Delaware Foundation for Medical Services

MIDDLETOWN, DE EIN: 51-0346160

TO RECEIVE AND ADMINISTER GIFTS OF PROPERTY FOR CHARITABLE, BENEVOLENT CIVIC, HEALTH, SCIENTIFIC AND EDUCATIONAL PURPOSES, PRIMARILY FOR THE PURPOSE OF ENHANCING THE QUALITY OF MEDICAL CARE IN THE STATE OF DELAWARE IN A MANNER THAT SHALL: 1. AFFORD TO PERSONS AN OPPORTUNITY TO MAKE GIFTS WITH A GREATER BENEFICIAL RESULT THAN POSSIBLE THROUGH INDIVIDUAL ACTION; 2. AFFORD TO CORPORATIONS AN OPPORTUNITY EQUAL TO THAT OF INDIVIDUALS TO CREATE MEMORIALS OR MAKE GIFTS AS THE CIRCUMSTANCES OF THEIR ECONOMIC SITUATIONS WARRANT, FROM TIME TO TIME; AND, 3. SAFEGUARD AND PROVIDE FOR THE PERMANENT SECURITY OF SUCH GIFTS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.8M

+5.1% YoY

Annual Giving

$66K

+17.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$22K

+17.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$118K$236K$354K$472K20202021202220232024
Metric202420232022
Total Assets$1,845,030$1,755,971$1,619,266
Revenue$131,150$142,795$87,818
Expenses$131,232$120,316$113,603
Qualifying Distributions
Net Investment Income$104,881$118,772$72,728
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$91K$182K$273K$364K2 grants20203 grants20212 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

MEDICAL SOCIETY OF DELAW…$49KHOPE MEDICAL CLINIC INC$10KTHE ROSA HEALTH CENTER$7K

Grant Size Distribution

13 grants across all recorded years

11<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Delaware Foundation for Medical Services fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD R SOBEL DOCHAIR5
MATTHEW BURDAY MDVICE CHAIR5
NANCY FAN MDTREASURER5
DEBORAH ZAREK MDSECRETARY5
JUSTIN ELDRIDGE MDBOARD MEMBER5
STEPHANIE GUARINO MDBOARD MEMBER5
DOROTHY M MOORE MDBOARD MEMBER5
SUZANNE J SHERMAN MDBOARD MEMBER5
ROBERT VARIPAPA MDBOARD MEMBER5
LAWRENCE ZUTZBOARD MEMBER5
MICHAEL A ALEXANDER MDADVISORY MEMBER5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

MiddletownNewark

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

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