Devonwood Foundation 009606-007

WILMINGTON, DE EIN: 51-6024607

Devonwood Foundation 009606-007 is a private foundation based in Wilmington, Delaware, established in 1969. The foundation operates as a 501(c)(3) organization with no employees and focuses on providing general operating support to nonprofit organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.7M

-2.3% YoY

Annual Giving

$1.2M

-3.4% YoY

Grant Count

85

+6.3% YoY

Avg Grant Size

$14K

-9.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds general operating expenses for grantees. Based on recent grant activity, the foundation supports organizations working in the arts, education, cultural preservation, community development, and youth programs.

Grantmaking

The foundation made 77 grants in 2024, totaling approximately $1.09 million in grant distributions. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple states, with documented grants to organizations in North Carolina, Maine, and Massachusetts, among others.

Grant Distribution by State

18states
+10 more states

Cities

Bar HarborBerkeleyBoothbayBostonBrooklynBrunswickBucksportCambridgeCarrboroChapel HillCharlestonChestnut HillClaremontColumbiaConcordDaniel IslandDurhamFort WorthFraminghamGraham

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary:

  • Total Assets: $14,747,415
  • Total Revenues: $913,737
  • Total Expenses: $1,256,111
  • Net Income: -$342,374
  • Total Liabilities: $0

Revenue Composition: Contributions received represent 94.0% of total revenue, with other sources comprising 2.9% and 3.1% respectively.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$14,747,415$15,101,119$15,486,192
Revenue$913,737$983,946$867,570
Expenses$1,256,111$1,298,832$1,176,178
Qualifying Distributions$1,236,869$1,279,548$1,163,125
Net Investment Income$900,882$872,335$843,593
Distributable Amount$1,360,262$1,235,581$1,282,292

Giving Over Time

Total grant dollars and number of grants per year

$0$318K$635K$953K$1M75 grants202078 grants202177 grants202280 grants202385 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOWDOIN COLLEGE$80KDUKE UNIVERSITY$74KCONCORD ACADEMY$55KCITY AND COUNTRY SCHOOL …$55KDURHAM ACADEMY INC$25KMOUNT DESERT ISLAND HOSP…$25KSOFT POWER HEALTH$25KPOMFRET SCHOOL INC$25KEL FUTURO$14KTHE HISTORIC PRESERVATION$12K

Grant Size Distribution

250 grants across all recorded years

236<$50K12$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Wilmington Trust serves as Senior Vice President (as of May 2024).

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRENDA BRODIEGENERAL TRUSTEE
MELISSA HANENBERGERGENERAL TRUSTEE
CAMERON BRODIEGENERAL TRUSTEE
TYLER BRODIEGENERAL TRUSTEE
BRYSON BRODIEGENERAL TRUSTEE

Related Funders

Similar funders by location and focus area

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

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