Delaware Council on Economic Education
To incorporate economics and entrepreneurship in kindergarten to 12th grade curricula in an effort to provide for an economically literate society.
Delaware Council on Economic Education at a glance
In short: Delaware Council on Economic Education gave $230K across 1 grant in 2025 (avg $230K), mostly in Delaware. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $230,000
- -43.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $230,000
- -43.1% vs 2024
- Median grant
- $230,000
- Total assets
- $517,593
- +8.0% vs 2024
- Primary geography
- Delaware (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Delaware Council on Economic Education funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Delaware ($230K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Delaware Council on Economic Education gives
- Giving fell 53% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $163K (2023) to $490K (2022). In 2025 it made 1 grant totaling $230K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Delaware Newark, DE | To Promote Economic Education Through Various Programs. | $230,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $517,593 | $368,572 | $330,183 | $230,000 | 1 | $15,272 |
| 2024 | $479,204 | $304,760 | $498,126 | $404,093 | 1 | $20,237 |
| 2023 | $672,570 | $382,802 | $253,820 | $163,135 | 1 | $2,052 |
| 2022 | $543,588 | $236,911 | $574,346 | $489,701 | 1 | $426 |
| 2021 | $881,023 | $289,886 | $578,212 | $458,526 | 1 | $1,737 |
| 2020 | $1,169,349 | $419,592 | $350,683 | $230,049 | 1 | $10,424 |
About Delaware Council on Economic Education
Based on IRS filings
Delaware Council on Economic Education is a public charity focused on Social Science, based in Newark, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $518K in total assets. In 2025, it awarded 1 grant totaling $230K. Net investment income was $15K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Delaware Council on Economic Education is led by Carlos J. Asarta, President & Secretary on every filing since 2020; 1 of 25 officers listed in 2025 is compensated.
Officers on the 2025 filing
Carlos J. Asarta
President & Secretary
On filings since 2020
3 hrs/week
$24K (2020) → $33K (2025)
Lisa Kirkwood
Chairperson
Vice Chairperson → Vice Chair, 2023
Vice Chair → Chairperson, 2024
On filings since 2020
1 hr/week
No compensation reported
James B. O'Neill
Board Member
On filings since 2020
1 hr/week
$20K (2020) → $0 (2025)
Andrew T. Hill
Board Member
On filings since 2020
1 hr/week
No compensation reported
Candice Caruso
Board Member
On filings since 2020
1 hr/week
No compensation reported
David A. Cole
Board Member
Board Member - Past Chair → Board Member- Past Chair, 2023
Board Member- Past Chair → Board Member, 2025
On filings since 2020
1 hr/week
No compensation reported
David Lyons Jr.
Vice Chair
Board Member → Vice Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Frank T. Dougherty
Board Member
On filings since 2020
1 hr/week
No compensation reported
Gregory F. Lavelle
Treasurer
On filings since 2020
1 hr/week
No compensation reported
James J. Roszkowski
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jennifer Cuva
Board Member
On filings since 2020
1 hr/week
No compensation reported
Joe Depaulo
Board Member
On filings since 2020
1 hr/week
No compensation reported
Kevin A. Worsh
Board Member
On filings since 2020
1 hr/week
No compensation reported
Munish Pahwa
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert Strong
Board Member
Board Member → Board Member- Past Chair, 2023
Board Member- Past Chair → Board Member, 2025
On filings since 2020
1 hr/week
No compensation reported
Samuel L. Waltz Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ted Kent
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tim Boulden
Board Member
On filings since 2020
1 hr/week
No compensation reported
Joseph M. Jones
Board Member
On filings since 2021
1 hr/week
No compensation reported
Dana M. Raftas
Board Member
On filings since 2022
1 hr/week
No compensation reported
Wesley T. Stefanick
Board Member
On filings since 2022
1 hr/week
No compensation reported
Bonnie T. Meszaros
Board Member
On filings since 2023
1 hr/week
No compensation reported
J. Randall Kunkle
Board Member
On filings since 2023
1 hr/week
No compensation reported
Kevin T. Hersh
Board Member
On filings since 2023
1 hr/week
No compensation reported
Juan M. Licari
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Connie Montana (2020–2024) — Board Member - Past Chair
- Former: David Weaver (2020–2023) — Board Member
- Former: Eliza Phillips (2020–2023) — Board Member
- Former: Barney Hughes (2020–2022) — Board Member
- Former: Richard M. Wright (2020–2022) — Board Member
- Former: Darius Brown (2020–2021) — Board Member
- Former: Jack Markell (2020–2021) — The Honorable
- Former: Donald Puglisi (2020) — Board Member
- Former: Joe Jones (2020) — Board Member
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 $33K, to Carlos J Asarta (President and Secretary).
Frequently asked questions about Delaware Council on Economic Education
How much does Delaware Council on Economic Education give each year?
Delaware Council on Economic Education gave $230K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $404K across 1 grant.
How large is Delaware Council on Economic Education?
Delaware Council on Economic Education reported $518K in total assets on its 2025 IRS Form 990. Its revenue that year was $369K.
What is Delaware Council on Economic Education?
Delaware Council on Economic Education is a public charity focused on Social Science, based in Newark, DE. It holds $518K in total assets as of 2025.
Where does Delaware Council on Economic Education operate?
Delaware Council on Economic Education has awarded grants in Delaware.
What is Delaware Council on Economic Education's EIN?
Delaware Council on Economic Education's EIN (Employer Identification Number) is 51-6024095. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 13, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 18, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 6, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 12, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 12, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 1, 2025)
- IRS filings on file for fiscal years 2020–2025
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Figures come from Delaware Council on Economic Education'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.
Delaware Council on Economic Education down — hundreds of funders to go?