Stratus Foundation
Stratus Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports 24 grants totaling $427,433 to charitable organizations.
Stratus Foundation at a glance
In short: Stratus Foundation gave $427K across 24 grants in 2024 (avg $18K), mostly in Delaware. 58% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $427,433
- +23.2% vs 2023
- Grants made (2024)
- 24
- +41.2% vs 2023
- Average grant
- $17,810
- -12.7% vs 2023
- Median grant
- $10,000
- Total assets
- $15,020,661
- +1.0% vs 2023
- New grantees (estimate)
- 58% first-time grantees (14 of 24, 2024; small sample)
- Primary geography
- Delaware (59% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Stratus Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations. Its stated process is a letter submission to Regis De Ramel specifying the amount requested and purpose, with a copy of the organization’s IRS exemption certificate attached. Awards are determined solely by the foundation managers, and their determinations are final.
- Contact
Application contact: Regis De Ramel
Mailing address: 2207 Old Kennett Road, Wilmington, DE 19807
Phone: (215) 646-0400
Website: https://stratusunlimited.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Stratus Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Tower Hill School ($101K). Together the top 10 received $335K.
Grant Size Distribution
81 grants across all recorded years
The most common grant size was under $50K: 73 grants of 81 (90%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars went primarily to recipients in Delaware (59%), Rhode Island (18%), and Pennsylvania (17%), with smaller shares going to Maryland (3%) and Virginia (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Is Stratus Foundation open to new grantees?
58%
first-time grantees, 2024
In 2024, 14 of 24 grantees (58%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $10K; repeat grants $29K. How we count
Medians: $10K first-time, $23K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−20%). Method
- In 2024 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $347K (2023) to $1.8M (2022). In 2024 it made 24 grants totaling $427K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tower Hill School Wilmington, DE | General | $100,600 |
| Intercollegiate Studies Institute Wilmington, DE | General | $50,000 |
| Faithful Friends Animal Society Wilmington, DE | General | $38,333 |
| Longwood Gardens Kennett Square, PA | General | $25,000 |
| Limen Recovery and Wellness Wilmington, DE | General | $25,000 |
| Chop Foundation Philadelphia, PA | General | $25,000 |
| Newport Film Festival Newport, RI | General | $20,000 |
| Green Oceans Newport, RI | General | $20,000 |
| Breakthrough Equestrian West Chester, PA | General | $16,000 |
| Winterthur Museum Winterthur, DE | General | $15,000 |
Ready to take the next step with Stratus Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $15,020,661 | $600,510 | $447,998 | $427,433 | 24 | $427,433 | $580,360 | $828,898 |
| 2023 | $14,868,149 | $745,208 | $423,101 | $346,833 | 17 | $358,765 | $695,872 | $731,459 |
| 2022 | $14,466,898 | $175,287 | $2,037,462 | $1,838,746 | 18 | $1,853,584 | $278,731 | $821,372 |
| 2021 | $16,294,753 | $996,130 | $621,887 | $533,815 | 10 | $543,874 | $927,351 | $893,549 |
| 2020 | $15,895,510 | $5,510,904 | $572,998 | $490,248 | 12 | — | $5,428,700 | $729,252 |
Under IRS private-foundation payout rules, Stratus Foundation reported a distributable amount of $829K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s website describes its work as supporting “life-changing initiatives” and lists scholarships, health organizations, community outreach, and charity golf events among its activities. The foundation’s filing states that it accepts applications from organizations operated for religious, charitable, scientific, literary, or educational purposes, while also stating that it makes contributions only to preselected charitable organizations.
Some 2024 grantees describe their work in these areas. Intercollegiate Studies Institute says it inspires college students to discover, embrace, and advance principles it considers important to a good, free, and prosperous America. Green Oceans says it educates the public about the ocean and the need to protect it, including research and reporting on the effects of offshore wind turbines. Washington College says it challenges and inspires emerging citizen leaders through academic rigor and self-discovery.
Grantmaking
In 2024, the foundation reported 24 grants totaling $427,433. Grants ranged from $500 to $100,600, with a median grant of $10,000. Notable grants included $100,600 to Tower Hill School, $50,000 to Intercollegiate Studies Institute, $38,333 to Faithful Friends Animal Society, and $25,000 each to Longwood Gardens, Limen Recovery and Wellness, and CHOP Foundation. Other grants included $20,000 each to Newport Film Festival and Green Oceans, and $10,000 to Washington College.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Regis De Ramel as president.
Stratus Foundation is led by Regis De Ramel, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Regis De Ramel
President
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Stratus Foundation
How much does Stratus Foundation give each year?
Stratus Foundation gave $427K across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $347K across 17 grants.
What is Stratus Foundation's typical grant size?
Stratus Foundation's median grant in 2024 was $10,000, and its average grant was $17,810, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Stratus Foundation that year got $10K on average.
Where does Stratus Foundation give grants?
Stratus Foundation gives mostly in Delaware: 59% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Rhode Island (18%) and Pennsylvania (17%). The most frequent recipient cities were Wilmington, DE (8 grants), Newport, RI (6 grants) and Kennett Square, PA (2 grants).
Does Stratus Foundation give general operating support?
Yes: 100% of Stratus Foundation's 2024 grants with a stated purpose (24 of 24) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Stratus Foundation's largest grantees?
Stratus Foundation's largest 2024 grantees include Tower Hill School ($100,600), Intercollegiate Studies Institute ($50,000) and Faithful Friends Animal Society ($38,333), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is Stratus Foundation?
Stratus Foundation reported $15.0M in total assets on its 2024 IRS Form 990-PF. It paid out $427K in qualifying distributions that year, against a required minimum of $829K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Stratus Foundation fund?
The foundation’s website describes its work as supporting “life-changing initiatives” and lists scholarships, health organizations, community outreach, and charity golf events among its activities. See mission & focus areas ↑
How do I apply for a grant from Stratus Foundation?
The foundation does not accept unsolicited requests and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Stratus Foundation's EIN?
Stratus Foundation's EIN (Employer Identification Number) is 26-6190250. IRS Form 990 filing data is available on this page for 2020–2024.
Does Stratus Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Stratus Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation supports nonprofits and students addressing community needs in Delaware, including community-impact projects, capital improvements, and scholarships. Its 2025 itemized grants had a median of $21,500, though awards varied widely. Applicants are directed to apply through the relevant program’s online portal; whether unsolicited requests are accepted is not stated.
Assets
$392.5M
Grants
323
Total Given
$20.4M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). Stratus Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/stratus-foundation-morg_90b6ab0358074448b65e01af5a647162
BibTeX
@misc{grantable_266190250_2026,
author = {{Grantable}},
title = {{Stratus Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/stratus-foundation-morg_90b6ab0358074448b65e01af5a647162},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Stratus Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Stratus Foundation down — hundreds of funders to go?