Delaware Atlantis Foundation
Delaware Atlantis Foundation is a private foundation based in Pennington, New Jersey. In 2025, it reported 12 grants totaling $9,891,700; the listed grants went primarily to organizations in Delaware.
Delaware Atlantis Foundation at a glance
In short: Delaware Atlantis Foundation gave $9.9M across 12 grants in 2025 (avg $824K), mostly in Delaware. 42% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $9,891,700
- +77.7% vs 2024
- Grants made (2025)
- 12
- +71.4% vs 2024
- Average grant
- $824,308
- +3.7% vs 2024
- Median grant
- $125,000
- Total assets
- $213,280,216
- +1.1% vs 2024
- New grantees (estimate)
- 42% first-time grantees (5 of 12, 2025; small sample)
- Primary geography
- Delaware (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Delaware Atlantis Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states on its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1532 Aft, Pennington, NJ 08534
Phone: (888) 866-3275
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Delaware Atlantis Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Beebe Healthcare Medical Foundation ($5.3M). Together the top 10 received $9.8M.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was in the $100–250K range: 8 grants of 35 (23%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in Delaware, 2% to recipients in Washington, D.C., and 1% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
Cities
Is Delaware Atlantis Foundation open to new grantees?
42%
first-time grantees, 2025
In 2025, 5 of 12 grantees (42%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $1.1M; repeat grants $592K. How we count
Medians: $100K first-time, $150K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 819% from 2022 to 2025. Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $779K (2020) to $9.9M (2025). In 2025 it made 12 grants totaling $9.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beebe Healthcare Medical Foundation Lewes, DE | Cancer Ctr, Res Physicians, | $5,350,000 |
| University of Delaware Newark, DE | Creamery, Botanic GDN, | $2,351,000 |
| Nemours Children's Health Wilmington, DE | Milford Clinic Expansion | $800,000 |
| Delaware Community Foundation Wilmington, DE | Atlantis Fund | $640,700 |
| Blood Center United Washington, DC | Patient Support Fund | $200,000 |
| Children's Beach House Lewes, DE | Child Development Ctr | $150,000 |
| La Red Health Center Inc Georgetown, DE | Unrestricted General | $100,000 |
| Delaware Technical Educational Fdn Dover, DE | Nursing Scholarships | $100,000 |
| United Service Organizations Arlington, VA | Dover, Delaware Programs | $50,000 |
| Delaware Botanic Gardens Ocean View, DE | Unrestricted General | $50,000 |
Ready to take the next step with Delaware Atlantis Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $213,280,216 | $14,495,843 | $12,264,614 | $9,891,700 | 12 | $10,839,555 | $12,547,628 | $12,068,038 |
| 2024 | $210,865,169 | $64,294,470 | $7,483,505 | $5,565,000 | 7 | $6,463,259 | $23,972,125 | $10,799,673 |
| 2023 | $152,799,137 | $146,683,834 | $2,323,676 | $1,013,000 | 5 | $1,464,707 | $18,394,074 | $5,987,735 |
| 2022 | $23,326,111 | $1,196,419 | $1,518,014 | $1,076,000 | 8 | $1,359,514 | $1,072,576 | $1,294,426 |
| 2021 | $23,684,254 | $2,960,241 | $1,355,129 | $913,000 | 3 | — | $2,828,337 | $1,364,399 |
| 2020 | $21,946,390 | $1,596,855 | $1,187,078 | $779,000 | 4 | — | $1,492,247 | $1,185,394 |
Under IRS private-foundation payout rules, Delaware Atlantis Foundation reported a distributable amount of $12.1M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for healthcare, education, community, and other organizations. For example, La Red Health Center says it provides healthcare to medically underserved, uninsured, and underinsured residents of Sussex County, Delaware. Children’s Beach House says it works to improve the lives of children, youth, families, and communities by helping them identify and use their strengths and resources. Delaware Community Foundation describes its mission as strengthening Delaware by maximizing community-based philanthropy.
Grantmaking
In 2025, the foundation made 12 grants totaling $9,891,700. Grant amounts ranged from $50,000 to $5,350,000, with a median of $125,000. The largest grants included $5,350,000 to Beebe Healthcare Medical Foundation for a cancer center and research physicians, $2,351,000 to the University of Delaware for a creamery and botanic garden, $800,000 to Nemours Children’s Health for a Milford clinic expansion, and $640,700 to Delaware Community Foundation for the Atlantis Fund.
Other listed 2025 grants included $200,000 to Blood Center United for a patient support fund; $150,000 to Children’s Beach House for a child development center; $100,000 to La Red Health Center for unrestricted general support; and $100,000 to Delaware Technical Educational Foundation for nursing scholarships.
Leadership & Key People
Leadership team and compensation from IRS filings
Charles P. Townsend III was listed as trustee on the 2025 filing.
Delaware Atlantis Foundation is led by Charles P. Townsend III, Trustee since 2023 (on filings since 2020) — the only officer listed, and compensated.
Officers on the 2025 filing
Charles P. Townsend III
Trustee
Co-Trustee → Trustee, 2023
On filings since 2020
15 hrs/week
$100K (2020) → $250K (2025)
Former officers (1)
- Former: Sherman L. Townsend (2020–2022) — Co-Trustee
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $250K, to Charles P Townsend III (Trustee).
Frequently asked questions about Delaware Atlantis Foundation
How much does Delaware Atlantis Foundation give each year?
Delaware Atlantis Foundation gave $9.9M across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5.6M across 7 grants.
What is Delaware Atlantis Foundation's typical grant size?
Delaware Atlantis Foundation's median grant in 2025 was $125,000, and its average grant was $824,308, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Delaware Atlantis Foundation that year got $1.1M on average.
Where does Delaware Atlantis Foundation give grants?
Delaware Atlantis Foundation gives mostly in Delaware: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lewes, DE (2 grants), Wilmington, DE (2 grants) and Ocean View, DE (2 grants).
Does Delaware Atlantis Foundation give general operating support?
Yes: 33% of Delaware Atlantis Foundation's 2025 grants with a stated purpose (4 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Delaware Atlantis Foundation's largest grantees?
Delaware Atlantis Foundation's largest 2025 grantees include Beebe Healthcare Medical Foundation ($5,350,000), University of Delaware ($2,351,000) and Nemours Children's Health ($800,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.
How large is Delaware Atlantis Foundation?
Delaware Atlantis Foundation reported $213.3M in total assets on its 2025 IRS Form 990-PF. It paid out $10.8M in qualifying distributions that year, against a required minimum of $12.1M (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.
What does Delaware Atlantis Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for healthcare, education, community, and other organizations. See mission & focus areas ↑
How do I apply for a grant from Delaware Atlantis Foundation?
The foundation states on its 2023 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Delaware Atlantis Foundation's EIN?
Delaware Atlantis Foundation's EIN (Employer Identification Number) is 27-6372427. IRS Form 990 filing data is available on this page for 2020–2025.
Does Delaware Atlantis Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 9, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Delaware Atlantis Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Delaware Atlantis Foundation's focus areas in our free grants database
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Funders that support many of the same organizations
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation supports nonprofits and students addressing community needs in Delaware, including community-impact projects, capital improvements, and scholarships. Its 2025 itemized grants had a median of $21,500, though awards varied widely. Applicants are directed to apply through the relevant program’s online portal; whether unsolicited requests are accepted is not stated.
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Welfare Foundation Inc
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Welfare Foundation Inc. primarily funds capital projects in social services, housing, health, education, environment, civic work, and arts and humanities in Delaware and southern Chester County, Pennsylvania. It gives about $5 million annually; recent grants ranged from $10,000 to $300,000, with a median of $50,000. It accepts unsolicited requests through its online system, but applicants must first meet with Foundation staff.
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Nor' Easter Foundation Inc
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The Nor’ Easter Foundation funds charitable, educational, scientific, religious, and related purposes; its 2025 grants supported organizations working in areas including conservation, education, health, and community services. It awarded grants of $1,000 to $343,000, with a median of $1,000, and all reported grants went to Delaware recipients. It funds only preselected organizations and does not accept unsolicited requests.
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Collins Charitable Foundation
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Laffey-McHugh Foundation
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The Laffey-McHugh Foundation funds 501(c)(3) nonprofits addressing poverty and community needs, including food access, housing, education, youth development, and health, primarily in underserved communities in Delaware. Its 2024 grants ranged from $2,500 to $150,000, with a median of $20,000. It accepts applications through an online portal in two annual cycles; applicants may request an application through its website.
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$66.1M
Grants
153
Total Given
$3.7M
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Cite this profile
Grantable. (2026). Delaware Atlantis Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/delaware-atlantis-foundation-morg_24fad26433ee480c9476679b4855cfa9
BibTeX
@misc{grantable_276372427_2026,
author = {{Grantable}},
title = {{Delaware Atlantis Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/delaware-atlantis-foundation-morg_24fad26433ee480c9476679b4855cfa9},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Delaware Atlantis Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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