University of Delaware Research Foundation

Public charity · Grantmaker Newark, DE EIN: 51-6017306
EducationHigher educationUniversity education

The mission of the University of Delaware Research Foundation, inc. Is to support the university's objective of strengthening research and increasing national and international distinction of select graduate programs by: 1. Providing grants supporting the highest quality of scientific and engineering research; 2. Focusing on assisting early-career, untenured, tenure-track faculty in areas of primary interest to the university, and; 3. Providing funds that supplement, but do not supplant, funds available from the university or other sources.

Key facts about University of Delaware Research Foundation

In short: University of Delaware Research Foundation gave $474K across 1 grant in 2025 (avg $474K), mostly in Delaware. Source: 2025 IRS Form 990.

EIN
51-6017306
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$474,343
Grants made (2025)
1
Average grant
$474,343
Median grant
$474,343
Total assets
$14,194,939
Primary geography
Delaware (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$14.2M

+8.8% YoY

Annual Giving

$474K

+2.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$474K

+2.4% YoY

How University of Delaware Research Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+5%). Method

From the foundation's IRS Form 990 filings. Methodology.

About University of Delaware Research Foundation

Based on IRS filings

University of Delaware Research Foundation is a public charity focused on Education, based in Newark, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14.2M in total assets. In 2025, it awarded 1 grant totaling $474K. Net investment income was $741K.

Focus Areas

EducationHigher educationUniversity education
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Newark

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $400K (2019) to $474K (2025). In 2025 it made 1 grant totaling $474K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Delaware: $474KUniversity of Delaware$474K

The largest 2025 recipient was University of Delaware ($474K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Delaware Newark, DEGrants to Provide Funding for Faculty Research Projects.$474,343

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$14,194,939$13,042,119$12,491,952
Revenue$741,312$674,341$640,829
Expenses$480,893$469,400$456,000
Net Investment Income$741,312$674,341$640,829

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 26, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS April 11, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS April 11, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 21, 2025)
  6. Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

University of Delaware Research Foundation is led by Vicky L. Funanage, President since 2025 (on filings since 2019); none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Vicky L. Funanage

    President

    Vice President → President & Vice President, 2024

    President & Vice President → President, 2025

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • G. Stephen Decherney

    Trustee

    President & Trustee → Trustee, 2020

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Karen M. Bloch

    Trustee

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Timothy E. Hopkins

    Trustee

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Keith M. Walter

    Assistant Treasurer

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Ray Wnenchak

    Treasurer

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Miguel Garcia-Diaz

    Secretary

    On filings since 2024

    0.3 hrs/week

    No compensation reported

Former officers (12)
  • Former: Karen Fletcher (2019–2024) — President
  • Former: Tim Hopkins (2023–2024) — Trustee
  • Former: Randal King (2022–2023) — Trustee
  • Former: Christiana Borelli (2023) — Trustee
  • Former: Ciara O'Connell (2023) — Trustee
  • Former: Eric Wommack (2023) — Trustee
  • Former: Jennifer Doran (2023) — Trustee
  • Former: Carlonda R. Reilly (2019–2022) — Trustee
  • Former: Charles Riordan (2019–2022) — Secretary
  • Former: Kris Vaddi (2019–2022) — Trustee
  • Former: Zeru Tekie (2019–2021) — Trustee
  • Former: Brian W. Little (2019–2020) — Trustee & Research Committee

Data from IRS Form 990 filings, 2019–2025. "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 University of Delaware Research Foundation

How much does University of Delaware Research Foundation give each year?

University of Delaware Research Foundation gave $474K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $463K across 1 grant.

How large is University of Delaware Research Foundation?

University of Delaware Research Foundation reported $14.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $741K.

What is University of Delaware Research Foundation?

University of Delaware Research Foundation is a public charity focused on Education, based in Newark, DE. It holds $14.2M in total assets as of 2025.

Where does University of Delaware Research Foundation operate?

University of Delaware Research Foundation has awarded grants in Delaware.

What is University of Delaware Research Foundation's EIN?

University of Delaware Research Foundation's EIN (Employer Identification Number) is 51-6017306. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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