Delaware Valley Legacy Fund

PHILADELPHIA, PA EIN: 23-2802171 Website

DVLF HAS BEEN SERVING THE EMERGING NEEDS OF THE LGBTQ COMMUNITY FOR 32 YEARS. THE ORGANIZATION WAS CREATED TO BENEFIT THE PHILADELPHIA REGION'S LGBTQ COMMUNITY BY RAISING MONEY FOR A PERMANENT ENDOWMENT. DVLF FOSTERS POSITIVE CHANGE EVERY YEAR THROUGH ADVOCACY, GRANTMAKING, SCHOLARSHIPS, PROGRAMMING AND EDUCATION. THIS YEAR, DVLF'S SIGNIFICANTLY INCREASED ITS GRANTMAKING TO INCLUDE EVEN MORE GRANTS AND SCHOLARSHIPS. EACH YEAR, DVLF EMPOWERS AND ENHANCES THE LIVES OF THE LGBTQ COMMUNITY BY INVESTING IN COMMUNITY WORK. IT'S CRITICAL MISSION PROVIDES SERVICES TO PROGRAMS SERVING THE LGBTQ COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+7.8% YoY

Annual Giving

$19K

+127.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$19K

+127.2% YoY

About Delaware Valley Legacy Fund

Based on IRS filings

Delaware Valley Legacy Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $19K.

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $36K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,121,998	$1,041,190	$1,028,924
Revenue	$66,368	$76,959	$138,658
Expenses	$112,910	$134,438	$156,044
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Open Grants

5 open opportunities from Delaware Valley Legacy Fund

Show all 5 →

Foundation

DVLF General Grants

DELAWARE VALLEY LEGACY FUND

Amount

Varies

Deadline

October 24, 2026

Annual

Foundation

DVLF/Independence Business Alliance Scholarship

DELAWARE VALLEY LEGACY FUND

Amount

Varies

Deadline

Rolling / Open

Annual

Foundation

Kay Longcope Scholarship Award

DELAWARE VALLEY LEGACY FUND

Amount

Varies

Deadline

Rolling / Open

Annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include William Way Lgbt Community Center ($19,345).

Recipient	Purpose	Amount
WILLIAM WAY LGBT COMMUNITY CENTER PHILADELPHIA, PA	SUPPORT LGBT COMM.	$19,345

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL GROSBERG	PRESIDENT	2	—
KARL MICHELFELDER	VICE PRESIDE	2	—
WILLIAM LEFFLER	TREASURER	2	—
CLAY PAYNE	GOVERNANCE C	2	—
CHASE WRIGHT	SECRETARY	2	—
GLORIA MELUNIS	BOARD MEMBER	1	—
MICHAEL KING	BOARD MEMBER	1	—
CHRISTOPHER BARRETT POLITAN	BOARD MEMBER	1	—
JAMES WRIGHT	BOARD MEMBER	1	—
JAMES C YOUNG	BOARD MEMBER	1	—
JAKE MARONEY	BOARD MEMBER	1	—
KEISHA PRICE	BOARD MEMBER	1	—
LAURA RYAN	BOARD MEMBER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Delaware Valley Legacy Fund?

Delaware Valley Legacy Fund is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $1.1M in total assets as of 2024.