University of Delaware Research
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.0M
+4.4% YoY
Annual Giving
$463K
+2.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$463K
+2.9% YoY
About University of Delaware Research
Based on IRS filings
University of Delaware Research is a nonprofit organization, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.0M in total assets. In 2024, it awarded 1 grants totaling $463K. Net investment income was $674K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,042,119 | $12,491,952 | $11,752,690 |
| Revenue | $674,341 | $640,829 | $618,720 |
| Expenses | $469,400 | $456,000 | $455,450 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $674,341 | $640,829 | $618,595 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| DR VICKY L FUNANAGE | PRESIDENT (FROM 5/24); VICE PRESIDENT (UNTIL 5/24) | 0.3 | — |
| MS KAREN FLETCHER | PRESIDENT (UNTIL 5/24) | 0.3 | — |
| MR RAY WNENCHAK | TREASURER | 0.3 | — |
| MR KEITH M WALTER | ASSISTANT TREASURER | 0.3 | — |
| MR MIGUEL GARCIA-DIAZ | SECRETARY | 0.3 | — |
| DR KAREN M BLOCH | TRUSTEE | 0.3 | — |
| DR G STEPHEN DECHERNEY | TRUSTEE | 0.3 | — |
| MR TIM HOPKINS | TRUSTEE | 0.3 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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