University of Delaware Research Foundation
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was University of Delaware ($474K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Delaware Newark, DE | Grants to Provide Funding for Faculty Research Projects. | $474,343 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 21, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
- 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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