THE FOUNDATION'S PRIMARY ACTIVITY IS FUND RAISING AND ANY OTHER ACTIVITIES NECESSARY TO SUPPORT THE EASTSIDE CHARTER SCHOOL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.1M
+17.3% YoY
Annual Giving
$1.9M
+150.1% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$1.9M
+400.1% YoY
About First Community Foundation
Based on IRS filings
First Community Foundation is a nonprofit organization focused on Housing & Shelter, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.1M in total assets. In 2024, it awarded 1 grants totaling $1.9M. Net investment income was $396K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,125,210 | $14,600,548 | $9,736,066 |
| Revenue | $4,263,048 | $5,997,560 | $7,119,554 |
| Expenses | $2,548,485 | $1,108,514 | $801,650 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $395,992 | $113,453 | $69,696 |
| 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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eastside Stem Hub Inc ($1,947,269).
| Recipient | Purpose | Amount |
|---|---|---|
| EASTSIDE STEM HUB INC WILMINGTON, DE | TO PROVIDE SUPPORT FOR THE ACTIVITIES OF EASTSIDE STEM HUB, INC. | $1,947,269 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID MCBRIDE | BOARD MEMBER | 1 | — |
| CECIL GORDON MD | BOARD CHAIR | 1 | — |
| RICK TAGLIONE | TREASURER | 1 | — |
| CHARLES H TOLIVER ESQ | VICE CHAIR | 1 | — |
| TINU AKEREDOLU | BOARD MEMBER | 1 | — |
| SOPHIA CISLER | BOARD MEMBER | 1 | — |
| KRISTYN DILENNO | BOARD MEMBER | 1 | — |
| KIM F FORTUNATO | SECRETARY | 1 | — |
| RENEE GREENE | BOARD MEMBER | 1 | — |
| CHARLES MCDOWELL ESQUIRE | CEO | 4 | — |
| MAURICE RAGLAND | BOARD MEMBER | 1 | — |
| MICHELLE REARDON | BOARD MEMBER | 1 | — |
| OWEN RICCIARDI | BOARD MEMBER | 1 | — |
| KAIRLYN MILES SMITH | TEACHER REPRESENTATIVE | 1 | — |
| KATRESE THOMAS | PARENT REPRESENTATIVE | 1 | — |
| NICHOLAS MEDAGLIO | CFO | 1 | — |
| AARON BASS | EX-OFFICIO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Community Foundation?
First Community Foundation is a nonprofit organization focused on Housing & Shelter, based in WILMINGTON, DE. It holds $17.1M in total assets as of 2024.
How large is First Community Foundation?
As of 2024, First Community Foundation holds $17.1M in total assets with $4.3M in annual revenue. It awarded 1 grants totaling $1.9M in 2024.
Where does First Community Foundation operate?
First Community Foundation has awarded grants in Delaware.
What size grants does First Community Foundation award?
In 2024, First Community Foundation awarded 1 grants totaling $1.9M — an average of about $1.9M per grant, based on its IRS Form 990 filings.
What is First Community Foundation's EIN?
First Community Foundation's EIN (Employer Identification Number) is 20-4215109. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in First Community Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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