundation · Grantmaker Wilmington, DE EIN: 51-6012417

Assheton for Delaware Art Museum 003169-000 is a private foundation, based in Wilmington, DE. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $40K. Net investment income was $75K.

Key facts about Assheton for Delaware Art Museum 003169-000

In short: Assheton for Delaware Art Museum 003169-000 gave $40K across 1 grant in 2025 (avg $40K), mostly in Delaware. Source: 2025 IRS Form 990-PF.

EIN
51-6012417
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$39,662
Grants made (2025)
1
Average grant
$39,662
Median grant
$39,662
Total assets
$1,003,210
Primary geography
Delaware (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.0M

+1.8% YoY

Annual Giving

$40K

-3.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$40K

-3.8% YoY

Under IRS private-foundation payout rules, Assheton for Delaware Art Museum 003169-000 reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.

How Assheton for Delaware Art Museum 003169-000 gives

  • In 2025 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Wilmington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $40K (2025) to $41K (2024). In 2025 it made 1 grant totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Delaware Art Museum: $40KDelaware Art Museum$40K

The largest 2025 recipient was Delaware Art Museum ($40K).

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Delaware Art Museum Wilmington, DEGeneral Support$39,662

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2024 2025
Metric20252024
Total Assets$1,003,210$985,626
Revenue$85,394$68,621
Expenses$67,339$61,461
Qualifying Distributions$51,186$53,299
Net Investment Income$75,440$60,350
Distributable Amount$58,934$55,938

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2024 (received by the IRS November 9, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Assheton for Delaware Art Museum 003169-000's only listed officer is Wilmington Trust Company, Trustee on every filing since 2024 (compensated).

Officers on the 2025 filing

  • Wilmington Trust Company

    Trustee

    On filings since 2024

    1 hr/week

    $17K (2024) → $18K (2025)

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Wilmington Trust Company — Trustee: $18KWilmington Trust CompanyTrustee$18K

The highest reported compensation on the 2025 filing was $18K, to Wilmington Trust Company (Trustee).

Frequently asked questions about Assheton for Delaware Art Museum 003169-000

How much does Assheton for Delaware Art Museum 003169-000 give each year?

Assheton for Delaware Art Museum 003169-000 gave $40K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 1 grant.

How large is Assheton for Delaware Art Museum 003169-000?

Assheton for Delaware Art Museum 003169-000 reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Assheton for Delaware Art Museum 003169-000 operate?

Assheton for Delaware Art Museum 003169-000 has awarded grants in Delaware.

What is Assheton for Delaware Art Museum 003169-000's EIN?

Assheton for Delaware Art Museum 003169-000's EIN (Employer Identification Number) is 51-6012417. IRS Form 990 filing data is available on this page for 2024–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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