Riverfront Development Corporation of Delaware
The mission of the Riverfront Development Corporation of Delaware is to create economic vitality along the brandywine and christina rivers, enhance the environment, encourage historic preservation, and promote community access. Through targeted and leveraged investments, rdc will create employment and residential development while promoting education, the arts, creation and tourism.
Riverfront Development Corporation of Delaware at a glance
In short: Riverfront Development Corporation of Delaware gave $185K across 2 grants in 2025 (avg $92K), mostly in Delaware. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $184,850
- +16.3% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $92,425
- +16.3% vs 2024
- Median grant
- $92,425
- Total assets
- $144,827,938
- -2.1% vs 2024
- Primary geography
- Delaware (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Riverfront Development Corporation of Delaware funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Delaware Children's Museum ($115K). Together the top 2 received $185K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 6 grants of 9 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Riverfront Development Corporation of Delaware gives
- Giving grew 174% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $50K (2021) to $185K (2025). In 2025 it made 2 grants totaling $185K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Delaware Children's Museum Wilmington, DE | General Operating Costs | $114,511 |
| Riverfront Wilmington Business Improvement District Wilmington, DE | General Operating Costs | $70,339 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $144,827,938 | $6,045,195 | $13,950,887 | $184,850 | 2 | $634,653 |
| 2024 | $147,912,666 | $4,149,656 | $12,515,287 | $158,955 | 2 | $90,940 |
| 2023 | $155,880,628 | $3,658,097 | $13,336,255 | $87,999 | 2 | $-37,804 |
| 2022 | $140,150,021 | $1,670,893 | $9,769,682 | $67,349 | 2 | $13,654 |
| 2021 | $112,283,807 | $2,038,846 | $9,337,704 | $49,999 | 1 | $29,800 |
| 2020 | $105,208,880 | $2,390,014 | $9,740,557 | $134,999 | 2 | $34,297 |
About Riverfront Development Corporation of Delaware
Based on IRS filings
Riverfront Development Corporation of Delaware is a public charity focused on Community Improvement & Capacity Building, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $144.8M in total assets. In 2025, it awarded 2 grants totaling $185K. Net investment income was $635K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Riverfront Development Corporation of Delaware is led by Megan McGlinchey, Executive Director on every filing since 2020; none of the 29 officers listed in 2025 report compensation.
Officers on the 2025 filing
Megan McGlinchey
Executive Director
On filings since 2020
40 hrs/week
$135K (2020) → $0 (2025)
Peggy Strine
Board Chair
On filings since 2020
1 hr/week
No compensation reported
Jamie Senn
Director of Operations
New on the 2025 filing
40 hrs/week
No compensation reported
Francis J. Lucey Jr.
Comptroller
On filings since 2022
40 hrs/week
$100K (2022) → $0 (2025)
Clinton Walker
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Darius Brown
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Darryl Parson Esq.
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Debra Heffernan
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Desmond A. Baker
Vice Chair
Board of Directors → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Fionn Welch
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Hanifa Shabazz
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Jeffrey Bullock
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Margaret M. Hannum
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Marie Reed
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Shawn Garvin
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Stephanie Bolden
Board of Directors
On filings since 2020
1 hr/week
No compensation reported
Donald Mell
Board of Directors
On filings since 2021
1 hr/week
No compensation reported
Ernest Congo
Board of Directors
On filings since 2021
1 hr/week
No compensation reported
James Lardear
Board of Directors
On filings since 2023
1 hr/week
No compensation reported
Matthew Meyer
Board of Directors
On filings since 2023
1 hr/week
No compensation reported
Curtis Linton
Board of Directors
On filings since 2024
1 hr/week
No compensation reported
Jack Walsh
Board of Directors
On filings since 2024
1 hr/week
No compensation reported
Charuni Patibanda - Sanchez
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
Jennifer Boes
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
John Blyden
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
John Carney
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
Marcus Henry
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
Margaret Rose Henry
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
Provey Powell
Board of Directors
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Linda Parkowski (2020–2024) — Board of Directors
- Former: Michael Purzycki (2020–2024) — Board of Directors
- Former: James Maravelias (2020–2023) — Board of Directors
- Former: Nicole Poore (2021–2023) — Board of Directors
- Former: Catherine Rossi (2020–2022) — Board of Directors
- Former: Honmatthew Meyer (2020–2022) — Board of Directors
- Former: David Sokola (2020) — Board of Directors
- Former: Don Mell (2020) — Board of Directors
- Former: Donald D. Hutchison (2020) — Board of Directors
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $156K, to Megan McGlinchey (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Riverfront Development Corporation of Delaware
How much does Riverfront Development Corporation of Delaware give each year?
Riverfront Development Corporation of Delaware gave $185K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $159K across 2 grants.
How large is Riverfront Development Corporation of Delaware?
Riverfront Development Corporation of Delaware reported $144.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.0M.
What is Riverfront Development Corporation of Delaware?
Riverfront Development Corporation of Delaware is a public charity focused on Community Improvement & Capacity Building, based in Wilmington, DE. It holds $144.8M in total assets as of 2025.
Where does Riverfront Development Corporation of Delaware operate?
Riverfront Development Corporation of Delaware has awarded grants in Delaware.
What is Riverfront Development Corporation of Delaware's EIN?
Riverfront Development Corporation of Delaware's EIN (Employer Identification Number) is 51-0373101. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 24, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 16, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 23, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 19, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 9, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Riverfront Development Corporation of Delaware funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Riverfront Development Corporation of Delaware's focus areas in our free grants database
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Funders with grantees in common
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Ellice & Rosa McDonald Foundation
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Incyte Charitable Giving Foundation
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Chichester Dupont Foundation Inc
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The foundation supports 501(c)(3) organizations working in the environment, education, health care, and social services, with a particular focus on children’s needs in Delaware through its Lydia Fund. Its typical grant was $20,000 in 2024, and it generally does not consider requests over $50,000; it funds work in the United States and provides an application process for organizations, rather than limiting grants to preselected recipients.
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Crestlea Foundation Inc
Wilmington, DE
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Assets
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Grants
65
Total Given
$1.0M
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