Delaware State University Foundation Inc logo

Delaware State University Foundation Inc

DOVER, DE EIN: 20-1372435 Website

DELAWARE STATE UNIVERSITY FOUNDATION, INC PROMOTES AND FOSTERS THE EDUCATIONAL INTERESTS OF DELAWARE STATE UNIVERSITY, A PUBLICLY SUPPORTED INSTITUTION OF HIGHER EDUCATION AND A CORPORATION OF THE STATE OF DELAWARE. THE FOUNDATION SEEKS TO CREATE A SIZEABLE MONETARY FUND TO BE USED FOR ANY PROGRAM, PROJECT, OR ENTERPRISE UNDERTAKEN IN THE INTEREST OF THE UNIVERSITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$37.5M

-9.9% YoY

Annual Giving

$9.5M

+12.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$9.5M

+12.8% YoY

About Delaware State University Foundation Inc

Based on IRS filings

Delaware State University Foundation Inc is a nonprofit organization focused on Education, based in DOVER, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $37.5M in total assets. In 2024, it awarded 1 grants totaling $9.5M. Net investment income was $649K.

Focus Areas

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$17M$23M2021202220232024
Metric202420232022
Total Assets$37,475,656$41,592,921$37,335,368
Revenue$15,075,842$14,796,790$19,092,791
Expenses$21,163,293$12,076,158$8,745,735
Qualifying Distributions
Net Investment Income$649,463$185,712$941,920
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$9M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

DELAWARE STATE UNIVERSITY$9.5M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M3$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Delaware State University ($9,473,214).

RecipientPurposeAmount
DELAWARE STATE UNIVERSITY TO SUPPORT ACADEMIC PROGRAMS, STUDENT SCHOLARSHIPS, FACULTY DEVELOPMENT, PUBLIC SERVICE INITIATIVES, AND OTHER PRIORITIES OF DELAWARE STATE UNIVERSITY.$9,473,214

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ANTIONE ALLENUNIVERSITY PRESIDENT$496KVITA PICKRUMFOUNDATION PRESIDENT (NON-VO…$207KHENRIETTA SAVAGECONTROLLER (NON-VOTING)$89K

From 2024 filing

NameTitleHoursCompensation
ANTIONE ALLENUNIVERSITY PRESIDENT10$496,321
VITA PICKRUMFOUNDATION PRESIDENT (NON-VOTING)10$207,224
HENRIETTA SAVAGECONTROLLER (NON-VOTING)10$89,270
ENID WALLACE-HALEYCHAIR6
NICOLE DYE-ANDERSONVICE CHAIR2
VINCENT ROJASSECRETARY/TREASURER/DIRECTOR6
WILLIAM CHARLTONDIRECTOR3
STEVE EWINGDIRECTOR3
DARYL GRAHAMDIRECTOR3
JOSEPH PURZYCKIDIRECTOR2
KATHLEEN SHELTONDIRECTOR3
JOCEYLN STEWARTDIRECTOR3
CHIP ROSSIDIRECTOR3
CATHLEEN TRIGG-JONESDIRECTOR3
DAVID SHEPPARDDIRECTOR3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Delaware State University Foundation Inc?

Delaware State University Foundation Inc is a nonprofit organization focused on Education, based in DOVER, DE. It holds $37.5M in total assets as of 2024.

How large is Delaware State University Foundation Inc?

As of 2024, Delaware State University Foundation Inc holds $37.5M in total assets with $15.1M in annual revenue. It awarded 1 grants totaling $9.5M in 2024.

What size grants does Delaware State University Foundation Inc award?

In 2024, Delaware State University Foundation Inc awarded 1 grants totaling $9.5M — an average of about $9.5M per grant, based on its IRS Form 990 filings.

What is Delaware State University Foundation Inc's EIN?

Delaware State University Foundation Inc's EIN (Employer Identification Number) is 20-1372435. IRS Form 990 filing data is available on this page for 2021–2024.

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

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