Delaware Valley Legacy Fund logo

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

1

+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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$174K$262K$349K20202021202220232024
Metric202420232022
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

$0$5K$10K$15K$19K0 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

WILLIAM WAY LGBT COMMUNI…$19K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

5 open opportunities from Delaware Valley Legacy Fund

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL GROSBERGPRESIDENT2
KARL MICHELFELDERVICE PRESIDE2
WILLIAM LEFFLERTREASURER2
CLAY PAYNEGOVERNANCE C2
CHASE WRIGHTSECRETARY2
GLORIA MELUNISBOARD MEMBER1
MICHAEL KINGBOARD MEMBER1
CHRISTOPHER BARRETT POLITANBOARD MEMBER1
JAMES WRIGHTBOARD MEMBER1
JAMES C YOUNGBOARD MEMBER1
JAKE MARONEYBOARD MEMBER1
KEISHA PRICEBOARD MEMBER1
LAURA RYANBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

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

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