Velma F Dulaney Foundation
Velma F Dulaney Foundation 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 $1.9M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $137K.
Key facts about Velma F Dulaney Foundation
- EIN
- 83-3007345
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $100,000
- Grants made (2024)
- 5
- Average grant
- $20,000
- Median grant
- $20,000
- Total assets
- $1,924,126
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Velma F Dulaney Foundation funds
By grant dollars, the top recipient states for Velma F Dulaney Foundation's 5 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Roanoke, VA (5 grants). 100% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+0.2% YoY
Annual Giving
$100K
+2.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$20K
+22.4% YoY
Under IRS private-foundation payout rules, Velma F Dulaney Foundation reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.
About Velma F Dulaney Foundation
Based on IRS filings
Velma F Dulaney Foundation 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 $1.9M in total assets. In 2024, it awarded 5 grants totaling $100K. Net investment income was $137K.
Focus Areas
Ready to take the next step with Velma F Dulaney Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,924,126 | $1,920,038 | $1,916,693 |
| Revenue | $141,561 | $138,061 | $43,336 |
| Expenses | $137,473 | $134,716 | $150,100 |
| Qualifying Distributions | $114,964 | $112,281 | $125,798 |
| Net Investment Income | $136,836 | $138,439 | $19,724 |
| Distributable Amount | $119,069 | $108,158 | $113,138 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Childrens Trust Foundation Roanoke Valley Inc ($25,000), Opera Roanoke ($25,000), Bradley Free Clinic of Roanoke Valley ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDRENS TRUST FOUNDATION ROANOKE VALLEY INC ROANOKE, VA | General & Unrestricted | $25,000 |
| OPERA ROANOKE ROANOKE, VA | General & Unrestricted | $25,000 |
| BRADLEY FREE CLINIC OF ROANOKE VALLEY ROANOKE, VA | General & Unrestricted | $20,000 |
| CARILION CLINIC FOUNDATION ROANOKE, VA | General & Unrestricted | $20,000 |
| JEFFERSON CENTER FOUNDATION LTD ROANOKE, VA | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christopher Desimone | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Velma F Dulaney Foundation?
Velma F Dulaney Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.9M in total assets as of 2024.
How large is Velma F Dulaney Foundation?
As of 2024, Velma F Dulaney Foundation holds $1.9M in total assets with $142K in annual revenue. It awarded 5 grants totaling $100K in 2024.
Where does Velma F Dulaney Foundation operate?
Velma F Dulaney Foundation has awarded grants in Idaho, Virginia.
What size grants does Velma F Dulaney Foundation award?
In 2024, Velma F Dulaney Foundation awarded 5 grants totaling $100K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Velma F Dulaney Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Velma F Dulaney Foundation reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Velma F Dulaney Foundation's EIN?
Velma F Dulaney Foundation's EIN (Employer Identification Number) is 83-3007345. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Velma F Dulaney Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.