The Timothy and Susanne Sullivan Family
The Timothy and Susanne Sullivan Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.8M in total assets. In 2024, it awarded 6 grants totaling $1.5M. Net investment income was $19.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.8M
+2931.2% YoY
Annual Giving
$1.5M
Grant Count
6
Avg Grant Size
$246K
About The Timothy and Susanne Sullivan Family
Based on IRS filings
The Timothy and Susanne Sullivan Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.8M in total assets. In 2024, it awarded 6 grants totaling $1.5M. Net investment income was $19.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,790,145 | $685,869 | $550,665 |
| Revenue | $20,084,375 | $144,537 | $12,593 |
| Expenses | $1,497,021 | $9,333 | $9,075 |
| Qualifying Distributions | $1,489,403 | $8,438 | $8,444 |
| Net Investment Income | $19,572,360 | $143,969 | $11,962 |
| Distributable Amount | $90,433 | $41,224 | $41,343 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Susanne Sullivan | Dir, VP | 1 | — |
| Timothy P Sullivan | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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