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Delaware · Nonprofit

DELAWARE STATE UNIVERSITY FOUNDATION INC

DELAWARE STATE UNIVERSITY FOUNDATION INC (Delaware) receives grants from 60 organizations whose IRS filings report $17,249,572 to it, the largest being LONGWOOD FOUNDATION INC ($2,750,000). 30 of them have funded it in more than one year.

Revenue FY2025
$14M
Funders on record
60
Grants received
$17M
Net assets
$39M
30/60 repeat funderspeak grant-dependency 25%
01What it does

What Delaware State University Foundation Inc does

Mission

Delaware state university foundation, inc promotes and fosters the educational interests of delaware state university, a publicly supported institution of higher education and a corporation of the state of delaware. The foundation seeks to create a sizeable monetary fund to be used for any program, project, or enterprise undertaken in the interest of the university.

As stated on its FY2025 Form 990.

Program

  1. To create a large monetary fund to support the programs, projects, students, and enterprise undertaken in the interest of delaware state university.

    $13,424,398 spentof which $9,093,236 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $13,424,398.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.5M) Expenses 100 ($3.7M) Net assets 100 ($21M)2018 Revenue 124 ($4.4M) Expenses 131 ($4.9M) Net assets 100 ($21M)2019 Revenue 154 ($5.5M) Expenses 331 ($12M) Net assets 68 ($14M)2020 Revenue 192 ($6.8M) Expenses 161 ($6.0M) Net assets 72 ($15M)2021 Revenue 477 ($17M) Expenses 168 ($6.2M) Net assets 141 ($29M)2022 Revenue 540 ($19M) Expenses 235 ($8.7M) Net assets 176 ($36M)2023 Revenue 419 ($15M) Expenses 325 ($12M) Net assets 199 ($41M)2024 Revenue 426 ($15M) Expenses 570 ($21M) Net assets 179 ($37M)2025 Revenue 402 ($14M) Expenses 368 ($14M) Net assets 190 ($39M)
'17'18'19'20'21'22'23'24'25
Revenue (402)Expenses (368)Net assets (190)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $30M (+97%).

$21M
$21M
$15M
$15M
$30M
$37M
$42M
$37M
$40M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

89% of DELAWARE STATE UNIVERSITY FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$180k
’17
−$506k
’18
−$6.8M
’19
$810k
’20
$11M
’21
$10M
’22
$2.7M
’23
−$6.1M
’24
$536k
’25
9.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Enid Wallace-Haley

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed544111515151515
Joined·+0+1+7+8+0+3+2+0
No longer listed·11040320
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 21 funders, grant income rose $716k → $3.7M.

17 of 60 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $7.6M from one payer (the payer shares this organization's board, largest Delaware State University). These are real filings, and they are not money DELAWARE STATE UNIVERSITY FOUNDATION INC raised.

From the IRS filings of DELAWARE STATE UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 60 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

DELAWARE STATE UNIVERSITY FOUNDATION INC has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DELAWARE STATE UNIVERSITY FOUNDATION INC.

16%
largest funder
43%
top three
~12
effective funders

Largest funder’s share by year: 2017 63% · 2018 60% · 2019 50% · 2020 28% · 2021 36% · 2022 18% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

26% of DELAWARE STATE UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

DELAWARE STATE UNIVERSITY FOUNDATION INC draws 73% of its grant income from funders outside Delaware, across 20 states in all.

ME
NH
WA
MN
WI
MI
NY
MA
IN
PA
CA
CO
VA
MD
DE
NC
DC
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Delaware out of state home

Funder states come from each funder’s own filing. $3.2M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

DELAWARE STATE UNIVERSITY FOUNDATION INC holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin4% · below the median
Months of reserve9.8mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like DELAWARE STATE UNIVERSITY FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Delaware

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

DE

Part of a family of 1 related entity

  • Delaware State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for DELAWARE STATE UNIVERSITY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds DELAWARE STATE UNIVERSITY FOUNDATION INC?
DELAWARE STATE UNIVERSITY FOUNDATION INC (Delaware) receives grants from 60 organizations whose IRS filings report $17,249,572 to it, the largest being LONGWOOD FOUNDATION INC ($2,750,000). 30 of them have funded it in more than one year.
How many funders does DELAWARE STATE UNIVERSITY FOUNDATION INC have?
IRS filings report 60 organizations giving $17,249,572 in grants to DELAWARE STATE UNIVERSITY FOUNDATION INC, 30 of which have funded it in more than one year.
Who is the largest funder of DELAWARE STATE UNIVERSITY FOUNDATION INC?
LONGWOOD FOUNDATION INC is the largest funder on record, with $2,750,000 in grants. The full list of funders is on this page.
How can an organization like DELAWARE STATE UNIVERSITY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 60 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing