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

Under IRS private-foundation payout rules, Devonwood Foundation 009606-007 reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

Among its reported 2024 grants, the largest include Bowdoin College ($80,000), Duke University ($73,500), Concord Academy ($55,000).

RecipientPurposeAmount
DUKE UNIVERSITY DURHAM, NCGENERAL OPERATING EXPENSES$73,500
MILTON ACADEMY MILTON, MAGENERAL OPERATING EXPENSES$1,000
DURHAM ACADEMY INC DURHAM, NCGENERAL OPERATING EXPENSES$25,000
THE EDIBLE SCHOOLYARD PROJECT BERKELEY, CAGENERAL OPERATING EXPENSES$10,000
BERRY CENTER INC NEW CASTLE, KYGENERAL OPERATING EXPENSES$5,000
EMILY KRZYZEWSKI FAMILY LIFE DURHAM, NCGENERAL OPERATING EXPENSES$10,000
DURHAM CENTRAL PARK DURHAM, NCGENERAL OPERATING EXPENSES$5,000
GASPARD & DANCERS INC DURHAM, NCGENERAL OPERATING EXPENSES$7,000
DURHAM ARTS COUNCIL INC DURHAM, NCGENERAL OPERATING EXPENSES$5,000
SLOW FOOD USA INC BROOKLYN, NYGENERAL OPERATING EXPENSES$5,000

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

Frequently Asked Questions

What does Devonwood Foundation 009606-007 fund?

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.

How do I apply for a grant from Devonwood Foundation 009606-007?

**Grant Activity:** The foundation made 77 grants in 2024, totaling approximately $1.09 million in grant distributions. Recent notable grants include: • Cinema Conservancy: $100,000 (2024) • Rosati Leadership Academy: $100,000 (2024) • Bowdoin College: $80,000 (2024) **Grant Type:** All grants identified are designated for general operating expenses. **Additional Grantees (2023):** • Historic Preservation Society of Durham: $10,000 • Rockend (arts education): $1,000 • Newton North High School P…

Where does Devonwood Foundation 009606-007 make grants?

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

What size grants does Devonwood Foundation 009606-007 award?

In 2024, Devonwood Foundation 009606-007 awarded 85 grants totaling $1.2M — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Devonwood Foundation 009606-007 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Devonwood Foundation 009606-007 reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Devonwood Foundation 009606-007's EIN?

Devonwood Foundation 009606-007's EIN (Employer Identification Number) is 51-6024607. IRS Form 990 filing data is available on this page for 2020–2024.

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

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